El Salvador has accumulated significant Bitcoin holdings through mining using geothermal energy, with no intention of selling despite increased value. [ more ]
GBTC's Bitcoin holdings drastically reduced by 50% since January due to net outflows amid high trading fees and competition from low-fee competitors. [ more ]
MicroStrategy Buys An Additional 16,130 Bitcoin For $593 Million
MicroStrategy has purchased an additional 16,130 BTC for $593.3 million, bringing their total Bitcoin holdings to over 174,530 BTC worth more than $6.59 billion.
The company has consistently added to their Bitcoin holdings since August 2020 and has implemented a treasury reserve strategy.
MicroStrategy's aggressive bitcoin investment strategy continues despite the upcoming Bitcoin halving and potential approval of a Bitcoin ETF by the SEC. [ more ]