Corporate Bitcoin adoption continues its proliferation as more companies pursue accumulation strategies for their treasuries. Firms can benefit from capital appreciation, diversification, and an inflation hedge if executed properly. However, not all Bitcoin acquisition strategies are created equal. If a company’s sole purpose is to hold BTC without sufficient resources or scale, it can risk
Electric vehicle firm Volcon has announced a change in its corporate strategy, revealing plans to adopt a Bitcoin treasury. The company disclosed this major development through a press release, which confirmed that it secured over $500 million in a private placement offering to support its new Bitcoin-focused treasury approach. Volcon Adopts Bitcoin Treasury with $500M
Bitcoin’s mysterious founder, Satoshi Nakamoto, has now become the 11th richest person in the world, with the value of his cryptocurrencies exceeding $130 billion. According to Arkham Intelligence data, the value of Bitcoins in wallets thought to belong to Nakamoto has surpassed that of Microsoft founder Bill Gates ($117 billion) and Dell Technologies founder Michael
Pseudonymous Bitcoin creator Satoshi Nakamoto is now the 11th richest person in the world, as the inventor’s BTC portfolio—based on wallets tied to the long-silent crypto icon—has risen above $130 billion, according to Arkham Intelligence. It comes as the leading cryptocurrency has hit a spree of new all-time highs, rising by 14% over the past
A new survey conducted by Bitcoin (BTC) mining platform GoMining reveals a surprising education gap among crypto enthusiasts, one that may be slowing broader adoption. Nearly 17 years after Satoshi Nakamoto mined the first Bitcoin, most users still don’t feel confident about its fundamentals despite its trillion-dollar market cap. Users Know Bitcoin Is Important, But
Bitcoin hit a new all-time high at $123,218, on Monday, July 14. The largest cryptocurrency wiped out its gains and hovers above the $118,000 level at the time of writing. Bitcoin’s recent activity has motivated BTC holders from the Satoshi era to move their BTC to OTC desks and likely take profits. Bitcoin (BTC) could
Much of Bitcoin’s recent rally has been fueled by institutional demand, but new data shows retail investors are finally stepping back in after a long lull. According to a July 17 Glassnode report, the supply held by first-time Bitcoin (BTC) buyers has jumped by 2.86% over the past two weeks, going from 4.77 million BTC
Reports confusing the difference between seized and forfeited assets have led pro-crypto Senator Cynthia Lummis to panic that the US has committed a “total strategic blunder” by selling off 179,000 bitcoin (BTC). Numerous Bitcoiners and crypto news outlets reported that the US sold 85% of its BTC holdings ($21 billion) after a freedom of information