MicroStrategy expands its Bitcoin holdings with an $1.1 billion purchase of 11,000 BTC, as announced by Michael Saylor. The business intelligence firm’s total Bitcoin portfolio now stands at 461,000 BTC, valued at $29.3 billion, with an average cost basis of $63,610 per coin.
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Category: Bitcoin
Utah Proposes Legislation Allowing State Treasurer to Invest in Digital Assets
Utah has introduced landmark legislation aimed at modernizing state investments by permitting the state treasurer to allocate public funds into digital assets.
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Trump Frenzy Triggers Inflows of $2.2B into Digital Asset Products: CoinShares
CoinShares reports $2.2B weekly inflows into digital assets, the highest of 2025, fueled by Trump inauguration-driven optimism. Bitcoin leads with $1.9B, Ethereum reverses outflows with $246M, and XRP gains $31M. Total assets under management reach a record $171B, showcasing growing market interest.
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Bitcoin Price Crosses $109K to Hit ATH as Trump Prepares to Take Office
Bitcoin (BTC) has surged past $109,000 as President-elect Donald Trump prepares to begin his second term in the White House.
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Coinbase CEO Brian Armstrong Backs Global Bitcoin Strategic Reserves Initiative
Brian Armstrong, CEO of Coinbase, has publicly endorsed a proposal for global leaders to establish Bitcoin strategic reserves.
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MicroStrategy Proposes Massive Increase in Authorized Shares to 10.33 Billion
MicroStrategy has proposed amendments to its charter to increase authorized common shares to 10.33 billion and preferred stock to over 1 billion, seeking to expand its capital structure.
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Coinbase Launches Bitcoin-backed Loan Services for U.S. Users
Coinbase relaunches Bitcoin-backed loans in the U.S., allowing users to borrow up to $100,000 in USDC using BTC as collateral. This innovative service caters to crypto holders seeking liquidity without selling assets. Discover how it works, its benefits, and Coinbase’s role in this growing market.
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Bitget Survey: 20% of Gen Z, Alpha Open to Crypto Pensions
87% of young respondents are also considering using crypto for long-term savings, with 41% actively exploring options.
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U.S. Court Orders Return of 94,643 Stolen Bitcoins to Bitfinex as Part of Plea Deal
The DOJ approves the return of 94,643 Bitcoin, worth $9.3 billion, to Bitfinex following the 2016 hack that exploited its wallet system. The breach, one of the largest in crypto history, saw the recovery of 80% of stolen funds, thanks to the cooperation of those convicted in the laundering case.
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Osprey Funds to Convert Osprey Bitcoin Trust to ETF Following Bitwise Acquisition Deal Termination
Osprey Funds, an investment management firm based in Fairfield, Connecticut, has announced its intention to convert the Osprey Bitcoin Trust (OBTC) into a spot Bitcoin ETF.
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