For a while, I was skeptical of bitcoin treasuries. All these bitcoin companies felt like another fiat-financial stunt, another way to play games with debt and derivatives while co-opting Bitcoin’s name. I didn’t want bitcoin financialized. I wanted it to flourish — cleanly, directly and outside the grasp of Wall Street. But then I sat
H100 Group AB has officially become the largest publicly listed Bitcoin holder in the Nordic region. The company announced the acquisition of 60.6 additional BTC at an average price of SEK 1,114,588 per coin. This latest purchase brings its total Bitcoin holdings to 763.2 BTC, a notable leap from the 6.2 BTC it held on
Investors’ appetite for risk seems to weaken as Bitcoin (BTC) signals weakness and altcoin traders capitulate. According to the latest edition of the Bitfinex Alpha report, BTC slipped below its three-week range floor near $115,800 late last week. On August 5, BTC tagged $112,722.10 in early trading hours, while also flipping former support into potential
The Smarter Web Company has launched a new Bitcoin-denominated bond called Smarter Convert. This interest-free capital-raising initiative raised $21 million through a full subscription by TOBAM, a respected French asset management firm. TOBAM subscribed via three of its managed funds, marking a pioneering step in UK capital markets. The firm has maintained exposure to Bitcoin
Occams Advisory, a global consulting firm focused on middle-market growth, has officially added Bitcoin to its treasury strategy. The firm acquired 10 BTC for approximately $1.03 million, with an average price of $102,995 per coin. Occams completed the purchase via 21 Million Inc., a Canadian entity focused on Bitcoin accumulation and strategic investment. The company
A popular crypto analyst thinks that Bitcoin (BTC) and stocks may skyrocket if one event occurs. In a new YouTube video, Jason Pizzino tells his 353,000 subscribers that if the S&P 500 (SPX) breaks out past a key resistance level, it may trigger FOMO (fear of missing out), driving Bitcoin and stocks even higher as
Bitcoin price is struggling to recover above the $116,200 zone. BTC is now consolidating and might decline further below the $112,500 zone. Bitcoin started a fresh decline from the $115,500 zone. The price is trading below $114,000 and the 100 hourly Simple moving average. There is a bearish trend line forming with resistance at $114,400
Strategy has repeatedly rejected the idea of releasing proof of reserves, citing various reasons for this stance. Recently, Strategy chairman Michael Saylor, the company CEO Phong Le, and Executive Vice President Andrew Kang provided new comments on why Strategy is so reluctant about releasing proof of reserves and outlined that increasing transparency is not impossible.
Twelve years after accidentally throwing away a hard drive containing 8,000 Bitcoin (BTC), James Howells is abandoning his long-running effort to excavate it from a Newport landfill. Instead, he plans to launch a new token inspired by the lost coins. Howells, whose quest included legal battles, drone surveys and a 25-million British pound offer ($33.3