BREAKING: The GENUIS Act moves forward as House Resolution 580 is adopted. image
JUST IN: Journalist L0laL33tz obtained a FOIA response from the U.S. Marshals revealing that the U.S. government currently holds 28,988 BTC, worth around $3.44 billion. Thatโ€™s just 15% of the 200,000 BTC it was once believed to control. image
JUST IN: Trump now says it is "highly unlikely" that he will fire Jerome Powell.
BLOOMBERG: "Vanguard has no choice but to end up holding shares of Strategy even if the firm dislikes Bitcoin. Irony, clearly."
The 213,500 BTC ๐Ÿ‡ง๐Ÿ‡ฌ Bulgaria sold in 2018 are now worth 79% of its public debt ๐Ÿ‘€ image
Strategy now holds nearly 2.86% of the 21 million total supply of the scarce asset.
JUST IN: Trump says he has the votes to move the GENIUS Act forward. image
JUST IN: The three crypto bills WILL NOT move forward today as lawmakers are told to go home. Trump wants a vote on the stablecoin bill this week, which means each bill will now need to be voted on separately rather than as a package.
NEW: Brandon Lutnick, son of U.S. Commerce Secretary Howard Lutnick, is nearing a $4B deal with Adam Back to acquire billions in BTC through a Cantor Fitzgerald-backed vehicle. Back is in talks to contribute up to 30,000 BTC (worth over $3B) to Cantor Equity Partners 1. Back and Blockstream Capital would receive shares in the newly renamed vehicle, BSTR Holdings, in exchange for the BTC. Combined with Cantorโ€™s other vehicle, Twenty One Capital, total crypto purchases could approach $10B this year. image
Bitcoinโ€™s $120,000 price tag has brought the value of Nakamotoโ€™s estimated bitcoin holdings to around $130 billion. https://bitcoinnews.com/adoption/satoshi-nakamoto-11th-richest-man/