Bitcoin ETPs now hold 7% of Bitcoin's maximum supply

Bitcoin ETPs now hold 7% of Bitcoin's maximum supply

Bitcoin funds now hold more than 7% of the cryptocurrency’s total 21 million coin supply, with BlackRock’s US-based ETF the largest holder. Bitcoin exchange-traded products (ETPs) now hold more than 1.47 million Bitcoin, amounting to 7% of the cryptocurrency’s maximum 21 million coin supply. US-based exchange-traded funds for Bitcoin (BTC) have scooped up the largest…

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AI will make stocks obsolete, driving investors to Bitcoin: Analyst

AI will make stocks obsolete, driving investors to Bitcoin: Analyst

Artificial intelligence will speed up innovation exponentially, making slow-moving public companies a poor investment vehicle in the future. Bitcoin (BTC) will be a better investment than stocks in the coming decades due to artificial intelligence speeding up innovation cycles, making public companies inefficient investment vehicles, analyst and investor Jordi Visser predicted. “If the innovation cycle…

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Bitcoin no longer plays gold’s game

Bitcoin no longer plays gold’s game

Bitcoin is evolving from digital gold to productive capital as BTC now earns native yield, while holders maintain custody and decentralization. Opinion by: Armando Aguilar, head of capital formation and growth at TeraHash Bitcoin was treated as a purely inert asset for years: a decentralized vault, economically passive despite its fixed issuance schedule. Yet more…

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Metaplanet’s Bitcoin strategy faces fundraising crunch as stock sinks: Report

Metaplanet’s Bitcoin strategy faces fundraising crunch as stock sinks: Report

Metaplanet’s stock has plunged 54% since mid-June, forcing the Tokyo-listed firm to seek alternative fundraising as its share-based “flywheel” falters. Metaplanet, the Tokyo-listed firm aggressively accumulating Bitcoin, is facing mounting pressure as its share price tumbles, threatening the fundraising model it has used to build one of the largest corporate Bitcoin treasuries globally. The company’s…

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