Mike Crosbie, COO at B HODL, writes that success for a Bitcoin treasury company is defined by growing Sats per Share, not its fiat share price.
Analysts say MSCI’s review of Bitcoin-heavy companies may have been a key factor behind the sharp market drop on October 10th.
Texas bought $5 million of Bitcoin through BlackRock’s IBIT ETF as its first step toward a state Strategic Bitcoin Reserve.
Tether has invested in Parfin to expand institutional use of USD₮ and support blockchain-based financial infrastructure in Latin America.
New Hampshire approved a $100 million Bitcoin-backed municipal bond, the first government use of this collateral model.
Tether invested in Ledn to expand Bitcoin-backed lending and increase access to credit.
B HODL bought two more Bitcoin, raising its holdings to 155.039 Bitcoin, with support from Blockstream CEO Adam Back.
Strategy acquired 8,178 Bitcoin for roughly $835 million, bringing its total holdings to 649,870 Bitcoin.
