El Salvador Launches Website to Track $360M Bitcoin Treasury

El Salvador recently partnered with Mempool to launch a real-time website to track their nations Bitcoin treasury of $360 million.

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WATCH: MicroStrategy Hosts Bitcoin For Corporations Conference

MicroStrategy hosts its Bitcoin for Corporations conference today, featuring leaders discussing how firms can adopt BTC as a treasury asset like MicroStrategy's pioneering strategy.

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Nasdaq-Listed Coal Miner Adds 425 BTC To Balance Sheet

Alliance Resource Partners (ARLP) announced that its mining bitcoin and holding 425 BTC on its balance sheet.

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Brazilian Publicly Traded Méliuz Adopts Bitcoin Treasury Strategy

Bitcoin Magazine Brazilian Publicly Traded Méliuz Adopts Bitcoin Treasury Strategy Brazilian fintech company Méliuz announced Thursday it had allocated 10% of its cash reserves into bitcoin, becoming the first publicly traded firm in the country to adopt a bitcoin treasury strategy. Méliuz invested $4.1 million to acquire 45.72 bitcoins at an average price of $90,926

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El Salvador Will Keep Buying 1 Bitcoin Daily Until BTC Becomes Unaffordable With Fiat Currencies, Says President Bukele

El Salvador has been buying one bitcoin a day since 2022, according to President Nayib Bukele, who confirmed that his country’s “1 bitcoin a day program” will continue until the cryptocurrency “becomes unaffordable with fiat currencies.” The bitcoins acquired from El Salvador’s daily purchases are also deposited into the same wallet address used for the [...]

The post El Salvador Will Keep Buying 1 Bitcoin Daily Until BTC Becomes Unaffordable With Fiat Currencies, Says President Bukele appeared first on Crypto Breaking News.

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El Salvador Moves Big Chunk of Its BTC to Cold Wallet President Bukele Says Call It Our First Bitcoin Piggy Bank

El Salvador has transferred “a big chunk” of its bitcoin holdings to a cold wallet, President Nayib Bukele has announced. “You can call it our first bitcoin piggy bank,” he said. As of writing, the wallet’s balance totals approximately 5,690 bitcoins. El Salvador Establishes Its First ‘Bitcoin Piggy Bank’ El Salvador’s President Nayib Bukele announced [...]

The post El Salvador Moves Big Chunk of Its BTC to Cold Wallet President Bukele Says Call It Our First Bitcoin Piggy Bank appeared first on Crypto Breaking News.

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El Salvador Has More Bitcoin Than Public Estimates With Multiple BTC Revenue Sources, President Bukele Indicates

President Nayib Bukele of El Salvador has indicated that his country’s bitcoin holdings may exceed public estimates. He revealed that El Salvador has been generating bitcoin-related revenue from various sources in addition to the capital gains from bitcoin purchased since its legalization as a legal tender in the country. ‘El Salvador Is Bitcoin Country’ El [...]

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MicroStrategy’s Aggressive Bitcoin Acquisition Strategy Secures 0.726% of Total Supply

MicroStrategy, the leading public corporation in terms of bitcoin holdings, has once again demonstrated its aggressive bitcoin acquisition strategy. The company recently announced the purchase of an additional 12,333 BTC for approximately $347.0 million, at an average price of $28,136 per bitcoin. This brings MicroStrategy’s total holdings to an impressive 152,333 BTC, acquired at an [...]

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MicroStrategy Purchases 6,455 BTC, Pays Off $205M Loan At 22% Discount

MicroStrategy continues to stack bitcoin, with the help of a sizable discount on a loan taken out at Silvergate Bank. MicroStrategy has announced the repayment of a $205M bitcoin-collateralized loan in full at a 22% discount for $160M, along with the acquisition of an additional 6,455 BTC, bringing their total holdings to 138,955 BTC. According [...]

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Hut 8 Maintains HODL Strategy, Adds 330 BTC To Treasury In July

Hut 8 added 330 BTC to its balance sheet in July as it continues to hold 100% of the bitcoin it mines, while most public miners capitulate.

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Michael Saylor Announces 480 Bitcoin Buy For MicroStrategy

The CEO of MicroStrategy announced the company has purchased an additional 480 bitcoin, netting a total treasury of 129,699 BTC amid market downturns.

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Octagon Networks: First Cybersecurity Firm To Convert Balance Sheet Into Bitcoin

Octagon Networks has converted its entire balance sheet into bitcoin and will begin accepting payments in BTC for all services.

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How My Fraternity Supercharged Our Treasury By Adopting Bitcoin

The story of the first fraternity to adopt bitcoin and a call for others to follow in their footsteps.

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Jack Dorsey, Saylor to Speak at Upcoming Free Bitcoin Conference

The two chief executives will kickstart the event with an in-depth conversation about Bitcoin.

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How Sports And Bitcoin Exemplify Low Time Preference And Efficient Energy Expenditure

Sports and Bitcoin both transform energy through low time preference into appreciable proof-of-work rewards.

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Is Bitcoin Now A Must-Have Asset For Public Companies?

As attention on inflation heightens, public companies look to a solid store of value to protect their profits.

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Semler Scientific buys another $23M in Bitcoin

The company now owns more than $192 million worth of BTC and touts a Bitcoin yield of more than 99%, it said.

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Exclusive - Tether Purchased 1,529 Bitcoin in Q2, CTO Confirms

The company behind the USDT stablecoin added $45 million worth of bitcoin to its balance sheet last quarter, CTO Paolo Ardoino confirmed to Bitcoin Magazine.

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