MARA has almost 45,000 BTC, and is the company in this area with the largest reserves. The increase in exposure is an indication of bullish expectations for the BTC price. Companies dedicated to Bitcoin (BTC) mining and that are publicly traded have reached record levels of reserves of the currency created by Satoshi Nakamoto. Currently … Read more
Heritage Distilling is proof that MicroStrategy’s influence reached the spirits industry. The company announced its intentions to hold bitcoin (BTC) as part of its reserves. The American distillery mentioned that it will be buying bitcoin. However, part of its strategy also aims to receive payments in BTC that they can keep in their coffers. Heritage … Read more
New Hampshire joins the list of US states that will create their bitcoin (BTC) hoards. This Friday, the director of the Satoshi Act Fund, bitcoiner Dennis Porter, announced that another US state is set to have its own strategic bitcoin reserve. According to Porter, it was presented a project of law for the state of … Read more
In the midst of the confusion that exists over the possibility of the United States selling almost 70,000 bitcoin (BTC) seized from Silk Road, a scenario is proposed in which, if this sale is carried out, the United States would be surpassed by China in the amount of BTC in custody. Currently, the United States … Read more
The need for a reserve asset of value is observed, given the weakness of fiat money. Gold was in an uptrend during 2024. Gold purchases by central banks reached 53 net tonnes in November, marking the highest level in 14 months, according to market analysis newsletter The Kobeissi Letter. This movement highlights a trend sustained … Read more
Bitcoin has lost the $100,000 support. According to Andragnes, “it is time to be strategic with reserves.” The fall of bitcoin (BTC) below $100,000 may set off alarm bells for some investors. Others, however, who understand the potential of bitcoin in the medium and long term, see it as a good purchasing opportunity. Among these … Read more
“We are at the beginning of corporate adoption of BTC,” says Bitwise managing director. The size of corporate BTC treasuries has grown 112% in one year. Corporate adoption of bitcoin (BTC) as a strategic reserve asset has grown steadily, doubling in a matter of a year, according to data from investment firm Bitwise. According to … Read more
Officials from Brazil, Argentina and Chile advocate diversifying national reserves through BTC. Some announcements could be made without a thorough understanding of the economic implications. In July 2024, US Senator Cynthia Lummis introduced an initiative to establish a national treasury backed by Bitcoin. The proposal, sponsored by Donald Trump, became one of the main promises … Read more
The governor of the Central Bank of the Czech Republic, Aleš Michl, spoke during an interview about the possibility of adopting bitcoin as a strategic treasury currency. This statement comes amid the boom that the issue has experienced in recent weeks. Michael mentioned what considers BTC as a suitable asset to diversify the country’s reservesbut … Read more
The US Treasury would be empowered to monitor and audit the bitcoin reserve. Currently the Treasury has reserves of different financial assets, such as bonds and cash. The formation of a strategic reserve of bitcoin (BTC) in the United States seems to be an imminent policy, which will be carried out by President-elect Donald Trump, … Read more