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Michael Saylor has addressed concerns about $100,000 bitcoin being “too expensive,” revealing a confident strategy rooted in its unmatched value and future potential. Michael Saylor on $100K Bitcoin: A Strategic Bet on Future Value Michael Saylor, executive chairman of Microstrategy, addressed concerns about bitcoin’s rising price in a discussion with Barstool Sports founder Dave Portnoy … Read more
Blackrock has emphasized bitcoin’s growing portfolio significance, recommending a measured allocation strategy akin to mega-cap tech stocks. Bitcoin Meets the ‘Magnificent 7’: Blackrock’s Allocation Recommendation Blackrock Investment Institute (BII), a research division of Blackrock, the world’s largest asset manager, published a report titled “Sizing bitcoin in portfolios” on Thursday. The report examines bitcoin’s distinct characteristics, … Read more
Peterffy wants to see more investors add bitcoin to their assets but keep their holdings to a minimum. Investors Should Add Bitcoin to Assets Billionaire founder of Interactive Brokers Group, Thomas Peterffy has advised clients to acquire some bitcoin but to keep their holdings small due to the volatility of the asset. Speaking on Wednesday … Read more
A policy that could allow the use of bitcoin in city financing has been enacted by the Vancouver City Council. Vancouver Votes to Get Ahead on Bitcoin Vancouver, the third-largest metropolitan area in Canada, has passed a policy that could result in the use of bitcoin in city finances. The council of the Canadian city … Read more
The recommendation applies to investors who wish to hold Bitcoin, the asset manager said. Go to Source
The draft legislation suggested that Texas residents could fund the Bitcoin reserve through voluntary donations. Go to Source
Australia has a superannuation system requiring employers to allocate a portion of an employee’s earnings to a retirement account. Go to Source
Fourteen years ago, Satoshi Nakamoto, the enigmatic mind behind Bitcoin, signed off with a final post on the Bitcointalk forum. In this farewell, Nakamoto emphasized the need for continued work on the network’s defenses against denial-of-service (DoS) attacks. Bitcoin’s Creator Speaks One Last Time: A Look Back 14 Years Later Fast forward to today, and … Read more
On Thursday, Dec. 12, Texas Representative Giovanni Capriglione introduced a bill to establish a bitcoin reserve as a financial asset within the state treasury, marking a significant step toward incorporating cryptocurrency into public financial management. Giovanni Capriglione Introduces Bill for State Bitcoin Reserve The legislation, titled the Texas Strategic Bitcoin Reserve Act, outlines the creation … Read more
Bitcoin whales are back in buy mode as BTC price strength continues despite a new stagflation jolt for the US Federal Reserve. Go to Source