On June 25th, TruSpine Technologies plc (AQSE: TRUP), a UK-listed medical device company, announced on Wednesday that it will implement a bitcoin fiscal reserve policy as a supplement to traditional cash reserves. The company plans to strategically allocate funds from future fundraising activities to establish a bitcoin position, which the company's directors see as a hedge against inflation and geopolitical events.
According to official news, ATIF Holdings Ltd, a US stock listed company, announced a stock issue plan to raise 100 million US dollars for the purchase of Dogecoin (DOGE) as the company's financial reserve investment, in order to become the first US stock listed company to primarily invest and hold Meme tokens. ATIF Holdings Ltd recently changed its name to ZBAI on NASDAQ. In addition to planning to hold part of its financial reserves in the form of Dogecoin (DOGE), it will continue to purchase ...
SolarBank Corporation has announced plans to include bitcoin in its financial reserves, following Michael Saylor's strategy. The company has applied to open a Coinbase Prime account to securely store bitcoin, a move aimed at protecting against inflation and currency devaluation risks while attracting investors interested in cryptocurrencies and DeFi. As a North American developer of solar and battery energy storage projects, SolarBank says it can use clean energy to reduce the environmental burd...
On April 12, according to PRpeak, Ken Sim, the mayor of Vancouver, Canada, recently delivered a keynote speech at the event, saying that he will continue to promote Vancouver as a bitcoin-friendly city. He is currently waiting for a report from the city staff to confirm the integration of digital currencies into the financial strategy and system of the city of Vancouver, including but not limited to accepting bitcoin to pay taxes and fees, and converting part of the city's fiscal reserves into b...
VanEck Digital Assets Chief Research Officer Matthew Sigel posted a disclosure that Florida Republican Representative and gubernatorial candidate Byron Donalds pledged support for the inclusion of bitcoin in state reserves on Fox News. Donalds volunteered without being asked: "Digital assets have found a home in Miami-Dade County. We hope to continue to grow on this framework. For the state's portfolio, I hope to be able to include bitcoin as part of the state's fiscal portfolio."...
There is a view that Musk's request for an audit of the country's gold reserves may be a prelude to a revaluation. Click to view...
Do you want to check the account to find the "big vault"? What is the situation of the US gold reserves targeted by Musk?
The US EIA strategic petroleum reserve stocks 0 barrels in the week to February 14, and the previous value was 249,000 barrels.
The US Strategic Petroleum Reserve did not increase during the week of February 14, the first time since December 2023.
"When it comes to sovereign wealth funds, I said, 'monetizing the balance sheet' is definitely not what I want," Mr. Bescent, the Treasury secretary, said of revaluing gold reserves. Pressed if he would discuss the issue, he repeated, "It's not what I want." Gold reserves are currently priced at $42.22 an ounce, the traditional official price from decades ago. Revaluing these assets based on current market prices could...