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Michael Saylor’s MicroStrategy Acquired an Additional 9,245 BTC

MicroStrategy has continued expanding its bitcoin holdings, announcing the purchase of approximately 9,245 bitcoins for around $623 million in cash today.According to the company's new press release, it acquired the bitcoin between March 11 and 18, using proceeds from its...

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Japan’s $1.5 Trillion Pension Fund Explores Diversifying Into Bitcoin

Japan's Government Pension Investment Fund (GPIF), the world's largest pension fund managing over $1.5 trillion in assets, has announced it will explore diversifying a portion of its portfolio into Bitcoin.According to the announcement, the GPIF will solicit information on illiquid...

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$150K: Standard Chartered Bank Raises Bitcoin Price Forecast for 2024

Global banking giant Standard Chartered has upped its bitcoin price prediction for the end of 2024 to $150,000, a significant increase from its previous forecast of $100,000.In a new report, Standard Chartered analysts cited strong inflows into recently launched spot...

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How Miners Learned to Stop Worrying and Love the JPEG

This article is featured in Bitcoin Magazine’s “The Inscription Issue”. Click here to get your Annual Bitcoin Magazine Subscription.Click here to download a PDF of this article.Ordinals have been a polarizing phenomenon for most every subcommunity in Bitcoin — except...

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MicroStrategy Increases Convertible Loan to $525 Million to Buy More Bitcoin

The Michael Saylor-led software company MicroStrategy has upsized its planned convertible senior notes offering from $500 million to $525 million.The company intends to use the proceeds to acquire more Bitcoin, as per their recent press release, following a strategy it...

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Stabilizing Forces: How Bitcoin ETF Inflows Counter Price Volatility

Eleven approved Bitcoin ETFs have painted the pioneering cryptocurrency with a fresh coat of legitimacy. By receiving an official blessing from the Securities and Exchange Commission (SEC), an institutional investing barrier has been lifted.With this barrier gone, financial advisors, mutual...

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Craig Wright Is Not The Inventor of Bitcoin, Judge Rules

In a landmark ruling, a judge at London's High Court declared that Craig Wright, the Australian 'computer scientist' who has long claimed to be the elusive creator of Bitcoin, is not Satoshi Nakamoto. This decision came following a legal confrontation...

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Cypherpunk Legend Adam Back Says $100,000 Bitcoin Price is ‘Overdue’

Bitcoin pioneer Adam Back, one of the earliest cypherpunks who helped lay the ideological foundation for Bitcoin, believes that the bitcoin price is on its way to hitting $100,000, and that the move is "overdue." Back has been involved with...

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Saving Seeds in DNA: Bitcoin as Information

I recently converted a Bitcoin seed phrase into a DNA sequence, just because I can. Using only the first four letters of the BIP39 seed words, a 12-word seed phrase can be stored in a mere 48 nucleotides of DNA....

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BitGo Rolls Out RBF Integration for Faster Bitcoin Transaction Processing

BitGo, a prominent provider of Bitcoin wallets and custody solutions, has unveiled a new enhancement to its platform with the introduction of Replace-By-Fee (RBF) integration, according to a press release sent to Bitcoin Magazine. This new feature is designed to...

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