The report follows comments from White House crypto adviser Patrick Witt in May, who said the administration was examining the legal implications of creating a Bitcoin reserve.
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The report follows comments from White House crypto adviser Patrick Witt in May, who said the administration was examining the legal implications of creating a Bitcoin reserve.
Bitcoin reversed course from its Monday open selloff and closed the day above $64,000 as bulls began to price in Strategy’s selling.
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The reported transaction comes as Tether maintains it has no plans to go public, even as other crypto companies pursue or delay IPOs.
Bitcoin sold off as news of Strategy selling BTC shook investors’ nerve but the quick rebound suggests bulls remain ambitiously positioned.
The developers behind the memecoin project said they had informed law enforcement after the attack and were working to “recover funds and identify those responsible.”
The Luxembourg approval completes the company’s MiCA licensing process, enabling it to provide regulated crypto-asset services across the European Economic Area.
Bitmine’s big buy contrasts with crypto treasury peer Strategy, which reported selling millions of dollars worth of its Bitcoin holdings on Monday.
The UN Development Programme said blockchain payment pilots in five countries cut costs, improved resilience and will now inform wider use across its humanitarian and development programs.
The Bitcoin miner signed a 20-year AI infrastructure lease with Anthropic and sold its majority stake in a separate AI data center joint venture.