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El Salvador’s Bitcoin Holdings Surpass $400 Million
El Salvador’s Bitcoin Holdings Surpass $400 Million
News  •  Bitcoin  •  Mar 26, 2024 by Deniz Saat

El Salvador became the first nation to declare Bitcoin as legal tender and to integrate a Bitcoin strategy into its national treasury, resulting in an accumulation of over $400 million in Bitcoin holdings. Under the leadership of President Nayib Bukele, legislation was enacted in 2021 to legitimize Bitcoin as legal

London Stock Exchange to Launch Bitcoin ETN Trading Platform in May
London Stock Exchange to Launch Bitcoin ETN Trading Platform in May
News  •  Bitcoin  •  Mar 25, 2024 by Deniz Saat

The London Stock Exchange has announced the opening of its application window for Bitcoin Crypto Exchange-Traded Notes (ETNs) on April 8th, 2024.  This move comes after a previous announcement on March 11th, where the Exchange expressed its plans to permit the trading of Crypto ETNs within the second quarter of

CEO of BlackRock Expresses Strong Long-Term Optimism for Bitcoin
CEO of BlackRock Expresses Strong Long-Term Optimism for Bitcoin

Today on Fox Business, BlackRock CEO Larry Fink expressed optimism about Bitcoin, noting that their spot Bitcoin ETF, $IBIT, is witnessing unparalleled growth, setting a record as the fastest-growing ETF in history. https://twitter.com/BTC_Archive/status/1773074844285829601 "I'm very bullish on the long term viability

News  •  Bitcoin  •  Mar 27, 2024
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CEO of BlackRock Expresses Strong Long-Term Optimism for Bitcoin
CEO of BlackRock Expresses Strong Long-Term Optimism for Bitcoin

Today on Fox Business, BlackRock CEO Larry Fink expressed optimism about Bitcoin, noting that their spot Bitcoin ETF, $IBIT, is witnessing unparalleled growth, setting a record as the fastest-growing ETF in history. https://twitter.com/BTC_Archive/status/1773074844285829601 "I'm very bullish on the long term viability

News  •  Bitcoin  •  Mar 27, 2024
El Salvador’s Bitcoin Holdings Surpass $400 Million
El Salvador’s Bitcoin Holdings Surpass $400 Million

El Salvador became the first nation to declare Bitcoin as legal tender and to integrate a Bitcoin strategy into its national treasury, resulting in an accumulation of over $400 million in Bitcoin holdings. Under the leadership of President Nayib Bukele, legislation was enacted in 2021 to legitimize Bitcoin as legal

News  •  Bitcoin  •  Mar 26, 2024
London Stock Exchange to Launch Bitcoin ETN Trading Platform in May
London Stock Exchange to Launch Bitcoin ETN Trading Platform in May

The London Stock Exchange has announced the opening of its application window for Bitcoin Crypto Exchange-Traded Notes (ETNs) on April 8th, 2024.  This move comes after a previous announcement on March 11th, where the Exchange expressed its plans to permit the trading of Crypto ETNs within the second quarter of

News  •  Bitcoin  •  Mar 25, 2024
14 Bitcoin Projects Receive $500,000 from Human Rights Foundation
14 Bitcoin Projects Receive $500,000 from Human Rights Foundation

The Human Rights Foundation (HRF) recently disclosed its latest allocation of Bitcoin Development Fund grants.  A total of $500,000 has been allocated to 14 projects across the globe. These projects are aimed at enhancing global education, advancing the Lightning Network, fostering decentralized communications, and facilitating access to financial tools

News  •  Bitcoin  •  Mar 20, 2024
Japan's Government Pension Fund Considers Diversifying into Bitcoin
Japan's Government Pension Fund Considers Diversifying into Bitcoin

Japan's Government Pension Investment Fund (GPIF), which oversees more than $1.5 trillion in assets, has announced plans to explore the possibility of diversifying part of its portfolio into Bitcoin, among other assets.  This move is part of a broader strategy to assess a variety of illiquid alternative

News  •  Bitcoin  •  Mar 19, 2024
MicroStrategy Buys 9,200 Bitcoin for $620M, Owning 1% of Total Supply
MicroStrategy Buys 9,200 Bitcoin for $620M, Owning 1% of Total Supply

MicroStrategy has recently increased its Bitcoin holdings, revealing the acquisition of approximately 9,245 Bitcoin, purchased for about $623 million.  https://twitter.com/saylor/status/1770061111146033385 The Bitcoin was funded by the proceeds from a convertible senior notes offering and surplus cash from the company, with an average purchase price

News  •  Bitcoin  •  Mar 19, 2024
El Salvador Transfers Bitcoin Holdings to Secure Cold Storage Vault
El Salvador Transfers Bitcoin Holdings to Secure Cold Storage Vault

El Salvador has recently taken significant steps to assert direct control over a large portion of its Bitcoin reserves, a move that commenced on March 14th, 2024, by transferring substantial Bitcoin holdings to cold storage within the nation.  https://twitter.com/nayibbukele/status/1768425845163503738 This transition, which follows the implementation

News  •  Bitcoin  •  Mar 18, 2024
MicroStrategy Boosts Convertible Loan to $525M for Additional Bitcoin Purchases
MicroStrategy Boosts Convertible Loan to $525M for Additional Bitcoin Purchases

MicroStrategy has increased its planned offering of convertible senior notes from $500 million to $525 million. The company aims to use the proceeds from this offering to purchase additional Bitcoin, continuing a strategy initiated in 2020. The company has successfully priced the convertible senior notes, which are due in 2031,

News  •  Bitcoin  •  Mar 15, 2024
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