MicroStrategy sets the golden example of laser focus as they raise U.S. $700 million through convertible notes to buy more #bitcoin.
🇧🇹 Bhutan 🇧🇹 has mined U.S. $780 million in #bitcoin using renewable hydropower, becoming the world's 4th-largest government bitcoin holder.
The Federal Reserve meeting is set for Tuesday, with growing momentum behind expectations of a significant 50 basis point rate cut which would positively influence the #bitcoin unit price.
It is worth noting that Trump's potential second assassination attempt has had little to no effect on the #bitcoin unit price.
According to data from River Financial companies have grown their #bitcoin holdings collectively by 587% over the past four years.
Following legalization of #bitcoin mining in 🇷🇺 Russia 🇷🇺, 15 new datacenters are planned in the Komi Republic.
Robert Kiyosaki: The only facts that count are how many #bitcoins and how many gold coins an invester has.
Michael Saylor: Do you trust that chair you're sitting on? Are you all-in on that chair?".
#ARK Invest has released a report on #bitcoin indicating that on chain health metrics are in good standing. Amongst others , network usage, security and holder behaviour are all in the green.
Maximalists could maybe look past cbBTC's altcoin nature (a 1:1 backed tokenized BTC running on PoS chains) as it is basically another product using #bitcoin as a reserve. It will bring attention from the broader DeFi community. cbBTC has hit U.S. $100 Million market capitalization in the first day.
#bitcoin continues to trend upwards this week as 🇸🇻 El Salvador 🇸🇻 continues its daily accumulation. The nation state currently holds U.S. $340 Million in #bitcoin.
MicroStrategy buys 18,300 #bitcoin for U.S. $1.1 Billion. This brings their holdings to a total of 244,800.
Worth noting that #bitcoin dominance has increased steadily all year with a 15.85% increase.
CleanSpark will acquire 7 additional #bitcoin mining facilities in Tennessee for $27.5 million expecting to achieve 37 EH/s by the end of the year!
MARA mining pool CEO stated that not holding enough #bitcoin is a national security concern for the US. Following this, the company aquired more BTC bringing total holdings to 26.6 thousand BTC worth U.S. $1.5 Billion.
It is interesting and bullish to see Blackrock's blatent billing of #bitcoin as a hedge against declining trust in goverments and the fiat system.
U.S. $1400 Covid Stimulus cheque if used on stacking is now worth almost 12 thousand dollars!
#Bitcoin transaction fee is currently just 3 sat/vB making it a ideal time for some UTXO consolidation!