Dennis Porter of the Satoshi Act Fund expects more states to join the reservation rush. Inflation and custody are some of the elements that coincide in state reserves. To date, at least 8 states in the United States have already officially presented their own projects to approve the creation of strategic reserves of bitcoin (BTC), … Read more
Wyoming Representative Jacob Wasserburger introduced a bill called the “State Bitcoin Investment Funding Act” (HB0201), which seeks to establish a strategic bitcoin reserve in the state. The bill seeks to guarantee the financial future of the federal entity, while paving the way for broader adoption at the national level. HB0201 proposes that a fraction of … Read more
On betting site Polymarket, users are betting on the possibility of a national bitcoin (BTC) reserve being created in the United States this year. So far, 65% of bettors consider that the coming Donald Trump government could establish this BTC treasury. This bet has collected more than $129,300 since its creation on December 31, 2024. … Read more
In the United States, a strong state movement is developing to create bitcoin (BTC) reserves. So far, 8 states have expressed clear interest in the treasures in this digital currency and the benefits it can have for entities. New Hampshire, Alabama, Florida, Pennsylvania, Texas, Ohio, North Dakota and Oklahoma are the states where the political … Read more
The Prime Minister of Malaysia receives advice from Binance founder Changpeng Zhao. He will draft a document on the subject and it will be presented to the cabinet for approval. After holding talks with Binance founder Changpeng Zhao and leaders of the United Arab Emirates, Malaysian Prime Minister Anwar Ibrahim is taking steps to regulate … Read more
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