Microstrategy’s staggering $1.1 billion bitcoin acquisition solidifies its dominance as a crypto giant, raising curiosity about its bold investment strategy and shareholder impact. A $1.1B Bitcoin Buy Pushes Microstrategy’s Holdings to 461,000 BTC Software intelligence firm Microstrategy Inc. (Nasdaq: MSTR) announced on Jan. 21 updates on its bitcoin acquisition strategy, revealing substantial activity over the […] Source link
Read MoreCategory: Bitcoin News
Auto Added by WPeMatico
Paul CHAN Mo-po, Vitalik Buterin Among the Top Speakers at Hong Kong Web3 Festival 2025
PRESS RELEASE. Hong Kong Web3 Festival today announced the first-round speaker lineup for its upcoming 2025 edition, which will take place from 6 to 9 April. The event will bring together representatives from a broad range of experts and leaders in the Web3 space, including: Paul CHAN Mo-po, GBM, GBS, MH, JP, Financial Secretary of […] Source link
Read MoreMicrostrategy Acquires 2,530 Bitcoin Amid Ongoing Strategy
Microstrategy, a leading business intelligence firm, has added 2,530 bitcoin (BTC) to its holdings, bringing its total to 450,000 BTC. The purchase, valued at approximately $243 million, was announced by Michael Saylor, Microstrategy’s executive chairman, on the social media platform X. Microstrategy’s Bitcoin Holdings Now Worth Over $28 Billion The latest acquisition, made at an […] Source link
Read MoreThumzup Media Buys $1 Million Worth of Bitcoin
Another publicly traded U.S. firm adds bitcoin to its balance sheet with Thumzup Media’s $1 million purchase. Thumzup Wants to Hold 90% of its Liquid Assets in Bitcoin Thumzup Media Corp., a publicly traded firm in the U.S. announced the acquisition of 9.783 BTC worth about $1 million with an average price of $102,220 per […] Source link
Read MoreIRS Issues Crypto Relief, XRP Market Update, and More — Week in Review
IRS issues crypto relief, XRP market update, the Bitcoin quantum computing debate, and more in this Week in Review. Week in Review The IRS announced temporary tax relief for crypto holders on centralized exchanges in 2025. XRP broke key resistance, trading around $2.36–$2.40, with bullish momentum suggesting a potential target of $2.90. In Bitcoin news, […] Source link
Read MoreMeme Coins, L1s, and Stablecoins—Coin Metrics Breaks Down 2024’s Crypto Revolution
The year 2024 marked a pivotal chapter in the cryptocurrency market, characterized by unprecedented developments, record-breaking milestones, and evolving trends, as reported by Coin Metrics’ “State of the Network” analysis by Tanay Ved. Inside 2024’s Crypto Transformation The cryptocurrency industry experienced substantial growth in 2024, spurred by the launch of spot Bitcoin exchange-traded funds (ETFs) […] Source link
Read MoreFrax Finance Eyes Blackrock’s BUIDL Token as Next-Gen Reserve Asset
Frax Finance, the issuer of the stablecoin frax usd (FRAX), which currently holds the ninth spot among fiat-pegged tokens by market capitalization, is weighing the addition of Blackrock’s BUIDL token as a reserve backing asset. A governance vote, scheduled to wrap up on Dec. 31, 2024, will decide the proposal’s fate. FIP-418: Frax Finance Weighs […] Source link
Read MoreMeet Brett: The Biggest Star of the Memecoin Universe on Base
The memecoin Brett is totally dominating the ecosystem on the Base blockchain. With a dedicated community and strong momentum, Brett might soon enter the top 3 of the entire memecoin ecosystem. Inspired by the iconic character from Matt Furie’s Boys’ Club comics, Brett has emerged as a dominant force in the memecoin ecosystem. This playful […] Source link
Read MoreBitget Announces Strategic Collaboration With SunPump on Growth of Tron Meme Ecosystem
PRESS RELEASE. Bitget, the leading cryptocurrency exchange and Web3 company, has announced a strategic collaboration with SunPump, the premier memecoin fair launch and trading platform on the TRON network. This partnership signifies a monumental stride in the development and expansion of TRON’s burgeoning memecoin ecosystem, unlocking a plethora of opportunities for groundbreaking projects and community-centric […] Source link
Read MoreMicrosoft Reinforces Its Interest in Crypto Despite Rejection of Bitcoin Investments
Microsoft, one of the largest tech companies in the world, has reinforced its interest in crypto as an asset class, proclaiming that it was one of the pioneers in accepting digital assets for its services. Microsoft Will Continue Evaluating Crypto as an Asset Class in the Future Microsoft, one of the largest companies in the […] Source link
Read More