A recent proposal encourages Meta to include Bitcoin in its corporate treasury, following similar suggestions made to companies like Microsoft and Amazon. This initiative, led by Ethan Peck from the National Center for Public Policy Research, highlights the success of Bitcoin adoption by firms like MicroStrategy as a protective measure against inflation. The proposal emphasizes ...
Companies around the world are increasingly turning to Bitcoin as part of their financial strategy to protect their assets from inflation. With nearly 3 million Bitcoins accumulated, these businesses see the digital currency as a way to diversify their treasuries and maintain value against the decline of traditional currencies. Financial experts highlight Bitcoin’s limited supply ...
As President-elect Donald Trump prepares to take office, a wave of interest in cryptocurrency, particularly Bitcoin, is anticipated across U.S. states. Supporters argue that Bitcoin is a hedge against inflation, while critics warn about its speculative nature. Public pension funds have been cautious, with few investing in cryptocurrencies due to their volatile nature and the ...
Hong Kong lawmaker Wu Jie has urged the government to consider including Bitcoin in its fiscal reserves as a way to adapt to the evolving global economy. He suggests that by investing a small percentage of reserves into cryptocurrencies, particularly Bitcoin, the government could potentially protect against inflation and reduce reliance on traditional assets like ...
BitGo CEO Mike Belshe expects positive momentum for cryptocurrency assets to persist into 2025, fueled by a new pro-crypto administration in Washington D.C. While the crypto industry is optimistic, Belshe believes the full impact of the regulatory changes may not be entirely factored into Market prices yet. He predicts that many companies will increasingly add ...
In a recent CNBC interview, BitGo CEO Mike Belshe shared his optimistic outlook for the cryptocurrency Market in 2024 and 2025. He believes the incoming pro-crypto administration in Washington D.C. could positively impact the industry, although the effects of new regulations might take time to fully materialize. Belshe sees that larger corporations will increasingly allocate ...
KULR Technology Group has made a major move into cryptocurrency by purchasing 217.18 Bitcoin for about $21 million, averaging $96,556.53 per Bitcoin. This investment is part of their new Bitcoin Treasury strategy, which aims to allocate up to 90% of their extra cash into Bitcoin. They will use the Coinbase Prime platform for secure storage ...
Recent shifts in corporate finance have seen a surge of companies adopting Bitcoin as a treasury asset, influenced by rising prices and supportive political climates. MicroStrategy has led this trend, with over 150,000 BTC held in its reserves, while firms like Rumble, Marathon Digital, and Hut 8 are also integrating Bitcoin into their strategies. This ...
Michael Saylor, the Executive Chairman of MicroStrategy, has given cryptocurrency investors a reason to pay attention to Bitcoin. Despite the mixed feelings surrounding crypto, Saylor remains a strong advocate, particularly for Bitcoin. In a recent CNBC interview, he suggested that President-elect Donald Trump is serious about establishing a strategic Bitcoin reserve, which could potentially influence ...
A member of the European Parliament has emphasized the importance of strategically holding Bitcoin (BTC) as a reserve asset. According to a report from Bitcoin Archive, this sentiment echoes similar proposals from influential figures, including Donald Trump, who announced that the United States would retain its Bitcoin holdings as a strategic reserve. This growing recognition ...
