NEW: 🇯🇵 Japanese crypto exchange DMM Bitcoin to cease operations following a $300M hack in May❗️
Not your keys not your coins.
JUST IN: 🟠 “There is a pretty low supply of #Bitcoin available over the counter, so you have a supply shortage and if demand makes a move above $100,000 I think there’d be a big chase”
- Fundstrat's Tom Lee
🟠 Michael Saylor gives presentation to the Microsoft Board of Directors and CEO Satya Nadella on a #Bitcoin Strategy 👀
Читать полностью…JUST IN: 🟠 MicroStrategy acquires 15,400 BTC for $1.5 billion 🔥
They now HODL 402,100 BTC acquired for $23.4 billion at $58,263 per bitcoin.
The 40-year bull market in bonds is over.
Portfolios that shift from bonds to Bitcoin in the years ahead will be the decisive winners.
Sats flow > cash flow
The challenge of generating positive Bitcoin-denominated profits will transform institutional investing, as Bitcoin becomes increasingly scarce over time.
ICYMI: 🇷🇺 Russia just passed a new law recognizing digital currency as property in amendments to Russia’s Tax Code.
Russia's Sovereign Wealth Fund is also investing in Bitcoin mining throughout BRICS countries with the goal of settling global trade in Bitcoin.
NEW: 🟠 Long-term #Bitcoin holders have sold 507K BTC since September, just over half of the 934K BTC sold during the March 2024 rally.
Читать полностью…Bern to study Bitcoin mining for unused energy and grid stability 🇨🇭
Co-sponsored by: Simon Ryser, Korab Rashiti, Mathias Mueller, Philipp Kohli, and Samuel Kullmann.
Education efforts by Dennis Porter & Julian Liniger 👏
📰 https://btctimes.com/canton-of-bern-parliament-approves-study-on-bitcoin-mining-and-energy-grid-stabilization/
📣 https://x.com/btc/status/1862616934589607974
NEW: 🇨🇳 Chinese gaming giant Boyaa Interactive overtakes 🇯🇵 Japan's Metaplanet as Asia's largest corporate #Bitcoin holder after converting 💵 $49.5M worth of Ethereum into BTC.
Читать полностью…NEW: 🇨🇳 Shares of Chinese #Bitcoin miner SOS Ltd. surge 40%+ after announcing purchase of $50M worth of Bitcoin as a store of value 🔥
The company will deploy trading strategies to maximize returns and hedge against market volatility.
🚨 MicroStrategy buys 15,400 BTC for $1.5B, boosting holdings to 402,100 BTC (~$38.4B). Saylor urges Microsoft to adopt Bitcoin, claiming it could add $5T to their market cap. 🚀
📰 https://btctimes.com/microstrategy-acquires-1-5-billion-in-bitcoin-as-saylor-advocates-for-microsofts-adoption/
📣 https://x.com/btc/status/1863668819043987525
JUST IN: 🟠 BlackRock says "professional investors may revisit #Bitcoin as rates decline." 👀
Читать полностью…NEW: 🇧🇹 The amount of Bitcoin Bhutan has mined using renewable energy is equal to one-third of the country’s GDP 🙌
Читать полностью…BITCOIN HISTORY: 🟠 Throwback clip of Vitalik Buterin in 2012. Long before he got the idea to make his own... shitcoin 💩
Читать полностью…NEW: 🟠 In an interview with Anthony Scaramucci, Tom Lee predicted that #Bitcoin will trade at a price of $250,000 in one year 🐂
Читать полностью…BRIAN ARMSTRONG: 🇺🇸 Bitcoin is a check and balance on irresponsible deficit spending and can extend the American experiment for a couple hundred more years 🤔
Читать полностью…🟠 Michael Saylor outlines the path for MicroStrategy becoming a TRILLION DOLLAR company.
“I think it's infinitely scalable. I don't have any problem seeing how we could raise $100bn more capital and then $200bn after that."
📈 Boyaa Interactive swaps 14,200 ETH for 515 BTC, boosting reserves to 3,183 BTC. A $49.48M move signaling the institutional pivot to Bitcoin. 📈
📰 https://btctimes.com/boyaa-interactive-converts-ethereum-to-bitcoin-in-strategic-reallocation/
📣 https://x.com/btc/status/1862548925585965299
JOE CONSORTI: 🟠 "One day after my last chart, bitcoin is now $5,000 lower, following the path set by global M2 several weeks ago very closely.
So far, this correlation is shockingly accurate.
We'll have to see if BTC follows it all the way down, or stops short & finds support."
NEW: 🇬🇧 Former UK Minister John Baker has been approved by an advisory committee to take up a paid advisory role at #Bitcoin-native venture capital firm Axiom.
The committee found no conflicts of interest and advised Baker to adhere to the "7 Principles of Public Life."