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BTguru and Chainlink partner to advance tokenization in Turkey
BTguru has partnered with Chainlink to enhance asset tokenization in Turkey, leveraging Chainlink’s technology for interoperability, data feeds, and proof-of-reserves. This collaboration aims to address challenges in the tokenized asset market, providing financial institutions with secure, compliant solutions and real-time data connectivity. The partnership is expected to foster innovation and trust in the growing tokenized asset economy.
semler scientific invests 23 million in additional bitcoin holdings
Semler Scientific has purchased an additional 237 Bitcoin for approximately $23 million, raising its total holdings to 2,321 BTC valued at nearly $192 million. The company, which has issued over $120 million in stock to finance its Bitcoin strategy, reported a significant increase in its "Bitcoin yield" from 72.6% to 99.3%. This move is part of Semler's efforts to emerge from "zombie" status, as it focuses on acquiring and holding Bitcoin amidst a growing trend of corporate investments in the cryptocurrency.
Babylon Labs and Fiamma Collaborate to Enhance Bitcoin Decentralized Finance Ecosystem
Babylon Labs has partnered with Fiamma to enhance Bitcoin's decentralized finance ecosystem by integrating zero-knowledge technology through Fiamma’s BitVM2 protocol. This collaboration aims to develop trust-minimized Bitcoin bridges, expanding BTC's utility in DeFi, while Babylon Labs continues to lead in Bitcoin staking with over 57,000 BTC staked and a total value locked exceeding $6 billion.In related news, Heritage Distilling Holding Company has announced a Bitcoin Treasury Policy, planning to accept Bitcoin as payment and hold it as a strategic asset, positioning itself as a pioneer in the craft spirits industry’s cryptocurrency integration.
Heritage Distilling adopts Bitcoin treasury strategy and payment system
Heritage Distilling Company, listed on Nasdaq, has adopted a Bitcoin treasury strategy, allowing it to accept BTC for its products and services. The board approved a proposal to acquire and hold Bitcoin, aiming to leverage acceptable margins to offset potential price volatility. This move aligns with a growing trend among companies, inspired by leaders like MicroStrategy, to integrate Bitcoin into their financial strategies.
us entities dominate bitcoin reserves as institutional interest surges
U.S. Bitcoin reserves have surged, surpassing international holdings by 65% due to heightened institutional and retail interest since late 2024. Major players like MicroStrategy and new entrants are driving this growth, even as Bitcoin's price corrected from a peak of over $108,000. The shift in dominance marks a significant change from 2023, when offshore entities held the majority of reserves.
US Bitcoin Holdings Surge as Institutional Demand and Strategic Reserves Rise
US entities now hold 65% more Bitcoin than non-US counterparts, marking a record high in global reserves. This surge follows increased institutional demand, with notable players like MicroStrategy and new entrants like Thumzup Media Corporation investing heavily in Bitcoin.The trend is prompting global interest, as countries like Japan consider building strategic Bitcoin reserves, potentially inspired by US initiatives. Czech National Bank's governor has also proposed Bitcoin acquisition for diversification, joining a growing list of nations exploring crypto as a reserve asset.
corporate strategies shift as companies embrace bitcoin as treasury asset
MicroStrategy's Michael Saylor advocates for Bitcoin as a corporate treasury asset, increasing holdings to 439,000 BTC, despite criticism labeling the business model a "giant scam." Other companies like Marathon Digital and Genius Group are adopting similar strategies, while Microsoft remains skeptical. Shareholder proposals at Amazon push for Bitcoin's inclusion to combat inflation and enhance value.
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