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US companies forecast to buy $10.3B in Bitcoin over next 18 months — Report
6.9.2024
The report claimed, a cash treasury “supplemented with a 3% allocation to Bitcoin” would have shielded companies from inflation since 2020
Medical Data Company OneMedNet Latest to Pursue Bitcoin Treasury Strategy After Capital Raise
8.8.2024
OneMedNet (ONMD) late last month raised $4.6 million in a private placement and used $1.8 million of the proceeds to purchase bitcoin, according to a press release. Among the investors was Off The Chain Capital, a crypto investment fund
Michael Saylor: US Government Should Own Majority of Bitcoin in the World
27.7.2024
Michael Saylor, executive chairman of Microstrategy, believes the U.S. government should hold the majority of the world’s bitcoin, arguing this would strengthen the U.S. dollar. Drawing parallels to historic acquisitions, he views bitcoin as a critical asset for the future. Saylor...
Tokyo Stock Exchange-Listed Metaplanet Completes 1 Billion Yen Bitcoin Purchase
24.7.2024
Metaplanet Inc. announced on July 22 the purchase of an additional 200 million yen worth of bitcoin, amounting to 20.381 BTC. This latest acquisition completes the company’s 1 billion yen ($6.4 million) bitcoin purchase plan, which was initially disclosed on June 24. With this final...
Leading BTM Operator, Bitcoin Depot, Will Add Bitcoin to Its Treasury Reserves
19.7.2024
Bitcoin Depot, a company that operates more than 7,400 bitcoin ATMs in the U.S., has announced that it will allocate part of its cash reserves to build a bitcoin treasury, following the footsteps of companies like Microstrategy. According to its CEO, Brandon Mintz, this move will allow company...
Japanese public firm Metaplanet buys another $2.5M of Bitcoin
8.7.2024
After completing the latest purchase, Metaplanet holds 203,734 BTC bought at an average price of around $62,000 per coin
Tokyo Stock Exchange-Listed Metaplanet Boosts Bitcoin Holdings
1.7.2024
Metaplanet, listed on the Tokyo Stock Exchange under the ticker 3350, announced on July 1 that it has made an additional bitcoin purchase. Following the company’s disclosure on June 24 about plans to acquire BTC worth 1 billion yen ($6.2 million), Metaplanet has initiated the purchase with...
Metaplanet Directors Approve BTC Acquisition Plan; Company’s Stock up by Nearly 500% YTD
24.6.2024
The directors of Tokyo-based investment and consulting firm Metaplanet Inc. have approved the company’s proposal to purchase Bitcoin worth $6.25 million using bond proceeds. Metaplanet clarified that the acquired cryptocurrency will be recorded at its acquisition cost for long-term holdings....
Microstrategy Increases Bitcoin Portfolio to 226,331 BTC After Latest Purchase
20.6.2024
Nasdaq-listed Microstrategy has acquired 11,931 more bitcoins for $786 million, raising its total cryptocurrency holdings to 226,331 bitcoins, valued at $8.33 billion with an average purchase price of $36,798 per coin. The acquisition was funded through proceeds from a private offering...
Japanese Corporation Metaplanet Acquires More Bitcoin, Stock Price Soars
12.6.2024
Metaplanet, a publicly traded corporation on the Tokyo Stock Exchange, has announced an investment of 23.351 bitcoins, with an average purchase price of 10,706,180 yen per BTC, totaling 250 million yen ($1.6 million). The company now holds 141.0727 bitcoins, with an average purchase price...
DeFi Technologies adopts Bitcoin treasury strategy
10.6.2024
The publicly listed Canadian company announced the purchase of 110 BTC and repayment of $5 million in debt by its subsidiary, Valour
Semler Scientific Expands Bitcoin Holdings, Acquires 247 More BTC
7.6.2024
Semler Scientific Inc. (Nasdaq: SMLR), a developer of medical technology aimed at fighting chronic diseases, has expanded its bitcoin portfolio by acquiring an additional 247 bitcoins for $17 million, inclusive of fees and expenses. As of June 6, the company’s total bitcoin holdings stood...
Semler Scientific now holds 828 Bitcoin and has $150M plan to buy more
7.6.2024
The medical manufacturer now holds 828 BTC and says it will “continue to pursue our strategy of purchasing Bitcoins with cash.”
Semler Scientific shares up 30% after adopting Bitcoin as treasury reserve
28.5.2024
As part of the new treasury strategy, Semler Scientific purchased 581 Bitcoin for $40 million
El Salvador Launches Treasury Holdings Site, Confirms Daily Bitcoin Purchases
14.5.2024
The Bitcoin Office of El Salvador (ONBTC) has launched a site that allows anyone to confirm the treasury holdings of the country, offering a large degree of transparency in its finances. The site, composed as a custom instance of mempool space, a popular block explorer, confirms that the country...
El Salvador Launches Bitcoin Treasury Website For its $360 Million BTC Reserves
13.5.2024
El Salvador, renowned for its move to adopt Bitcoin as legal tender in September 2021, has now introduced a cutting-edge online platform for tracking its Bitcoin Treasury.
The post El Salvador Launches Bitcoin Treasury Website For its $360 Million BTC Reserves appeared first on Cryptonews
El Salvador launches $360M Bitcoin Treasury monitoring website
13.5.2024
El Salvador was the first country to adopt Bitcoin as legal tender back in 2021 and now holds over 5,700 BTC
El Salvador Enhances Bitcoin Treasury Transparency With Launch of Dedicated Mempool Space
13.5.2024
In a significant move towards transparency, El Salvador’s National Bitcoin Office (ONBTC) has announced the launch of its own mempool space. This development allows anyone to view the country’s bitcoin treasury holdings. The initiative is supported by Mempool, which revealed it...
Block Is Buying Bitcoin Every Month for Its Balance Sheet
4.5.2024
Block Inc. has announced its strategy of regularly purchasing bitcoin for its corporate balance sheet via dollar-cost averaging (DCA). The company plans to allocate 10% of its monthly gross profit from bitcoin products towards investments in the cryptocurrency. “We view bitcoin as...
Microstrategy Expands Bitcoin Holdings: Acquires 9,245 BTC After Successful Convertible Note Sale
19.3.2024
On Tuesday, the business intelligence firm Microstrategy announced it completed a $603.75 million offering of convertible senior notes due 2031. After the announcement, Microstrategy’s founder Michael Saylor announced the company acquired 9,245 bitcoin for $623 million using the proceeds...