WisdomTree OfficiallyFiles S-1 For Spot XRP ETF
WisdomTree, a prominent player in the ETF market, has officially filed for the launch of a spot exchange-traded fund (ETF) backed by XRP. The filing was submitted on Dec. 2, making WisdomTree the fourth company in the U.S. to take this step. The proposed product, known as the WisdomTree XRP Fund, aims to give investors […]
MicroStrategy Acquires $1.5 Billion Worth of Bitcoin in a Single Week
MicroStrategy, a prominent corporate Bitcoin investor, disclosed that it acquired about 15,400 BTC between November 25 and December 1. This acquisition, financed through a $1.5 billion stock sale under its at-the-market (ATM) equity program, was made at an average price of $95,976 per Bitcoin. In a December 2 filing with the U.S. Securities and Exchange […]
Michael Saylor Tells Microsoft Could Gain $5 Trillion in Value with Bitcoin
MicroStrategy chairman and prominent Bitcoin advocate Michael Saylor has made a bold case to Microsoft’s board, suggesting the tech giant could boost its market capitalization by nearly $5 trillion by fully committing to Bitcoin. Saylor presented his argument in a rapid-fire pitch, delivering 44 slides in just over three minutes. The presentation, shared in a […]