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Laurie • Sep 11, 2025, 1:49 pm EDT

Saylor’s Strategy Adds 1,955 Bitcoin Worth $219 Million

Michael Saylor’s Strategy is back at it again—buying the dip. The company announced the purchase of 1,955 BTC for $219 million, strengthening its position as the world’s largest publicly traded Bitcoin holder. With this latest acquisition, Strategy continues to signal its long-term conviction in Bitcoin as a corporate treasury asset. 📈 The Numbers The company purchased the 1,955 BTC at an average price of around $112,000 per coin. This brings Strategy’s total Bitcoin holdings to over 638,460 BTC, valued at nearly $28 billion at current prices. No other public company comes close—placing Strategy far ahead of Tesla, Block, and Coinbase

2 minutes

carlp • Oct 31, 2024, 10:45 am EDT

Florida CFO Proposes Bitcoin as Pension Fund Asset

Florida’s Chief Financial Officer, Jimmy Patronis, has proposed a plan that could put Florida at the forefront of bitcoin adoption. In a recent letter to the Florida State Board of Administration (SBA), Patronis recommended establishing a “strategic Bitcoin reserve” and evaluating Bitcoin as a potential addition to the state’s pension funds. His aim? To diversify Florida’s retirement portfolio and provide state workers—from teachers to firefighters—a hedge against traditional financial volatility. Bitcoin as “Digital Gold”: A Hedge Against Economic Uncertainty In his letter, Patronis emphasized Bitcoin’s unique position as “digital gold,” highlighting how Bitcoin’s decentralized nature could serve as a counterbalance

3 minutes

arusso • Jun 6, 2024, 2:31 pm EDT

Robinhood Announces Acquisition of Crypto Exchange Bitstamp for $200 Million

Robinhood, the U.S.-based financial services company, has expanded its presence in the cryptocurrency market by announcing its plan to acquire Bitstamp, one of Europe’s largest and most regulated crypto exchanges. The acquisition deal, valued at $200 million in cash, will allow for Robinhood to enhance its service offerings and reach an international audience. Details of the Acquisition Bitstamp, established in 2011, is known for its regulatory compliance and extensive array of services, including spot trading for over 85 cryptocurrencies, institutional lending, and staking. The exchange is also notable for holding more than 50 global licenses and registrations, ensuring a high

2 minutes

johnd • May 24, 2024, 9:19 pm EDT

SEC Approves Spot Ether ETFs

The U.S. Securities and Exchange Commission (SEC) has approved the sale of spot Ether Exchange-Traded Funds (ETFs) in the United States, marking another significant milestone for the cryptocurrency industry. On May 23, 2024, the SEC granted approval to Nasdaq, CBOE, and NYSE to list ETFs tied to the price of ether, potentially setting the stage for these products to begin trading later this year. A Milestone Decision This approval follows the SEC’s earlier decision in January 2024 to approve Bitcoin ETFs and ETPs after a prolonged battle. The recent decision represents the SEC’s second major step regarding crypto Exchange-Traded Products,

3 minutes

arusso • Apr 16, 2024, 2:33 pm EDT

Winklevoss Twins Invest $4.5 Million Bitcoin into Real Bedford

Winklevoss Capital, the investment firm led by Cameron and Tyler Winklevoss, co-founders of the cryptocurrency exchange Gemini, has committed a $4.5 million investment of bitcoin to the Real Bedford Football Club (RBFC). This investment is now the largest ever made in a non-professional league football club in the United Kingdom. New Co-Owners at RBFC Following the investment, the Winklevoss twins will join RBFC’s existing owner, Peter McCormack, as co-owners. McCormack, known as the host of the “What Bitcoin Did” podcast, described the investment as a testament to shared values of vision and conviction. McCormack praised the Winklevoss twins for their

2 minutes

carlp • Apr 5, 2024, 1:35 pm EDT

Big Banks Reaching Out To Bitcoin Miners to Acquire Bitcoin

Hut 8, one of the leaders in Bitcoin mining in the United States, has reported significant interest from major banks. These financial institutions are looking to purchase bitcoin directly from miners. This is a direct consequence of the growing interest in Bitcoin spot Exchange-Traded Funds (ETFs), which have amassed an investment inflow exceeding $12 billion since their inauguration on January 11. Record Investment Inflows The launch of Bitcoin spot ETFs on Wall Street has attracted over $12 billion in investments in less than three months. This massive influx has translated into more than 211,000 bitcoins being converted into shares. Such

2 minutes

johnd • Mar 7, 2024, 2:53 pm EST

Have U.S. Treasuries Shifted from “Risk-Free” to “Risky”?

The financial world is facing a paradox that many feel mirrors the 2008 crisis, where the once unassailable U.S. Treasuries, traditionally seen as the epitome of safety, are now perceived as potential liabilities. This profound change in perspective is evidenced by the International Swaps and Derivatives Association’s (ISDA) recent correspondence with key U.S. financial regulators, underscoring a deepening concern within the banking sector about the true risk of U.S. Treasuries. On March 5, 2024, the ISDA’s requested to exclude U.S. Treasuries from the supplementary leverage ratio (SLR) calculations reveals an uncomfortable truth. Banks, once reliant on these instruments for their

3 minutes

carlp • Feb 21, 2024, 10:36 am EST

Bitcoin ETFs Surpass 2.4 Billion Weekly Inflows

Just six weeks after the SEC first approved 11 spot Bitcoin ETFs, BlackRock, the world’s largest asset manager, has amassed over 100,000 bitcoin, backing its own spot Bitcoin exchange-traded fund (ETF), $IBIT. The remarkable success of the bitcoin ETFs not only underscores the growing acceptance of Bitcoin as a legitimate asset class but also heralds in a new era for the ecosystem. With a staggering 105,280 bitcoin now under its management, valued at an eye-watering $5 billion, BlackRock’s entrance into the bitcoin space with $IBIT has been nothing short of meteoric. Since its inception in January, the fund has seen

2 minutes

arusso • Feb 13, 2024, 10:21 am EST

Bitcoin Hits 50K

Bitcoin crossed the $50,000 threshold for the first time since December, 2021, yesterday, February 12th, 2024. The market watches closely as the next halving approaches. Is it possible to hit a new all time high BEFORE the halving?

1 minute

johnd • Jan 11, 2024, 1:01 pm EST

Spot Bitcoin ETFs to Trade on US Markets: What Happens Now?

The U.S. Securities and Exchange Commission (SEC) has recently approved the listing of spot Bitcoin Exchange-Traded Funds (ETFs) What can we expect moving forward?

3 minutes