Business intelligence company Strategy continued stacking sats by acquiring 22,048 bitcoin worth nearly $2 billion. According to a March 31 SEC filing, Strategy purchased the coins for $1.92 billion last week, or around $86,969 per bitcoin. This boosted the company’s total bitcoin treasury to 528,185 BTC acquired for $35.63 billion. At bitcoin’s current price of […]

The Trump family is expanding its growing bitcoin and crypto portfolio by investing in a new bitcoin mining venture called American Bitcoin. Donald Trump Jr. and Eric Trump are merging their firm, American Data Centers, with Hut 8, a publicly traded bitcoin miner, to form the new company. The Trump brothers will hold a 20%

Yesterday, Rep. Jordan Pace reintroduced Bill H. 4256, The “Strategic Digital Assets Reserve Act Of South Carolina”, into South Carolina’s House of Representatives. Highlights from the bill include the fact that it enables the State Treasurer to invest up to 10% of the funds under the state’s management into digital assets, including bitcoin, and that

The Federal Deposit Insurance Corporation (FDIC) has issued new guidance allowing banks it supervises to engage in bitcoin and crypto activities without seeking pre-approval. This reverses a controversial policy imposed under the Biden administration. In a March 28 statement, the FDIC said banks can now participate in crypto-related services like custody and trading if they

Following a sharp multi-week selloff that dragged Bitcoin from above $100,000 to below $80,000, the recent price bounce has traders debating whether the Bitcoin bull market is truly back on track or if this is merely a bear market rally before the next macro leg higher. Bitcoin’s Local Bottom or Bull Market Pause? Bitcoin’s latest

In the world of traditional finance, evaluating a company’s success usually means tracking revenue growth, earnings per share, or return on equity. But what happens when the core of a company’s strategy isn’t selling products or services, but accumulating Bitcoin? That’s the question facing a new class of Bitcoin treasury companies. These are publicly traded

On Wednesday, the office of Rep. Gabe Amo issued a press release stating that Rep. Amo and Rep. Kim (R-CA) reintroduced a bipartisan resolution supporting the use of distributive ledger technologies (DLT), including blockchain, to “support democratic governance, human rights, freedom of information, transparency, and innovation around the world.” The resolution (the full text of

There are roughly half a billion crypto users around the world and, at the most generous estimate, only 2.5% are using hardware wallets. That’s a tiny number, but I’m relieved it’s not higher.  Why? Because I want people to on-board to Bitcoin by the billion, and I want to see everyone self-custody securely. The consumer

GameStop Corp. (NYSE: GME) announced today that it intends to raise $1.3 billion through a private offering of convertible senior notes and will use the net proceeds from this offering for general corporate purposes, including the acquisition of Bitcoin. The move comes a day after the company revealed an update to its investment policy, allowing

Bitcoin is a technology. It is not some force of the universe, some natural element or mineral that was “discovered” floating out in the ether. It is a technology. Technologies are created by human beings, not discovered. They are designed. That design has intent, elements of it are made specifically in a way to facilitate