The Case for Including Bitcoin in Official Reserves—and Why It Won’t Become the Global Reserve Currency Anytime Soon

Bitcoin has strengthened its place as a tactical asset for reserve managers and national governments alike in recent years, but contrary to some opinions, it is still a long way from becoming a suitable global reserve currency. Even as governments in the Philippines announce initial plans to include the asset in their reserves and President … Read more

Oklahoma Lawmaker Proposes Bitcoin Reserve Act to Protect State Finances

A proposed Oklahoma bill seeks to integrate bitcoin into state savings and pensions, aiming to safeguard purchasing power and position the state as a leader in digital assets. State Finances Meet Bitcoin: Oklahoma Lawmaker’s Strategic Reserve Plan Oklahoma State Rep. Cody Maynard announced on Wednesday that he has introduced the Strategic Bitcoin Reserve Act, proposing … Read more

Michael Saylor Pushes Strategic Bitcoin Reserve Citing America’s Historic Acquisitions

Michael Saylor advocates for a strategic bitcoin reserve, highlighting its potential transformative impact through historic U.S. investments, such as Manhattan and California acquisitions. Strategic Bitcoin Reserve: Michael Saylor’s Vision for America’s Digital Future Michael Saylor, executive chairman of software intelligence firm Microstrategy (Nasdaq: MSTR) and a leading bitcoin advocate, has highlighted the potential of a … Read more

Semler Scientific Expands Bitcoin Holdings to Over 1,500 BTC

Semler Scientific, Inc. announced updates on its bitcoin (BTC) holdings and capital markets activities, highlighting its evolving strategy in cryptocurrency and equity offerings. Semler Scientific Reports 58.4% Bitcoin Yield as Key Performance Indicator Between Nov. 18 and Nov. 22, Semler Scientific (Nasdaq: SMLR) purchased 297 bitcoins for $29.1 million, averaging $97,995 per bitcoin, including fees. … Read more

US Senator Pushes Gold Sales to Kickstart Massive Bitcoin Reserves

A U.S. senator has proposed selling gold reserves to create a strategic bitcoin reserve, a revolutionary move to bolster the dollar and tackle U.S. national debt. Selling Gold for Bitcoin: US Senator’s Game-Changing Proposal U.S. Senator Cynthia Lummis (R-WY) shared insights during a Thursday interview with CNBC as bitcoin reached a historic peak. She attributed … Read more

US State Introduces Bill to Establish Bitcoin Reserves in Treasury Funds

A Pennsylvania lawmaker has introduced a bill allowing state funds to invest in bitcoin as a hedge against inflation, aiming to strengthen financial stability. Bill Introduced in Pennsylvania to Build Bitcoin Reserves for State Funds Pennsylvania State Representative Mike Cabell announced Tuesday that he is introducing a bill to allow the state’s Treasury and pension … Read more