Investment firms investing in Bitcoin are leading the way for global adoption of the cryptocurrency, which could reach a $200 trillion Market value in the next decade. Adam Back, CEO of Blockstream, notes how companies like MicroStrategy are capitalizing on the differences between Bitcoin’s potential and the current fiat currency system. He believes that as ...
Genius Group, an AI firm based in Singapore, is facing a temporary ban on expanding its Bitcoin holdings due to a U.S. court order. This order prohibits the company from selling shares, raising funds, or using investor money to purchase more Bitcoin. The court’s decision is linked to Genius Group’s merger with Fatbrain AI, which ...
Paul Atkins, nominated by President Donald Trump to lead the U.S. Securities and Exchange Commission, is dedicated to fostering a supportive regulatory environment for the cryptocurrency sector. In his upcoming Senate confirmation hearing, he emphasized the need for a solid regulatory framework that promotes innovation and prevents politics from hindering capital growth. Atkins, who previously ...
Metaplanet, a Japanese company focused on Bitcoin investments, has recently acquired an additional 150 Bitcoin, bringing its total holdings to 3,200 BTC, valued at around $261.8 million. This latest purchase is part of Metaplanet’s ambitious plan to acquire 21,000 BTC by 2026. Despite the significant purchase costing approximately $12.6 million, the company’s stock saw a ...
CleanSpark reported a 6% increase in its Bitcoin treasury in February, mining 624 Bitcoin valued at over $55 million. The company sold 2.73 Bitcoin at an average price exceeding $95,000, adding the rest to its total holdings of 11,177 Bitcoin, making it the fifth-largest corporate BTC treasury globally, worth over $1 billion. CleanSpark’s CEO, Zach ...
Metaplanet, a Tokyo-based Bitcoin Treasury company, has made headlines by purchasing 497 more Bitcoins, boosting its total to 2,888 BTC valued at around $251 million. This recent acquisition sent their stock soaring by 20% on the Tokyo Stock Exchange, raising the share price to ¥4,045 ($26.60). CEO Simon Gerovich announced that their portfolio is thriving, ...
Rezolve AI (NASDAQ: RZLV) is reacting positively to President Trump’s recent announcement about including cryptocurrencies like XRP, Solana, and Cardano in the U.S. strategic reserve. This aligns well with Rezolve’s ongoing efforts, including their collaboration with Tether and their Bitcoin treasury strategy. The company views this government endorsement as confirmation of the essential role of ...
Rezolve Ai, a leader in AI-driven commerce solutions, has launched a $1 billion Bitcoin treasury program, starting with an initial investment of $100 million. This strategic initiative aims to support the upcoming launch of its crypto payment platform in collaboration with Tether, the largest entity in the digital assets sector. By holding Bitcoin, Rezolve Ai ...
KULR Technology Group has boosted its Bitcoin Treasury by an additional $8 million, bringing its total to $50 million and now holds 510 BTC at an average price of $101,695 each. This move supports the company’s strategy to keep up to 90% of its excess cash reserves in Bitcoin by December 2024. Year-to-date, KULR has ...
KULR Technology Group, a leader in energy management, has announced an increase in its Bitcoin holdings, purchasing an additional $8 million worth, bringing the total to $50 million. The company now owns 510 BTC, bought at an average price of $101,695 each. This strategy is part of KULR’s announcement in December 2024, where it committed ...
