Tag: Bitcoin

Japan’s Metaplanet Offers Bitcoin Rewards to Shareholders

Summary: Metaplanet is spicing things up by making sure shareholders are rewarded with juicy Bitcoin through a lottery system. The Tokyo-based firm aims to boost engagement while flexing its partnership with SBI VC Trade.

BTC Perks for Shareholders

Tokyo-listed Metaplanet is flipping the script on shareholder benefits. The company just announced a Bitcoin reward program tied to its collaboration with SBI VC Trade, a crypto-focused subsidiary of SBI Holdings. Shareholders holding at least 100 shares by Dec. 31 can score Bitcoin prizes through a lottery. To join, participants need to register on a special site by March 31, 2025.

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A total of 30 million yen (~$199,500) in BTC is up for grabs, with prizes ranging from $66 to $664 worth of Bitcoin. It’s all about boosting shareholder vibes and getting more eyes on Bitcoin adoption.

Stock Pump and BTC Strategy

The announcement gave Metaplanet’s stock a 4.58% glow-up, hitting $16. The firm also plans to raise $62M via stock acquisition rights to bulk up its Bitcoin holdings for treasury management. CEO vibes? Forward-thinking, with a side of crypto innovation.

This move is yet another step in Japan’s growing embrace of Bitcoin, and Metaplanet’s pivot shows how traditional firms can make crypto rewards a win-win for shareholders and treasury goals.

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MicroStrategy Hits $38B in Bitcoin Holdings

Summary : MicroStrategy has boosted its Bitcoin stash to 402,100 BTC, now worth over $38 billion. CEO Michael Saylor continues championing Bitcoin as a corporate asset, inspiring other firms to adopt similar strategies.

Massive Bitcoin Buy

MicroStrategy just made waves again, acquiring 15,400 Bitcoin for $1.5 billion at an average price of $95,976 per coin. This brings the company’s total holdings to 402,100 BTC, valued at $38 billion with Bitcoin trading at $95,194. The company has spent $23.4 billion on Bitcoin since 2020, now sitting on $15 billion in unrealized gains thanks to its bullish bet.

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The BTC Playbook

MicroStrategy finances its Bitcoin purchases through share sales and securities issuance, tracking growth with its “BTC Yield” metric. Quarter-to-date, BTC Yield is at 38.7%, jumping to 63.3% year-to-date. This approach has greatly managed to inspire other aspiring companies which does include some big names, like Tokyo-based Metaplanet and Marathon Digital, to adopt similar strategies.

Saylor’s Crypto Crusade

Michael Saylor isn’t showing any signs of slowing down. Over the course of just few weeks he pitched Bitcoin to Microsoft bought a huge amount of BTC for MicroStrategy and also doubling down on his sole mission to push corporate crypto adoption. Meanwhile, Marathon Digital announced a $700 million funding plan to buy Bitcoin and manage debts, signaling a growing trend of institutional Bitcoin accumulation. MicroStrategy remains the king of corporate BTC treasuries.

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Genius Group Stacks $1.8M More BTC, Now HODLs $15.8M

Summary: Genius Group is a well known Singapore-based education and AI firm which has yet again added a huge amount of $1.8M worth of Bitcoin to its reserve, this isn’t the first time this company has added cryptocurrency to its reserve and most importantly Bitcoin. This addition of BTC brings its total to 172 BTC. The company’s “Bitcoin-first” strategy is part of a long-term plan to integrate crypto into its education platforms.

Genius Group Goes Bigger on BTC

Genius Group isn’t playing when it comes to Bitcoin. The Singaporean education and AI firm just dropped $1.8M to scoop up more BTC, now holding 172 coins worth $15.8M. CEO Roger Hamilton says this is all part of their bold “Bitcoin-first” strategy, where 90% of the company’s reserves will eventually be allocated to Bitcoin. At an average price of $92K per coin, Genius Group is flexing its commitment to making Bitcoin the backbone of its financial game.

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Bringing Bitcoin to the Classroom

This isn’t just about HODLing. Genius Group is leveling up by weaving Bitcoin into its education platforms, using blockchain tech for on-chain certifications and rewards powered by the Lightning Network. It’s a next-gen twist on traditional education, making crypto a key part of their vision.

Leading the Charge

After Huge addition done by MicroStrategy, Genius also didn’t shy away and joined the rank of Bitcoin Bull like said MicroStrategy and these type of companies have managed to set a fast growing trend of adding crypto especially Bitcoin as its reserve. . With $15.8M in BTC reserves, they’re not only hedging against economic shifts but also proving that education and crypto can be a match made in digital heaven.

Bitcoin Near-Miss: Gamblers Lose Big on $100K Bets

Summary: A notorious crypto gambler faces a serious loss as bitcoin very slightly missed $100K in November. It wasn’t just a small amount bet as many would expect because some bets costs over $100K itself. Despite the setback, the crypto crowd is still bullish, with six-figure predictions for the near future.

When $100K Was Just a Dream

Bitcoin came within $345 of breaking $100K in November, peaking at $99,655 before falling to $90,800. The hype? Unreal. But the aftermath? Painful. Polymarket traders betting on the $100K milestone got wrecked, with one user losing $114,000 and another dropping $56,000. Total trading volume hit $28.5M, making this a high-stakes loss for many.

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Bullish Vibes Aren’t Dead

Despite the Ls, the crypto faithful aren’t giving up. Polymarket data shows a 40% chance BTC could revisit $90K soon, but there’s still hope for $100K by 2025. Bitcoin is trading at $96,700 now, with odds of hitting $100K this month surging from 19% to 71%. The diamond hands energy is alive and well.

Kiyosaki’s Take on the Dip

Robert Kiyosaki, author of *Rich Dad Poor Dad*, says Bitcoin might tank to $60K before shooting up to $250K by 2025. His advice? “Buy the dip!” While the $100K dream took a detour, the long-term vibe is still strong.

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Touzi Capital Faces $100M Fraud Charges Amid SEC Crackdown

Summary: The SEC has managed to hit Touzi Capital and its CEO, Eng Taing with insane allegations which include fraud allegations over misused investor funds, false claims about investment stability and also unregistered security. This inhumane and allegedly morally and socially wrong company raised over $100M mismanaging and commingling funds across unrelated ventures, including a crypto mining operation.

The U.S. Securities and Exchange Commission (SEC) pulled the rug underneath from Touzi Capital and its founders, Eng Taing, this wasn’t done for fun or as a prank but done because the company was accused of raising over $100 million through phonzi and shady unregistered securities offerings. The madman SEC claims that the company used misleading and harmful tactics, hyping their investments as “safe” and “lucrative,” when they were actually risky and illiquid. Over 1,200 people were reportedly given false hope and false statement that their investment and their fund were supporting and building a crypto mining project but in reality those funds were allegedly being used as a personal expenses and being mis appropriated.

You thought that was it? There more to come, Touzi also again raised $23 million as a rehabilitation for its debt business but again that huge amount got mixed with cash from other completely unrelated ventures. SEC department isn’t kidding either as it wants complete and permanent injunctions, financial penalties and to eradicate Taing from corporate leadership roles for good.

This wasn’t out of order as all of this comes as a regulatory debates heat up. On side note, Some sources and some whispers suggest hat president elect Donald Trump might back shifting crypto oversight to the Commodity Futures Trading Commission (CFTC). At the same time SEC’s high profile tangle with Ripple is still brewing and continuing, with expert speculations that it could drop its appeal. Stay tuned it’ll be a wild ride.

Swiss Parliament Votes to Explore Bitcoin Mining for Power Grid Upgrades

Summary: Swiss politician Samuel Kullmann just got major approval for a game-changing study: using Bitcoin mining to boost the country’s energy grid. With an 85–46 vote in Parliament, Kullmann’s proposal is all about turning wasted energy into something useful and could be a big win for both the environment and Bitcoin fans.

Why Bitcoin?

This isn’t Switzerland’s first rodeo with crypto. Bitcoin’s halving event earlier this year had Swiss cities like Zurich topping Google searches. The idea? Use Bitcoin mining not just for profits but also to stabilize energy use. By running mining rigs during off-peak hours, Switzerland could use extra electricity that would otherwise go to waste. Genius, right?

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Big Bitcoin Moves

Switzerland’s been low-key stacking up on Bitcoin exposure. Even the Swiss Central Bank bought shares in MicroStrategy—aka the company with the biggest Bitcoin stash. Talk about making power moves.

Global BTC Hype

It’s not just Switzerland hopping on the Bitcoin train. Cities like Vancouver are pushing to hold Bitcoin as part of their budgets. Even U.S. and Brazilian lawmakers are talking about creating national Bitcoin reserves. BTC isn’t just a trend—it’s becoming the main character on the global financial stage.

Switzerland might just prove Bitcoin is about more than digital gold—it’s a tool for the future.

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Trump’s Crypto Crew Might Spark a U.S. DeFi Boom, Say Analysts

Summary: As Trump promised with his pro-crypto nation policy, Us could be heading for a massive and drastic positive glow up in Defi. Several well known and knowledgeable analysts from Matrixport strongly believe that 2024 might not only be about Bitcoin potentially replacing gold and being “digital gold” but also the start of a full blown decentralized finance (DeFi) revival.

Trump’s Pro-Crypto Cabinet Takes Shape

Donald Trump’s picks for Treasury, Commerce, and possibly the SEC have crypto vibes written all over them. Howard Lutnick, tipped for Commerce Secretary, is a big stablecoin fan, while Scott Bessen, his likely Treasury Secretary, straight-up said, “crypto is about freedom.” Even Paul Atkins, a crypto-savvy lawyer and former SEC commissioner, is in the mix for SEC Chair. Together, these guys could flip the script on U.S. financial policy, putting blockchain tech and DeFi at the forefront.

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DeFi Renaissance Incoming?

Matrixport analysts predict that 2024 could bring more than just Bitcoin hype; we’re talking a full-on DeFi revival. Traditional finance might start vibing with decentralized apps to make payments and transactions smoother. If the U.S. goes all in, it could pressure other countries to embrace crypto too. The analysts also hinted at a “Strategic Bitcoin Reserve” being on the table.

The Bigger Picture

Beyond regulations, this shift could digitize the U.S. financial system, making crypto apps the real MVPs of the economy. Bessen’s call for tighter budgets might even boost Bitcoin buying as a hedge against uncertainty. If this squad delivers, we’re looking at a serious crypto glow-up in the States.

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SOS Ltd Goes Big on Bitcoin with $50M Reserve Plan

Summary: China-based SOS Limited is making tremendous and strong waves in the crypto scene and it also announced its amazing plans to drop $50 million on Bitcoin to bolster its portfolio. The publicly traded firm’s board greenlit the move, with CEO Yandai Wang calling Bitcoin a “strategic asset and global store of value.” The goal? Build a BTC reserve, expand digital investments, and ride the crypto profit wave.

Nations Eye Bitcoin Reserves Too

SOS isn’t the first to jump on the Bitcoin bandwagon. Genius Group, based in Singapore took the crypto space by storm taking up headlines earlier this month with a astonishing amount of $120 million BTC buy which they manage to follow by another $14 million to beef up its crypto stash. Over in Japan, Metaplanet and Remixpoint are also not backing down but stacking up sats, still MicroStrategy continues to lead the crypto scene with jaw dropping and such a huge amount $21 billion spent on Bitcoin starting from 2020.

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Nations Eye Bitcoin Reserves Too

It’s not just institutions, corporate companies neither just big organizations but even official government bodies are vibing with Bitcoin. Donald Trump who’s current president elect from United States is planning on making a bitcoin reserve and is planning to make The United States of America into a pro-crypto country. Could this be the next big crypto move? With policies potentially dropping by 2025, it looks like Bitcoin is stepping out of the shadows and into the mainstream spotlight. 🚀

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Crypto Buzz in Russia: 8% Traffic Spike as Bitcoin Soars

Summary: Russia’s crypto scene is absolutely buzzing , with an 8% jump in exchange traffic as Bitcoin continues its epic and adventerous climb. The surge in internet traffic to major crypto platforms was revealed by telecom giant MegaFon, who says rising BTC prices and fresh mining laws are fueling the frenzy.

Crypto Fever in Full Swing

MegaFon’s analysis shows that Russia now accounts for around 27%-30% of total traffic to major exchanges. Globally, the story is similar, with web traffic to the top 20 platforms up by 8%-10% in November. Bitcoin’s price popping off by 45%—rallying from $68K to nearly hitting the big $100K—has everyone hyped, and Russia is no exception.

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Exchanges Riding the Wave

Platforms like Deribit are on fire, reporting a massive 126% boost in visits. Other big names like HTX (formerly Huobi) and KuCoin saw traffic spike by 24% and 23%, respectively. Not everyone’s thriving, though. Gate.io took a 26% hit, and Upbit and Kraken saw minor dips.

New Rules, Who This?

Russia’s new crypto mining law, live since Nov. 1, is also shaking things up. While it green-lights mining for registered pros, hobbyists face strict energy caps. With regional mining bans kicking off Dec. 1, the FOMO is real. Looks like Russia’s crypto crowd isn’t slowing down anytime soon!

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Will Bitcoin Crash Again on Thanksgiving?

Summary: Everyone especially crypto enthusiasts know how the holiday season causes volatility in price. So the hot topic for traders is how Thanksgiving will affect Bitcoin’s valuation. The big question: Will this year break the pattern, or is another dip looming ?

Thanksgiving’s Track Record

Thanksgiving week has often brought Bitcoin price corrections. In November 2020, Bitcoin peaked at $19,633 but failed to break $20,000 until after a sharp correction. Within two weeks, however, it surged past its all-time high, setting new records in early 2021. This year, Charles Edwards of Capriole Fund highlights that while Wednesdays like Nov. 27 are often bullish for Bitcoin, Thanksgiving Day itself has seen consistent price drops over the past five years, making traders wary.

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Current Market Vibes

Bitcoin is currently hovering near $95,000, a critical psychological level. Analysts believe a daily close above this mark could confirm bullish momentum, but failure to stay above the 50-day EMA might trigger a drop toward $90,000. The 4-hour chart shows potential for volatility, with the next 24 hours being pivotal for market direction.

Holiday Dip or December Rebound?

Even if Bitcoin dips on Thanksgiving, historical trends point to quick recoveries in December. Factors like the upcoming halving are keeping investor sentiment optimistic. Whether it’s a crash or a rally, Thanksgiving might just set the stage for Bitcoin’s next big move.

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