Strategy, the largest publicly traded corporate holder of Bitcoin, has announced plans to raise up to $21 billion through a preferred stock sale to further expand its cryptocurrency holdings.
Donald Trump also criticized the previous administration’s handling of cryptocurrency assets, alleging that the Biden administration had sold off large amounts of Bitcoin.
U.S. President Donald Trump has signed an executive order to create a Strategic Bitcoin Reserve, marking a major shift in the government’s approach to digital assets.
El Salvador’s President Nayib Bukele has reaffirmed the country’s commitment to accumulating Bitcoin, despite an agreement with the IMF that calls for scaling back crypto-related activities.