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According to the report, Europe is home to nine of the 10 least profitable countries for Bitcoin mining, based on household electricity costs.
Michael Saylor compared his firm to a “sportscar,” whereas a spot ETF will be like a “supertanker” when it comes to giving investors Bitcoin exposure.
Michael Saylor’s MicroStrategy held 152,800 Bitcoin as of July 31, and is back in the black.
Publishing the ETF applications in the official journal of the U.S. government gives the SEC up to 240 days — until March 2024 — for final approval or denial.
The funds will be utilized to expand the network, attract more users and explore diverse use cases for Manta Pacific.
The Multichain saga includes secret arrests, a suspicious exploit, and one man allegedly in control of $1.5B. Plus, Binance fires staff.
The CEO believes investors will be inclined to seek exposure to Bitcoin in a more familiar, structured and protected regulatory environment.
The CEO believes investors will be inclined to seek exposure to Bitcoin in a more familiar, structured and protected regulatory environment.
As the Mt. Gox October repayment deadline approaches, crypto observers expect a major industry event this fall.
The transition from spring to summer in Texas has been a major factor in Marathon Digital's 21% decline of Bitcoin's mined in June, according to a statement.