#bitcoin holdings

#bitcoin holdings

Cathedra Bitcoin pivots to data centers from mining to improve bitcoin holdings per share amidst low mining revenues and industry pressures.

MicroStrategy increased Bitcoin holdings in Q2 2024, reaching 226,500 BTC with plans to achieve annual yield of 4-8% from 2025-2027.

El Salvador has accumulated significant Bitcoin holdings through mining using geothermal energy, with no intention of selling despite increased value.

Block (SQ) initiated DCA program to increase bitcoin holdings by using 10% of monthly bitcoin-related gross profit until the end of 2024.

GBTC's Bitcoin holdings drastically reduced by 50% since January due to net outflows amid high trading fees and competition from low-fee competitors.

Spot bitcoin ETFs now hold more bitcoin than MicroStrategy, excluding Grayscale's GBTC.

The concentration of coins held by these entities is not seen as a risk to the Bitcoin Network.

BlackRock received $100,000 as seed capital for its proposed spot bitcoin ETF.

MicroStrategy's bitcoin holdings reached over $2 billion in profit following the cryptocurrency's rally.

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.