finance
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Locate Technologies Limited (ASX: LOC) has become the first publicly traded Australian company to adopt a dedicated Bitcoin treasury strategy, announcing an initial investment of approximately A$1 million (about 6.089 BTC at ~A$164,227 per coin) to form a long-term strategic holding. The company said the move aligns with its broader growth initiatives in global last-mile…
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According to a report by Reuters, major U.S. banks including JPMorgan Chase, Bank of America, Citigroup and Wells Fargo are in early-stage discussions about launching a jointly issued stablecoin. According to The Wall Street Journal, those discussions may involve entities co-owned by the banks such as Early Warning Services and The Clearing House, and seek…
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Strategy Inc. (ticker: STRC), a subsidiary of MicroStrategy Incorporated, announced the annual dividend rate on its preferred stock has been raised to 10.25%. The increase follows earlier reports the rate stood at 10% and rises to 10.25% starting with dividends for the period ending October 31. Saylor posted on his X account: “Stretch your income.…
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Opendoor’s CEO Kaz Nejatian responded on X to a user asking if the company would allow Bitcoin payments for home purchases with the reply: “We will. Just need to prioritize it.” Nejatian clarified that sellers would not need to accept cryptocurrency themselves; Opendoor would handle Bitcoin-to-USD conversion internally. No formal timeline or rollout details were…
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According to Axios, OpenAI and United Arab Emirates announced a strategic partnership to build Stargate UAE, a one‑gigawatt AI computing cluster in Abu Dhabi—with an initial 200 megawatts due online in 2026. Per Analytics India Magazine, project will be operated by OpenAI and Oracle, built by UAE tech firm G42, and supported by Cisco, NVIDIA,…
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BlackRock, the world’s largest asset manager overseeing approximately $10 trillion in assets, has officially registered as a crypto asset firm in the United Kingdom. The Financial Conduct Authority (FCA) has added BlackRock to its list of registered crypto asset firms, a roster that includes notable entities such as Coinbase, PayPal, and Revolut. The FCA’s registration…
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Originally Published December 30th 2024 Michael Saylor, executive chairman of MicroStrategy, has forecasted that Bitcoin could hit $13 million per coin within the next 21 years. Speaking on CNBC, Saylor explained that his projection is based on Bitcoin eventually accounting for 7% of global capital, a significant leap from its current 0.1% share. He believes…
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Americans can now send voluntary contributions via Venmo and PayPal through the official “Gifts to Reduce the Public Debt” page on Pay. Payment options already include bank transfers, credit/debit cards, and PayPal; Venmo support arrived between February and March 2025. Since 1996 the program has collected around $67.3 million in donations—enough to pay off just…
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The White House has expressed optimism about the passage of Bitcoin regulation by August. This development aligns with the broader legislative efforts to establish a regulatory framework for cryptocurrencies. Notably, the bipartisan Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act, aimed at regulating stablecoins, has faced challenges in the Senate. Despite initial bipartisan…
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According to Axios, OpenAI and United Arab Emirates announced a strategic partnership to build Stargate UAE, a one‑gigawatt AI computing cluster in Abu Dhabi—with an initial 200 megawatts due online in 2026. Per Analytics India Magazine, project will be operated by OpenAI and Oracle, built by UAE tech firm G42, and supported by Cisco, NVIDIA,…
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According to Yahoo Finance, President Nayib Bukele posted an update revealing El Salvador’s Bitcoin holdings have generated an unrealized profit of $357 million. Per The Defiant, government coffers now hold approximately 6,180 BTC, bringing total reserves to around $644 million—reflecting a 124 percent gain since initial investments. Binance’s official blog confirms profit figure and highlights Bukele’s continued transparency in sharing…
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Ross Ulbricht, founder of Silk Road, received a 300 BTC (≈ $31 million) donation in June 2025 to his public “donation” wallet—sparking widespread speculation about its origins. Chainalysis, supported by insights from blockchain sleuth ZachXBT, traced the funds through mixers like Jambler and linked them to addresses associated with the defunct dark‑web marketplace AlphaBay, active from 2014–2017. ZachXBT argued the…
