In a notable shift towards digital assets, central banks are increasingly investing in companies with significant cryptocurrency exposure. This trend is exemplified by recent moves from the Norwegian Central Bank, known as Norges Bank, and the Swiss National Bank (SNB)
Read MoreJapan-based Metaplanet Inc., a publicly traded company, has reaffirmed its commitment to Bitcoin by completing a significant acquisition of 57.103 BTC, valued at approximately 500 million yen or $3.3 million.
Read MoreMicroStrategy, a prominent corporate holder of Bitcoin, has reported a second consecutive quarterly loss while significantly expanding its digital asset portfolio. The company's latest earnings reveal a net loss of $123 million for the second quarter of 2024, an improvement from the $137 million loss reported in the previous quarter.
Read MoreLess than a week after its launch, the "Bitcoin for Corporation" initiative has gained significant traction with the inclusion of Japanese investment firm Metaplanet Inc (TYO: 3350) as a founding member.
Read MoreFollowing a recent ¥250 million purchase, Japanese investment firm Metaplanet has again bolstered its Bitcoin holdings, this time to the tune of ¥400 million (roughly $3.7 million USD).
Read MoreMicroStrategy, a leading business intelligence firm, has seen its substantial investment in Bitcoin soar to an impressive valuation of nearly $15 billion. The company's bold bet on the cryptocurrency has proven to be a lucrative venture, as the price of Bitcoin continues to rise.
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