Latest news with #BTCPrague
Yahoo
30-06-2025
- Business
- Yahoo
Strategy Buys Another $530 Million Worth of Bitcoin
Bitcoin treasury company Strategy has acquired another 4,980 bitcoin, taking its total holdings to 597,325 bitcoin. The recent purchases were funded through the usual at-the-market mechanisms Strategy has become infamous for using. Strategy's executive chairman also recently made the case that the bitcoin price could rise to $21 million over the next 21 years. Bitcoin treasury companies are on the rise more generally, as there are now 140 publicly traded companies with bitcoin on their books around the world, according to (MSTR), which was formerly known as MicroStrategy, has acquired an additional 4,980 BTC, for approximately $531.9 million, according to an SEC filing. The bitcoin purchases came in at an average price of $106,801 per bitcoin, and the bitcoin treasury company's total bitcoin holdings now stand at 597,325 bitcoin, currently valued at over $64 most recent bitcoin purchases were financed through a mix of capital raised via the sale of common stock (MSTR) and newly issued preferred stocks (STRK and STRF), which are part of the company's extensive at-the-market (ATM) equity programs. These efforts reflect the broader $84 billion capital raise initiative under the firm's '42/42' plan, which is intended to fund continued bitcoin accumulation through 2027. Recently, Strategy Executive Chairman Michael Saylor made the case during the BTC Prague conference that the bitcoin price could rise to $21 million over the next 21 years, which explains the company's reasoning behind acquiring as much bitcoin as they can as quickly as possible. As of now, the company's average bitcoin purchase price sits at $70,982 per coin, resulting in over $21 billion in unrealized gains. According to Strategy is by far the world's largest publicly traded bitcoin treasury company, with the closest competitor—bitcoin miner MARA Holdings—having a bitcoin stash of roughly a tenth the size of Strategy's. Bitcoin treasury companies have exploded in popularity over the past couple of years, as the cryptocurrency continues to gain adoption as a strategic reserve asset for corporations. There are now at least 140 publicly traded companies with bitcoin on their balance sheets around the world. Strategy shares are up 2% in Monday morning trading and are up more than 35% for the year. Read the original article on Investopedia Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Gulf Insider
23-06-2025
- Business
- Gulf Insider
Strategy's Michael Saylor Raises Bitcoin forecast
Bitcoin bull and Strategy founder Michael Saylor has doubled down on the long-term value of BTC amid fast-changing geopolitical and cryptocurrency adoption took the stage with a keynote speech at the BTC Prague 2025 event on Saturday, predicting that the price of Bitcoin would hit $21 million in 21 years. 'I think we're going to be $21 million in 21 years. It's a very special time in the network. Maybe the one time in the history of the network where you look out 21 years and you see $21 million,' Saylor stated. Source: Michael Saylor Saylor's latest bullish Bitcoin prediction is a massive increase from his previous forecast made at the Bitcoin 2024 conference in Nashville last year, when he predicted that Bitcoin would hit $13 million by 2045. In the keynote, Saylor reasoned his growing bullishness on the Bitcoin market with many geopolitical, regulatory and adoption developments, which he said nobody conceived last year. 'Stuff that's happened in the past 11 months has been extraordinary. The White House has embraced Bitcoin. This is an extraordinary development. We didn't anticipate this,' Saylor said. Saylor emphasized that he has always been bullish on Bitcoin, even when it plummeted to $16,000 in the last crypto winter, but Donald Trump's presidential victory last November 'brought a sea change in politics,' he stated. Michael Saylor at the BTC Prague on June 21, 2025. Source: Trezor 'Although we thought we might have a pro-Bitcoin president, we didn't think we'd get a strategic Bitcoin reserve. We didn't think that the president would say America would be the Bitcoin superpower of the world. This is an amazing development,' Saylor added. The Strategy founder also mentioned growing regulatory and legislative developments around crypto, referring to three crypto-related bills progressing in the US, including the stablecoin-focused Genius Act, the Digital Asset Market Clarity Act and the Bitcoin Act. 'This is something nobody guessed, no one conceived of a year ago. States in the United States are embracing Bitcoin,' Saylor said. Also read: Coinbase CEO Fears Bitcoin Replaces Dollar If US Debt Grows As Elon Musk Calls For Firing Of 215 Republicans
Associated Press
15-04-2025
- Business
- Associated Press
George Washington University Institute of Public Policy and BTCPrague Announce First Bitcoin Conference in Washington, D.C.
Washington, D.C., April 15, 2025 (Bitwire) -– The George Washington University is proud to announce its collaboration with BTCPrague to host the largest Bitcoin Conference in the nation's capital, Washington, D.C. The event, called 'BTC in DC,' will take place at the prestigious Kennedy Center, one of the country's most established cultural centers, on September 30th and October 1st, 2025. BTC in DC will bring together the Bitcoin community with federal regulators, members of the U.S. Congress, and representatives from the current administration to engage in important discussions about the regulatory framework surrounding Bitcoin at a critical time for our country. The conference will feature a lineup of distinguished speakers, including: 'The transformative power of Bitcoin is already evident, yet realizing its full potential for America's economy requires thoughtful regulatory and legislative advancements,' said Aurelien Portuese, Research Professor and founding director of the GW Competition & Innovation Lab at George Washington University. 'There is no better place than the nation's capital—and no better time than 2025, under a pro-Bitcoin administration—to shape policies that will unlock Bitcoin's immense opportunities. Now is the moment to work together to ensure the United States leads in harnessing this groundbreaking innovation.. This conference will be a much-needed moment to bridge the gap between the Bitcoin community, policymakers, and academia in Washington D.C.' Attendees can expect a series of engaging panels, keynote speeches, and networking opportunities designed to foster collaboration and knowledge sharing among industry leaders, policymakers, and advocates for Bitcoin. Sessions will take place at the iconic Eisenhower Theatre of the Kennedy Center, and the conference will address key topics such as regulatory frameworks and Bitcoin's role in the future of finance. As the largest Bitcoin conference in Europe, BTCPrague has established itself as a leading platform for Bitcoin advocates worldwide, attracting over 8000 people to the Czech Republic every year. Prague stands as a hub for Bitcoin innovation, with notable technological advancements such as the first Bitcoin mining pool and the leading hardware wallet Trezor being established in the country. Recently, the Czech government and central bank have also embraced Bitcoin with enthusiasm. 'Washington, D.C. is a key location to explore Bitcoin's evolving role in the financial system,' said Matyáš Kuchař, Co-founder of BTC Prague. 'As organizers of the largest Bitcoin conference in Europe, we are excited to work on this U.S.-centric conference and foster meaningful conversations about Bitcoin's future.' As part of BTC in DC, George Washington University and BTC Prague are excited to collaborate with Swan Bitcoin as the event General Partner. 'We are thrilled to collaborate with Swan Bitcoin as a General Partner for 2025 and years to come,' said Professor Portuese. 'Swan's commitment to Bitcoin education, media reach, and large-scale events brings a strong United States experience to BTC in DC.' 'We are at an incredible point in history with Bitcoin in the United States, and the entire Swan Bitcoin team is excited to support the BTC in DC movement,' said Cory Klippsten, Founder and CEO, Swan Bitcoin. Registration details and the full agenda will be announced in the coming weeks at . About George Washington Competition & Innovation Lab (GWCIL) The GW Competition & Innovation Lab is a leading research institute that envisions a world where markets are characterized by robust competition, innovative entrepreneurship, leading to sustainable economic growth and societal progress. Learn more about the Lab at About BTCPrague BTC Prague is the largest Bitcoin conference in Europe. Every year since 2023, it brings together tens of thousands of people and hundreds of companies focused on Bitcoin. Learn more about BTCPrague at About Swan Bitcoin Swan Bitcoin is the USA's #1 Bitcoin-based wealth platform, serving the fast-growing cohort of Bitcoin investors, who control an increasing percentage of global wealth. Learn more about Swan Bitcoin at
