Tag Archives: Bitcoin News

Tkachev indicates a Bitcoin reserve to ensure Russia’s financial stability. Russia’s crypto policies are evolving, including tax breaks and mining authorization. Russian State Duma Deputy Anton Tkachev has suggested that the national Bitcoin reserve be created in order to strengthen financial stability in Russia further. The deputy of the New People party proposed the initiative and sent it to Finance Minister Anton Siluanov. He suggested that Bitcoin could become an independent asset,...

Japan’s Remixpoint boosts Bitcoin holdings with a $1.38 million investment, reflecting growing confidence in cryptocurrency as a strategic reserve asset. Japan’s Remixpoint, a consulting firm in the energy and automotive sectors, has increased its Bitcoin holdings. The company purchased an additional 13.24 BTC for approximately ¥213.9 million ($1.38 million). This transaction, which occurred on December 5 and 6, makes the total purchases of Bitcoin by Remixpoint at 282.87 BTC or about 27.59...

Riot’s $500 million sale aims to increase its Bitcoin holdings. The use of convertible debt to buy Bitcoin is becoming more prevalent in company planning. Major Bitcoin infrastructure company Riot Platforms made an announcement today on its offering of $500 million convertible senior notes. The deal is available to accredited institutional investors, with an add-on purchase option of up to $75 million in three days from the primary transaction. The company would utilize the proceeds for...

MicroStrategy invests $2.1 billion in 21,550 BTC, expanding its holdings to 423,650 BTC. The company continues supporting Bitcoin as a strategic asset. MicroStrategy has made another significant move in the cryptocurrency market. The company acquired 21,550 BTC for $2.1 billion at a price of $98,783 per Bitcoin. This recent purchase has further bolstered MicroStrategy’s growing Bitcoin holdings, which now total 423,650 BTC, acquired at an average price of $60,324 per Bitcoin. By December 8,...

NCPPR suggests that Amazon dedicate 5% of its assets to Bitcoin to tackle inflation. Bitcoin’s superior performance offers a strategic opportunity for long-term value growth. The National Center for Public Policy Research has proposed that Amazon invest 5% of its total $585 billion assets in Bitcoin as a way to diversify its financial reserve. Submitted for consideration at the 2025 annual shareholders’ meeting, this proposal is proof of what Bitcoin can offer to stop inflation and enhance...

WSPN partners with Fractal to integrate its stablecoin WUSD into Bitcoin’s ecosystem, enhancing transactions, financial stability, and blockchain growth. WSPN, a global digital payments company, has partnered with Fractal, a top Bitcoin scaling solution, to expand the use of WSPN’s stablecoin, WUSD. This collaboration aims to bridge traditional finance with digital assets, enhancing Bitcoin’s role in financial transactions. The integration will place WUSD in the company’s high-performing...

El Salvador Bitcoin investment has gained over $333 million, showcasing President Bukele’s strategy despite IMF concerns and skepticism. El Salvador’s President Nayib Bukele recently shared an update on the country’s Bitcoin investments after the cryptocurrency surpassed $100,000. Bukele posted details of El Salvador’s Bitcoin holdings on X in response to a request from Autism Capital, a crypto-focused account. The post also disclosed that the country has spent about 270 million USD on...

Michael Saylor urges the US to sell gold and invest in Bitcoin to strengthen the economy and challenge gold-dependent nations. Michael Saylor, founder of MicroStrategy, has made a bold call for the US government. He urged it to sell all its gold reserves and invest in Bitcoin instead. Saylor suggested holding 20-25% of the current Bitcoin supply. He believes this move would strengthen the US’s position as the global reserve currency. Moreover, it will create challenges for countries relying...

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