Micah first discovered Bitcoin in 2018 but remained a skeptic on the sidelines for too long. Since 2021, he has covered crypto and business and now works as a news reporter for Bitcoin Magazine, based in North Carolina.
Elon Musk called Bitcoin a “physics-based currency” tied to energy and suggested that advances in AI and robotics could eventually make money obsolete.
A new 50-page House Financial Services Committee report formally documents what Republicans call a Biden-era “Operation Chokepoint 2.0,” detailing how regulators pressured banks to avoid crypto while publicly denying any discouragement.
Strategy announced a $1.44 billion cash reserve to cover dividends and updated its 2025 earnings forecast after Bitcoin’s price dropped sharply. The company also bought 130 more bitcoin.
TD Cowen analysts warn that Strategy’s stock may stay under pressure as they expect MSCI to formally decide by mid-January to remove PBTCs like Strategy from all its indexes in February.