Metaplanet, a leading Japanese investment firm, recently purchased an additional 330 Bitcoins for $28 million, bringing its total holdings to 4,855 Bitcoins. The company aims to acquire 21,000 Bitcoins by 2026 and announced plans to raise approximately $750 million through an equity capital raise, marking it as the largest effort of its kind in Asia ...
Michael Saylor’s Strategy, one of the largest corporate holders of Bitcoin, recently made a significant purchase of 6,556 Bitcoin for $555.8 million, as the cryptocurrency approaches $85,000. This acquisition, which was funded by proceeds from stock offerings, brings Strategy’s total Bitcoin holdings to 538,200 BTC, acquired for an average price of $67,766 per coin. This ...
Michael Saylor’s company, Strategy, formerly known as MicroStrategy, has experienced an incredible 2,466% stock increase since it started investing in Bitcoin in August 2020. While major tech firms focused on AI and cloud computing, Strategy boldly pivoted to Bitcoin, aiming to safeguard against inflation and enhance shareholder value. As of April 2025, the company holds ...
In a recent interview on the Thinking Crypto podcast, Bo Hines, Executive Director of the Presidential Council of Advisers for Digital Assets, emphasized the urgent need for the U.S. to strengthen its Bitcoin strategy. He warned that global competition for Bitcoin is intensifying and outlined plans for a Strategic Bitcoin Reserve aimed at accumulating Bitcoin ...
GameStop Corporation has successfully completed a convertible debt offering, raising $1.5 billion, with plans to invest in Bitcoin. Initially aiming for $1.3 billion, demand led to an additional $200 million in notes. The company will use the funds for general operations, including Bitcoin purchases. The notes, convertible into equity, will mature on April 1, 2030, ...
GameStop’s stock recently dropped by nearly 25% after the company announced its plan to raise $1.3 billion through convertible senior notes to invest in Bitcoin. This comes on the heels of a 12% increase in shares when GameStop revealed a new investment strategy that includes Bitcoin as a treasury reserve. Despite higher interest in cryptocurrency ...
The Blockchain Group, based in France, has added 580 Bitcoin to its treasury, significantly boosting its digital asset holdings. This purchase follows a remarkable 225% rise in the company’s stock price since it started buying Bitcoin last November. The recent acquisition, worth about $50.64 million, marks the group’s largest purchase yet. The company capitalized on ...
Atai Life Sciences, a biopharmaceutical company listed on NASDAQ, believes cryptocurrencies like Bitcoin could help biotech startups survive the long and costly regulatory approval process. The firm plans to invest $5 million in Bitcoin as a hedge against inflation and diversifying its assets, according to founder Christian Angermayer. As the biotech industry faces financial challenges, ...
Michael Saylor, the founder of Strategy, has proposed that the U.S. government should acquire up to 25% of Bitcoin’s total supply as part of a Strategic Bitcoin Reserve over the next decade. In a document titled “A Digital Assets Strategy to Dominate the 21st Century Global Economy,” he suggests consistent daily purchases between 2025 and ...
Michael Saylor, founder of a strategic initiative, has suggested that the U.S. government should aim to acquire up to 25% of Bitcoin’s total supply over the next decade. He believes this would benefit the nation as Bitcoin becomes increasingly valuable. Saylor presented his ideas at a recent White House Crypto Summit, emphasizing a “Never sell ...
