MicroStrategy purchased an additional $489 million of Bitcoin, swelling its corporate Bitcoin treasury to over 252,000 BTC worth nearly $10 billion. The company's Bitcoin strategy aims to boost returns and hedge against inflation.
Proof of Workforce and Santa Monica's vice mayor will present a case study on the city's innovative Bitcoin Office at the CMRTA Annual Conference. The office, the first of its kind in the U.S., aims to educate on Bitcoin and support economic recovery.
Around 250 BTC from Bitcoin's early days were transferred after 15 years of inactivity, revealing the huge rewards reaped by early miners. The $16 million worth of "Satoshi era" coins highlights the conviction of pioneering hodlers.
Coinbase CEO Brian Armstrong, Congressman Wiley Nickel (D-NC) emphasized the need for the United States to decisively lead on crypto policy in a bipartisan manner.
Louisiana has become one of the first U.S. states to accept Bitcoin for government payments, offering residents more flexible options for transactions.
The tournament, held during the Santa Monica Peer to Pier Bitcoin festival, will feature semi-pro and amateur divisions, awarding a $5,000 prize pool paid in bitcoin.