Tag: Bitcoin

Metaplanet, listed in Tokyo, has launched a novel shareholder benefit program in collaboration with SBI VC Trade, a subsidiary of SBI Holdings. The program implements a lottery system that rewards shareholders with Bitcoin, representing a distinctive approach to shareholder incentives. On December 2, the Japanese investment firm announced a new ...

U.S. asset managers are planning to launch Bitcoin exchange-traded funds (ETFs) that utilize derivatives to reduce the price volatility of digital assets. This initiative aims to make cryptocurrency more appealing to risk-averse investors. According to a report by Financial Times on Monday, December 2, leading firms like Calamos Investments, First ...

In a decisive move that has reshaped its cryptocurrency strategy, Hong Kong-based online gaming company Boyaa Interactive has emerged as Asia’s largest corporate Bitcoin holder. The company recently converted 14,200 Ethereum (ETH), worth about $49.48 million, into 515 Bitcoin (BTC), bringing its total Bitcoin reserves to an impressive 3,183 BTC. ...

The UK Court of Appeal has definitively dismissed Craig Wright’s latest attempt to assert himself as the creator of Bitcoin. The ruling, delivered on November 28, reaffirmed an earlier decision by the High Court, which found Wright’s evidence insufficient to substantiate his claim as the author of the 2008 Bitcoin ...

Metaplanet announced in a press release on November 28 that it plans to issue its 12th series of Stock Acquisition Rights to the EVO Fund, an investment management firm based in the Cayman Islands. The third-party allotment is scheduled to begin on December 16, 2024. Metaplanet will issue a total ...

MARA Holdings, previously known as Marathon Digital, has raised concerns about the United States’ role in the global Bitcoin landscape, urging the country to adopt a more assertive approach to safeguard its economic and national security interests. In a recent post on X, MARA emphasized the significance of Bitcoin in ...

Dan Morehead, the CEO of Pantera Capital, has predicted that the price of Bitcoin could reach $740,000 per coin within the next four years. In a message to investors, Morehead pointed out that 95% of global financial wealth has not yet adopted blockchain technology, describing the sector as being in ...

Bitwise Asset Management, a prominent crypto asset manager with over $11 billion in client assets, has expanded its investment offerings in the cryptocurrency space. The firm recently filed a proposal with the SEC to launch an exchange-traded product (ETP) combining exposure to spot bitcoin and ether, the two largest cryptocurrencies. ...

Wellness and plant-based e-commerce company Jiva Technologies has approved a Bitcoin treasury strategy, with its board greenlighting up to $1 million in BTC investments.  CEO Lorne Rapkin stated on November 25, “As Bitcoin gains traction as a trusted and widely accepted asset class, we see a unique opportunity to strengthen ...

Rumble, the video-sharing and cloud services platform, revealed that its board has approved a plan to diversify its corporate treasury.  The strategy includes allocating up to 20 million from its excess cash reserves into Bitcoin, highlighting the company's growing interest in the cryptocurrency. The Florida-headquartered public company stated that the ...