MicroStrategy Bitcoin Holdings Reach $26 Billion

November 18, 2024 at 04:55 AM GST updated: November 18, 2024 at 04:44 AM 2 mins read News MicroStrategy’s Bitcoin holdings now total $26 billion, surpassing global corporate cash reserves.   The company’s stock has surged 2,500% since accumulating Bitcoin in 2020.   MicroStrategy plans to raise $42 billion for continued Bitcoin purchases over three years.  MicroStrategy,…

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Metaplanet Adds ¥1 Billion in Bitcoin as Part of Aggressive 2024 Investment Strategy

October 11, 2024 at 11:45 AM GST updated: October 11, 2024 at 11:21 AM 2 mins read News Metaplanet strengthens its Bitcoin strategy by acquiring an additional 108.999 BTC, worth ¥1 billion. The company leverages favorable yen conditions to expand its cryptocurrency holdings, targeting ¥10 billion by 2024. Metaplanet’s sophisticated approach includes selling put options…

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Bhutan’s $750M Bitcoin Holdings Revealed on Arkham, Powered by Mining Operations

September 17, 2024 at 04:28 PM GST updated: September 17, 2024 at 03:57 PM 2 mins read News Bhutan holds 13,011 BTC worth $750M, becoming the fourth-largest government Bitcoin holder through eco-friendly mining. Bhutan’s Druk Holdings ramps up Bitcoin mining using hydropower, expanding capacity to 500MW by 2025 through Bitdeer partnership. Unlike the US and…

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