Businesses are absorbing Bitcoin 4x faster than it is mined: Report

Businesses are absorbing Bitcoin 4x faster than it is mined: Report

Businesses are outstripping miner output several times over, potentially triggering a supply shock if exchange reserves continue to dwindle. Private businesses and public companies are absorbing Bitcoin (BTC) nearly four times faster than the rate at which miners are producing new coins, according to Bitcoin financial services company River. These businesses included publicly traded Bitcoin…

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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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Semiconductor company Sequans is raising 0M to buy Bitcoin

Semiconductor company Sequans is raising $200M to buy Bitcoin

French chipmaker Sequans has said it is looking to accumulate 100,000 Bitcoin within five years in an aggressive treasury strategy. French semiconductor company Sequans Communications filed for a $200 million at-the-market equity offering on Monday to fuel its Bitcoin treasury strategy — with the longer-term aim to amass 100,000 Bitcoin by 2030. The program will…

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Saylor signals third consecutive Strategy Bitcoin buy in August

Saylor signals third consecutive Strategy Bitcoin buy in August

Strategy continues accumulating Bitcoin for its corporate treasury despite a fall in share prices from the peak reached in November 2024. Strategy co-founder Michael Saylor signaled an impending Bitcoin (BTC) purchase, and, if completed, the transaction will mark the company’s third BTC acquisition in August. The company’s most recent Bitcoin buy occurred on August 18,…

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Bitcoiners’ skepticism over institutions isn't going away: Preston Pysh

Bitcoiners’ skepticism over institutions isn't going away: Preston Pysh

Concerns are rising among Bitcoiners over institutions doing “institutional-like things” with Bitcoin, Preston Pysh said in a recent podcast interview. Early Bitcoin adopters aren’t likely to stop being skeptical of institutional adoption anytime soon, says Bitcoin venture fund Ego Death Capital co-founder, Preston Pysh. “Part of that culture that brought it to where it is,…

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