Tether increases its Bitcoin and gold holdings to $4.8B and $5B respectively
Tether (USDT) circulation surged to $120B, marking a 30% increase in 2024. Tether’s Bitcoin and gold holdings increased to $4.8B and $5B, respectively. Tether’s net equity doubled to $14.2B, while it faces ongoing legal challenges. Tether has announced a substantial increase in its Bitcoin and gold reserves, as detailed in its latest Q3 2024 Consolidated […]
Michael Saylor’s bet on Bitcoin paying off, his BTC holdings now valued at $1B
Michael Saylor personally holds $1 billion in Bitcoin, owning 17,732 BTC. MicroStrategy holds 226,500 BTC, valued at over $12 billion, with a $37,000 average cost. Saylor views Bitcoin as a superior, secure asset and advocates continuous investment. In a recent interview on Bloomberg Television, Michael Saylor, the Chairman of MicroStrategy, revealed he holds Bitcoin worth […]
MicroStrategy boosts Bitcoin holdings with $615M purchase, eyes 1% of supply
MicroStrategy acquires 14,620 BTC for $615.7M, pushing total holdings to 189,150 BTC at $5.9B. CEO Michael Saylor remains bullish on Bitcoin, considering it the world’s most valuable asset class. The company’s proactive crypto strategy aligns with growing institutional interest, eyes 1% of Bitcoin supply. MicroStrategy (NASDAQ: MSTR), the business intelligence giant led by CEO Michael […]
Bitcoin shrimps holdings jump to 1.31 million BTC
Bitcoin wallets with less than 1 BTC now hold an all-time high of 1.31 million coins. Shrimps have been adding an average of 26,000 BTC every month, data shows. The growth of the shrimp cohort is a positive development for the Bitcoin network. The amount of Bitcoin held by “shrimps” – those wallet entities that […]
Ethereum whales are boosting their Shiba Inu holdings
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Bitcoin shrimps add record BTC to their holdings in November
Bitcoin price plummeting after FTX’s implosion in November provided shrimps – people with less than 1 BTC an opportunity to add to their balances at low prices. According to new on-chain data tracking shrimp holdings, the cohort bought 96.2k more BTC in the 30 days after FTX collapsed. The cohort’s holdings saw an all-time balance […]
Dogeliens, Shiba Inu, and FTX Token are 3 Potentially Profitable Cryptocurrencies for Long-Term Holdings
As the crypto market is going through a rough patch, Dogeliens, Shiba Inu and FTX tokens might help the investors gain profits they are looking for. Source link