News with the tag "US strategic Bitcoin reserve"

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As US lawmakers continue working on crypto adoption and better regulations, Illinois and Indiana representatives have introduced new Bitcoin-related bills seeking to embrace the flagship crypto at the state level. Illinois Introduces Strategic Bitcoin Reserve Act On Wednesday, Illinois State Represe...

Republican state senator Dusty Deevers recently introduced a bill allowing Oklahoma employees and residents to opt to receive salaries in Bitcoin and enable businesses to accept BTC payments. Oklahoma Senator Introduces Bitcoin Freedom Act On January 8, Senator Dusty Deevers announced the Bitcoin Fr...

Dennis Porter, co-founder and CEO of the Satoshi Action Fund (SAF), announced at Michael Saylor’s $100K New Year’s Eve Bitcoin Party in Miami that a US state is on the brink of initiating BTC purchases within the next four months. Bitcoin Adoption By US State Imminent During the event, Porter addres...

The head of digital assets research at exchange-traded fund (ETF) provider VanEck says a strategic Bitcoin ( BTC ) reserve can help the US pay off its rapidly accelerating national debt in about 25 years. In a new thread on the social media platform X, VanEck executive Matthew Sigel shows how a stra...

Michael Saylor, co-founder and chairman of business intelligence firm MicroStrategy, has unveiled a comprehensive crypto framework aimed at further integrating Bitcoin and other digital assets into the US economy. Shared via social media on Friday, Saylor’s proposal comes at a time of increasing ins...

In a notable development for the cryptocurrency landscape, Japanese Member of Parliament Satoshi Hamada has urged his government to establish a Strategic Bitcoin Reserve, aligning Japan with a growing global trend where nations like the United States are exploring similar initiatives. Bitcoin Adopti...

The CEO of Bitcoin wallet and payments application Strike believes that approving a US strategic BTC reserve benefits Americans from the bottom up. In a new Kitco News interview, Jack Mallers says he expects the incoming Trump administration to boost the economy by making it clear that the governmen...

Bitwise has predicted that in 2025, Bitcoin could hit $500,000, Coinbase will enter the S&P 500 and AI agents will drive the next “memecoin mania.”

Hut 8, one of the largest Bitcoin mining companies globally, has announced a significant strategic move aimed at creating a strategic Bitcoin reserve. The initiative, totaling $750 million includes a $500 million at-the-market (ATM) program and a $250 million stock buyback plan. Hut 8’s Strategic Bi...