Corporate Bitcoin treasury adoption has hit a huge milestone, reaching 1 million Bitcoin as more companies tout Bitcoin’s potential to bolster their balance sheets. BitcoinTreasuries.NET confirmed the feat on Thursday, with a few additional purchases pushing the tally to 1,000,698 Bitcoin, worth over $111 billion. While Bitcoin miners like MARA Holdings were the OG Bitcoin accumulators, Michael Saylor’s Strategy was the first public company to adopt a Bitcoin (BTC) strategy in August 2020 — paving the way for many of the 184 listed companies that hold Bitcoin today. Saylor’s company…
Tag: Million
20 Million New SUI Tokens Push Treasury To New High – Details
SUI Group Holdings moved again in the market, adding 20 million SUI to its holdings and lifting its total to about 102 million tokens, a stash worth roughly $344 million at current prices. The Minnesota-based company, which trades on Nasdaq under the ticker SUIG, bought the tokens through an arrangement tied to the Sui Foundation, a press release dated September 3 shows. The deal, reports have disclosed, gives SUI Group access to discounted, locked tokens that are not available on the open market. Crypto Holdings And Staking Most of the…
Public Companies Now Hold Over 1 Million Bitcoin, Data Shows
Publicly traded companies now collectively hold more than 1 million bitcoin, marking a milestone that represents nearly 5% of the cryptocurrency’s fixed 21 million supply, according to bitcointreasuries.net. Listed Companies Amass 1,000,000+ BTC; Strategy Remains No. 1 As of today’s tally, bitcointreasuries.net shared an image that shows publicly traded firms controlling more than 1 million […] Original
Bitcoin ETFs Rally Adds $301 Million as Ether Logs Third Day of Outflows
Bitcoin ETFs saw strong inflows of $301 million on September 3, led overwhelmingly by Blackrock’s IBIT, while ether ETFs marked their third consecutive day of outflows with $38 million lost, dragged down by a massive exit from ETHA. Crypto ETFs Diverge Again: BTC Surges While ETH Drags With $38 Million Exit Momentum is swinging back […] Original
CIMG Closes $55 Million Share Sale, Receives 500 Bitcoin in Payment
CIMG Inc. has completed a $55 million stock sale, accepting payment in bitcoin and adding 500 BTC to its balance sheet. The move reflects the company’s shift toward a long-term bitcoin reserve strategy. $55 Million Stock-for- BTC Deal Sees CIMG Adopt Bitcoin Treasury Strategy CIMG Inc. (Nasdaq: IMG), a global digital health and sales development […] Original
ETF Flows Split: Bitcoin Funds Gain $333 Million Inflow as Ether ETFs Bleed $135 Million
Bitcoin exchange-traded funds (ETFs) kicked off September with a strong $333 million inflow, while ether ETFs struggled, recording a $135 million outflow. BTC Gains Momentum While ETH Faces Fresh Outflows September opened with a clear split in sentiment between the two biggest crypto ETF markets. Investors poured money into bitcoin funds, while ether products suffered […] Original
DOGE Price Eyes $1 Rally After $175 Million Dogecoin Treasury Announcement
Key Notes Expectations of the Fed rate Cuts in September could drive the DOGE price higher, with analysts predicting a rally to $1. Dogecoin whales controlling roughly 24.19 billion tokens have shown minimal trading activity, waiting for clearer market signals. CleanCore Solutions stock price has tanked more than 50%, despite $175 million Dogecoin treasury plan. Despite the current selling pressure, DOGE DOGE $0.22 24h volatility: 0.9% Market cap: $32.51 B Vol. 24h: $1.98 B price has bounced back from the support at $0.205 earlier today. This comes as CleanCore Solutions…
$450 Million Purchase Sends Total Holdings To New Highs
Strategy, the largest Bitcoin (BTC) treasury company formerly known as MicroStrategy, has reinforced its vision to accumulate Bitcoin by acquiring nearly $450 million worth of the market’s leading cryptocurrency. This move comes as the firm’s co-founder, Michael Saylor, remains optimistic about the digital asset’s long-term potential, even in the face of recent price corrections that have seen Bitcoin dip over 10% below its all-time highs. Strategy Continues Bitcoin Buying Spree In a recent update shared on X (formerly Twitter), Saylor revealed that Strategy acquired 6,048 Bitcoin for a total price…
Strategy Buys the Dip, Stacks New 4,048 Bitcoin for $449 Million
Key Notes Strategy recently purchased 4,048 Bitcoin for $449.3 million, after buying 3,081 BTC for $357 million the previous week. The latest acquisitions bring its total holdings to 636,505 BTC. The firm continues to show a strong commitment to its BTC acquisition strategy. While many investors and whales are emptying their Bitcoin BTC $111 252 24h volatility: 2.0% Market cap: $2.21 T Vol. 24h: $47.42 B holdings amid a price dip, business intelligence and software firm Strategy Inc. is buying the dip. The Michael Saylor-led firm recently acquired 4,048 Bitcoin…
Gemini Targets $317 Million in IPO, Valuing Exchange at $2.2 Billion
Crypto exchange Gemini has filed plans for a U.S. initial public offering that could raise up to $317 million and value the firm at about $2.22 billion. The offering marks a significant step for the Winklevoss twins’ company as crypto businesses test renewed appetite in public markets. Gemini Moves Toward Nasdaq Listing Gemini Space Station, Inc. said it intends to list its Class A common stock on the Nasdaq Global Select Market under the ticker “GEMI.” The firm will offer 16.67 million shares priced between $17 and $19 each. Underwriters…