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BUSINESS

Dive into Bitcoin Magazine’s Business category – latest news, trends, and analysis on Bitcoin’s impact in the corporate world.

BUSINESS

MicroStrategy Buys Additional $1.11 Billion Worth of Bitcoin

Vivek Sen -
MicroStrategy purchased an additional 18,300 bitcoins for $1.11 billion, boosting its total Bitcoin trove to 244,800 BTC acquired for $9.45 billion. The company continues its Bitcoin accumulation strategy, capitalizing on BTC appreciation.
BUSINESS

Bitcoin and Crypto Exchange HTX To Integrate Lightning Network

Vivek Sen -
One of the leading Bitcoin and crypto exchange HTX announced integration of Bitcoin's Lightning Network to enable faster, cheaper payments.
BUSINESS

El Salvador’s Bitcoin Office Celebrates 21 Months of Success, Sets Stage for Renaissance 2.0

Frank Corva -
The National Bitcoin Office (ONBTC) of the Office of the President of El Salvador, led by Stacy Herbert, aims not just to help further integrate Bitcoin into El Salvador’s economy but foster a cultural, artistic and psychological renaissance.
BUSINESS

Bitcoin Mining Difficulty Hits Record 92 Trillion

Vivek Sen -
The Bitcoin mining difficulty hit a record high of 92.67 trillion on September 11, displaying intensifying competition on the network. The rise indicates greater security from surging collective computing power dedicated to mining Bitcoin.
BUSINESS

Standard Chartered Bank Launches Bitcoin and Crypto Custody Service in UAE

Nik -
The international banking group has been granted a licence by the Dubai Financial Services Authority, allowing it to custody its clients' digital assets.
BUSINESS

Metaplanet Buys Additional ¥300 Million Worth of Bitcoin

Vivek Sen -
Publicly-listed Metaplanet purchased an additional ¥300 million ($2.2M) in Bitcoin, bringing its total holdings to 398.8 BTC bought for ¥3.75 billion ($27.6M).
BUSINESS

Proof of Workforce and Careers In Government Partner to Integrate Bitcoin into Public Sector Jobs

Nik -
Proof of Workforce Foundation and Careers In Government have teamed up to integrate Bitcoin into public sector employment practices, revolutionizing compensation and financial literacy.
BUSINESS

Australian Bitcoin ETF to Implement Proof of Reserves with Hoseki

Vivek Sen -
Australia's Monochrome Bitcoin ETF is partnering with Hoseki to implement proof-of-reserves, becoming the first Australian spot Bitcoin ETF to provide daily verification of holdings.
BUSINESS

Japan’s Largest Power Company TEPCO is Mining Bitcoin Using Renewables

Vivek Sen -
Japan's largest power company TEPCO has begun mining Bitcoin through its subsidiary using excess renewable energy, showing how Bitcoin can incentivize green energy growth.
BUSINESS

Mastercard Launches Euro Denominated Non-Custodial Bitcoin Debit Card

Vivek Sen -
Mastercard has launched a euro debit card enabling direct spending of Bitcoin and crypto from non-custodial wallets at its over 100 million merchants. The move reflects Mastercard's expanding efforts to bridge Bitcoin with its traditional payments network.
BUSINESS

Blockstream Opens New Funding Round For Its Second Bitcoin Mining Security Token

Frank Corva -
Blockstream’s second Mining Note — the BMN2 — is designed much like the successful BMN1.
BUSINESS

Coinbase CFO Says Kamala Harris Campaign Accepts Crypto Donations: Fortune

Nik -
Fortune reports that Coinbase CFO said Kamala Harris is using Coinbase Commerce to accept cryptocurrency donations for her presidential campaign.
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