Recent financial disclosures reveal that at least six members of Donald Trump’s cabinet have significant investments in Bitcoin, totaling millions of dollars. Health Secretary Robert F. Kennedy Jr. holds a Bitcoin account valued between $1 million and $5 million, while Budget Director Russell Vought disclosed a Bitcoin holding worth up to $15,000 but plans to ...
Metaplanet, a Japanese firm focused on Bitcoin investments, has issued 2 billion yen (around $13.35 million) in bonds to boost its Bitcoin reserves. This marks the seventh bond issuance since May 2024, aiming to acquire more BTC. The 0% ordinary bonds, redeemable in full by August 2025, will fund Metaplanet’s dedicated Bitcoin acquisition fund, Evo ...
HK Asia Holdings Limited has expanded its Bitcoin holdings to almost 9 BTC, following a significant increase in its share price after its initial Bitcoin purchase. In a recent announcement, the Hong Kong-based investment firm revealed that it bought around 7.88 BTC for about $761,705, raising its total Bitcoin investment to approximately $861,500. This move ...
Crypto exchange-traded products (ETPs) saw significant inflows last week, totaling $527 million, marking their fourth consecutive week of growth. Led by Bitcoin investments, the United States accounted for most of the inflows with $474 million. While concerns about a competing AI model initially triggered sell-offs, the Market quickly rebounded, showcasing strong demand for Bitcoin and ...
Metaplanet, a Japanese publicly traded company, plans to raise about $745 million to buy Bitcoin, aiming to acquire 21,000 BTC by 2026. This move is part of their strategy to enhance their presence in the cryptocurrency Market and tackle the falling value of the yen. To support this capital raise, Metaplanet issued 21 million shares ...
MicroStrategy and KULR Technology are making headlines with their Bitcoin investments. MicroStrategy, which has been buying Bitcoin since 2020, now holds 279,420 Bitcoins valued at $26.2 billion, representing a substantial portion of its business value. In contrast, KULR, which specializes in thermal management solutions for lithium-ion batteries, recently purchased 217.18 Bitcoins worth $20.4 million and ...
At the end of the year, the focus returned to the Federal Reserve, but an unexpected move by Alipay shocked the Market. Reports emerged that some users in mainland China were seeing cryptocurrency fund advertisements on Alipay, suggesting a potential shift in policy towards crypto. These funds, tied to Qualified Domestic Institutional Investors (QDII), allow ...
