Bitcoin Magazine Feed

Bitcoin Magazine Strategy Buys $1.92 Billion Worth of Additional Bitcoin Business intelligence company Strategy continued stacking sats by acquiring 22,048 bitcoin worth nearly $2 billion. According to a March 31 SEC filing, Strategy purchased the coins for $1.92 billion last week, or around $86,969 per bitcoin. This boosted the company’s total bitcoin treasury to 528,185

Bitcoin Magazine Trump Family Is Investing In A Bitcoin Mining Company The Trump family is expanding its growing bitcoin and crypto portfolio by investing in a new bitcoin mining venture called American Bitcoin. Donald Trump Jr. and Eric Trump are merging their firm, American Data Centers, with Hut 8, a publicly traded bitcoin miner, to

Bitcoin Magazine Proposed South Carolina Bill Lets State Treasurer Invest 10% Of State Funds In Bitcoin Yesterday, Rep. Jordan Pace reintroduced Bill H. 4256, The “Strategic Digital Assets Reserve Act Of South Carolina”, into South Carolina’s House of Representatives. Highlights from the bill include the fact that it enables the State Treasurer to invest up

Bitcoin Magazine FDIC Says Banks Can Engage In Bitcoin And Crypto Without Prior Approval The Federal Deposit Insurance Corporation (FDIC) has issued new guidance allowing banks it supervises to engage in bitcoin and crypto activities without seeking pre-approval. This reverses a controversial policy imposed under the Biden administration. In a March 28 statement, the FDIC

Bitcoin Magazine Bitcoin Covenants: CHECKTEMPLATEVERIFY (BIP 119) The is the first article deep diving into individual covenant proposals that have reached a point of maturity meriting an in depth breakdown.  CHECKTEMPLATEVERIFY (CTV), put forward by Jeremy Rubin with BIP 119, is the most mature and fully fleshed out covenant proposal, not only out of the

Bitcoin Magazine Is Bitcoin’s Bull Market Truly Back? Following a sharp multi-week selloff that dragged Bitcoin from above $100,000 to below $80,000, the recent price bounce has traders debating whether the Bitcoin bull market is truly back on track or if this is merely a bear market rally before the next macro leg higher. Bitcoin’s

Bitcoin Magazine How to Measure the Success of a Bitcoin Treasury Company In the world of traditional finance, evaluating a company’s success usually means tracking revenue growth, earnings per share, or return on equity. But what happens when the core of a company’s strategy isn’t selling products or services, but accumulating Bitcoin? That’s the question

Bitcoin Magazine Proposed Bipartisan Legislation Recognizes Bitcoin As A Technology That Supports Democracy On Wednesday, the office of Rep. Gabe Amo issued a press release stating that Rep. Amo and Rep. Kim (R-CA) reintroduced a bipartisan resolution supporting the use of distributive ledger technologies (DLT), including blockchain, to “support democratic governance, human rights, freedom of

Bitcoin Magazine Hardware Wallets: Bitcoin’s Biggest Adoption Barrier There are roughly half a billion crypto users around the world and, at the most generous estimate, only 2.5% are using hardware wallets. That’s a tiny number, but I’m relieved it’s not higher.  Why? Because I want people to on-board to Bitcoin by the billion, and I

Bitcoin Magazine GameStop Announces $1.3 Billion Fundraising Plan to Purchase Bitcoin GameStop Corp. (NYSE: GME) announced today that it intends to raise $1.3 billion through a private offering of convertible senior notes and will use the net proceeds from this offering for general corporate purposes, including the acquisition of Bitcoin. The move comes a day