According to filings, JP Morgan reported holding 5,284,190 shares of IBIT, valued at $343 million as of September 30. JPMorgan disclosed a sharp increase in its holdings of the Bitcoin ETF IBIT, signaling rising institutional interest in cryptocurrency exposure. According to 13F filings, the bank reported holding 5,284,190 shares of IBIT, […]
Bitwise CIO Matt Hougan sees the crypto market nearing a bottom amid retail exhaustion, while Senator Cynthia Lummis urges U.S. banks to integrate digital assets into the financial system. Bitwise CIO Matt Hougan says the crypto market may be nearing a turning point as retail exhaustion deepens and institutional demand […]
Switzerland-based FUTURE raised CHF 28 million to expand as Europe’s leading institutional Bitcoin treasury platform, backed by investors Fulgur Ventures, Nakamoto and TOBAM. The international Bitcoin ecosystem just got another major player. FUTURE (Future Holdings AG), a self-described “Bitcoin Treasury Company,” has raised CHF 28 million in a new funding […]
Getting close to two decades after the Bitcoin Whitepaper was published by Satoshi Nakamoto, how much bearing does the document have at this point? Today marks seventeen years since Satoshi Nakamoto’s publication of the Bitcoin Whitepaper on the cryptography mailing list in 2008. Back then Bitcoin was nothing more than […]
Steak ’n Shake is making history as the first major restaurant to create a Strategic Bitcoin Reserve, adding all Bitcoin payments to its SBR and taking a bold step into cryptocurrency adoption. Steak ’n Shake is making history as the first major restaurant to establish a Strategic Bitcoin Reserve. All […]
SoFi reaffirmed its plans to launch Bitcoin and crypto trading later this year. SoFi Technologies (NASDAQ: SOFI) raised its full-year profit forecast on Tuesday after reporting record third-quarter results that beat Wall Street expectations, driven by fee revenue and more user growth across its financial products. CEO Anthony Noto said […]
The AfD submitted a motion last week urging the federal government to start adding Bitcoin to its long-term reserves. Germany’s Alternative for Germany (AfD) party has introduced a proposal to create a national Bitcoin reserve. The initiative marks a potential turning point for Europe’s largest economy, which only a year […]
France’s center-right UDR party, led by Éric Ciotti, is introducing its first comprehensive crypto bill to create a national Bitcoin Strategic Reserve, aiming to acquire up to 2% of Bitcoin’s supply (≈420,000 BTC) over seven to eight years to strengthen financial sovereignty. A pro-crypto bill will be tabled today in […]
Moon Inc. is rolling out a Bitcoin prepaid card in Thailand and South Korea, with more Asia expansion coming. Moon Inc. (HKEX: 1723) has raised about US$8.8 million to launch a Bitcoin prepaid card in Thailand and South Korea, with plans to expand across Asia. The company, a leader in […]
A deep dive into the three strategic models emerging in corporate Bitcoin treasury companies, from pure-play credit issuers to hybrid operators, based on Michael Saylor’s latest thinking. As Bitcoin becomes a strategic asset class in public markets, a new class of corporate entity is emerging: the Bitcoin treasury company. These […]