Tag Archives: Bitcoin News

MicroStrategy increases Bitcoin holdings with a $1.5B purchase, bringing total to 439,000 BTC, reinforcing its dominant position. MicroStrategy has made another major Bitcoin acquisition. The company purchased 15,350 BTC for $1.5 billion on 16 December. This marks the first time MicroStrategy has bought Bitcoin above $100,000 per coin. The average price paid for a Bitcoin was $100,386. MicroStrategy now owns 439,000 BTC after this latest buy. The total value of its holdings is about $27.1...

Bitget receives Bitcoin Service Provider license in El Salvador, expanding its services and regional growth in Latin America and Europe. Bitget, a leading cryptocurrency exchange, has received major approval in El Salvador. The Central Reserve Bank granted the platform a Bitcoin Service Provider (BSP) license. This license enables Bitget to conduct activities like exchanging Bitcoin for fiat currencies and providing payment services and custody services. According to the blog post, this step...

Riot Platforms boosts its Bitcoin holdings by purchasing 5,117 BTC for $510 million, reflecting growing institutional confidence in Bitcoin. Bitcoin mining company Riot Platforms has made a major acquisition, purchasing 5,117 bitcoins between December 10 and December 12, 2024. The average price of the Bitcoins was $99,669, which led to the total cost of the purchase of about $510 million. Therefore, the overall number of bitcoins Riot has accumulated has risen to 16,728 as of December 12,...

NuDEX’s testnet competition allows the chance to win $5,000. The platform’s new technology makes trading faster and keeps it private. On 10th December, Bitcoin was falling back to around $94,000 after briefly going above $100,000. The world is seeing the wild changes in the crypto markets. Though most are of the view that it is just a slight hiatus before the subsequent surge of Bitcoin, some argue that it is the right time. They actually feel good about the market. For instance, in 2025,...

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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...