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Business
Metaplanet Inc. (TSE Standard: 3350), a publicly traded company in Japan, has announced an increase in its Bitcoin holdings. During a recent board of directors meeting, the company decided to purchase an additional ¥250 million worth of Bitcoin, equivalent to approximately $1.6 million USD. The company has outlined its
Semler Scientific, Inc., a publicly traded company known for its healthcare solutions targeting chronic diseases, has announced a new treasury strategy. The company's board of directors has decided to adopt Bitcoin as its primary treasury reserve asset and has purchased 581 Bitcoin for a total of $40 million,
The New York Stock Exchange (NYSE) has revealed plans to introduce financial products linked to Bitcoin's spot price. The NYSE is teaming up with CoinDesk Indices to create cash-settled index options that will monitor the CoinDesk Bitcoin Price Index (XBX). The XBX, which provides a real-time spot price
Bitcoin • Business • May 29, 2024The New York Stock Exchange (NYSE) has revealed plans to introduce financial products linked to Bitcoin's spot price. The NYSE is teaming up with CoinDesk Indices to create cash-settled index options that will monitor the CoinDesk Bitcoin Price Index (XBX). The XBX, which provides a real-time spot price
Bitcoin • Business • May 29, 2024Metaplanet Inc. (TSE Standard: 3350), a publicly traded company in Japan, has announced an increase in its Bitcoin holdings. During a recent board of directors meeting, the company decided to purchase an additional ¥250 million worth of Bitcoin, equivalent to approximately $1.6 million USD. The company has outlined its
Bitcoin • Business • May 28, 2024Semler Scientific, Inc., a publicly traded company known for its healthcare solutions targeting chronic diseases, has announced a new treasury strategy. The company's board of directors has decided to adopt Bitcoin as its primary treasury reserve asset and has purchased 581 Bitcoin for a total of $40 million,
Bitcoin • Business • May 28, 2024The first Bitcoin exchange-traded products (ETPs) have started trading on the London Stock Exchange (LSE) after receiving approval from the UK's Financial Conduct Authority (FCA). Asset managers WisdomTree and 21Shares both listed Bitcoin ETPs on the LSE. Last week, the FCA authorized the listing of Bitcoin ETNs on
Bitcoin • Markets • May 28, 2024The UK's Financial Conduct Authority (FCA) has approved WisdomTree’s application to list Bitcoin and Ethereum exchange-traded products (ETPs) on the London Stock Exchange (LSE). WisdomTree's Physical Bitcoin ETPs are scheduled to start trading on May 28th and will initially be accessible only to professional investors.
Bitcoin • News • May 22, 2024Recent 13F SEC filings have unveiled that several major U.S. financial institutions are committing significant funds to Bitcoin through spot ETFs. These filings, which disclose the holdings of institutional investors with over $100 million allocated, have drawn considerable attention. Following the SEC's approval of several spot Bitcoin
Bitcoin • Markets • May 17, 2024According to a Financial Times report, The Chicago Mercantile Exchange (CME), the world's largest futures exchange, plans to offer spot Bitcoin trading on its platform. This initiative would provide hedge funds and institutional traders with a regulated venue for Bitcoin trading. CME is already a leader in Bitcoin
Bitcoin • Business • May 16, 2024Millennium Management, an investment management company, has disclosed holdings of nearly $2 billion in spot Bitcoin ETFs through an SEC 13F-HR institutional investment manager holdings report filed today. This disclosure highlights the growing interest and investment in Bitcoin ETFs by major institutional players. The firm reported owning a combined total
Bitcoin • Business • May 16, 2024