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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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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Will Bitcoin price drop in September?

Will Bitcoin price drop in September?

Bitcoin is in position for a rebound toward $124,500 in September, even as history brands the month as one of its weakest. Key takeaways: Bitcoin may avoid a big September drop and could aim for new highs soon. A weaker dollar and Fed rate cuts can be significant tailwinds for BTC price. Read more If…

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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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