Arizona is on the cusp of becoming the first state to have a government-backed bitcoin reserve. State Bill 1373, also known as the Strategic Digital Assets Reserve Bill, has cleared the Arizona House and is now one vote away from heading to Governor Katie Hobbs’ desk. The governor, however, said she will veto all the […]
Arizona’s Bitcoin Reserve Bill Might Face Veto Near Approval Read More »
Metaplanet Inc. has purchased an additional 319 bitcoin (BTC) worth around ¥3.78 billion (approximately $26.3 million) and is now one of the largest publicly traded corporate holders of the scarce digital asset. Simon Gerovich on X The company now owns 4,525 BTC and is among the top ten public bitcoin-holding firms in the world and
Metaplanet Buys 319 More Bitcoin, Eyes 10,000 BTC by End of 2025 Read More »
Two more U.S. states are joining the trend of holding bitcoin as part of their state reserves. On April 10, bitcoin reserve bills in both New Hampshire and Florida advanced, helping state-owned bitcoin reserves become a reality. Governments holding bitcoin is a growing theme across the U.S., with several states proposing to invest a portion
New Hampshire and Florida Move Forward with Bitcoin Reserve Bills Read More »
Genius Group, the Singapore-based educational technology company that adopted a bitcoin treasury plan, is facing a major financial and legal crisis after a U.S. court blocked it from raising funds, issuing shares or buying more bitcoin. That decision has inevitably forced the company to sell some of its bitcoin holdings, scale back operations and file
U.S. Court Halts Genius Group’s Bitcoin Treasury Plan Read More »
Japanese gaming firm Enish enters the world of bitcoin treasuries by buying 100 million yen (around $687,000) worth of bitcoin. That’s part of its plan to get a deeper understanding of blockchain technology and to diversify its financial assets. Enish, which has already shown off its blockchain chops with the game De:Lithe Last Memories, sees
Japanese Gaming Company Enish Invests $680,000 in Bitcoin Read More »
French tech company The Blockchain Group has just made its biggest bitcoin purchase ever. The acquisition of 580 BTC, valued at around $50 million, was announced on March 26. This latest addition brings the company’s total bitcoin holdings to 620 BTC as it cements its position as a major corporate bitcoin investor. Since November 2024,
French Blockchain Group Adds 580 BTC to its Reserves Read More »
The video game retailer, GameStop, has made a big financial move by announcing plans to put bitcoin in its corporate treasury. The board of directors gave the green light and bitcoin officially became part of the company’s long-term plan. The announcement sent the company’s stock soaring. GameStop plans to invest a portion of its corporate
GameStop Announces Bitcoin Reserve Plan, Begins with $1.3B Raise Read More »
Michael Saylor’s company, Strategy, has made another big bitcoin buy, further cementing its rank as the largest corporate holder of the scarce digital asset. The company, formerly MicroStrategy, bought 6,911 BTC for $584 million, pushing its bitcoin reserves to 506,137 BTC. This purchase was made between March 17 and 23 at an average price of
$584M Purchase Pushes Strategy’s Reserves Past 500,000 BTC Read More »
Japan’s interest in Bitcoin is growing and Value Creation, a real estate company listed on the Tokyo Stock Exchange, just purchased 8.02 bitcoin. The company paid around 100 million yen (670,000 USD) to buy the digital currency at an average price of 83,110 USD per BTC. This is a big change in how traditional Japanese
Japanese Real Estate Firm Value Creation Invests in Bitcoin Read More »
Minnesota is in the news with a new proposal that could bring bitcoin into state investments, tax payments, and even retirement plans. State Senator Jeremy Miller introduced the “Minnesota Bitcoin Act,” a bill that would allow the state to invest in bitcoin just like traditional assets. Senator Miller’s journey with Bitcoin has been a wild
Minnesota Senator Proposes Bitcoin Act Read More »
