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Metaplanet Becomes Asia's Largest Corporate Bitcoin Holder After New Purchase

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Metaplanet Becomes Asia's Largest Corporate Bitcoin Holder After New Purchase

Japanese investment firm Metaplanet has increased its Bitcoin holdings to more than $400 million following its latest purchase. The company acquired 330 Bitcoin for $28.2 million at an average price of $85,605 per BTC, according to an April 21 post from CEO Simon Gerovich. This acquisition brings Metaplanet&

By Albert Morgan Apr 21, 2025
Michael Saylor's Strategy Adds 6,556 Bitcoin Worth $555.8 Million to Growing Portfolio

Bitcoin

Michael Saylor's Strategy Adds 6,556 Bitcoin Worth $555.8 Million to Growing Portfolio

Strategy, led by Michael Saylor, has purchased 6,556 Bitcoin for $555.8 million between April 14 and April 20. This acquisition occurred as Bitcoin traded near the $85,000 mark, according to the company's latest SEC filing. The company paid an average price of $84,785 per

By Albert Morgan Apr 21, 2025
Web3 Fund ABCDE Halts New Investments to Focus on Existing Portfolio

Bitcoin

Web3 Fund ABCDE Halts New Investments to Focus on Existing Portfolio

ABCDE, a major Web3 and blockchain-focused investment fund, announced it will stop making new investments and halt fundraising for its second phase. The $400 million fund will instead concentrate on supporting its current portfolio of projects while its co-founder shifts attention to a new crypto incubator called Vernal. Du Jun,

By Albert Morgan Apr 20, 2025
UK Firm Acquires $250 Million in Bitcoin as Market Braces for Calmer Easter Weekend

Bitcoin

UK Firm Acquires $250 Million in Bitcoin as Market Braces for Calmer Easter Weekend

UK investment firm Abraxas Capital has purchased 2,949 Bitcoin valued at more than $250 million over four days leading up to April 19. The London-based firm completed its latest transaction on April 18, buying over $45 million worth of Bitcoin from Binance, according to crypto intelligence firm Lookonchain citing

By Albert Morgan Apr 20, 2025
Astar Network Reduces Staking Rewards to Combat Token Inflation

Bitcoin

Astar Network Reduces Staking Rewards to Combat Token Inflation

Astar Network has made changes to its tokenomics structure to reduce inflationary pressures within its ecosystem. The blockchain firm announced on April 18 that it had cut base staking rewards from 25% to 10%, a measure aimed at controlling token inflation. The company stated that this adjustment promotes a more

By Albert Morgan Apr 18, 2025
Bitcoin Payment Now Available at Spar Supermarket in Switzerland

Bitcoin

Bitcoin Payment Now Available at Spar Supermarket in Switzerland

A Spar supermarket in Zug, Switzerland has begun accepting Bitcoin payments via the Lightning Network. The store's Bitcoin payment system went live recently as part of BTC Map, a community-driven project that shows businesses accepting Bitcoin payments. DFX Swiss, a crypto-to-fiat payment solution company, announced the development in

By Albert Morgan Apr 18, 2025
Lombard Finance Releases Bitcoin Staking SDK for $154B Exchange Market

Bitcoin

Lombard Finance Releases Bitcoin Staking SDK for $154B Exchange Market

Lombard Finance has released a software development kit enabling platforms to offer bitcoin staking services with a single click. The toolkit targets an estimated $154 billion in bitcoin currently sitting unused on centralized exchanges. The SDK allows users to stake their BTC to receive LBTC tokens, which can then be

By Albert Morgan Apr 17, 2025
Bitcoin Staking Protocol Babylon Sees $1.26 Billion Unstaked

Bitcoin

Bitcoin Staking Protocol Babylon Sees $1.26 Billion Unstaked

Bitcoin staking protocol Babylon experienced a significant withdrawal on April 17, with $1.26 billion worth of Bitcoin unstaked from its platform. According to blockchain analytics firm Lookonchain, several addresses removed a total of 14,929 Bitcoin from the staking platform. The security firm identified four addresses that had unstaked

By Albert Morgan Apr 17, 2025
Bitcoin Miner Manufacturer Auradine Secures $153 Million in Series C Funding

Bitcoin

Bitcoin Miner Manufacturer Auradine Secures $153 Million in Series C Funding

Auradine, a California-based bitcoin miner manufacturer, has raised $153 million in a Series C funding round. The investment will support expansion of both its core bitcoin mining business and its newly launched AI infrastructure division, AuraLinks AI. The round consists of $138 million in equity and $15 million in venture

By Albert Morgan Apr 16, 2025
Panama City Approves Cryptocurrency Payments for Municipal Services

Bitcoin

Panama City Approves Cryptocurrency Payments for Municipal Services

Panama City's municipal government has approved the use of cryptocurrency for various government payments. Mayor Mayer Mizrachi Matalon announced on Wednesday that residents can now use digital currencies to pay for taxes, fees, tickets, and permits. The city will accept four cryptocurrencies: bitcoin, ether, USDC, and USDT. This

By Albert Morgan Apr 16, 2025
After GameStop Bitcoin Victory, Strive's Cole Takes Aim at Intuit's Cryptocurrency Policies

Bitcoin

After GameStop Bitcoin Victory, Strive's Cole Takes Aim at Intuit's Cryptocurrency Policies

Matt Cole, CEO of Strive Asset Management, has called on financial software developer Intuit to change its "censorship policies" and "anti-bitcoin bias" in an open letter dated April 14. The letter was addressed to Intuit CEO Sasan Goodarzi and board Chair Susan Nora Johnson. Cole'

By Albert Morgan Apr 15, 2025
El Salvador's Bitcoin Implementation Faces Challenges as Few Registered Providers Meet Regulations

Bitcoin

El Salvador's Bitcoin Implementation Faces Challenges as Few Registered Providers Meet Regulations

According to data from the Central Reserve Bank of El Salvador, only 20 out of 181 registered Bitcoin service providers are currently operational in the country. This represents just 11% of registered firms, with the remaining 89% classified as non-operational for failing to meet requirements established under El Salvador'

By Albert Morgan Apr 15, 2025
Coinbase Evolution: From Bitcoin Payment App to $86 Billion Public Company

Bitcoin

Coinbase Evolution: From Bitcoin Payment App to $86 Billion Public Company

Coinbase celebrated the fourth anniversary of its public debut yesterday. The company went public on April 13, 2021, reaching an $86 billion valuation that briefly touched $100 billion, rivaling Facebook's 2012 market entry. CEO Brian Armstrong noted at the time that the listing created a thousand new millionaires

By Albert Morgan Apr 14, 2025
Japanese Firm Metaplanet Expands Bitcoin Treasury to 4,525 BTC, Enters Top 10 Public Holders

Bitcoin

Japanese Firm Metaplanet Expands Bitcoin Treasury to 4,525 BTC, Enters Top 10 Public Holders

Metaplanet Inc. (3350), a Japanese technology company, has acquired an additional 319 bitcoin (BTC) at an average price of $83,147 per coin. This recent purchase has propelled the company into the ranks of the top 10 largest public bitcoin holders globally. The company's total bitcoin holdings now

By Albert Morgan Apr 14, 2025
Bitcoin Rally Prompts Michael Saylor's "Buy the Future" Message

Bitcoin

Bitcoin Rally Prompts Michael Saylor's "Buy the Future" Message

Michael Saylor, known for his strong advocacy of Bitcoin, recently posted a message on X (formerly Twitter) encouraging followers to "Buy the Future." The post featured an AI-generated image of Saylor himself, with a stylized "B" reminiscent of the Bitcoin symbol. The timing of Saylor'

By Albert Morgan Apr 13, 2025
Lomond School Becomes First UK Institution to Accept Bitcoin for Tuition

Bitcoin

Lomond School Becomes First UK Institution to Accept Bitcoin for Tuition

Lomond School in Scotland will begin accepting Bitcoin for tuition payments in the Autumn semester of 2025. This initiative makes Lomond the first school in the United Kingdom to offer this payment option, joining a growing trend of educational institutions worldwide incorporating cryptocurrency into their operations. The school plans to

By Albert Morgan Apr 13, 2025
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