Bitwise CIO Matt Hougan said the “megatrend” of public companies adding Bitcoin (BTC) to treasury reserves will continue accelerating as the movement …
buys
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Smart Contracts
Why Strategy’s Bitcoin Buys Could Pose Long-Term Risks Despite Boosting Demand
by shayaanby shayaanIn short Strategy 3% owned by Bitcoin is approaching “problematic” levels, which threatens the reserve activa status, says Sygnum. Acquisition vehicles have …
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In brief Michael Saylor’s software firm Strategy bought another $110 million worth of Bitcoin last week. The Bitcoin buy marks the public …
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Regulation
U.S. Treasury Abruptly Buys $10,000,000,000 of Its Own Debt in Massive, Historic Treasury Buyback
by shayaanby shayaanThe U.S. Treasury Department just issued the largest buyback of its own bonds in history. The Treasury says the $10 billion operation …
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Scams
Healthcare Tech Company Semler Buys More Bitcoin, Holdings Near $472 Million
by shayaanby shayaanIn brief Nasdaq-listed Semler Scientific spent $20 million on 185 Bitcoin in May and June. The medical device company now has 4,450 …
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Rep. Brandon Gill (R-TX) failed to properly disclose up to $500,000 in Bitcoin purchases within the 45-day window mandated by federal law, …
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Smart Contracts
Michael Saylor’s Strategy Plans Stock IPO to Fund Bitcoin Buys, Operations
by shayaanby shayaanIn short Strategy tries to pick up $ 250 million through preference stock shares. The shares that pay a 10% dividend are …
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U.S.-based blockchain firm BTCS Inc. has increased its Ethereum holdings with the acquisition of 1,000 more Ether tokens worth $2.63 million via …
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Scams
This Week in Crypto Games: GameStop Buys Bitcoin, More Ethereum Games Close Up Shop
by shayaanby shayaanIt’s tough to keep tabs on the ever-changing crypto gaming space, thanks to the constant flow of news: everything from big game …
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Regulation
Fed Quietly Buys $43,600,000,000 in US Treasuries in Alleged ‘Stealth QE’ Operation After China Abruptly Dumps Billions in Bonds
by shayaanby shayaanThe Federal Reserve just bought $43.6 billion in US treasuries in the span of a week, sparking concerns that a quiet quantitative …