DDC Enterprise Ltd. (NYSEAM: DDC), a Chinese publicly traded company, reported record 2024 financial results and announced plans to acquire 5,000 bitcoin ( BTC) over three years as part of a new corporate reserve strategy. The initiative includes an immediate purchase of 100 BTC, with a goal to hold 500 BTC within six months.
NYSEAM-Listed DDC to Invest in 5,000 BTC
According to the firm’s…
Addentax Group Corp, a Chinese textile and apparel company, announced plans to acquire up to 8,000 bitcoins and other digital assets, including the memecoin TRUMP, by issuing shares of common stock.
Addentax Group to Bring Crypto Influencers on As Shareholders
Chinese…
Arthur Hayes predicts bitcoin could hit $1 million, driven by Trump’s massive credit expansion policies, which he argues will fuel inflation and push investors toward hard assets like BTC.
Arthur Hayes Sees a Million-Dollar Bitcoin Amid Shifting US Policies
Arthur Hayes…
Bitcoin at a Crossroads: How Nation State Acquisitions Could Reshape Cryptocurrency
November 12, 2024
Rumors swirl around the potential for nation states to acquire large reserves of bitcoin (BTC), sparking debates on the risks and benefits for the cryptocurrency’s future.
Could Nation States Holding Bitcoin Spark Hyper bitcoinization?
In recent days, rumors have emerged about nation state accumulating substantial amounts of bitcoin, with some speculation even suggesting a coordinated effort to…
Before bitcoin (BTC) hit an intraday peak of $70,016 per unit on Bitstamp on Monday, a dormant bitcoin wallet from July 27, 2017, moved 210 BTC, valued at over $14 million.
2017 Bitcoin Wallet Activity Resurfaces, 210 BTC Moved Ahead of $70K Peak
In recent days, several…
Robert Kiyosaki Predicts BTC Will Soon Hit $150K as SEC Approves Bitcoin ETFs — Says 'I Will Be Buying More Bitcoin'
January 11, 2024
Rich Dad Poor Dad author Robert Kiyosaki has predicted that the price of bitcoin will hit $150,000 “soon,” as the U.S. Securities and Exchange Commission (SEC) approved spot bitcoin exchange-traded funds (ETFs). He emphasized that he will be buying more bitcoin. Kiyosaki…
Throughout the past year, enthusiasm and speculation around bitcoin and other crypto assets have surged, particularly as the year drew to a conclusion. The Motley Fool’s forecasts for 2024 strike a pessimistic tone, anticipating a “buy the rumor, sell the news” scenario related to the spot bitcoin exchange-traded fund (ETF) and further projecting that the crypto market will not decouple from…
Dormant Since 2010, Bitcoin Address Awakens to Move 1,005 BTC Worth $29.7 Million – Bitcoin News
August 15, 2023
On the morning of Monday, August 14, 2023, at the precise block height of 803,135, a dormant bitcoin address — created on November 9, 2010 — stirred to life. After lying in slumber for an exacting 12.9 years, it awoke to spend a staggering 1,005 bitcoin, a sum swelling…
