MicroStrategy has recently expanded its Bitcoin reserves by purchasing 15,350 BTC for approximately $1.5 billion, bringing its total holdings to 439,000 BTC worth around $45.6 billion. This latest acquisition, made between December 9 and 15 at an average price of about $100,386 per BTC, underlines the company’s commitment to Bitcoin investment. Founder Michael Saylor noted ...
Microsoft shareholders recently voted against a proposal to invest in Bitcoin, aligning with the board’s recommendation. The proposal, aimed at exploring Bitcoin as an investment, was suggested by a conservative think tank that views it as a strong hedge against inflation. This decision comes as Microsoft continues to favor a diverse investment strategy rather than ...
KULR Technology Group has decided to make bitcoin a key part of its financial strategy by including it as a primary asset in its treasury program. With over $12 million in cash reserves, the company plans to invest up to 90% of its surplus cash into bitcoin, depending on Market conditions. CEO Michael Mo highlights ...
Sora Ventures has introduced a $150 million fund to help listed companies in Asia adopt Bitcoin treasury strategies, inspired by the successful MicroStrategy model. This approach allows companies to use Bitcoin as a reserve asset to improve their financial strategies and enhance shareholder value. Metaplanet, a Tokyo Stock Exchange-listed company, is already benefitting from this ...
