Bullish
#Bitcoin developments this week (6/8โ6/12):
โข ๐
@Strategy added 1,550 BTC for $101.3M, increasing holdings to 845,256 BTC after repurchasing more than the 32 BTC sold last week. Its USD Reserve also reached $1 Billion.
โข โก
@Strive acquired 32 BTC for $2.1M, increasing holdings to 19,032 BTC and matching Strategy's widely discussed 32 BTC sale.
โข ๐ฐ
$STRC shareholders approved a proposal to change dividend payments from monthly to semi-monthly beginning in July.
โข ๐
@elonmusk's SpaceX goes public on Nasdaq under
$SPCX with 18,712 BTC (~$1.19B) on its balance sheet, marking the largest IPO in history.
โข ๐บ๐ธ The American Reserve Modernization Act (H.R. 8957) would require a 20-year holding period for government-acquired Bitcoin and mandate quarterly proof-of-reserve audits.
โข ๐ค
@coinbase launched Agentic Wallets, enabling AI agents to autonomously hold funds, make payments, and trade Bitcoin.
โข ๐ Bitcoin pioneer Geir Harald Hansen backed a deal to become
@H100Group's largest shareholder as the company targets ~7,400 BTC, with support from
@adam3us.
โข ๐ญ๐บ Hungary plans to remove criminal penalties for Bitcoin and crypto trading, according to Bloomberg.
โข ๐ฏ๐ต
@Metaplanet agreed to acquire Siiibo Securities and launch Metaplanet Securities as part of its plan to build a Bitcoin-focused financial ecosystem in Japan.