By Emir Abyazov BlackRock (BLK) has turned its Bitcoin ETF into a dominant force in the cryptocurrency market—the iShares Bitcoin Trust (IBIT) fund has just passed the 700,000 Bitcoin mark. That represents $75.5 billion, and the figure continues to grow every day. 🚨 Blackrock Buys 1388 Bitcoin Now Holds 700,000 BTC 🤯 pic.twitter.com/RsQVEnqcqb — Thomas […]
Tag: SEC
By Marco Piccolo Key highlights: Strategy (formerly MicroStrategy) aims to raise up to $4.2 billion via a new at-the-market (ATM) offering of its 10% Series A Perpetual Stride Preferred Stock (STRD). Proceeds are intended for general corporate purposes, including further Bitcoin acquisitions. The company currently holds 597,325 BTC, valued at over $65 billion, accounting for […]
By Emir Abyazov Trading firm QCP Capital has released a new report in which analysts note Bitcoin’s strengthening position amid growing institutional demand. The firm emphasizes that corporate purchases of the digital asset have surpassed those made through exchange-traded funds for the third consecutive quarter. According to QCP Capital, Bitcoin is showing resilience even amid […]