BTC Bitcoin Cryptocurrency Betting
Bitcoin is the cryptocurrency that started it all. There are dozens of other Cryptocurrencies you can use to deposit at BookMaker and hundreds more on the periphery, but Bitcoin is the most well-known of the bunch, and the only one your aunt Ethel and uncle Fred know. The coin that dominates the crypto space surged past $60,000 in March 2021 and might be poised for an even bigger run ahead of the holidays.
Monday, June 30, 2025 News Update
This year already appears to be a big year for cryptocurrency, with Bitcoin setting a new record, a US president who is promoting the business and whose family is actively involved in it, and important laws that are anticipated to be passed by Congress. Looking past the upbeat headlines and the Bitcoin bounce, however, reveals a quite different picture. With over $300 billion in market value lost so far this year, the majority of the so-called altcoins that were previously hailed as rivals to the original cryptoasset are on the fall.
A broader malaise is shown by the sea of red, which is making some sectors of the industry face existential issues. Early cryptocurrency advocates pictured a world with a wide range of use cases and a multitude of coins vying for investor capital. The dominance of Bitcoin, however, is giving way to forecasts that vast portions of the industry will turn into a digital wasteland. “I think they’re just going to die, frankly,” Nick Philpott, co-founder of Zodia Markets, said of altcoins to the media, “They’ll just wither away. Technically, a lot of this stuff will just sit there and gather dust in perpetuity.”
According to CoinMarketCap, Bitcoin's proportion of the overall market value of cryptoassets has increased by nine percentage points this year to 64%, the highest level since January 2021. Nonfungible tokens were just beginning to gain traction, crypto lending was booming with little protections, and the cryptocurrency market was essentially uncontrolled at the time.
Altcoins, the umbrella name for all digital assets other than Bitcoin and stablecoins, are in stark contrast to this. After more than doubling in the wake of Donald Trump's election victory on November 5, a MarketVector index that tracks the bottom half of the top 100 digital assets has since given up all of those gains and is down almost 50% in 2025. Other segments of the market are falling behind more and more as Bitcoin absorbs the majority of money flows from exchange-traded fund participants. The second-largest cryptocurrency, Ether, has seen a slight recovery driven by inflows to spot ETFs that invest in the token, although it is still almost 50% off its peak. “Historically, Bitcoin’s moved and then that’s passed down into altcoins,” said Jake Ostrovskis, an OTC trader at Wintermute in the media, “We’ve not really seen that yet this cycle.”
Mass extinction disasters are nothing new to cryptocurrency. Hundreds of initiatives failed as a result of the 2022 market crisis, which was dotted by the collapse of Sam Bankman-Fried's FTX exchange and the algorithmic stablecoin TerraUSD. Relegated to the position of "ghost chains" in the cryptocurrency world, thousands of currencies remain on their blockchains with little to no activity. Because stablecoins minimize volatility, they seem to be the only tokens with a genuine chance of becoming means-of-payment. This time, however, the cryptocurrency market is becoming more controlled and pushed by institutions.
The market value of stablecoins has increased by $47 billion in the last year alone, and some of the biggest banks in the world are getting involved. This month, the Wall Street Journal revealed that Amazon.com Inc. is researching a possible stablecoin. As a result, cryptocurrency initiatives are under pressure to improve their standing and attract more investors. “I’ve talked to a couple of projects that have been thinking about merging foundations, putting it up for governance, saying, ‘Hey, we can now be governed under this other authority’ — that authority being another altcoin community,” said Kanyi Maqubela, managing partner at venture capital firm Kindred Ventures.
“There’s certainly a subset of the market doing incredibly well — generally companies with real businesses, real revenues, and those revenues are being used to buy back tokens,” said Jeff Dorman, chief investment officer of digital asset investment firm Arca.
There’s also the prospect of more favorable regulations. The potential for US Securities and Exchange Commission approval of ETFs backed by coins like Solana are stirring hopes of wider adoption. Another possible catalyst is the Digital Asset Market Clarity (CLARITY) Act, informally referred to as crypto’s market structure bill. The CLARITY Act aims to provide a comprehensive regulatory framework, including delineating responsibilities between the Commodity Futures Trading Commission and the SEC.
The shifting tides are also reflected in corporate behavior. Modeled on Michael Saylor’s Strategy, a new breed of Bitcoin accumulators has emerged. In April, a special-purpose acquisition company affiliated with Cantor Fitzgerald LP partnered with Tether Holdings SA and SoftBank to launch Twenty One Capital Inc., seeded with nearly $4 billion in Bitcoin. The Trump family, which is also getting involved in Bitcoin mining, has raised $2.3 billion via Trump Media & Technology Group Corp. to create a Bitcoin treasury.
While similar vehicles have been set up recently to accumulate smaller tokens like Ether, Solana and BNB, they are much smaller. Not all altcoins are floundering. Tokens like Maker and Hyperliquid that are linked to thriving decentralized-finance protocols have notched big gains this year. “The Clarity Act has the potential to do for altcoins what ETFs did for Bitcoin and Ethereum: provide the regulatory legitimacy that unlocks real institutional capital,” said Ira Auerbach, a senior executive at Offchain Labs to the media. He thinks most altcoins are in a sort of twilight zone, supported by great promises and little else. He compares Bitcoin to gold and Ether to copper, noting that the former has a capped final supply and the latter's blockchain underpins most of the functioning of crypto. “I think a lot of them are going to whittle down to zero because they were driven by speculation without that mimetic value like Bitcoin, and they tried to be utilitarian without achieving any real scale,” he said.
Bitcoin Weekly Price Per CoinMarketCap
| WEEK |
BITCOIN PRICE IN USD |
| June 30, 2025 |
107,519.45 |
| June 23, 2025 |
101,566.23 |
| June 16, 2025 |
107,069.44 |
| June 9, 2025 |
107,543.46 |
| June 2, 2025 |
104,186.63 |
| May 26, 2025 |
109,844.10 |
| May 19, 2025 |
103,843.75 |
| May 12, 2025 |
104,151.94 |
| May 5, 2025 |
94,148.60 |
| April 28, 2025 |
94,635.92 |
| April 21, 2025 |
88,208.60 |
| April 14, 2025 |
85,623.93 |
| April 7, 2025 |
78,197.07 |
| March 31, 2025 |
83,428.18 |
| March 24, 2025 |
88,043.32 |
| March 17, 2025 |
82,748.61 |
| March 10, 2025 |
80,483.17 |
| March 3, 2025 |
90,833.10 |
| February 24, 2025 |
94,569.34 |
| February 17, 2025 |
96,701.18 |
| February 10, 2025 |
97,403.56 |
| February 3, 2025 |
96,864.15 |
| January 27, 2025 |
101,643.23 |
| January 20, 2025 |
106,822.51 |
| January 13, 2025 |
92,117.84 |
| January 6, 2025 |
101,692.99 |
Monday, June 23, 2025 News Update
The 60-day realized volatility of Bitcoin, which gauges how sharply its price fluctuates, had fallen to about 27–28% as of June 23. This is less than the S&P 500 (30%), the Nasdaq 100 (35%), and even the high-flying "Magnificent 7" tech companies (40%). Due to the rising Middle East crisis, particularly following the US bombing of Iran, Bitcoin's minimal volatility stands out. In response, the price of Bitcoin dropped 6% over the weekend to below $100,000 but it bounced back to get over the $100,000 mark on Monday. Such geopolitical shocks frequently resulted in considerably more significant and erratic price movements in earlier cycles. In particular, Bitcoin's 60–65% realized volatility during the start of the conflict between Russia and Ukraine in February 2022 was far higher than that of US stocks. However, Bitcoin's volatility was comparatively mild this time, indicating that the majority of traders and investors did not respond in a panic and that the cryptocurrency is maturing as an asset class.
According to a recent analysis by Glassnode experts, the increase of long-term holders has significantly stabilized Bitcoin in recent weeks. “Over 30% of Bitcoin’s circulating supply is now held by just 216 centralized entities — including ETFs, exchanges, custodians, and corporate treasuries,” they said in a note, adding that such Bitcoin is becoming a “maturing asset class.”
As of June 23, the total amount of Bitcoin held by long-term holders had risen gradually over the past few years to a record high of 14.53 million (30-day average), or about 70% of the maximum supply of 21 million. Because institutional demand is increasing and long-term holders are removing supply from circulation, the price of bitcoin has been steadily rising over the years.
Because of central bank money creation and robust institutional support, BitMEX co-founder Arthur Hayes and OSL chief commercial officer Eugene Cheung believe that the price of Bitcoin will continue to rise above $100,000 in the future. By the end of 2025, some analysts even estimate that Bitcoin will surpass $150,000.
In other Bitcoin news, Michael Saylor's Strategy doubled back on his long-term prediction that the price of Bitcoin will reach $21 million in 21 years, and last week he purchased an additional 245 Bitcoin. According to CoinGecko data, Bitcoin fell from over $108,900 on June 16 to an intraweek low of little under $99,000, while the cost of Strategy's most recent Bitcoin harvest averaged $105,856 per coin.
Due to its latest acquisitions, which included a $1 billion Bitcoin purchase, the corporation now owns 592,345 BTC, which was purchased for around $41.9 billion at an average price of $70,681 per coin. One of Strategy's smallest purchases in recent months is the most recent acquisition. It is the smallest since the company paid $10.7 million for 130 Bitcoin in March. Similar to the March deal, last week's acquisition occurred during a price decline, which led some analysts to wonder why the business did not purchase more at a discount. Saylor's Bitcoin accumulation attitude and dedication to "buying the top forever" are in line with Strategy's strategy of purchasing larger quantities at greater prices.
Saylor promised in late 2024 to continue purchasing Bitcoin at its highest price regardless of how high it rose. Strategy's Bitcoin yield, which shows the percentage increase in the value of its BTC wealth over a given time period, has remained stable after its most recent purchases. After the additional acquisitions, Strategy's year-to-date Bitcoin yield was 19.2%, which was only 0.01% more than the yield from the $1 billion Bitcoin buy that was previously reported on June 16. With the recent spike in Bitcoin yields, Strategy is getting closer to its YTD yield target of 25% by the end of 2025. On May 1, the corporation raised its yield, which had previously been set at a lower 15%.
Saylor increased his long-term price projection on Saturday, predicting that the cryptocurrency will reach $21 million in 21 years, just before Strategy made its latest announcement about buying more Bitcoin.
Monday, June 16, 2025 News Update
Bitcoin continues to be a popular investment choice for people around the world and as governments rack up more debt, there is more opportunity for those who invest in cryptocurrencies. "One thing that is clear is that democracies around the world are having trouble getting deficit spending under control," Coinbase CEO Brian Armstrong said at the Coinbase Annual Summit in New York City on Thursday. "If you study history ... once you decouple currency from hard commodities, the inevitable story is they get overprinted and extended, right?" Armstrong is still hoping that the dollar remains as the main currency in the world. "I want the US to remain the reserve currency status," he added. "But if the debt situation doesn't get fixed, I do think that eventually bitcoin will have to become the reserve currency for better or worse. It's not going to be the Chinese RMB because I think they have their own debt problems." Tesla CEO Elon Musk has been talking about the problems of rising government debt for some time and he wasn’t able to do nearly as much as he would have liked in his time spent with U.S. President Donald Trump in Washington.
Although its exact structure is yet unknown, the Trump administration has taken steps to establish a strategic reserve for bitcoin. Businesses like Strategy (MSTR) and GameStop (GME) have purchased large quantities of bitcoin in order to diversify their cash holdings. Recently, Trump Media & Technology (DJT) revealed that it would raise $2.5 billion to purchase bitcoin. Although bitcoin's early volatility may have turned off investors, a few new variables are starting to emerge that will make the flagship cryptocurrency an important component of a portfolio.
Philippe Laffont of Coatue Management stated at the State of Crypto Summit in New York City last week that he initially refrained from investing in Bitcoin due to its volatility, but that has now changed. At Coinbase's State of Crypto Summit in New York City, Laffont stated, "I find it fascinating that perhaps the cost of investing in bitcoin is decreasing." "It would be fascinating if the beta shrank."
He said that Bitcoins rise and fall in price has started to become more stable. He said that the number of Bitcoin wallets that have held crypto and then sold everything has dropped. He said that suggests that investors are holding onto crypto instead of selling. He said that Bitcoin is still small in comparison to the world’s net worth as it is about $2 trillion out of $500 trillion. He expects that number to rise and still wonders why he didn’t invest in Bitcoin sooner. “Every night, I wake up at about three in the morning and I go, ‘What an idiot. Why didn’t I invest more in bitcoin?’” he said.
Laffont said his investment strategy is to look at the “obvious” over the “complicated.” Laffont said he overlooked something really simple. “That … as long as other people think it’s valuable, it gets more valuable over time – and that’s what we missed,” he said. “Now I go back and I say, this is crazy – why wouldn’t everyone have one or two or 3% or 4% of your assets in something like bitcoin that … protects you against inflation?”
Laffont said he has three types of clients, those who are hands off and let him do the investing, those who wonder “why did you miss one of the biggest trends in the world,” and the risk-averse ones who don’t want to invest in crypto. The latter “is the dying population,” Laffont said. “Every year there’s a little bit less of them. That’s the spectrum that you get from institutional investors. Hopefully, we see that distribution continue to change.” Laffont is still cautious with his investment in cryptocurrency.
“For those of you that think bitcoin is going to be important, my recommendation is never make it such a big portion of your portfolio that it becomes the driving factor of the portfolio,” he said. “You’re going to make way more money by having a smaller position that you can keep for 10 years than the big one that worries you all the time.”
Monday, June 9, 2025 News Update
With the price of Bitcoin trading close to its all-time high, Strategy has purchased $110.2 million worth of it. A US Securities and Exchange (SEC) report on Monday states that Strategy purchased 1,045 Bitcoin at an average price of $105,426 per coin. The business currently owns 582,000 Bitcoin, which it purchased for approximately $40.8 billion at an average price of nearly $70,086 per Bitcoin. The announcement comes after Michael Saylor, executive chairman and co-founder of Strategy, made a hint about the acquisition on June 8. This purchase is the eleventh week in a row that Strategy has purchased Bitcoin. As Bitcoin gets closer to its all-time high, news of the most recent acquisition comes out in the press. According to reports in May, Bitcoin reached an all-time high of over $112,000.
The most recent Bitcoin purchase comes after Strategy announced a $1 billion stock offering, quadrupling its prior $250 million funding announcement. The money raised will be used by the business to pay for corporate expenditures and further Bitcoin purchases. For $85 a share, 11.76 million shares of Strategy's 10.00% Series A Perpetual Stride Preferred equity are being issued in this equity offering. The firm anticipates raising roughly $979 million after deducting underwriting costs and other obligations.
This offering, which offers non-cumulative dividends of 10% in contrast to earlier fundraising rounds, is intended to attract institutional and professional investors looking for yield-generating opportunities. Strategy, formerly known as MicroStrategy, started amassing Bitcoin in August 2020 when it paid $250 million for 21,454 BTC. The company currently owns over 2.75% of all Bitcoin. Prior to beginning its Bitcoin accumulation, the company's market valuation was $1.2 billion in July 2020; it is now $104.6 billion. Numerous other businesses have been motivated to emulate its success story. Metaplanet, often known as "Japan's MicroStrategy," is one of them. Using the same strategy as Strategy, it recently rose to become the eighth-largest corporate Bitcoin holder in the world.
Similarly, after shifting to BTC accumulation in November 2024, France-based The Blockchain Group has added an additional 580 Bitcoin to its treasury, resulting in a 225% increase in its stock price. When the Norwegian Block Exchange, a cryptocurrency exchange based in Norway, announced earlier this month that it would purchase and keep Bitcoin, its stock shot up more than 138% in a single day.
Monday, June 2, 2025 News Update
The volatility of bitcoin is well recognized. However, after bitcoin hit a fresh high last week, more and more public firms have begun to purchase and hold the digital currency on their balance sheets. The subject of how investors ought to react is oftentimes brought up. Existing shareholders who were preoccupied with the firms' core business may have concerns, but those seeking opportunities to bet on cryptocurrency may decide to follow along.
Trump Media & Technology Group Corp. and DJT are a couple of recent instances of businesses purchasing bitcoin. DJT, the owner of Truth Social, the media platform run by President Donald Trump, announced recently that it would sell $1.5 billion worth of common stock, issue an additional $1 billion worth of convertible notes, and use the money raised to construct a bitcoin treasury. GameStop Corp., a retailer of video games, also revealed its first bitcoin purchase recently. Based on the current price of bitcoin, the corporation purchased 4,710 units of the cryptocurrency, which is worth $500.9 million.
Because the advent of bitcoin brought a range of potential and concerns, Wall Street analysts advised investors to carefully consider whether to participate in or remain invested in the companies. The assets usually maintained in corporate accounts, which oversee a pool of cash and financial assets to support business operations, control risks, and spur growth, are significantly less volatile than bitcoin.
On its records, a business usually keeps cash and cash equivalents, such as U.S. Treasurys, as well as short-term investments like commercial paper and certificates of deposit. These assets are regarded as low-risk. In order to expedite international transactions and reduce foreign exchange risks, some businesses that operate internationally may also maintain foreign currency reserves.
What justifies the inclusion of Bitcoin? Although bitcoin has primarily been trading in tandem with other risky assets for the past few years, some businesses have pointed to the cryptocurrency's potential to someday act as a store of value and an inflation hedge. Others brought up the possibility of profiting on anticipations of an increase in bitcoin prices.
According to Dow Jones Market Data, the biggest cryptocurrency increased by 56.4% over the previous 12 months to around $105,679 on Friday, up 13.1% so far this year. Last week, Bitcoin also reached a record high of $111,986. The S&P 500, by contrast, had increased by 11.6% over the previous 12 months and by 0.1% thus far this year.
Even while more businesses are purchasing bitcoin, the total is still quite tiny. According to a survey by crypto asset manager Bitwise, as of March 31, 79 publicly traded firms worldwide owned bitcoin. The World Federation of Exchanges said that as of 2022, there were 58,200 publicly traded companies worldwide.
Strategy Inc. and MSTR were among the top five firms with the largest bitcoin holdings. Businesses that own bitcoin differ from one another. Some of them, like Tesla, only had a minor amount of cryptocurrency in their books. Others, particularly Strategy, believe that the company's approach to buying bitcoin has surpassed its initial business of developing business analytics software.
What happens if a business takes Strategy's path? It raises the issue of what current investors ought to do in the event that a company in their portfolio chooses to follow the Strategy path.
Although investors primarily view MicroStrategy-like companies as bitcoin vehicles, current securities rules classify them as operating corporations since regulators often view bitcoin as a commodity rather than a security. As many businesses adopt Strategy's playbook, investors will want to be aware of how companies diversify their money.
Monday, May 26, 2025 News Update
This week, the Venetian Convention and Expo Center will host the largest bitcoin conference in the world, which will gain fresh political significance because the Trump administration will be attending in high profile. Trump's two oldest sons, Vice President JD Vance, and White House "crypto czar" David Sacks are all expected to make an appearance. Bitcoin 2025 – Las Vegas will run from Tuesday, May 27 through Thursday, May 29 at the Venetian in Las Vegas.
Trump defended bitcoin, a decentralized digital currency based on blockchain technology, at the conference held in Nashville, Tennessee, last year. He also criticized the Biden administration for what he saw as excessive regulation. The throng of cryptocurrency aficionados erupted in deafening applause after his statements.
Trump's stance on bitcoin has been "a lot more favorable" thus far, according to Justin Doochin, head of events at the organization that hosts the annual conference. Trump has reinstated Biden-era policies, appointed kind regulators, and redistributed confiscated bitcoin for a "strategic reserve."
“That’s what’s getting everyone excited: him tweeting about it, him talking about it, him adding it to his campaign,” Doochin said. “Putting it on the forefront of U.S. policy is extremely bullish for the crypto community.”
Under the subject "Code and Country," the convention's industrial day will include programs examining the intersections between bitcoin and public policy, along with other new fields like artificial intelligence and space exploration, which has sparked extraordinary government interest.
When Robert F. Kennedy Jr., the current secretary of the Department of Health and Human Services, appeared at the 2023 convention, Doochin observed that attendees had grown much more politically involved. Even while the GOP and cryptocurrency are still intertwined, not all Democrats oppose the new technology. This month, industry-backed legislation pertaining to "stablecoins," a category of cryptocurrency linked to another asset, such gold or money, was advanced by the Senate. 16 Democrats voted in favor of the GENIUS Act, which would establish reserve requirements for issuers and give the coins some regulatory structure in order to pass the Senate with 60 votes.
In other Bitcoin news, the biggest corporate Bitcoin investor in the world, Michael Saylor's Strategy, acquired a new supply of Bitcoin last week when its price momentarily went above $110,000. On May 26, Strategy revealed that it has paid $427.1 million for 4,020 Bitcoin between May 19 and May 23. Bitcoin smashed beyond $110,000 on May 22, and the most recent purchases were made at an average price of $106,237 per coin. The buy, which was made for almost $40.6 billion at an average price of $69,979 per coin, was Strategy's fourth Bitcoin purchase in May, increasing its total holdings to 580,250 BTC.
There was also a string of Class A sales led by Strategy director Jarrod Patten who sold 2,650 MSTR shares between May 16 and May 21 for over $1.1 million, according to a Strategy report of the planned sale of securities filed on May 22. Patten has sold 17,050 Class A shares for a total of $6.7 million since April 22. Furthermore, an amended report filed on May 23 states that Andrew Kang, Strategy's chief financial officer, sold 2,185 Class A shares on May 23 for a total of $719,447.
Saylor previously pledged to continue purchasing Bitcoin at the highest price indefinitely in late 2024, and his recent acquisition reflects this mentality. Meanwhile, according to TradingView statistics, Strategy's shares have been plunging from their highest points ever, dropping at least 12% over the last week, from about $420 to $369.
Monday, May 19, 2025 News Update
DigiAsia Corp (NASDAQ: FAAS) has revealed a strategic Bitcoin treasury reserve project that its board of directors has approved. The business is considering raising up to US$100 million in capital to develop its initial Bitcoin (BTC) position and intends to set aside up to 50% of net profits for BTC acquisition. DigiAsia plans to use regulated partners, such as institutional lending and staking, to create yield-generating solutions. The business is assessing a range of capital markets options, such as convertible notes, equity-linked offerings, and structured crypto financing products. With this calculated action, DigiAsia joins other NASDAQ-listed businesses who have chosen to use Bitcoin as a treasury reserve asset in an effort to increase treasury returns and protect shareholder value.
In the erratic cryptocurrency markets, DigiAsia's Bitcoin treasury strategy is a noteworthy corporate adoption decision that carries both opportunity and risk. The establishment of a Bitcoin treasury reserve by DigiAsia Corp. represents a significant strategic change in the way this fintech business handles its cash. The board has authorized spending up to $100 million to buy Bitcoin and use regulated partners to put yield-generating methods into action.
The business also intends to use up to 50% of its future net income to strengthen its stake in Bitcoin. By making this change, DigiAsia joins an increasing number of NASDAQ-listed businesses that are incorporating digital assets into their treasury administration.
The twin strategy—holding Bitcoin as a long-term reserve asset and actively seeking return generation through institutional lending and staking—is very remarkable. Instead of just buying Bitcoin directly, the company's investigation of different capital markets alternatives, such as convertible notes, equity-linked offerings, and structured crypto finance products, suggests a more complex strategy. This approach recognizes the potential for Bitcoin to appreciate as well as the potential for further gains to be generated through crypto-financial products. This indicates substantial exposure to a historically volatile asset class from a risk standpoint.
Even though Bitcoin has shown excellent long-term performance, DigiAsia's balance sheet may see significant volatility due to its price swings. In essence, the business is placing a large wager that Bitcoin will function as a reliable store of value and a possible hedge against the depreciation of conventional currencies.
This tactical change also demonstrates DigiAsia's wider dedication to blockchain technology, which goes beyond simply owning Bitcoin. The corporation may be setting itself up to grow its fintech products into digital asset services for its Asian clientele by cultivating internal competence in crypto treasury management.
In other Bitcoin news, Michael Saylor's Strategy said that it had spent around $765 million to acquire 7,390 Bitcoin between May 12 and May 18. This action has increased the company's Bitcoin holdings to 576,230 BTC, which is now valued at more than $59 billion. According to a filing with the SEC on Monday, the software company used funds from its common stock offering and a Series A perpetual convertible preferred stock issuance to finance its most recent Bitcoin acquisition. Strategy made about $765 million in net proceeds from the sale of over 1.7 million MSTR and 621,555 STRK shares during the course of the preceding week.
More than $18.9 billion in MSTR shares and around $20.7 billion in STRK shares are still in the company's possession and can be issued and sold in the future. Regardless of market conditions, its goal is to amass $42 billion in Bitcoin by the end of 2027.
Strategy now owns more over 2.7% of the whole Bitcoin supply, making it the largest corporate holder. MARA Holdings and Twenty One, a recently founded Bitcoin-native company, are next in line.
Monday, May 12, 2025 News Update
Bitcoin has attracted a lot of investors because of its amazing long-term returns, but some have stayed away from it because of its volatility. The top cryptocurrency frequently experiences abrupt swings that might cause it to rise or fall by 10% in a few short days. If you compare it to well-known benchmarks like the S&P 500 and Nasdaq Composite, you cannot question the results, but not all investors want to cope with that degree of unpredictability. Additionally, the cryptocurrency just recovered $100,000 per coin and could rise further. These are some of the reasons to think about starting with Bitcoin if you are still unsure about taking the plunge.
Long-Term Profits of Bitcoin Are Outstanding
The rewards are undeniable, even if Bitcoin does not generate revenue and net income growth like publicly traded companies do. In the last year, Bitcoin has increased by 68%, and in the last five years, it has increased by 978%. Over the last five years, neither the Nasdaq Composite nor the S&P 500 have even doubled. Bitcoin has turned out to be a good strategy to increase your wealth. Many investors use long-term returns to gauge momentum and investors' desire for an asset but results are not always assured. Despite the uncertainty narrative, Bitcoin has been on point for a while.
Major Players Are Participating
Bitcoin had a significant year last year. Location On January 11, 2024, Bitcoin ETFs became live, and several financial institutions hurried to offer their own. ARK Invest, VanEck, Grayscale, Fidelity, and BlackRock are a few of the companies who introduced Bitcoin ETFs. More money is invested in Bitcoin by each of those ETFs, which pushes the price higher. ETFs for Bitcoin have increased the digital currency's accessibility for regular investors, which has the potential to drive its price higher in the future.
Strategic Reserves for Bitcoin
By executive order, President Donald Trump created the Bitcoin Strategic Reserve. The demand for cryptocurrency may increase as a result of this strategic reserve, increasing investor profits. Even though the Bitcoin Strategy Reserve is not new, it can nevertheless have an impact on specific states. Arizona, for example, has established a Bitcoin Strategic Reserve, making it the second state in the United States to do so. Each commitment necessitates more Bitcoin purchases, and other states may decide to join the trend.
Bitcoin is an Inflation Hedge
Additionally, as central banks issue more money, Bitcoin's value increases because it acts as a useful inflation hedge. No one can make more Bitcoins than the 21 million that are currently in circulation. That is what makes the decentralized blockchain of Bitcoin so appealing. Investors may wish to look more closely at this alternative asset if they are looking for a historically successful asset that can reduce inflation risk.
Universal Currency
People can save international currency fees and have more control thanks to universal currencies. Americans must pay fees to exchange their US dollars for British pounds when they travel to the UK. You will then need to exchange some of your remaining British pounds or US dollars into euros if you are going to any place in the EU. For frequent shoppers who travel frequently, it is a costly and time-consuming procedure. Additionally, foreign transaction fees associated with certain credit cards increase the cost of paperless purchases. When Bitcoin is used for transactions, those costs are avoided. The cryptocurrency's long-term basis appeals to those looking to reduce their foreign exchange costs.
When compared to fiat currencies, Bitcoin is still in its infancy. The yearly growth rate of Bitcoin will eventually slow down. Nonetheless, Bitcoin's universality should increase its allure in the years to come.
Monday, May 5, 2025 News Update
The amount of bitcoin owned by Strategy went up yet again after another large purchase by the company. An additional 1,895 bitcoin were bought by Michael Saylor's Strategy (previously MicroStrategy) between April 28 and May 4 for approximately $180 million, the Securities and Exchange Commission said in a regulatory filing on Monday. The average price per bitcoin that the corporation paid was $95,167. Through regular stock sale programs, the company raised money by selling its own shares. Over the course of the week, Strategy raised $180.3 million to finance the purchase of bitcoin by selling 353,825 shares of its common stock (MSTR) and 575,392 shares of its preferred stock (STRK).
Targeting $21 billion in equity money for bitcoin acquisitions, the MSTR common stock offering program was started in October 2024 as part of Strategy's "21/21 Plan" and has since been discontinued. The 21/21 Plan does not include the STRK perpetual preferred stock sale program, which was introduced in March 2025 and has a $21 billion capacity. There is still $20.87 billion in accessible STRK capacity as of May 4. The 21/21 Plan's debt component is still available to the tune of about $14 billion.
Now that the MSTR capacity of the 21/21 Plan has been used, Strategy unveiled the "42/42 Plan," which aims to generate an additional $42 billion through 2027, equally divided between debt and equity, to finance future bitcoin acquisitions. In addition, the business produces STRF perpetual preferred stocks, which are used to finance bitcoin acquisitions and are distinct from both capital plans.
With the most recent purchase, Strategy now owns 555,450 bitcoin which was purchased for $38.08 billion and is currently valued at about $52.2 billion. That is about 2.6% of the whole bitcoin supply and represents gains of over $14.2 billion on paper.
The most recent acquisition follows Strategy's first-quarter results announcement last week, which fell short of both top-line and bottom-line projections. In the first quarter, the business reported a $4.2 billion net loss, mostly due to almost $6 billion in unrealized losses on its bitcoin assets under the new fair value accounting rules. Analysts are nonetheless optimistic about Strategy despite its less than expected financial performance because of its unparalleled scale in bitcoin ownership, creative capital-raising tools, and institutional investor attraction.
Although other companies are rapidly catching up, Strategy continues to be the largest corporate bitcoin holder. Last month, Cantor Fitzgerald, SoftBank, Bitfinex, and Tether revealed their intention to start Twenty One Capital, a $3.6 billion bitcoin enterprise. Bitcoin has also been used into the treasury strategy of companies such as Semler Scientific, KULR, and Metaplanet.
History
In January 2009, Bitcoin was created by Satoshi Nakamoto. The identity of Nakamoto remains hotly debated to this day, but that person or group changed the world with this invention. Like many major breakthroughs, it took a while for people to grasp why Bitcoin was special. Bitcoin was created in the midst of the banking crisis, and one of its major goals was to give people another option to buy and sell products outside of a heavily regulated and centralized banking system.
The first entities to fully embrace Bitcoin were black market enterprises like Silk Road. For a while, Bitcoin became synonymous with the notorious website, but its use became more and more widespread starting in 2013.
That led to the price of Bitcoin skyrocketing and reaching incredible heights in 2017. On January 1, 2017 a single Bitcoin was worth $998, but that price rose by nearly 20-fold near the end of the year, hitting an all-time high of $19,666 on December 17, 2017. Bitcoin has left those prices in the dust in 2021, as the price of Bitcoin is approaching $50,000.
Stability
One of the major criticisms of Bitcoin is that the currency wildly fluctuates and that has proven to be true in 2021. As Bitcoin has become more accepted and understood, investors are getting a better understanding of what leads to price changes, and that has led to the Bitcoin market looking a lot like the stock market.
Security
There have been fears over how secure Bitcoin is over the years, but transactions are even more secure as they are in the traditional marketplace thanks to blockchain technology.
Whereas we are constantly hearing stories of companies having their databases hacked and identities being stolen, the nature of blockchain presents this from happening with Bitcoin.
For a transaction to occur, the sender must know their private key and digitally sign the transaction, and the signature must be verified by the network using the public key. The number of private keys makes it nearly impossible to hack into another person’s account, but there is one thing to keep in mind. You MUST keep your private key backed up somewhere or else you will lose access to your Bitcoin. Don’t make the mistake of not backing up your private key and risk losing your hard earned money.
How do I buy Bitcoin?
You can buy Bitcoin by using one of the major currency exchanges such as Coinbase or Gemini. These exchanges allow you to use a credit or debit card or bank transfer to buy Bitcoin. You can then send Bitcoin to your sportsbook account and you can withdraw Bitcoin from your sportsbook account to your digital wallet.
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