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What Is Strategy (MSTR)? The Bitcoin Treasury Company

MicroStrategy (MSTR) is a business intelligence company that has become a significant player in the cryptocurrency space by accumulating a large treasury of Bitcoin. As of October 2023, MicroStrategy holds over 152,000 BTC, making it one of the largest corporate holders of Bitcoin globally. The company's strategy involves using Bitcoin as a primary treasury reserve asset, which it believes will appreciate over time. MicroStrategy's CEO, Michael Saylor, has been a vocal advocate for Bitcoin, emphasizing its potential as a hedge against inflation and a store of value. The company's aggressive Bitcoin acquisition strategy has garnered both attention and criticism within the financial community.

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After State Lawsuit Losing Streak, Kalshi Nabs Victory in Tennessee—This Could Be Why

Kalshi, a prediction market platform, has achieved a legal victory in Tennessee, marking a significant turnaround after facing multiple lawsuits in other states. The Tennessee court ruled in favor of Kalshi, allowing it to operate its prediction markets without being classified as illegal gambling. This decision could set a precedent

Bitcoin shrugs off Trump's new tariffs, nears $68,000 as altcoins lead modest bounce

Bitcoin has shown resilience, approaching the $68,000 mark despite the announcement of new tariffs by former President Trump. The cryptocurrency market is experiencing a modest bounce, with altcoins leading the way in recovery. Analysts suggest that the market's reaction indicates a growing confidence among investors, as they

Trump-Backed World Liberty Plots 'Exit Mechanism' for Maldives Hotel Tokenization Project

World Liberty, a project backed by former President Donald Trump, is developing an "exit mechanism" for its hotel tokenization initiative in the Maldives. This mechanism aims to provide investors with a clear exit strategy, enhancing the project's appeal amidst the growing interest in tokenized real estate.

SEC makes quiet shift to brokers' stablecoin holdings that may pack big results

The SEC has made a subtle change in its approach regarding brokers' holdings of stablecoins, which could have significant implications for the cryptocurrency market. This shift may lead to increased regulatory scrutiny and compliance requirements for brokers dealing with stablecoins. The SEC's focus on stablecoin holdings reflects

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After State Lawsuit Losing Streak, Kalshi Nabs Victory in Tennessee—This Could Be Why

Bitcoin shrugs off Trump's new tariffs, nears $68,000 as altcoins lead modest bounce

Trump-Backed World Liberty Plots 'Exit Mechanism' for Maldives Hotel Tokenization Project

SEC makes quiet shift to brokers' stablecoin holdings that may pack big results