An unexpected player in the cryptocurrency space is Alliance Resource Partners, a coal mining company based in Oklahoma. This company holds around 482 Bitcoin, making it one of the top-15 holders of Bitcoin among public companies in the U.S. Unlike major buyers like MicroStrategy, Alliance Resource Partners started mining Bitcoin using excess power from its ...
Coinbase has introduced a new service allowing users to borrow up to $100,000 in USDC stablecoins by using their bitcoin as collateral. This innovative feature can be accessed through the Coinbase app, with loans managed by the DeFi platform Morpho on the Base blockchain. Borrowing against bitcoin enables users to raise funds without triggering a ...
Heritage Distilling Company, based in Washington State, has made history as the first publicly traded distillery to accept Bitcoin as payment. After launching its IPO on Nasdaq, the company is now integrating cryptocurrency into its sales strategy. By adopting Bitcoin, Heritage aims to diversify its treasury and attract a broader audience, believing that its unique ...
Russian companies are increasingly turning to Bitcoin and other digital currencies for international payments due to Western sanctions. Chinese banks, once key players in Russian trade, have drastically reduced transaction support, fearing repercussions in U.S. financial markets. Reports indicate that by mid-2024, up to 80% of Russian payments in yuan were either rejected or returned. ...
