Steve Hanke is wrong about something Bitcoin related once again.
He’s recently taken aim at the idea of the U.S. creating a Strategic Bitcoin Reserve (SBR).
In the video...
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.
Medical device maker Semler Scientific purchased an additional 83 Bitcoin for $5 Million, boosting its total Bitcoin treasury to 1,012 BTC acquired for $68M. Semler is pursuing a strategy of buying Bitcoin with cash reserves.
Marathon Digital purchased $249 million of Bitcoin, expanding its corporate treasury to over 25,000 BTC. The Nasdaq-listed mining firm continues aggressively accumulating Bitcoin.
Senator Cynthia Lummis announced legislation directing the U.S. government to acquire 1 million Bitcoin worth over $68 billion. Lummis said purchasing Bitcoin as a strategic reserve would stabilize the dollar and counter inflation.