#Reserve Asset

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#Reserve Asset

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Marathon Digital Buys $66M More Bitcoin for Treasury Reserve Strategy

Marathon Digital Buys $66M More Bitcoin for Treasury Reserve Strategy

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Marathon Digital Holdings has added $66 million worth of Bitcoin to its treasury, doubling down on a strategy that treats BTC as a reserve asset, not just something to mine and dump for operating cash. $66 million Bitcoin purchase Marathon keeps stacking BTC on its balance sheet Mining firms can sell or hold their rewards […]

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CZ Highlights Bitcoin’s Shift to Reserve Asset Amid Declining On-Chain Activity

CZ Highlights Bitcoin’s Shift to Reserve Asset Amid Declining On-Chain Activity

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CZ Weighs in on Bitcoin’s Evolving Role Amidst Low On-Chain Activity Changpeng Zhao, the former CEO of Binance, isn’t just talking out of his hat; he’s pointing out a major shift in Bitcoin’s use case. As Bitcoin’s on-chain volume continues to lag behind its 2021 peak, CZ suggests it’s morphing from a transaction currency into […]

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Czech Republic Proposes $7.3B Bitcoin Investment Amid Global Trend

Czech Republic Proposes $7.3B Bitcoin Investment Amid Global Trend

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Czech Republic Considers $7.3B Bitcoin Investment as Global Adoption Rises The Czech Republic’s central bank is weighing a significant move by proposing to allocate $7.3 billion, or 5% of its reserves, into Bitcoin. This proposal, if greenlit, would mark one of the largest state-level Bitcoin investments and reflects a growing trend of governmental interest in […]

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