Metaplanet Boosts Bitcoin Holdings with a $6.7 Million Purchase
TL;DR Metaplanet has purchased 108,786 BTC worth $6.7 million. This acquisition brings their total bitcoin holdings to 639,503 BTC. The firm has generated an additional...
Tag : bitcoin
Bitwise Announces Transformation of Crypto Futures ETFs to Dynamic Rotation Strategies
TL;DR Bitwise Asset Management will transform three of its cryptocurrency futures ETFs starting on December 3. 2024, implementing a dynamic rotation strategy. The new “Trendwise”...
TeraWulf Sells 25% Stake in Bitcoin Mining Facility for $92 Million
TL;DR TeraWulf sells a 25% stake in Nautilus Cryptomine for $92 million, including $85 million in cash and 30,000 Bitcoin miners, achieving a 3.4x return...
Bitcoin Spot ETFs See $54M Outflow, BlackRock’s IBIT Resilient
TL;DR US Bitcoin ETFs saw a net outflow of $54 million in a single day, led by Fidelity and Ark Invest. BlackRock’s IBIT bucked the...
Metaplanet Profits from Bitcoin Put Options Sale
TL;DR Significant Gain: Metaplanet earned 23.97 BTC (approx. $1.4 million) by selling 223 Bitcoin put options at a strike price of $62,000 per BTC, maturing...
Robert Kiyosaki: Bitcoin Will End the Era of Fiat Money
TL;DR Robert Kiyosaki claims that Bitcoin will lead to the collapse of fiat currencies, such as the US dollar. He criticizes the current economic management...
Metaplanet Expands Bitcoin Holdings with $6.9 Million Purchase
TL;DR Metaplanet has acquired an additional 107.91 BTC, bringing the total to over 500 bitcoins. The purchase was financed with a $6.8 million loan from...
Bitcoin ETFs See Strong Inflows as Investor Confidence Grows
TL;DR Bitcoin spot ETFs in the U.S. recorded a net inflow of $365.57 million on September 26. BlackRock and Ark Invest led the flows with...
U.S. Bitcoin Holdings Surge as BlackRock Leads ETF Inflows
TL;DR The United States is regaining its lead in Bitcoin holdings, driven by demand for ETFs. BlackRock has recorded the largest monthly inflow into its...
Bitcoin Behaves Like a ‘Risk-off’ Asset Rather Than a ‘Risk-on’ Asset
TL;DR Robbie Mitchnick, BlackRock’s head of digital assets, believes that Bitcoin should not be classified as a risk asset, despite its recent correlation with the...