MicroStrategy bags 2,138 Bitcoin for $209 million, boosting total holdings to 446,400 BTC

MicroStrategy's aggressive Bitcoin acquisition strategy may influence corporate treasury practices, potentially increasing market volatility. The post MicroStrategy bags 2,138 Bitcoin for $209 million, boosting total holdings to 446,400 BTC appeared first on Crypto Briefing. дальше »

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U.S. Debt Ceiling Looms in Signal for a Bitcoin Cycle Bottom

Treasury Secretary Janet Yellen said she expects the debt ceiling to be reached around the inauguration date for President-elect Donald Trump. дальше »

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A16z is suing IRS over new DeFi rules

Andreessen Horowitz’s blockchain arm, A16z Crypto, has criticized the US Internal Revenue Service (IRS) and the Treasury Department over their new DeFi rules. In a Dec. 30 post on X, Michele Korver, the head of regulation at A16z, announced its support for the legal challenge led by the Blockchain Association, DeFi Education Fund, and Texas […] The post A16z is suing IRS over new DeFi rules appeared first on CryptoSlate. дальше »

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El Salvador now holds 6,000 BTC: can Bitcoin success story sustain?

El Salvador, the pioneering nation that made Bitcoin legal tender in 2021, has surpassed 6,000 BTC in its treasury, valued at $561.3 million as of the latest update. This milestone represents not only a strategic accumulation effort but also a bold economic experiment under President Nayib Bukele’s leadership. With a 105% unrealised return on its […] дальше »

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El Salvador crosses 6,000 Bitcoin milestone with latest purchase, portfolio up 105%

El Salvador now holds more than 6,000 Bitcoin, reaching this milestone after adding another BTC on Dec. 29. The country’s Bitcoin (BTC) treasury now stands at 6,000. 77 BTC, valued at approximately $561. дальше »

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Treasury and IRS finish broker rules for DeFi, require KYC from protocols

The US Department of the Treasury and the Internal Revenue Service (IRS) have released the final version of its broker rules to digital assets services providers, which includes provisions on requiring DeFi protocols to conduct Know-Your-Customer (KYC) procedures. дальше »

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Bitwise files ETF for firms holding over 1,000 BTC

Bitwise's ETF targets firms with over 1,000 BTC, using Bitcoin treasury size over market capitalization for portfolio weighting. The post Bitwise files ETF for firms holding over 1,000 BTC appeared first on Crypto Briefing. дальше »

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Bitwise seeks approval for ETF tracking companies holding over 1,000 BTC

Bitwise has filed an application to list and trade shares of an exchange-traded fund that will track companies holding significant amounts of Bitcoin as part of their treasury. The asset management firm’s regulatory filing with the US Securities and Exchange Commission on Dec. дальше »

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Bitwise files new ETF targeting firms with large Bitcoin holdings

The Bitwise Bitcoin Standard Corporations ETF would invest in businesses that “hold at least 1,000 Bitcoin” Companies need to have a market capitalization of at least $100 million to be included in Bitwise’s proposed ETF KULR Technology Group started its Bitcoin Treasury strategy with the purchase of 217. дальше »

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Bitwise files for ETF tracking companies holding over 1000 Bitcoin in treasury

Bitwise has proposed a new exchange-traded fund that invests in publicly traded companies holding over 1000 BTC in their corporate treasuries. In a Dec. 26 regulatory filing, Bitwise said the Bitcoin Standard Corporations ETF will invest in equity securities of… дальше »

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KULR Technology adopts Bitcoin treasury strategy with $21M purchase, stock rises 30%

KULR Technology adopts a Bitcoin treasury strategy with a $21M purchase, boosting stock 30%, aligning with corporate Bitcoin trends. The post KULR Technology adopts Bitcoin treasury strategy with $21M purchase, stock rises 30% appeared first on Crypto Briefing. дальше »

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KULR latest to add Bitcoin to corporate treasury with $21 million acquisition

Energy company KULR Technology Group unveiled the start of its Bitcoin (BTC) treasury on Dec. 4 by acquiring 217. 18 BTC for approximately $21 million, at an average purchase price of $96,556. 53 per Bitcoin. дальше »

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KULR Technology launches Bitcoin treasury with $21M purchase

The publicly traded company is the latest to adopt a Bitcoin treasury, joining a growing number of firms adding BTC to their balance sheets. дальше »

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KULR Technology Group, Inc. launches Bitcoin treasury, buys $21M BTC

KULR Technology Group, Inc. , a company known for its advancements in energy management platforms, has embarked on a bold new financial strategy by announcing the inclusion of Bitcoin (“BTC”) as a primary asset in its treasury program. дальше »

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KULR launches Bitcoin treasury with $21m BTC purchase

The $21 million BTC purchase follows the KULR’s announcement on Dec. 4. Other companies to launch a Bitcoin treasury strategy in recent weeks include Rumble, Marathon Digital, Semler Scientific and Thumzup. дальше »

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MicroStrategy to issue 10B MSTR shares to fund Bitcoin buys - Will it boost BTC?

MicroStrategy seeks approval for a 10 billion MSTR share count increase.  MSTR’s 263% YTD gains more than doubled BTC’s 112%.  MicroStrategy, the pioneer of Bitcoin corporate treasury,The post MicroStrategy to issue 10B MSTR shares to fund Bitcoin buys - Will it boost BTC? appeared first on AMBCrypto. дальше »

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MicroStrategy Continues Bitcoin Buying Spree With Latest 5,262 BTC Purchase Amid Nasdaq-100 Entry

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10 companies launch Bitcoin treasuries, but not Microsoft: Here are the risks, benefits

Microsoft shareholders nixed a Bitcoin treasury idea, but other big-name companies disagree with this strategy. Here’s why. Bitcoin (BTC) is often likened to “digital gold,” with its fixed supply of 21 million coins making it a potential hedge against currency… дальше »

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Michael Saylor: Bitcoin as a national asset for US Treasury could generate $81 trillion

MicroStrategy founder Michael Saylor shared Friday a proposal for establishing a strategic Bitcoin reserve. The proposal suggests that such a Bitcoin (BTC) reserve could generate between $16 and $81 trillion in wealth for the U.S. Treasury, potentially offering a path… дальше »

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DeFi Protocol Usual's Surge Catapults Hashnote's Tokenized Treasury Over BlackRock's BUIDL

Hashnote's USYC is the primary backing asset of the red-hot decentralized finance protocol Usual, whose USD0 stablecoin zoomed over $1 billion market capitalization in a few months. дальше »

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Quantum BioPharma adds $1m in Bitcoin to treasury, eyes future crypto financing

Quantum BioPharma Ltd. , a Nasdaq-listed biotech and medical research company, has purchased $1 million in Bitcoin and other cryptocurrencies as part of a strategic move approved by its board of directors. дальше »

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Quantum BioPharma invests $1M in BTC, cryptos for treasury diversification

The company announced the acquisition of $1 million in Bitcoin and other cryptocurrencies on Dec. 20, triggering a 10% drop in its stock. дальше »

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Tornado Cash’s legal win prompts co-founder Roman Storm to fight charges

Roman Storm, developer of the crypto-mixing platform Tornado Cash, has filed a motion to dismiss the criminal charges filed against him by US authorities. His request follows a significant legal decision by the Fifth Circuit Court, which ruled that sanctions imposed by the US Treasury’s Office of Foreign Assets Control (OFAC) on Tornado Cash’s immutable […] The post Tornado Cash’s legal win prompts co-founder Roman Storm to fight charges appeared first on CryptoSlate. дальше »

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Tornado Cash dev wants charges dropped after court said OFAC ‘overstepped’

Tornado Cash co-founder Roman Storm has petitioned a judge to drop criminal charges against him after an appeals court found the Treasury unlawfully sanctioned the crypto mixer. дальше »

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Fed’s Jerome Powell: ‘We’re not allowed to own Bitcoin’ - No more BTC reserve? 

Powell stated that the law doesn’t allow the Fed to own BTC.  The community clarified that the US BTC reserve will be under the Treasury Secretary, not the Fed.   Fed chair Jerome PowelThe post Fed’s Jerome Powell: ‘We’re not allowed to own Bitcoin’ - No more BTC reserve?  appeared first on AMBCrypto. дальше »

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Metaplanet rides 2200% stock growth wave to enter US market with Bitcoin focus

Metaplanet, a Japanese Bitcoin-focused investment firm, will begin trading its shares on the US OTCQX Market on Dec. 19 under the ticker MTPLF. This milestone follows the company’s announcement of its Bitcoin Treasury Operations as a core business focus. дальше »

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Ohio becomes latest state to propose Bitcoin treasury to protect funds from US dollar devaluation

Ohio lawmaker Derek Merrin introduced a groundbreaking bill to establish a Strategic Bitcoin Reserve within the state treasury, according to a Dec. 17 statement. The proposed legislation, known as the Ohio Bitcoin Reserve Act, seeks to empower the state treasurer with the authority to invest in Bitcoin, aligning with the growing trend of adopting it […] The post Ohio becomes latest state to propose Bitcoin treasury to protect funds from US dollar devaluation appeared first on CryptoSlate. дальше »

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Hong Kong pushes forward with stablecoin bill in legislative council

Hong Kong presents a stablecoin bill to solidify its digital asset regulatory framework. At a legislative council meeting on Dec. 18, Christopher Hui, Hong Kong’s Secretary for Financial Services and the Treasury, presented a stablecoin bill in its second reading.… дальше »

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Ohio lawmaker introduces Bitcoin reserve bill allowing state to buy BTC

Ohio has become the third US state behind Texas and Pennsylvania to see bills introduced to establish Bitcoin reserves as part of the state’s treasury. дальше »

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US Treasury and UAE target North Korean digital asset launderers

Two Chinese citizens and a UAE trading company have been sanctioned by the United States for their alleged roles in money laundering for North Korea. дальше »

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US shuts down North Korean crypto laundering network

The U. S. Treasury’s Office of Foreign Assets Control has imposed sanctions on two individuals and a company in the United Arab Emirates for facilitating North Korea’s illicit use of digital assets. дальше »

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Bitcoin Holder Semler Scientific's Shares Now Available for Options Trading

The medical device company adopted a bitcoin treasury strategy earlier this year and currently holds 2,084 tokens worth roughly $220 million. дальше »

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Donald Trump reportedly plans to leverage $200 billion US Treasury fund for Bitcoin reserves

US President-elect Donald Trump is reportedly considering an Executive Order to establish a Strategic Bitcoin Reserve (SBR), according to Satoshi Act Fund founder Dennis Porter. On Dec. 15, Porter shared on social media platform X (formerly Twitter) that Trump plans to use the Treasury’s Exchange Stabilization Fund (ESF) to implement this strategy after his inauguration. дальше »

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Senator Lummis Holds Talks With Treasury Secretary Bessent On Bitcoin Reserve Strategy

In a significant step toward establishing a US strategic Bitcoin reserve, Senator Cynthia Lummis recently met with incoming Treasury Secretary Scott Bessent, according to a recent social media post on X (formerly Twitter) in which Lummis expressed optimism about Bessent’s potential support for digital assets, particularly BTC. дальше »

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Massive USDT Inflows Fuel Bitcoin Rally And Market Activity

The crypto market is seeing a massive injection of liquidity, with 972.6 million USDT flowing from Tether’s Treasury to exchanges in the past 24 hours. This significant movement of funds appears to be a driving factor behind Bitcoin’s ongoing rally and broader market dynamics. A massive amount of money is […] дальше »

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Why tech giants like Amazon may hesitate to adopt Bitcoin

Big Tech has a great flow of cash on hand. Currency devaluation makes them lose purchasing power. Is Bitcoin a treasury solution to fight against inflation? Amazon is the next to decide. дальше »

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Circle and Binance team up to boost global USDC adoption

Binance will adopt USDC into its corporate treasury and make the stablecoin more widely available to its 240 million users Circle will help Binance build relationships across the finance and commerce landscape Circle’s USDC is compliant with stablecoin regulations in Europe and Canada Binance and Circle have entered a partnership designed to boost the adoption […] The post Circle and Binance team up to boost global USDC adoption appeared first on CoinJournal. дальше »

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Crypto travel platform Travala introduces Bitcoin reserve plan 

Travala, a cryptocurrency-based travel booking platform, has announced a new “Treasury Reserve Plan” after surpassing $100 million in annual gross revenue.  The plan will see the company hold reserves in Bitcoin (BTC) and its native AVA token to strengthen its… дальше »

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Hong Kong Treasury says crypto is not a ‘target asset’ for its Exchange Fund

The Hong Kong Treasury Department does not consider crypto to be a ‘target asset’ for the nation’s Exchange Fund, even though it does invest a small portion of funds into crypto assets. дальше »

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Circle looks to Binance to help USDC catch up with Tether in stablecoin adoption

Binance has formed a strategic partnership with Circle to integrate USD Coin (USDC) across its services, aiming to enhance accessibility and promote adoption. This collaboration also positions USDC as a key corporate treasury asset for Binance, according to an announcement on Dec. дальше »

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Huge Bummer As Microsoft Shareholders Vote Against Bitcoin Treasury Proposal

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Microsoft shareholders oppose Bitcoin treasury allocation in preliminary vote

Microsoft shareholders voted against the proposal to add Bitcoin (BTC) to its treasury in a preliminary vote conducted during the firm’s annual meeting. The proposal, introduced by the think tank and shareholder National Center for Public Policy Research (NCPPR), involved Microsoft considering allocating 1% of its treasury to BTC, which is roughly $800 million per […] The post Microsoft shareholders oppose Bitcoin treasury allocation in preliminary vote appeared first on CryptoSlate. дальше »

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Microsoft shareholders reject Bitcoin treasury proposal

Microsoft shareholders have voted against the proposal that sought to have the tech giant add Bitcoin to its balance sheet. The vote on Tuesday, December 10, 2024, followed the proposal by the National Center for Public Policy Research, and came after MicroStrategy founder and Chairman Michael Saylor added to the call for Microsoft to adopt […] The post Microsoft shareholders reject Bitcoin treasury proposal appeared first on CoinJournal. дальше »

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Microsoft shareholders reject Bitcoin treasury proposal

Microsoft shareholders have voted against a proposal to add Bitcoin to the company’s treasury holdings.  The decision, announced on December 10, followed the board’s recommendation to reject the measure, which was introduced by the National Center for Public Policy Research.… дальше »

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Microsoft Shareholders Vote Down Bitcoin Treasury Proposal

The negative vote was expected even as MicroStrategy Executive Chairman Michael Saylor tried to convince Microsoft shareholders otherwise. дальше »

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Former US Treasury Secretary Knocks Trump’s Bitcoin Reserve Plan

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Bitcoin Price News: US Treasury refers to BTC as “Digital Gold” as Bitcoin pumps and new altcoin soars

Bitcoin (BTC) is officially recognized as “digital gold” and a store of value by the U. S. Treasury Department. Since its inception in 2008, Bitcoin has evolved into the world’s first and largest cryptocurrency. дальше »

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Will SUSHI crypto surge 60% after Treasury Diversification Proposal announcement?

SUSHI crypto could soar by 60% to reach the $4.60 level if it closes a daily candle above $2.82. Per the spot inflow/outflow, exchanges have witnessed $6.82 million of outflow in the past 24 hoThe post Will SUSHI crypto surge 60% after Treasury Diversification Proposal announcement? appeared first on AMBCrypto. дальше »

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U.S. Bitcoin strategy picks up pace - BTC declared 'digital gold'

U. S. Treasury recognizes Bitcoin as “digital gold,” emphasizing its role as a store of value. Trump’s nomination of Scott Bessent signaled strong Bitcoin advocacy and potential strategic The post U. дальше »

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Jetking Infotrain becomes first Indian public company to hoard Bitcoin

Jetking Infotrain, a 77-year-old Indian IT training company, has become the first publicly listed business in India to adopt Bitcoin as part of its corporate treasury strategy. The company announced the purchase of 12 Bitcoin (BTC), valued at approximately $1.2… дальше »

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