Genius Group has announced a $33 million rights offering. The company will use net proceeds from the sale to buy Bitcoin. Genius Group holds $35 million in BTC and could see holdings rise to $86 million with plans for additional $20 million loan. Publicly-listed artificial
Bulls remain in control of the broader cryptocurrency market as investors’ optimism remains pegged on crypto-friendly policy measures, heightened adoption of these digital assets, and central banks’ strategic reserves. Even so, crypto majors have largely stalled in the absence of an immediate catalyst. Amid the
Oklahoma joins Texas, Pennsylvania, Ohio, New Hampshire, and North Dakota in having Bitcoin reserve proposals State savings accounts and pension funds will have the nod to invest in BTC if the bill passes Oklahoma is the latest US state to eye a strategic Bitcoin reserve
The Bitcoin Freedom Act lets Oklahomans accept their wages in Bitcoin Oklahoma State Senator Deevers said Washington is “ruining the US dollar” The Bitcoin Freedom Act is eligible for consideration in the 60th legislative session beginning on February 3 Oklahoma State Senator Dusty Deevers has
Ethereum ETFs inflows are outdoing Bitcoin ETF inflows. BlackRock’s iShares Ethereum Trust (ETHA) ETF leads with a $89.51M inflow on Dec 23, 2024. This Market shift may signal an altcoin season in 2025. In a surprising turn of events in the cryptocurrency market, Ethereum spot
The $21 million BTC purchase follows the KULR’s announcement on Dec. 4. Other companies to launch a Bitcoin treasury strategy in recent weeks include Rumble, Marathon Digital, Semler Scientific and Thumzup. MicroStrategy is the biggest corporate holder of Bitcoin with over 444k BTC KULR Technology
The Bitwise Bitcoin Standard Corporations ETF would invest in businesses that “hold at least 1,000 Bitcoin” Companies need to have a market capitalization of at least $100 million to be included in Bitwise’s proposed ETF KULR Technology Group started its Bitcoin Treasury strategy with the
Michael Saylor, founder of MicroStrategy, has shared the company’s Bitcoin tracker on X. The market expects an annoncement that the company has acquired another chunk of BTC. Bitcoin price hovered near $94,800 at the time of Saylor’s post on Dec. 29 MicroStrategy founder Michael Saylor