Michael Saylor tells Microsoft it’s value could soar $5T with Bitcoin
MicroStrategy’s Michael Saylor gave Microsoft a three-minute, 44-slide pitch on why it should spend $100 billion a year to buy Bitcoin. Source link
Japan crypto exchange DMM Bitcoin is set to liquidate
DMM Bitcoin, which suffered a private key hack in May that caused a loss of $320 million in Bitcoin, is ceasing efforts to revamp operations. Source link
Hong Kong gaming firm swaps $49M Ether in treasury for Bitcoin
With the latest acquisition, Boyaa Interactive has 3,183 Bitcoin in its stash, up from 2,635 at the end of September. Source link
Bitcoin price weakens, but BTC derivatives remain healthy
Bitcoin derivatives reflect traders’ confidence in the market and suggest the current price action is just a consolidation phase. Source link
MARA Holdings acquired over $600M Bitcoin in the last two months
MARA Holdings urged the US government to be more aggressive in securing positions in Bitcoin and Bitcoin mining. Source link
US Bitcoin reserve is possible to achieve but not without downsides
Government participation in crypto hasn’t always had great outcomes for the space, with the SEC under the Biden administration causing plenty of headaches for firms. Source link
Bitcoin jumps 2% on MicroStrategy buy with $100K BTC price in focus
An unusual BTC price reaction to MicroStrategy’s latest confirmation of increased BTC exposure accompanies the week’s first Wall Street open. Source link
Genius Group adds $1.8m to Bitcoin Treasury, now holds 172 BTC
Genius Group Limited, an education and AI firm based in Singapore, has expanded its Bitcoin-focused strategy by acquiring an additional $1.8 million worth of Bitcoin. This acquisition brings the company’s total holdings to 172 Bitcoin (BTC), valued at $15.8 million, with an average purchase price of $92,006 per Bitcoin, according to a company press release. […]
MicroStrategy purchased $1.5B in Bitcoin last week
MicroStrategy announced that it bought 15,400 Bitcoin for $1.5 billion between Nov. 25 and Dec. 1. Source link
Bitcoin ETFs hit $6.4B inflows in November amid record BTC rally
US-based spot Bitcoin ETFs saw $6.46 billion inflows in November, led by BlackRock, as BTC recorded a 45% price rally. Source link
