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Oklahoma Lawmaker Proposes Bitcoin Reserve Act to Protect State Finances

Oklahoma Lawmaker Proposes Bitcoin Reserve Act to Protect State FinancesA proposed Oklahoma bill seeks to integrate bitcoin into state savings and pensions, aiming to safeguard purchasing power and position the state as a leader in digital assets. State Finances Meet Bitcoin: Oklahoma Lawmaker’s Strategic Reserve Plan Oklahoma State Rep. Cody Maynard announced on Wednesday that he has introduced the Strategic Bitcoin Reserve Act, proposing […]

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Florida Looking To Build Strategic Bitcoin Reserve via $185,700,000,000 Pension Fund, Says Political Strategist

Florida Looking To Build Strategic Bitcoin Reserve via 5,700,000,000 Pension Fund, Says Political Strategist

Samuel Armes, a political strategist and president of the Florida Blockchain Business Association (FBBA), says the Sunshine State is looking to launch a strategic Bitcoin (BTC) reserve. In a post on social media platform X, Armes says Florida will likely create its own stockpile of the leading crypto asset amid support from pro-Bitcoin leaders.  “Florida […]

The post Florida Looking To Build Strategic Bitcoin Reserve via $185,700,000,000 Pension Fund, Says Political Strategist appeared first on The Daily Hodl.

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Hong Kong gaming firm swaps $49M Ether in treasury for Bitcoin

With the latest acquisition, Boyaa Interactive has 3,183 Bitcoin in its stash, up from 2,635 at the end of September.

Boyaa Interactive International, a Hong Kong-based holding company specializing in online card and board games, adjusted its treasury assets by replacing Ether with Bitcoin.

In a Nov. 29 statement, the gaming company said it had converted 14,200 Ether (ETH), worth over $49 million, into about 515 Bitcoin (BTC) between Nov. 19 and Nov. 28.

Boyaa Interactive International now has 3,183 Bitcoin in its stash, worth $310.7 million at current prices, according to CoinGecko.

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Michael Saylor Pushes Strategic Bitcoin Reserve Citing America’s Historic Acquisitions

Michael Saylor Pushes Strategic Bitcoin Reserve Citing America’s Historic AcquisitionsMichael Saylor advocates for a strategic bitcoin reserve, highlighting its potential transformative impact through historic U.S. investments, such as Manhattan and California acquisitions. Strategic Bitcoin Reserve: Michael Saylor’s Vision for America’s Digital Future Michael Saylor, executive chairman of software intelligence firm Microstrategy (Nasdaq: MSTR) and a leading bitcoin advocate, has highlighted the potential of a […]

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Semler Scientific Expands Bitcoin Holdings to Over 1,500 BTC

Semler Scientific Expands Bitcoin Holdings to Over 1,500 BTCSemler Scientific, Inc. announced updates on its bitcoin (BTC) holdings and capital markets activities, highlighting its evolving strategy in cryptocurrency and equity offerings. Semler Scientific Reports 58.4% Bitcoin Yield as Key Performance Indicator Between Nov. 18 and Nov. 22, Semler Scientific (Nasdaq: SMLR) purchased 297 bitcoins for $29.1 million, averaging $97,995 per bitcoin, including fees. […]

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US Senator Pushes Gold Sales to Kickstart Massive Bitcoin Reserves

US Senator Pushes Gold Sales to Kickstart Massive Bitcoin ReservesA U.S. senator has proposed selling gold reserves to create a strategic bitcoin reserve, a revolutionary move to bolster the dollar and tackle U.S. national debt. Selling Gold for Bitcoin: US Senator’s Game-Changing Proposal U.S. Senator Cynthia Lummis (R-WY) shared insights during a Thursday interview with CNBC as bitcoin reached a historic peak. She attributed […]

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US State Introduces Bill to Establish Bitcoin Reserves in Treasury Funds

US State Introduces Bill to Establish Bitcoin Reserves in Treasury FundsA Pennsylvania lawmaker has introduced a bill allowing state funds to invest in bitcoin as a hedge against inflation, aiming to strengthen financial stability. Bill Introduced in Pennsylvania to Build Bitcoin Reserves for State Funds Pennsylvania State Representative Mike Cabell announced Tuesday that he is introducing a bill to allow the state’s Treasury and pension […]

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$500K Bitcoin: Novogratz’s Take on US BTC Reserve Plan

0K Bitcoin: Novogratz’s Take on US BTC Reserve PlanGalaxy Digital’s CEO predicts bitcoin could soar to $500,000 if Trump follows through with plans for a U.S. strategic bitcoin reserve, redefining global crypto policy. $500,000 Bitcoin? Bold Predictions as US Considers Strategic Crypto Reserve Michael Novogratz, CEO of Galaxy Digital, has predicted that bitcoin’s value could surge to $500,000 if the U.S. establishes a […]

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Microstrategy’s Stock Surges 185% in 2024, Outpacing Bitcoin Holdings

Microstrategy’s Stock Surges 185% in 2024, Outpacing Bitcoin HoldingsOn Tuesday, while bitcoin dipped more than 2% against the U.S. dollar, shares of the business intelligence firm Microstrategy soared over 6% from the day before. The company’s stock has outpaced bitcoin’s performance this year, climbing over 185% since January compared to bitcoin’s 47% increase. Microstrategy’s Stock Climbs 185% Year-to-Date, Other Firms Test the Holding […]

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MARA Purchases Bitcoin in September, Expands Hashrate, and Holds Mined BTC

MARA Purchases Bitcoin in September, Expands Hashrate, and Holds Mined BTCMARA, one of the largest bitcoin miners traded on the public market, acquired 192 BTC in September, while also holding onto all the bitcoin it mined during the month. MARA Strengthens Mining Operations, Grows Bitcoin Reserves to 26,842 This week, the publicly listed bitcoin (BTC) mining company MARA (Nasdaq: MARA) highlighted several operational improvements for […]

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