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 ...
Rumble, Canada’s largest video-sharing platform, has made its first Bitcoin purchase as part of its financial strategy, investing $20 million. This decision reflects a broader trend where public companies embrace Bitcoin as a reserve asset. Following the announcement, Rumble’s stock rose over 5%, joining other firms like MicroStrategy and Marathon Digital in their Bitcoin investments. ...
As interest in digital assets grows, many publicly traded companies are now following MicroStrategy’s example by adding Bitcoin to their balance sheets. MicroStrategy began this trend in 2020, leading to a dramatic increase in its share price. Recently, firms like KULR Technology Group and Acurx Pharmaceuticals have announced their own Bitcoin treasury strategies, with KULR ...
As interest in digital assets grows, more publicly traded companies are adopting Bitcoin as a key part of their financial strategies, following MicroStrategy’s lead. Since MicroStrategy first invested in Bitcoin as a treasury asset in 2020, it has seen its share price soar nearly 2,500%. Companies like KULR Technology Group recently announced significant Bitcoin purchases, ...
