Russia is advancing a draft amendment to its Bitcoin mining legislation, proposing new tax regulations for crypto mining activities, transactions, and associated infrastructure. According to a report by local media Interfax, the country’s Ministry of Finance has introduced amendments detailing tax guidelines for income and expenses in the crypto ...
Metaplanet has announced a ¥1.75 billion (approximately $11.7 million) ordinary bond issuance to bolster its Bitcoin acquisition strategy. The company revealed the move on November 18, highlighting its ongoing commitment to integrating cryptocurrency into its broader investment portfolio. These third series of ordinary bonds are exclusively allocated to EVO FUND ...
Polish presidential candidate Sławomir Mentzen has promised to establish a strategic Bitcoin reserve as part of his financial policy if he wins the 2025 election. Mentzen reaffirmed his commitment to integrating cryptocurrency into Poland's financial system on November 17 through a statement on X. Poland should create a Strategic Bitcoin ...
MicroStrategy CEO Michael Saylor has predicted that Bitcoin will reach $100,000 by the end of 2024. In a November 14 interview with CNBC, Saylor shared his optimism, announcing plans for a "New Year's Eve" celebration to mark Bitcoin's potential all-time high. "I believe Bitcoin will continue to rise from here. ...
U.S.-based battery materials firm Solidion Technology has announced a strategic shift in its corporate treasury management, which involves committing over 50% of its surplus cash reserves to Bitcoin investments. In a recent press release, Solidion described Bitcoin as a “secure store of value” and a “strategic asset”, reinforcing its role ...
For businesses aiming to offset risks from inflation, currency depreciation, and central bank policies, Bitcoin is now seen as a hedge—a store of value with the potential for stability amidst economic and geopolitical uncertainties. It all started in 2020 with MicroStrategy, the first publicly traded company to adopt Bitcoin as ...
Bitcoin is poised to gain unprecedented political significance in the U.S. following Republican victories in the recent elections, according to the New York Digital Investment Group (NYDIG). In a report published on November 11, Greg Cipolaro, NYDIG's global head of research, stated that Bitcoin's position in the investment landscape is ...
Bitcoin mining hashrate marketplace NiceHash is set to host a two-day conference in Maribor, Slovenia, on November 8 to celebrate its 10-year anniversary. The event, known as NiceHashX and dubbed the "Bitcoin Conference on the Sunny Side of the Alps," will bring together prominent industry figures to discuss issues like ...
US-based manufacturer Semler Scientific increased its Bitcoin holdings to 1,058 BTC, valued at $71 million, following its acquisition of over 47 BTC in the third quarter of 2024. In its Q3 financial results report, CEO Doug Murphy-Chutorian emphasised that the healthcare equipment manufacturer is "laser-focused on acquiring and holding Bitcoin" ...
Altcoins could be in for a challenging period ahead if historical patterns in market cycles are repeated, according to crypto analyst and ITC crypto founder Benjamin Cowen. Cowen shared in a recent post on X that a significant "altcoin reckoning" could be approaching as trading pairs between altcoins and Bitcoin ...
