Czech National Bank Chief Aleš Michl proposed the country invest 5% of its 140 billion Euros reserve in Bitcoin as part of its diversification efforts.  The development confirms the Czech Republic as one of the countries looking to adopt a Bitcoin reserve using portions of their fund.  The Bank’s Chairman confirmed that the proposal will…

The 11 Bitcoin exchange-traded funds lost $457.6 million yesterday following a bloodbath that swept across both the traditional financial markets and the crypto market.  The $457.6 million outflow yesterday was the first net outflow recorded by the Bitcoin ETFs in the past 7 trading days.  Five Bitcoin ETFs recorded outflows ranging from over $100 million…

Japanese listed firm Metaplanet announced a financial plan to raise money for what will become the largest Bitcoin acquisition in Asian Stock Market History.  The Japanese firm announced on X that it would issue 21 million stock options with a 0% discount rate, raising approximately $745 million to purchase additional Bitcoin.  メタプラネットは割引率0%の新株予約権2100万株を発行し、ビットコイン追加購入資金として約1160億円を調達します。アジア株式市場史上最大規模のビットコイン購入資金の調達となります。 pic.twitter.com/qEvV3sqYE5 — Metaplanet…

Microstrategy, the largest corporate holder of Bitcoin, has increased its Bitcoin holdings by an additional 10,107 BTC.  The Chairman of the Business intelligence firm, Michael Saylor, announced the new acquisition on his X page, giving the necessary details.  MicroStrategy has acquired 10,107 BTC for ~$1.1 billion at ~$105,596 per bitcoin and has achieved BTC Yield…