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The BTC Times delivers quality reporting of the Bitcoin news you care about, covers stories that others don't, and addresses bad takes in mainstream media. www.btctimes.com
🚀 MicroStrategy continues its Bitcoin buying spree, acquiring 5,262 BTC for $561M at a record $106,662 per coin, bringing its total holdings to 444,262 BTC. 🚀
📰 https://btctimes.com/microstrategy-acquires-5-262-bitcoin-at-record-average-price-of-106k/
📣 https://x.com/btc/status/1871248742176653364
🇸🇻 El Salvador adds 11 Bitcoin to its reserves just after a $1.4B IMF deal limiting government Bitcoin activities. Total holdings now 5,980.77 BTC (~$580M). 📈
📰 https://btctimes.com/el-salvador-acquires-11-bitcoin-following-imf-agreement/
📣 https://x.com/btc/status/1870180264074256662
Mt. Gox moves $172M (1,619 BTC) to unknown wallets as Bitcoin hits $108K. Mt. Gox still holds 37,700 BTC (~$4B). Market remains stable. 🚀
📰 https://btctimes.com/mt-gox-transfers-172m-in-bitcoin-to-new-wallets/
📣 https://x.com/btc/status/1869142462356234336
🚨 MicroStrategy buys 15,350 Bitcoin for $1.5B, raising holdings to 439,000 BTC ($45.6B)! As MSTR joins the Nasdaq-100, Michael Saylor doubles down on Bitcoin confidence. 📈
📰 https://btctimes.com/microstrategy-invests-1-5-billion-expanding-holdings-to-439-000-bitcoin/
📣 https://x.com/btc/status/1868726187784106301
Texas Rep. Giovanni Capriglione proposes a taxpayer-free Strategic Bitcoin Reserve with secure storage and transparent audits 🇺🇸
📰 https://btctimes.com/texas-lawmaker-proposes-strategic-bitcoin-reserve/
📣 https://x.com/btc/status/1867284691503419880
🚀 Ray Dalio recommends Bitcoin as a hedge against rising debt and economic uncertainty. 'I want to steer away from debt assets like bonds,' he said at Abu Dhabi Finance Week.
📰 https://btctimes.com/bridgewaters-ray-dalio-recommends-bitcoin-to-hedge-against-debt-crises/
📣 https://x.com/btc/status/1866931632206213217
Hijacking Bitcoin by Roger Ver
Abridged Video Version
https://youtu.be/ETp7oyzDbmo
🚀 Bitcoin has done it! On Dec 5th, 2024, BTC surpassed $100K for the first time, proving its resilience and adoption. 🚀 🚀 🚀
📰 https://btctimes.com/bitcoin-surpasses-100k-in-a-historic-milestone/
📣 https://x.com/btc/status/1864550418677723443
🚨 The U.S. Government just moved $1.9B in seized Silk Road Bitcoin (19,800 BTC) to Coinbase Prime. Motives unknown—liquidation? Strategic reserve? 👀
📰 https://btctimes.com/u-s-government-transfers-1-9-billion-in-seized-bitcoin-to-coinbase-prime/
📣 https://x.com/btc/status/1863738824326590824
🚨 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
📈 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
🇧🇷 Brazil proposes RESBit: a Bitcoin reserve to strengthen its financial system, back its CBDC (Drex), and reduce risks. Up to 5% of sovereign reserves could go to BTC 👀
📰 https://btctimes.com/brazilian-lawmakers-propose-sovereign-bitcoin-reserve/
📣 https://x.com/btc/status/1861591881123029277
🚨 MicroStrategy adds 55,000 BTC for $5.4B, boosting its total to 386,700 Bitcoin ($21.9B invested). Avg cost: $56,761/BTC. 📈
📰 https://btctimes.com/microstrategy-purchases-an-additional-5-4-billion-worth-of-bitcoin/
📣 https://x.com/btc/status/1861163792500981932
📈 Tether invests $775M in Rumble to challenge YouTube’s dominance. Rumble stock surges 51% post-announcement. Full details from Chris Pavlovski and Paolo Ardoino:
📰 https://btctimes.com/tether-invests-775m-in-rumble-to-challenge-youtube/
📣 https://x.com/btc/status/1870610817176977447
🚀 MARA acquires $1.5B in Bitcoin, boosting reserves to 44,394 BTC worth $4.45B, funded by convertible notes. 🚀
📰 https://btctimes.com/mara-acquires-1-5-billion-in-bitcoin-through-convertible-notes/
📣 https://x.com/btc/status/1869838073254608941
🚀 Semler Scientific adds 211 BTC at $101,890 each, now holding 2,084 BTC. Backed by $21.5M from cash flow & ATM sales, their Bitcoin strategy shows a 92.8% yield. 🚀
📰 https://btctimes.com/semler-scientific-purchases-another-211-bitcoin-increasing-holdings-beyond-2-000-bitcoin/
📣 https://x.com/btc/status/1868745582744948966
🚨 Riot Platforms buys 5,117 Bitcoin for $510M, funded by convertible notes, at ~$99,669/BTC. Total holdings: 16,728 BTC 👏
📰 https://btctimes.com/riot-platforms-acquires-5-117-bitcoin-using-proceeds-from-convertible-senior-notes/
📣 https://x.com/btc/status/1867598291396870168
🚨 BlackRock recommends a 1-2% Bitcoin allocation for diversification as Bitcoin surpasses $100K.
A little low, don’t you think? 😂
📰 https://btctimes.com/blackrock-recommends-a-2-bitcoin-allocation-for-diversification/
📣 https://x.com/btc/status/1867234379229004015
📈 MARA Holdings acquired 11,774 BTC for $1.1B, increasing its total to 40,435 Bitcoin (~$3.92B), and became the first public miner to surpass a 50 EH/s hashrate.
📰 https://btctimes.com/mara-holdings-acquires-11-774-bitcoin-and-hits-50-eh-s/
📣 https://x.com/btc/status/1866924276818821414
🚫 Microsoft shareholders reject a proposal to allocate 1-5% of profits to Bitcoin, siding with the board's preference for “stable” reserves 🚫
📰 https://btctimes.com/microsoft-shareholders-decline-proposal-to-add-bitcoin-to-balance-sheet/
📣 https://x.com/btc/status/1866590605809217794
🚀 MicroStrategy adds 21,550 BTC, totaling 423,650 Bitcoin worth $25.6B. As Bitcoin hits $100K, Michael Saylor urges the U.S. to swap gold for Bitcoin. 🚀💰
📰 https://btctimes.com/microstrategy-adds-21-550-bitcoin-and-advocates-for-the-u-s-to-drop-gold/
📣 https://x.com/btc/status/1866179117202162037
🚨 Semler Scientific adds 303 BTC, bringing its total to 1,873! 🚀
🔹 Avg purchase price: $78,553/BTC
🔹 BTC Yield: 78.7% since July 2024
🔹 Stock up 33% since adopting Bitcoin treasury strategy
📰 https://btctimes.com/semler-scientific-adds-303-bitcoin-bringing-total-to-1-873/
📣 https://x.com/btc/status/1864700372083781825
📈 BlackRock’s Bitcoin ETF now holds 500K BTC, worth $48B—2.38% of Bitcoin’s supply—surpassing MicroStrategy’s 402K BTC. A milestone in institutional adoption. 📈
📰 https://btctimes.com/blackrocks-bitcoin-etf-surpasses-500-000-bitcoin/
📣 https://x.com/btc/status/1864078097680601378
⛏️ Marathon Digital adds 6,484 BTC, plans $700M in notes, and urges the U.S. to adopt Bitcoin as a strategic asset. Now the 2nd largest corporate BTC holder globally. 🟠
📰 https://btctimes.com/marathon-digital-increases-bitcoin-reserves-and-outlines-strategic-financial-plans/
📣 https://x.com/btc/status/1863700439100801406
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
🇨🇦 Vancouver Mayor Ken Sim is exploring Bitcoin as a reserve asset. A motion to make Vancouver a "Bitcoin-friendly city" will be presented Dec 11 🍁🚀
📰 https://btctimes.com/vancouver-mayor-explores-bitcoin-adoption-for-city-policy/
📣 https://x.com/btc/status/1861843104006828247
🚀 Rumble commits up to $20M to Bitcoin, citing its inflation resistance and long-term potential. CEO Chris Pavlovski calls it a strategic move as adoption accelerates 📈
📰 https://btctimes.com/rumble-to-allocate-up-to-20m-for-bitcoin-as-part-of-new-treasury-plan/
📣 https://x.com/btc/status/1861243788510790133
📈 Hoth Therapeutics and Acurx Pharmaceuticals will each allocate up to $1M to Bitcoin, citing its inflation resistance and growing corporate adoption. 📈
📰 https://btctimes.com/hoth-therapeutics-and-acurx-pharmaceuticals-allocate-1m-to-bitcoin-as-treasury-asset/
📣 https://x.com/btc/status/1859414711080497202