With bitcoin BTC$117,594.08 trading at a record high above $117,000, some of its largest institutional holders are sitting on massive gains — and show no sign of planning to cash out. Strategy (MSTR), the software company turned bitcoin holding giant, owns nearly 600,000 BTC, according to BitcoinTreasuries.Net data, and has made an estimated $28 billion
Bitcoin, the leading cryptocurrency by market cap, briefly surpassed tech behemoth Amazon by market cap earlier today. The market cap of the top coin peaked at a whopping $2.36 trillion earlier this Friday. Several hours ago, the leading cryptocurrency reached its current all-time high of $118,667, according to CoinGecko data. Bitcoin briefly became the fifth-biggest
Satoshi Nakamoto, the mysterious creator of Bitcoin, has recently surpassed one of Europe’s most prominent billionaires in the global wealth rankings. According to blockchain analytics firm Arkham, Satoshi’s net worth increased significantly (more than $4 billion) when the Bitcoin price soared on Thursday, putting him ahead of Amancio Ortega, the creator of fashion behemoth Zara.
New data indicates that Bitcoin’s (BTC) long-term performance shows the S&P 500 has lost nearly all its value when measured in BTC terms. These insights emerge at a time when both asset classes are trading at new record highs. For instance, Bitcoin has reached an all-time peak of $118,000, while the S&P 500 is edging
Recent research from the Bank of America shows that Bitcoin is now the best-performing currency this year, marking a new classification milestone. The Bank of America (BofA) published the latest “Cross-Asset Winners & Losers” standings today, reflecting the current standings of major assets and their returns in US dollar terms. The research highlighted two interesting
As bitcoin’s (BTC) price reached new all-time highs of $118,000, countries with the currency in their reserves or under the control of authorities have seen gains in the multi-millions, if not billions. According to Arkham, the US holds 198,000 BTC, which is now worth almost $23.4 billion, and will be put towards the strategic BTC
In a historic milestone for the cryptocurrency market, all Bitcoin (BTC) holders have achieved profitability (or at least broken even), with no investors currently experiencing losses as the digital asset maintains its remarkable 2025 rally. Specifically, the latest on-chain data from crypto on-chain analytics platform IntoTheBlock reveals that 100% of Bitcoin holders are either in
Bitcoin (BTC) has gained notable recognition in the broader financial sector as Bank of America listed the coin alongside other currencies. The financial institution, in its 2025 cross-asset winners and losers’ year-to-date returns, listed the flagship cryptocurrency among other currencies like the British pound. Bank of America validates Bitcoin as a currency In a post
Digital asset firm K33 has added 50 Bitcoin tokens worth approximately $6 million to its balance sheet, accelerating its Bitcoin Treasury strategy. K33, a prominent brokerage and research company in the digital asset sector, has acquired an additional 50 BTC. The investment amounts to approximately SEK 57.1 million (USD 5.98 million) as the company advances
BlackRock’s iShares Bitcoin Trust (IBIT) has become the fastest-growing ETF ever, officially hitting $80 billion in assets under management just 374 days after launch. This milestone is a new record for the ETF industry, says Bloomberg’s Eric Balchunas. To put it in perspective: Vanguard’s $VOO took almost five times longer — 1,814 days — to