Yet while Bitcoin bulls cheer macro tailwinds, gold has quietly stolen the spotlight. The precious metal just surged to an inflation-adjusted record of $3,683 per ounce, surpassing a high last seen in 1980.
This year’s conference promises expanded exhibition space, an enhanced outdoor networking area, premium side events, and world-class speakers. Yachts berthed at the venue will add to the premium networking environment.
El Salvador’s National Bitcoin Office has announced a major restructuring of the country’s Bitcoin reserves, moving coins from a single…
El Salvador’s legislative assembly has approved a new law enabling large, well-capitalized financial institutions to apply for licenses to offer…
Saylor’s keynote marks a major milestone not only for the event—but for the region. Following a high-profile debut in 2024, Bitcoin MENA has cemented itself as a serious stop on the global Bitcoin calendar.
“It all comes down to power,” O’Leary said. “Whether it’s AI data centers or Bitcoin mining, they need the same thing—energy infrastructure. And often, now, these projects are one and the same.”
Citing the United States’ plans to expand its Bitcoin reserves and Bhutan’s state-backed mining initiatives, Bhandari positioned India as uniquely suited to leverage its growing renewable energy capacity to establish a state-level Bitcoin strategy.
“We view operational excellence and long-term sustainability as our north stars,” said Abdumalik Mirakhmedov, Executive President of GDA. “Auradine’s high-performance mining systems give us the competitive edge we need, while ensuring that we remain responsible energy participants—especially as part of Texas’s dynamic grid ecosystem.”
The resolution, introduced by Bitcoin advocate Ethan Peck on behalf of the conservative think tank National Center for Public Policy Research (NCPPR), argued that Meta should allocate a portion of its $72 billion in cash and cash equivalents to Bitcoin.
Michael Saylor, long hailed for his Bitcoin evangelism, framed BTC not only as an asset but as incorruptible, programmable digital property engineered to outperform traditional instruments.
The acquisition follows months of speculation and comes after GameStop hinted at a broader GameStop cryptocurrency investment strategy in March, when it announced plans to raise $1.3 billion through a convertible note offering.
The raise consists of $1.5 billion in newly issued common stock and $1 billion in convertible senior secured notes. The transaction is expected to close on May 29, with crypto custody to be handled by Crypto.com and Anchorage Digital.
Bitcoin’s latest rally has elevated it above Amazon, whose market cap currently stands at $2.15 trillion. Only gold ($22T), Microsoft, NVIDIA, and Apple (ranging between $3.1T–$3.4T) now sit above it in the global asset rankings.
Despite Dimon’s personal stance, the announcement reflects growing institutional demand for Bitcoin, especially in the wake of the asset’s growing legitimacy and adoption among asset managers, corporates, and retail investors.
Although Ukraine does not yet hold an official crypto reserve, it has already amassed significant amounts of digital assets through global donations in response to the ongoing war with Russia.
This move comes as mining companies grapple with a shifting market landscape, especially following the April bitcoin halving event, which effectively reduced mining rewards and increased operational pressures across the sector.
The acquisition was funded through proceeds from the company's recent stock offerings. As detailed in the filing with the Securities and Exchange Commission (SEC), Strategy raised roughly $1.4 billion by selling around 4.02 million shares of its Class A common stock (MSTR) and an additional 435,069 shares of its 8.00% Series A preferred stock (STRK) during the same period.
The company’s aggressive expansion in Bitcoin mining operations has not only boosted its revenue but also significantly increased its cryptocurrency holdings. With a strategic push into North America, including new partnerships and upgraded mining facilities, Canaan is poised for even greater success.
The idea of integrating crypto mining into Pakistan’s energy framework has gained traction following a recent meeting between Power Minister Awais Leghari and Bilal Bin Saqib, CEO of the newly formed Pakistan Crypto Council (PCC).
The move comes as Strategy continues to aggressively accumulate Bitcoin. On Monday, the firm disclosed the purchase of approximately $10.7 million worth of Bitcoin, bringing its total holdings to an estimated $41.4 billion.
The downturn coincided with a weak start for U.S. equity markets. The Nasdaq opened the week with a sharp 3% drop, while the S&P 500 declined by 2%, reflecting growing concerns over macroeconomic instability.
The White House will host its first-ever Crypto Summit on Friday, March 7, an event expected to shape the future…
A key factor contributing to the market's turnaround appears to be a policy shift from the White House. U.S. President Donald Trump is set to host a crypto summit on March 7, bringing together industry leaders, investors, and members of the President's Working Group on Digital Assets.
Among the affected ETFs, Fidelity’s FBTC recorded the largest outflow, with investors withdrawing $344 million. BlackRock’s IBIT followed with $164 million in outflows, while Grayscale’s GBTC saw a net outflow of $66 million.
