Summary: The Luna Foundation Guard has bought an additional 37,863 Bitcoin worth $1.5 billionThe purchase is in line with Do Kwon’s goal of backing UST with digital asset reserves worth $10 billion The Luna Foundation Guard now holds 80,394 BTC The Luna Foundation Guard has acquired an additional 37,863 Bitcoin worth $1.5 billion to further back its popular stablecoin of UST. … [Read more...] about Luna Foundation Acquires An Additional 37.8k Bitcoin Worth $1.5B, Bringing its Total Holdings to 80,394 BTC
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Core Scientific Mined Over 1K Bitcoin in December, Nearly 6K in Total in 2021
Digital asset mining company Core Scientific mined a total of 1,044 bitcoin in December, taking its total for the year to 5,769.As of the end of the year, Core Scientific held 5,296 BTC (approximately $248 million at current prices), according to an announcement Wednesday.The total of 5,769 BTC in 2021 comfortably exceeds those of Bitfarms and Marathon Digital who both made … [Read more...] about Core Scientific Mined Over 1K Bitcoin in December, Nearly 6K in Total in 2021
Bitcoin Touches New Milestone With 90% of Total Supply Mined
Prices have mirrored the increasing supply as demand for newer bitcoin heats up. The asset exchanged hands for less than $0.10, when 10% of the supply was mined in early 2010, and hovered over $7.50 when 50% of the supply was mined in December 2012. As of press time, it trades over $49,000, having declined 28% from its peak of $69,000 earlier this year, as per data from … [Read more...] about Bitcoin Touches New Milestone With 90% of Total Supply Mined
Third-biggest Bitcoin whale’s holdings total $6B after ‘whopping’ 2.7K BTC buy-in
Bitcoin (BTC) returning to $50,000 overnight inspired one of the largest wallets to buy the equivalent of $137 million more.Blockchain data from on-chain monitoring resource BitInfoCharts highlights how one entity “bought the dip” like no other.Someone “buys the dip” to the tune of $137 millionAfter buying frequently since BTC/USD hit $69,000 all-time highs last month, the … [Read more...] about Third-biggest Bitcoin whale’s holdings total $6B after ‘whopping’ 2.7K BTC buy-in
MicroStrategy purchases $414.4 million worth of Bitcoin, with total BTC balance eclipsing $3.5 billion
Michael Saylor, CEO of enterprise data analytics company MicroStrategy, announced Monday via a Twitter post and company filing that the firm purchased an additional 7,002 Bitcoin (BTC), worth approximately $414.4 million, at an average price of $59,187 per coin. MicroStrategy sold 571,001 shares of company stock between Oct. 1 and Nov. 29 at $732.16 apiece, raising a total of … [Read more...] about MicroStrategy purchases $414.4 million worth of Bitcoin, with total BTC balance eclipsing $3.5 billion