Auto Added by WPeMatico

AI Firm Genius Group Adopts Bitcoin as Primary Treasury Reserve Asset

Genius Group Limited has announced a new “Bitcoin-first” strategy, making the cryptocurrency its primary treasury reserve asset. The move follows a recent restructuring of Genius Group’s Board of Directors to…

Continue ReadingAI Firm Genius Group Adopts Bitcoin as Primary Treasury Reserve Asset

Nano Labs Seeks Financial Boost with Bitcoin Payments Amid Financial Struggles

Chinese fabless integrated circuit design company Nano Labs has announced that it has opened a Coinbase account and begun accepting Bitcoin payments for its products. Its decision to expand its…

Continue ReadingNano Labs Seeks Financial Boost with Bitcoin Payments Amid Financial Struggles

MicroStrategy Buys 27,200 BTC for Over $2 Billion as Bitcoin Paper Profit Crosses $10 Billion

MicroStrategy is back on the bitcoin purchasing market by allocating another $2 billion to accumulate more than 27,000 BTC. It’s worth noting that the Michael Saylor-founded company now sits at…

Continue ReadingMicroStrategy Buys 27,200 BTC for Over $2 Billion as Bitcoin Paper Profit Crosses $10 Billion

Semler Scientific Continues Strategic Bitcoin Investment, Increasing Stake to 1,058 BTC

Medical diagnostics company Semler Scientific has acquired an additional 47 BTC for $3 million using operating cash flow since its previous disclosure in August. Alongside its third-quarter results, the company…

Continue ReadingSemler Scientific Continues Strategic Bitcoin Investment, Increasing Stake to 1,058 BTC

Peter Schiff’s Grim Forecast: Microstrategy’s Bitcoin Gamble Nears Dangerous Limits

Peter Schiff warns that Microstrategy’s $42 billion plan to boost bitcoin holdings, funded by debt and equity, risks a dangerous liquidity trap. He called Michael Saylor “the Egg Man.” Liquidity…

Continue ReadingPeter Schiff’s Grim Forecast: Microstrategy’s Bitcoin Gamble Nears Dangerous Limits