Strategy firm holds over 3% of Bitcoin supply, and the Genius Act allows banks to issue stablecoins.
2 reports, 2 independent
Updated Aug 2
Gone quiet
Reached 2 outlets in its first 24 hours
- Reports
- 2
- Developments
- 1
- Repetition
- 50%
New informationRepeats or wire copies
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What happened
Strategy firm holds over 3% of Bitcoin supply, and the Genius Act allows banks to issue stablecoins.
Who's involved
What this event is mainly aboutKeep exploring
The entities involved
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Bitcoin
digital cash system and associated currency
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Michael Saylor
substitute teacher
Related events
- Michael Saylor co-founded Strategy, a BTC treasury company, and the firm projects Bitcoin could reach a $16 trillion market cap.
- Strategy maintains Bitcoin as its primary treasury reserve asset and issues a preferred share product pegged to $100.
- Strategy, led by Michael Saylor, holds large amounts of Bitcoin, which is reflected in its preferred share program STRC and is being reported on by TradingView.
- A corporate entity has purchased and is holding Bitcoin.
- Michael Saylor stated his extremely bullish outlook regarding Bitcoin's future price.
Coverage
Newest first; wire copies grouped- DLNewsHow the crypto treasury craze is creating ‘true scarcity,’ says BitMine chairman Tom Lee Tom Lee reckons investors are overlooking one of the most important trends inside the crypto treasury craze: t
- Barchart6,220 Reasons to Buy MicroStrategy Stock This Week The first public Bitcoin (BTCUSD) treasury business MicroStrategy (MSTR) is back in the news again after buying 6,220 more BTC for nearly $740 milli