Adam Back recently hinted during a live CNBC appearance that his company BSTR is set to purchase $800 million worth of Bitcoin, suggesting a bullish outlook for the cryptocurrency. This move comes as BSTR is advancing with its SPAC merger, aiming for shareholder approval in April, and follows Back’s assessment that the recent downturn in Bitcoin’s price has been primarily influenced by macroeconomic factors rather than regulatory issues.
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Goldman Sachs announced in a new filing that it holds significant amounts of cryptocurrencies, including $1.1 billion in Bitcoin, $1 billion in Ethereum, $153 million in XRP, and $108 million in Solana. This move comes […]
Eric Trump announced that their companies now hold over $500 million in Bitcoin and other cryptocurrencies, highlighting the Trump family’s deepening involvement in the digital asset space. This move aligns with Eric Trump’s recent statements […]
Amundi, the largest asset manager in Europe, has significantly increased its stake in Strategy by purchasing an additional 3.77 million shares, bringing its total holdings to 4.79 million shares valued at $641 million—a 373% increase. […]