Riot miner’s bitcoin treasure exceeds 16,700 BTC

Riot Platforms, an American company dedicated to Bitcoin mining, now has a total treasure of more than 16,700 bitcoin (BTC), as reported this Friday in an X post. According to the data of the company, bought 5,117 bitcoin at a price of $99,669, for an investment of just over $510 million. With this acquisition, Riot … Read more

They ask Japan to join the fever of national bitcoin reserves

The legislator highlighted the cases of the US and Brazil, where the creation of BTC reserves is planned. For Hamada, bitcoin will soon become a “national strategic asset.” Japanese senator Satoshi Hamada presented a document to his country’s government requesting the creation of a strategic reserve of bitcoin (BTC). The document was registered officially in … Read more

“Japanese MicroStrategy” shares have risen 1,700% this year thanks to bitcoin

Metaplanet shares went from 180 yen to 3,300 yen in a matter of months. Michael Saylor, CEO of MicroStrategy, highlighted Metaplanet’s performance. Shares of the Japanese company Metaplanet have risen 1,730% in the last year, driven by its investment in bitcoin (BTC). This increase Significant is due to the adoption of a treasury strategy based … Read more

Texas joins the fever of bitcoin reserves

Texas state Congressman Giovanni Capriglione formally introduced a bill to create a strategic bitcoin (BTC) reserve, becoming the fourth state in the United States to show interest in developing its own BTC treasury. The presentation was made by Capriglione during a Space of Texas, itself one of the largest economies in the world, is moving … Read more

A bitcoin reserve for G7 and BRICS countries, predicts Dennis Porter

The arrival of Donald Trump to the White House, with his promise to create a Strategic Reserve of bitcoin (BTC), unleashed FOMO (fear of missing out), or fear of missing out, on the part of some States and nations. So much so that one of the member countries of the G7 and another of the … Read more

Adam Back recommends to Bukele what to do with El Salvador’s gold reserve

There are currently no gold mines operating in El Salvador, something that President Nayib Bukele wants to change. For this reason, in the coming days, it will send to the Legislative Assembly a request to repeal the Mining Prohibition Law in El Salvador, with the aim of beginning to carry out “responsible exploitation” of this … Read more

Bhutan sends 400 bitcoin to QCP Capital in possible profit taking

Bhutan so far holds 11,688 bitcoin, valued at $1.17 billion. Another 100 BTC were sent by Bhutan to the Binance cryptocurrency exchange. This Monday, December 9, the bitcoin (BTC) wallet linked to the Kingdom of Bhutan, in Asia, registered various large movements of money. A total of 406 BTC, equivalent to more than $40 million, … Read more

A bitcoin reserve would be positive for a few

According to Dudley, financing this project would increase the national debt or exacerbate inflation. Instead of a BTC reserve, he urged politicians to focus on regulatory frameworks. Bill Dudley, former chairman of the FED between 2009 and 2018, recently expressed concern about the proposal to create a strategic reserve of bitcoin (BTC). This was stated … Read more

Russian deputy asks the government to create a strategic bitcoin reserve

Russian State Duma deputy Anton Tkachev sent a letter to the country’s Finance Minister Anton Siluanov requesting the creation of a strategic bitcoin reserve. Tkachev proposes that this reserve be established “by analogy with state reserves in traditional currencies.” “I ask you, dear Anton Germanovich, to evaluate the feasibility of creating a strategic bitcoin reserve … Read more

US should buy 25% of bitcoin supply

The businessman suggests that the US dump its gold holdings and buy 5 million BTC. According to Saylor, this would cause Chinese, Russians and foreigners to also buy BTC. MicroStrategy President Michael Saylor suggested that the US government should sell its gold holdings and acquire 20% to 25% of the total bitcoin (BTC) supply, which … Read more