Key Takeaways MicroStrategi bought 21,550 bitcoins for $2.1 billion, bringing its total fund to 423,650 BTC. The company raised capital by selling shares to finance its ongoing purchases of bitcoin. MicroStrategi, the world’s largest corporate holder of bitcoin, announced on…
Key Takeaways A Russian lawmaker proposed the creation of a national bitcoin reserve to counter sanctions and geopolitical risks. The proposal could influence other countries under sanctions to consider cryptocurrencies as tools to maintain financial stability. A Russian lawmaker has…
Key Takeaways The co-founder of Ava Labs highlighted the vulnerability of early Bitcoin funds to quantum computing attacks. The current capabilities of quantum computing do not yet pose a threat to the security of Bitcoin. Google’s new Willow quantum computer…
Key Takeaways Polymarket traders predict that Microsoft shareholders are unlikely to support the proposal to invest in Bitcoin. If approved, the 1% allocation to Bitcoin would make Microsoft the 10th largest public company holding Bitcoin. Microsoft’s shareholder vote on the…
Kei Takeaways Microsoft shareholders rejected a proposal to add bitcoin to its balance sheet. The proposal was rejected due to concerns about the volatility of Bitcoin. Microsoft shareholders voted against a proposal to explore adding bitcoin to the company’s balance…
Key Takeaways Mt. Gok transferred over 2,300 BTC to an unidentified wallet, marking another significant transfer this month. The transfers coincide with the price of bitcoin reaching $100,000 amid potential Federal Reserve policy changes. A wallet linked to defunct crypto…
Key Takeaways Texas lawmakers have proposed a bill to establish a state bitcoin reserve for taxes, fees and donations. The law aims to encourage bitcoin miners to pay taxes using digital assets and hedge against inflation. Texas lawmakers introduced legislation…
Key Takeaways MicroStrategi continues its bitcoin accumulation, announcing a $1.5 billion purchase today for 15,350 BTC. The company’s current Bitcoin holdings are estimated at $45 billion, which is over 2% of Bitcoin’s supply. MicroStrategi announced today that it bought 15,350…
Key Takeaways Ohio Considers Bitcoin Reserve to Protect Against Dollar Devaluation. Similar state-level initiatives for bitcoin reserves are underway in Texas and Pennsylvania. Ohio State Representative Derek Merrin has introduced legislation to create a state-backed bitcoin reserve. The proposal involves…
Key Takeaways Michael Saylor is willing to advise Donald Trump on crypto matters if requested. MicroStrategi continues to focus on Bitcoin funds as a primary method of value creation. MicroStrategi co-founder and executive chairman Michael Saylor said Wednesday that he…
