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๐ The company's balance sheet totaled 531,644 BTC ($45 billion), purchased at an average price of $67,556.
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The Chinese government is taking new measures to shore up the state budget amid a slowing economy, and is now enlisting private companies to sell confiscated crypto assets, Reuters reported.
These assets may include: Bitcoin, Ethereum, and other major altcoins.
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โ ๐ Michael Saylor: "Bitcoin has no counterparty risk. No company. No country. No creditor. No currency. No competitor. No culture. Not even chaos."
- They now hold 531,644 Bitcoins worth $45 Billion
๐ธ @crypto_head
- They now hold 531,644 Bitcoins worth $45 Billion
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โ The SEC chairman is now a Bitcoin supporter. He should start by allowing Ethereum staking.
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LFG๐
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๐ The company's balance sheet totaled 553,555 BTC ($52.5 billion), purchased at an average price of $68,459.
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Bitcoin has once again demonstrated its dominance, while Ethereum remains under pressure. Macroeconomic and technical factors in May could change this dynamic.
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๐ Guys, start playing by buying more Bitcoins without playing war.
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โ The Federal Reserve prints an average of $465 million every day. That's like creating 26,000 shipping containers out of thin air every year. Maybe that's why the dollar loses its value over time. But there's one thing they can never "print" more of. Bitcoin. At the size of a quarter, that's all it's worth. Isn't a store of value supposed to hold its value?
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Arizona created a Bitcoin Reserve Fund on May 7, 2025, becoming the 2nd state in the US to implement such a system.
๐น Unclaimed digital assets, airdrops, and staking proceeds will be added to the fund.
๐น The state does not buy Bitcoin directly.
๐น SB1373 has also been sent to the governor for signature.
Oregon also passed SB 167, a law regulating digital assets, on May 7, 2025.
๐น Cryptocurrencies and NFTs are recognized as legal assets.
๐น They can be used as collateral, and investors' rights are protected.
๐น A 1-year transition period has been granted.
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๐ซจ Trump's World Liberty Financial bought more ETH and BTC
๐ถโ๐ซ๏ธ A wallet possibly linked to World Liberty Financial made a large purchase 30 minutes ago:
โช๏ธ 1587 ETH ($3.5M)
๐ช 9.7 WBTC ($1M)
๐ธ @crypto_head
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