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KULR Technology Group secured a $20 million credit facility from Coinbase Credit to fund bitcoin purchases. KULR to Fund Bitcoin Purchases With $20M Coinbase Loan According to the announcement published on Tuesday, KULR Technology Group Inc. obtained a $20 million credit facility from Coinbase Credit Inc., a subsidiary of Coinbase Global Inc. The agreement, announced … Read more
Semler Scientific Inc. (SMLR), the Nasdaq-traded healthcare tech firm, picked up another 187 bitcoin between June 4 and July 2, spending close to $20 million in the process. Semler Purchases 187 Bitcoins The company, Semler Scientific Inc. (Nasdaq: SMLR), filed the update with the U.S. Securities and Exchange Commission (SEC) on Monday, noting it paid … Read more
The company now owns more than $192 million worth of BTC and touts a “Bitcoin yield” of more than 99%, it said. Go to Source
According to an announcement unveiled on Monday, Matador Technologies Inc., a Canadian publicly listed outfit, declared it’s adding bitcoin to its balance sheet. Matador Technologies Aims to ‘Future-Proof’ Its Treasury Matador, a crypto venture launched in 2014, trades on the TSX Venture Exchange with the ticker MATA, and will now keep bitcoin (BTC) in its … Read more
Metaplanet’s latest Bitcoin purchase makes it the second-largest corporate Bitcoin holder in Asia behind Boyaa Interactive International, which holds 1,100 BTC. Go to Source
Corporate adoption of bitcoin has experienced a significant surge in 2024, according to a recent report from River, a U.S.-based bitcoin-focused financial services company. The report highlights the growing role of bitcoin in business treasuries, offering insights into key trends and future projections. Corporate Interest in Bitcoin Spikes, U.S. Companies Dominate Holdings River’s report indicates … Read more
The firm’s third Bitcoin purchase since April 23 brings its total holdings to 141.07 Bitcoin, worth over $9.6 million. Go to Source
El Salvador has been buying one bitcoin a day since 2022, according to President Nayib Bukele, who confirmed that his country’s “1 bitcoin a day program” will continue until the cryptocurrency “becomes unaffordable with fiat currencies.” The bitcoins acquired from El Salvador’s daily purchases are also deposited into the same wallet address used for the … Read more
El Salvador has transferred “a big chunk” of its bitcoin holdings to a cold wallet, President Nayib Bukele has announced. “You can call it our first bitcoin piggy bank,” he said. As of writing, the wallet’s balance totals approximately 5,690 bitcoins. El Salvador Establishes Its First ‘Bitcoin Piggy Bank’ El Salvador’s President Nayib Bukele announced … Read more
President Nayib Bukele of El Salvador has indicated that his country’s bitcoin holdings may exceed public estimates. He revealed that El Salvador has been generating bitcoin-related revenue from various sources in addition to the capital gains from bitcoin purchased since its legalization as a legal tender in the country. ‘El Salvador Is Bitcoin Country’ El … Read more
