The U.S. government could allocate up to 88,000 BTC for its newly announced Strategic Bitcoin Reserve, according to Alex Thorn, head of research at Galaxy Research. In a March 7 post on X, Thorn explained that while federal authorities...
The United States could amass more than 1 million Bitcoin over the next five years if authorities decide to sell a portion of the country’s gold reserves, according to a new analysis by Singapore-based blockchain firm Matrixport. In a...
United States President Donald Trump has signed an executive order to establish a Strategic Bitcoin Reserve. In a March 7 announcement on his official X account, White House AI and Crypto Czar David Sacks revealed that the reserve would...
Brian Armstrong, CEO of Coinbase, has suggested that the majority of G20 nations will likely be inclined to follow the U.S.'s lead and establish their own digital asset reserves. Armstrong stated this while commending the Donald Trump administration in...
New Hampshire is moving towards establishing a Bitcoin reserve, as its House committee approved House Bill 302 on March 5. Introduced by Republican Keith Ammon on January 7, the bill passed with a 16-1 vote and aims to allow...
Japanese investment firm Metaplanet has expanded its Bitcoin holdings with a $44 million purchase, a move that has propelled its stock price up by 19% today. CEO Simon Gerovich announced in a March 5 post on X that the...
Metaplanet has strengthened its holdings by purchasing 156 Bitcoin on March 3. This latest acquisition, valued at approximately $13.4 million for $85,890 per coin, brings the company’s total Bitcoin reserves to 2,391 BTC. Under the leadership of Simon Gerovich,...
Cryptocurrency mining company Bitdeer has strengthened its market position with a significant Bitcoin acquisition worth millions. In a post on X on February 28, the Singapore-based firm announced the purchase of 50 BTC at an average price of $81,475....
Institutional investors are becoming a driving force behind Bitcoin’s price movements, according to Singapore-based blockchain firm Matrixport. In a February 26 X post, the firm noted that while Bitcoin’s market dominance remains at 60%, its price trends are now...
MARA Holdings reported a net income of $528.3 million for Q4 2024, a 248% increase from the previous year. Adjusted EBITDA rose by 207% to $794.4 million, establishing a new industry benchmark, according to its February 27 shareholder letter....
