South Korea postpones decision on corporate crypto investments
The regulators focused on crypto investor protection and new stablecoin rules while postponing the question of corporate crypto trading. Source link
Corporate Bitcoin holders ‘poised to explode’: Bitwise CIO
Matt Hougan told clients that MicroStrategy’s Bitcoin roadmap represents a “bona fide megatrend” poised to propel more companies into adopting BTC as a reserve asset. Bitwise chief investment officer Matt Hougan predicts a surge in the number of corporations adding Bitcoin (BTC) to their treasuries, driven by MicroStrategy’s influence and shifting regulatory headwinds in the […]
Shareholder pokes Meta to fill corporate treasury with BTC
The allure of a corporate treasury that’s chock-full of cryptocurrency is enticing the National Center for Public Policy Research (NCPPR) yet again. This time, the group has Meta Platforms Inc. in its crosshairs. Ethan Peck, a National Center employee, submitted a Bitcoin Treasury Shareholder Proposal to Meta on behalf of his family, marking yet another […]
Bitcoin corporate treasury shareholder proposal submitted to Meta
“Due to its verifiable fixed supply, Bitcoin is the most inflation-resistant store of value available,” the proposal read. Source link
More and more companies choose Bitcoin as the prime asset for corporate reserves
On Dec. 30, 2024, an education tech company, Genius Group Ltd, bought $10 million worth of Bitcoin. The company aims to convert 90% of its funds to BTC. Lately, more and more companies around the world have chosen Bitcoin as the prime asset in the corporate treasury. Genius Group Bitcoin reserve While many countries are […]
Corporate crypto investments in South Korea inch closer to approval
South Korean regulators reportedly continue to discuss the approval of corporate crypto trading amid the country’s ongoing leadership crisis. Source link
Ramaswamy’s Strive targets Bitcoin-linked corporate bonds in new ETF plan
Vivek Ramaswamy’s Strive Asset Management plans to target Bitcoin-linked corporate bonds with its new exchange-traded fund. Strive Asset Management, an asset and wealth manager founded by Vivek Ramaswamy, plans to launch a new exchange-traded fund that will invest in bonds issued by companies to fund Bitcoin (BTC) purchases, the Financial Times reports, citing a regulatory […]
Corporate execs sell stock at record levels as Bitcoin nears 130% YTD returns
Bitcoin could reach a cycle top of over $160,000 on continued interest rate cuts and macroeconomic improvements in 2025, analysts have predicted. Source link
