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…
Key Takeaways Bitcoin ETFs surpassed gold ETFs in total assets under management, with Bitcoin funds reaching $129 billion. BlackRock’s iShares Bitcoin Trust is the market leader in Bitcoin ETFs, with nearly $60 billion in assets under management. Bitcoin ETFs surpassed…
Key Takeaways Michael Saylor published a framework for integrating digital assets into the US financial system. MicroStrategi has significantly expanded its Bitcoin holdings, reinforcing its view of Bitcoin as a store of value. MicroStrategi founder Michael Sailor has released a…
Key Takeaways MicroStrategi bought 5,262 bitcoins worth $561 million before joining the Nasdaq-100 index. The company’s total Bitcoin holdings represent over 2% of the total Bitcoin supply. MicroStrategi announced on Monday that it bought 5,262 bitcoins worth $561 million between…
Key Takeaways MicroStrategi joined the Nasdaq-100 index as part of its annual reconstitution. The inclusion allows index-tracking funds, such as the Invesco KKK Trust, to gain exposure to MicroStrategi and its Bitcoin funds. MicroStrategi ( MSTR ), along with Palantir…
Key Takeaways Bitcoin surged over 130% in 2024, but the shares of most mining companies ended the year in the red. Rising operating costs, increased mining difficulty, and reduced block rewards since the halving have affected the profitability of miners.…
