Strategy has solidified its position as a dominant institutional holder of Bitcoin, amassing a treasury reserve of 592,100 BTC. This substantial holding places the company just behind cryptocurrency exchange Binance, estimated to hold between 610,000 and 615,000 BTC, highlighting Bitcoin’s… Read More »Strategy’s Massive Bitcoin Hoard Nears Binance Levels, Cementing BTC as Institutional Asset
MicroStrategy Incorporated has significantly expanded its Bitcoin holdings with the purchase of an additional 10,100 BTC, valued at approximately $1.05 billion. This acquisition raises the company’s total Bitcoin treasury to 592,100 BTC. Consistent with its established corporate strategy, MicroStrategy used… Read More »MicroStrategy Bolsters Bitcoin Treasury with $1.05 Billion Purchase, Holds 592,100 BTC
Retail trading giant GameStop has filed for a mixed shelf offering seeking to raise up to $1.75 billion. The company simultaneously announced a strategic shift in its treasury management, incorporating Bitcoin into its holdings. This move signifies GameStop’s adoption of… Read More »GameStop Files for $1.75 Billion Offering, Adds Bitcoin to Treasury Strategy