JUST IN: 🇺🇸 Treasury Secretary Scott Bessent says the "Treasury is moving quickly to implement" the GENIUS Act 👀

"Beginning on January 18, 2027, the expected effective date of the GENIUS Act," 👀

Source: https://x.com/BitcoinMagazine/status/2089337014889927032

JUST IN: 🇺🇸 Public company Strive purchases 79 Bitcoin for $5 million! 🚀

Source: https://x.com/BitcoinMagazine/status/2089324949240476090

FYI: 🟠 Strategy added $150M to its USD Reserve and repurchased $132M of $STRC, extending USD Duration to 2.8 yrs (+41 days) and tightening STRC BTC Credit to 114 bps (-4 bps).

As of 8/16/26: ₿840,447 BTC Reserve; $4.8B USD Reserve.

Source: https://x.com/saylor/status/2089322293822468601

💰 Strategy raised its cash reserve to $4.8B and repurchased $132.2M of STRC while keeping its Bitcoin holdings at 840,447 BTC.

📰 https://btctimes.com/strategy-raises-cash-reserve-to-4-8-billion-while-repurchasing-132-2-million-of-strc-2

📣 https://x.com/BTCTimescom/status/2089375476041052655

🚀 Strive (ASST) purchased 79 Bitcoin for ~$5 million at an average price of $63,231, increasing its holdings to 20,246 Bitcoin.

📰 https://btctimes.com/strive-purchases-79-bitcoin-for-5-million

📣 https://x.com/BTCTimescom/status/2089376634482688200

JUST IN: 🇺🇸 White House crypto meeting is positive for Bitcoin — Bitwise CIO Matt Hougan

"Outlook for the year-end is good."

Source: https://x.com/BitcoinArchive/status/2089376832533459041

BREAKING: 🟠 Goldman Sachs BOUGHT $386M worth of Michael Saylor's Strategy shares.

Now holds $558M worth of $MSTR

Source: https://x.com/BitcoinArchive/status/2089363023135719490

NEW: 🇺🇸 Harvard University reports owning $101.3M in BlackRocks Bitcoin ETF 🚀

Source: https://x.com/BitcoinMagazine/status/2089412571853959545

BREAKING: 🟠 $28B Schonfeld Advisors SOLD 20% of its Bitcoin ETF holdings in Q2.

Position drops to $384M

Source: https://x.com/BitcoinArchive/status/2089420462572839119

MICHAEL SAYLOR: 🟠 "If we fix the credit, the equity premium should expand and that's good for the equity."

"The question is if the credit business is worth $100B or $1 trillion. If there's no credit business, it's worth zero."

Source: https://x.com/BTCtreasuries/status/2089438363061502307

The US Treasury proposed new rules to implement the GENIUS Act, outlining when stablecoin issuers need a US license and when digital asset firms can offer or sell payment stablecoins to US users

The GENIUS Act framework will take effect on January 18, 2027, and public comments will be accepted for 60 days following its publication in the Federal Register.

🦘 Roobet – The #1 Crypto Casino & Sportsbook.

JUST IN: 🟠 $2.8 trillion bank Citi announces they will go live with Bitcoin custody services later this year 🚀

Source: https://x.com/BitcoinMagazine/status/2089688512316440671