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Bitcoin Archive
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Archie
BREAKING: 🇧🇷 BlackRock to launch #Bitcoin  ETF in Brazil this Friday. image
🟠 JUST IN: BlackRock's #Bitcoin  ETF $IBIT took in $520 million yesterday. - The biggest inflow for a $BTC ETF ever! - The 2nd biggest inflow of any ETF yesterday - $8b in total assets - Top 5% among all ETFs image
BREAKING: 🇪🇹 Ethiopia to build $250M #Bitcoin  mining and AI data facilities. image
Michael Saylor Bet Billions on #Bitcoin  and Keeps Winning -------------------- MicroStrategy had a market cap of $1.3b when it first bought bitcoin on the 11th of August, 2020. This kicked off a Bitcoin buying spree that has seen the company spend $5.98 BILLION accumulating 190,000 $BTC To date this is the single largest corporate treasury holding of Bitcoin. The 190,000 Bitcoin acquired for $5.98b is currently worth $9.96b. Profit so far = $3.98b Starting market cap = $1.3b ‼️Unrealised profit is 3x bigger than the entire market cap of MSTR before it bought bitcoin. It's market cap now is up more than 9x at $11.94b. When Bitcoin hits $100K USD, MicroStrategy's profit on its current Bitcoin holding will be worth £13.58 BILLION. More than 10x its market cap from when it first started buying Bitcoin. #Winning 🤑
JUST IN: #Bitcoin  ETFs have taken in $2.88 BILLION in in just 6 days (net of GBTC outflows). 🟠This train is not stopping... 🚆 image
JUST IN: The 9 new Bitcoin ETFs now hold 258,770 $BTC in total, buying an average of ~10,000 #Bitcoin  a day. This is about 11x the daily issuance from the block reward. CHART: Daily number of Bitcoin acquired by ETFs net of GBTC outflows. image
JUST IN: #Bitcoin  ETFs are catching up to Gold ETFs for assets. $37b for $BTC $93b for Gold 💥After just 25 trading days! image
NEW: Grayscale Bitcoin outflows have stabilised under $100m per day as inflows into the other 9 #Bitcoin  ETFs are around $400-$600m per day. image
JUST IN: #Bitcoin ETFs broke $3 BILLION net inflows in just one month. It took the Gold ETF 2 years to do that.| image
Michael Saylor says "there's 10 years of pent up demand" for #Bitcoin  ETFs and now investors are realising there is "10 times as much demand through ETFs as there is supply from natural sellers". image
#Bitcoin  has been higher than $50K for only 144 days in it's entire existence. That's just 2.44% of its lifetime! image
JUST IN: Peter Thiel’s Founders Fund bought $100m #Bitcoin - Reuters image
JUST IN: #Bitcoin  ETF inflows have been bigger than Grayscale's outflows for 9 days in a row. image
JUST IN‼️ Michael Saylor’s MicroStrategy just bought another 850 #Bitcoin  worth $37.2m image