MicroStrategy bought 10,000 more bitcoin

Business software company MicroStrategy, known for being the largest holder of bitcoin among publicly traded companies, has increased its position in the market by acquiring 10,107 BTC for a total of $1.1 billion. This purchase, announced by the CEO and MicroStrategy co-founder Michael Saylorwas made at an average price of $105,596 per bitcoin. With this…

Why a bitcoin reserve and not a beef?

South African Reserve Bank (SARB) Governor Lesetja Kganyago recently questioned the logic of incorporating bitcoin into countries’ federal reserves, equating it with traditional assets such as gold. His statements were given within the framework of the World Economic Forum in Davos, Switzerland. In this way, Kganyago urged States not to succumb to the influence of…

Companies accumulate bitcoin after Trump’s inauguration

KULR, Genius Group and MicroStrategy announced new BTC purchases. Bitcoin remains strong at six-figure prices. Various American companies announced today, one day after Donald Trump’s presidential inauguration, that they have purchased more bitcoin (BTC) for their reserves. One of them is Genius Group, an educational company specialized in artificial intelligence and bitcoin that is listed…

YouTube rival made its first bitcoin purchase

Rumble CEO Chris Pavlovski indicated that they will continue buying bitcoin. The company follows in the footsteps of MicroStrategy. The streaming platform Rumble, known for its anti-censorship stance and its rivalry with YouTube, confirmed its foray into the cryptoasset market by making its first purchase of bitcoin (BTC). This strategic move, announced by CEO Chris…