Tether buys 9M Bitcoin for Twenty One Capital

Tether buys $459M Bitcoin for Twenty One Capital

Tether added another 4,812 Bitcoin to Twenty One Capital’s Bitcoin holdings, currently trading under Cantor Equity Partners until the firms finalize a merger. Stablecoin issuer Tether bought $458.7 million worth of Bitcoin for Twenty One Capital, a Bitcoin investment firm it backed that’s awaiting the completion of a Special Purpose Acquisition Company (SPAC) merger with…

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Coinbase considered Saylor-like Bitcoin strategy before opting out: Bloomberg

Coinbase considered Saylor-like Bitcoin strategy before opting out: Bloomberg

Coinbase reportedly considered adopting a Michael Saylor–style Bitcoin investment strategy on multiple occasions since it launched in 2012, but opted out each time. Coinbase reportedly considered adopting a Bitcoin investment playbook like Michael Saylor’s Strategy on multiple occasions, but decided against it each time out of fear that it would kill the firm’s crypto exchange,…

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Bitcoin hits 1.7K as US strategic reserve bills become law and BTC mass adoption accelerates

Bitcoin hits $101.7K as US strategic reserve bills become law and BTC mass adoption accelerates

The impact of positive Bitcoin-related legislative and regulatory progress finally trickles down to BTC price as the top cryptocurrency rallies above $101,000. Key takeaways: Bitcoin rallies to $101,707 against a backdrop of strong fundamentals in the regulatory and traditional finance space. Traders are confident that $100,000 will hold as support. Read more If you liked…

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Saylor signals impending Bitcoin purchase following Q1 earnings call

Saylor signals impending Bitcoin purchase following Q1 earnings call

Strategy co-founder Michael Saylor posted the Bitcoin chart signaling an impending Bitcoin purchase by the company the following day. Strategy co-founder Michael Saylor hinted at an impending Bitcoin (BTC) purchase, marking the fourth consecutive week of purchases by the BTC treasury company. The company’s most recent acquisition occurred on April 28 when Strategy purchased 15,355…

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