The 213,500 BTC 🇧🇬 Bulgaria sold in 2018 are now worth 79% of its public debt 👀 image
Strategy now holds nearly 2.86% of the 21 million total supply of the scarce asset.
Bitcoin News
Strategy Crosses 600,000 BTC Milestone With $472M Purchase
Strategy has been relentlessly adding bitcoin to its coffers, and has now surpassed the 600,000 BTC mark.
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 Cantor’s other vehicle, Twenty One Capital, total crypto purchases could approach $10B this year. image
Bitcoin’s $120,000 price tag has brought the value of Nakamoto’s estimated bitcoin holdings to around $130 billion. https://bitcoinnews.com/adoption/satoshi-nakamoto-11th-richest-man/
CNBC: Only three crypto exchanges hold more than 150,000 BTC. That means there’s not much Bitcoin left on exchanges and people scrambling to get theirs.
CNBC: We are seeing a short squeeze in Bitcoin as bears who bet against the rally are being forced to buy back in.
NEW: 🇨🇦 Canada’s students are finding there’s no jobs to be had this summer as youth unemployment spikes to levels not seen since the Great Financial Crisis.
Even Dave Portnoy wishes he just "shut up and bought Bitcoin."