The Bitcoin Minute

1. The U.S. Treasury has recognized Bitcoin as 'digital gold,' emphasizing its role as a store of value in decentralized finance. This acknowledgment highlights Bitcoin's growing importance and its appeal as a hedge against financial risks.
2. Donald Trump's proposal to eliminate capital gains taxes on U.S.-issued cryptocurrencies like Bitcoin could significantly boost the adoption and growth of digital assets in the U.S. This move aims to create a competitive advantage for U.S.-based projects, drive capital flows, and promote domestic innovation.
3. MicroStrategy has significantly increased its bitcoin holdings to 423,650 BTC following another multi-billion dollar purchase. The company continues to invest heavily in bitcoin, positioning it as a core reserve asset to hedge against inflation and diversify its corporate treasury.
4. MicroStrategy has recently acquired 21,550 Bitcoin for approximately $2.1 billion, further solidifying its position as a major institutional holder of the cryptocurrency. This purchase was made using a combination of cash and proceeds from a $3 billion convertible senior note offering.
5. MicroStrategy has continued its aggressive Bitcoin buying strategy, adding billions more in the cryptocurrency. This move has significantly increased the company's holdings, making it one of the largest institutional holders of Bitcoin.
6. MicroStrategy has continued its aggressive Bitcoin buying spree, purchasing $2.1 billion worth of the cryptocurrency. This latest acquisition brings their total holdings to nearly $23 billion, solidifying their position as one of the largest corporate holders of Bitcoin.
7. Riot Platforms, a major bitcoin mining company, has raised $500 million to fund its infrastructure expansion in Texas and purchase new mining equipment. The company's hashcost has spiked to $80/PH/s due to the termination of its colocation segment and legal disputes.
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