Tether names Simon McWilliams as CFO to oversee a full audit, with Giancarlo Devasini becoming Chairman.
Strategy raised $2 billion through 0% convertible notes to acquire 20,356 Bitcoin, nearing 500,000 Bitcoin amid mixed market reactions.
Mexican billionaire Ricardo Salinas now holds 70% of his portfolio in Bitcoin, citing its fixed supply and long-term value.
Altvest Capital is investing in Bitcoin as a reserve asset and hedge against currency depreciation.
Bybit reported a $1.4 billion crypto theft but assured users of secure cold wallets and full asset backing.
Strategy is raising $2 billion through a convertible note offering, primarily for corporate use and potential Bitcoin acquisitions.
Major institutions are amassing billions in Bitcoin ETFs, signaling accelerating institutional adoption and a financial shift.
Tether rejected JPMorgan’s Bitcoin sale claims, citing strong reserves and ongoing regulatory discussions.
