Strategy announced today an agreement to issue shares for a total of USD 21 billion. πŸ’° The proceeds will be used for general corporate purposes, including the purchase of more bitcoin. πŸ’₯ With such a fundraising, the company could buy more than 250,000 BTC at current prices, which would imply upward pressure for the price. image
Even though the IMF told them not to πŸ₯΄ El Salvador πŸ‡ΈπŸ‡» bought another #Bitcoin yesterday 😎 They now have in holdings: 6,105.18 $BTC πŸ“ˆ
#Bitcoin Liquidity Heatmap Update πŸ‘€ image
How much Bitcoin does the US have and where do they come from? ⚫️ 198,109 BTC, worth $17.7 billion, are currently controlled by the US Treasury, mostly through civil and criminal asset seizures. ⚫️ According to Trump's March 6 executive order, the Bitcoin Strategic Reserve will be funded by confiscated assets. Government agencies must conduct an audit to determine actual holdings. The largest seizures: ⚫️ 69,370 BTC (Silk Road, 2020) - seized from hacker "Individual X," who turned over the stolen funds to authorities. ⚫️ 94,636 BTC (Bitfinex, 2022) - seized from Ilya Lichtenstein after private keys were found in a cloud storage account. ⚫️ 51,351 BTC (Silk Road, 2022) - discovered in a device stored inside a chest that was in an underground hiding place and inside a popcorn tin belonging to pirate Jimmy Zhong. Will these BTC be sold? ⚫️ The US government previously auctioned off confiscated BTC, but the White House has now banned further sales. ⚫️ The Treasury Department and the Commerce Department will explore ways to expand the reserve without burdening taxpayers.
China currently holds almost twice the amount of Bitcoins that the US government holds (taking into account that Bitfinex will receive its BTC back). image
Can You just Buy bitcoin
BREAKING: πŸ‡¨πŸ‡³ China and Middle Eastern countries are considering a "bitcoin buying strategy," CNBC reports. #bullishbounty
BREAKING NEWS: πŸ‡ΊπŸ‡Έ President Trump orders the US government to explore new avenues to buy more bitcoins for the reserve. #btc #bullishbounty
BREAKING: πŸ‡ΊπŸ‡Έ President Trump signs executive order officially creating a Bitcoin Strategic Reserve.
A whale just bought $77.5M worth of XRP. Just a day before the White House Crypto Summit.πŸ€” You should know something...β€Œβ€Œ image