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news-imageDecember 14, 2024

Bitcoin Mining Giant Riot Platforms Adds More Than $510,000,000 Worth of BTC to Corporate Treasury

Publicly traded Bitcoin (BTC) mining firm Riot Platforms just added a massive amount of the flagship crypto to its corporate treasury. In a new announcement, Riot says it used company-issued bonds to generate revenue to purchase 5,117 BTC at an average price of $99,669 per token.
Publisher: The Daily Hodl
Sentiment: Positive
BTC

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Neutral
cover-imageThe Currency Analytics
December 14, 2024

Texas Bitcoin Reserve Bill: A Bold Step Toward Revolutionizing State Finances

The Texas Strategic Bitcoin Reserve Act outlines the creation of a state-run fund to acquire and hold Bitcoin, leveraging Texas's dominance in Bitcoin mining to enhance its financial portfolio. According to Capriglione, this initiative will bolster the state's financial position by tapping into the growing global interest in digital assets.

Positive
cover-imageThe Currency Analytics
December 14, 2024

2025 to Be a ‘Big Year' for Bitcoin, Says Pantera Capital Founder

Dan Morehead, the founder and managing partner of Pantera Capital, a leading hedge fund focused on cryptocurrency, has forecasted that 2025 will be a monumental year for Bitcoin. Speaking in a recent CNBC interview, Morehead emphasized his bullish outlook for Bitcoin, pointing to the increasing clarity around regulations and growing institutional interest as key drivers behind Bitcoin's continued ascent.

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