Craft distilling meets Bitcoin: US distillery adopts BTC for treasury use
Heritage Distilling has adopted Bitcoin for payments and treasury, becoming the first publicly traded distiller to integrate cryptocurrency into its business model. Source link
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
Nasdaq-listed Heritage Distilling introduces Bitcoin treasury plans
Nasdaq-listed Heritage Distilling Holding Company has announced a new Bitcoin Treasury Policy Statement. The announcement outlines plans to accept Bitcoin (BTC) as payment and hold it as a strategic asset. This move positions the craft distiller as a leader in integrating cryptocurrency within the craft spirits industry. The company aims to capitalize on Bitcoin’s growing […]
Genius Group buys $5m more in Bitcoin, totaling treasury to $35m
Genius Group Limited has increased its Bitcoin Treasury to $35 million. This purchase surpassed its milestone ahead of schedule in its ongoing effort to amass $120 million in Bitcoin holdings, according to a company release. The latest purchase comes just two months after the Singapore-based, AI-powered education company announced its “Bitcoin-first” strategy in early November. […]
UK Treasury confirms crypto staking falls outside collective investment scheme regulations
Staking will not be considered a collective investment scheme in the United Kingdom, according to a recent amendment by the U.K. Treasury. U.K. Authorities have updated a section of the Financial Services and Markets Act 2000, which regulates financial markets in the U.K., to clarify that crypto staking is not a “collective investment scheme.” Staking […]
Bitcoin miner CleanSpark hits 10,000 BTC in its treasury
CleanSpark, a U.S.-listed Bitcoin miner, has surpassed 10,000 BTC in its treasury, a milestone achieved entirely through its self-mining operations. According to an announcement CleanSpark shared on Jan. 9, its Bitcoin (BTC) treasury reached 10,097 BTC, all mined through its own activities. The milestone came a day after the company revealed it had mined 668 […]
BTC miners adopted ‘treasury strategy,’ diversified business in 2024: Report
In 2024, the combined market capitalization of public Bitcoin mining companies reached $50 billion for the first time. Source link
KULR Technology Invests $21M, Totaling 430 BTC in Treasury
KULR Technology Group, Inc., a thermal energy management company, increased its Bitcoin holdings with the purchase of 213.4 BTC worth $21 million. The purchase made through Coinbase Prime fits into the corporate strategic efforts to move 90% of its cash into Bitcoin (BTC) within the newly adopted treasury strategy. As reported by blockchain analytics firm […]
Red alert for Bitcoin price as 30-year Treasury yield forms risky pattern
The long-running Bitcoin price bull run faces a major risk as U.S. Treasury yields climb to their highest levels in months. Bitcoin (BTC) has enjoyed a strong rally over the past few years, surging from its 2022 lows to a record high of $108,000 in December. The cryptocurrency has benefited from multiple tailwinds, including rising […]
KULR Technology launches Bitcoin treasury with $21M purchase
The publicly traded company is the latest to adopt a Bitcoin treasury, joining a growing number of firms adding BTC to their balance sheets. Source link
