Cryptocurrency Live News & Updates : Strategy's Bitcoin Holdings Exceed $71 Billion
Michael Saylor, co-founder of Strategy, announced a new Bitcoin acquisition, bringing the company's total holdings to over $71 billion after purchasing 4,225 BTC for $472.5 million. In a significant market development, Strategy has surpassed $71 billion in Bitcoin holdings, with a recent acquisition of 4,225 BTC. This surge is part of a broader trend where Bitcoin treasury companies are driving demand alongside institutional investors and ETFs. Meanwhile, Bit Origin is making headlines with plans to establish a $500 million Dogecoin treasury, inspired by the potential integration of DOGE into Elon Musk's upcoming payment tool. Despite its past struggles, Bit Origin's stock has seen a recent uptick due to this announcement. In the trading arena, Binance Coin (BNB) is experiencing a surge, recently hitting $765, driven by robust DEX volumes and stablecoin activity. Ethereum has also crossed the $3,800 mark, reflecting a 6.79% increase in 24 hours. As the cryptocurrency market continues to evolve, these developments highlight the increasing integration of digital assets into traditional finance and the ongoing interest in both established and emerging cryptocurrencies. Show more
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