By Ethan Defiant Optimism: MicroStrategy’s Michael Saylor dismisses “crypto winter” fears, declaring Bitcoin’s path is either “zero or $1 million”—with zero looking increasingly improbable. Supply Squeeze: Only 450 new BTC enter circulation daily $50M at current prices), while institutional demand soaks up supply. Corporate Dominance: Public companies like MicroStrategy now hold 582,000 BTC $63.85B), while […]
Tag: IBIT
By Marco Piccolo Trump Media & Technology Group (DJT), the parent company of the Truth Social platform, has taken a significant step toward entering the cryptocurrency investment space with the filing of a spot Bitcoin ETF named the Truth Social Bitcoin ETF. Dual filings set the ETF process in motion The fund, sponsored by crypto […]
By Marco Piccolo Strategy (formerly known as MicroStrategy) has made another significant addition to its Bitcoin portfolio, acquiring 4,020 BTC for approximately $427 million. The purchase brings the firm’s total Bitcoin holdings to 580,250 BTC, solidifying its position as the largest corporate holder of the asset. The acquisition was financed through a trio of at-the-market […]