Texas Proposes Strategic Bitcoin Reserve Bill
Texas state Senator Charles Schwertner has introduced Senate Bill (SB 778), a proposal to establish a Strategic Bitcoin Reserve for the Lone Star State. If passed, Texas would become the first state…
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Osprey Funds Plans to Convert Bitcoin Trust into ETF
Osprey Funds has announced plans to convert its Osprey Bitcoin Trust (OBTC) into an exchange-traded fund (ETF), following the termination of a deal for Bitwise Asset Management to acquire the trust. The…
Italy’s Largest Bank Invests $1M in Bitcoin
Italy’s largest bank, Intesa Sanpaolo, has made its first foray into the cryptocurrency market by purchasing 11 Bitcoin (BTC) worth €1 million ($1.02 million) on January 13. This move makes it the…
MicroStrategy Surpasses 450,000 Bitcoin as It Buys the Dip
MicroStrategy has crossed a major milestone in its Bitcoin holdings, acquiring an additional $243 million worth of BTC, bringing its total to over 450,000 Bitcoin. MicroStrategy’s Record-Breaking Bitcoin Holdings This aggressive accumulation…
BlackRock Launches New Bitcoin ETF on Cboe Canada
Global asset management giant BlackRock has introduced a new Bitcoin exchange-traded fund (ETF) on Cboe Canada, offering Canadian investors simplified access to Bitcoin investments. Key Features of BlackRock’s Bitcoin ETF The new…
New Hampshire and North Dakota Propose Strategic Bitcoin Reserves
Two U.S. states, New Hampshire and North Dakota, have introduced legislation aimed at establishing strategic Bitcoin reserves. This move reflects a broader push among lawmakers to diversify state treasuries and explore the…
CleanSpark Becomes the Fourth Bitcoin Miner to Hold Over 10,000 BTC
CleanSpark, a prominent U.S.-based Bitcoin mining firm, has reached a significant milestone by holding 10,097 Bitcoin (BTC) in its treasury. This achievement makes CleanSpark the fourth publicly listed mining company to surpass…
Could Block Become the First S&P 500 Bitcoin Pioneer?
Financial services and digital payments firm Block Inc. may become the first company in the S&P 500 with an explicit Bitcoin strategy, according to Matthew Sigel, head of digital assets research at…
Thai Police Seize Nearly 1,000 Bitcoin Miners in Electricity Theft
Thai authorities recently confiscated 996 Bitcoin mining rigs from a facility in Phanat Nikhom, Chon Buri, following allegations of electricity theft. According to reports on January 9, the operation, linked to JIT…
Bitcoin ETFs See Record Rebound With $908 Million Inflows on Friday
Bitcoin exchange-traded funds (ETFs) experienced a sharp recovery on Friday, pulling in $908.1 million—their strongest single-day inflow since late November, according to U.K.-based asset manager Farside Investors. This significant rebound follows weeks…
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