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 […]
Tag: IBIT
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 […]
By Marco Piccolo Standard Chartered Bank is doubling down on its bold forecast that Bitcoin will reach a price of $500,000 by 2029, citing a surge in indirect government exposure to the asset through institutional investment vehicles. The British multinational bank believes that growing sovereign interest in Bitcoin proxies, especially Strategy (MSTR) shares, supports its […]