Metaplanet, a publicly listed Japanese company, is aiming to significantly increase its holdings of bitcoin to 10,000 coins. Metaplanet Solidifies Position as Asia’s Leading BTC Treasury Company Simon Gerovich, CEO of publicly traded Japanese company Metaplanet Inc., said the company aims to expand its bitcoin (BTC) holdings to 10,000 coins. He said the company will […] Original
CleanSpark Inc., a publicly traded Bitcoin mining company, mined 668 Bitcoin in December 2024. The company sold 12.65 Bitcoin during the same period at an average price of $101,246 per Bitcoin (BTC). By year-end, CleanSpark held 9,952 Bitcoin in its reserves, according to a company release. For 2024, CleanSpark reported mining a total of 7,024 Bitcoin, marking a significant increase in its operational capacity. The company’s computing power, or hashrate, grew to 39.1 exahashes per second, reflecting the speed and power of its mining operations. Additionally, CleanSpark improved its energy…
MicroStrategy, the business intelligence firm known for its aggressive Bitcoin investment strategy, acquired an additional 1,070 BTC last week for approximately $101 million. The company disclosed the purchase in an SEC filing on Jan.6, noting an average acquisition price of $94,004 per Bitcoin (BTC). This latest acquisition brings MicroStrategy’s total Bitcoin holdings to 447,470 BTC, purchased at an aggregate cost of $27.97 billion, including fees and expenses. The company’s average price per Bitcoin now stands at $62,503. At current market rates, the value of MicroStrategy’s Bitcoin holdings exceeds $44 billion,…
On Mon., Jan. 6, 2025, business intelligence firm Microstrategy unveiled its latest acquisition: 1,070 BTC for approximately $101 million. This purchase elevates the company’s holdings to a monumental 447,470 BTC. Michael Saylor, Microstrategy’s founder, had hinted at the move the previous afternoon, cryptically noting, “Something about Saylortracker.com is not right.” Saylor has made a habit […] Original
MARA Holdings (MARA), the largest bitcoin (BTC) miner by market capitalization, said it is lending 7,377 BTC to third parties to generate a return on its holdings and cover some operating costs. In a production report released Friday, MARA did not identify the borrowers nor reveal other details regarding the program, which ties up about 16% of its bitcoin. Robert Samuels, the company’s vice president of investor relations, said in a post on X that it is earning a yield of less than 10%. “There has been significant interest in…
According to an operations and production update from MARA Holdings, a publicly traded bitcoin mining company, the firm has extended 7,377 BTC in loans to third parties to achieve a modest yield. ‘Significant Interest’ — MARA Holdings Explains Bitcoin Lending Program MARA Holdings (Nasdaq: MARA), a prominent bitcoin miner, has disclosed updates on its BTC […] Source CryptoX Portal
Marathon Digital Holdings reports December 2024 Bitcoin production and mining metrics, showing continued operational progress. Marathon Digital Holdings reported a 15% increase in its energized hash rate to 53.2 exahashes per second, exceeding its year-end target of 50 EH/s. However, Bitcoin (BTC) production fell slightly, down 2% from November to 890 BTC, which MARA attributed to “luck” variations in mining, per CEO Fred Thiel. MARA’s December 2024 #Bitcoin Production Update is here: – Energized Hash Rate Increased 15% to 53.2 EH/s– 249 Blocks Won (890 BTC), the Second Most Blocks in…
A collaborative study from Bybit and Block Scholes provides an in-depth examination of bitcoin (BTC) and ether (ETH) derivatives, shedding light on market behavior during the pivotal 2024 year-end options expiration. Bitcoin and Ethereum Open Interest: Bybit and Block Scholes Report Highlights a Picture of Stability The Bybit and Block Scholes analysis shared with Cryptox.trade […] Source CryptoX Portal
BlackRock’s iShares Bitcoin Trust (IBIT) recorded its highest single-day outflow on Jan. 2, as the 12 Bitcoin exchange-traded funds collectively experienced $242.3 million in outflows when trading resumed in the U.S. According to data from SoSoValue, BlackRock’s spot BTC ETF recorded $332.62 million in outflows on Thursday marking its largest-ever outflow day since its launch on Jan. 11, 2024. The outflows seen by the BTC ETF extended their outflow streak to three consecutive days marking another record, which saw $392.6 million withdrawn from the fund. The recent outflows may be…
Michael Saylor’s bitcoin poll shows 77.7% of investors plan to boost their bitcoin holdings in 2025, signaling strong confidence in the cryptocurrency’s long-term potential. Saylor’s Poll Reflects Bitcoin Bullishness Among Investors Michael Saylor, the executive chairman of software intelligence firm Microstrategy (Nasdaq: MSTR) and a notable advocate in the bitcoin community, conducted a poll on […] Original