Day: January 6, 2025

Switzerland Proposes Bitcoin as National Reserve Asset

The Swiss Chancellery has launched an initiative to include Bitcoin in Switzerland’s national reserves. Supported by a group of crypto advocates, the campaign seeks to amend Article 99 of the Swiss Federal Constitution, enabling the Swiss National Bank (SNB) to hold Bitcoin alongside gold. The proposal was officially registered on December 31, 2024, and requires […]

Chile Explores Strategic Bitcoin Reserve

Chilean lawmakers are advocating for the establishment of a Strategic Bitcoin Reserve (SBR) to position Bitcoin as a key economic asset. Andrés Villagrán, a nation-state mining lobbyist, has been meeting with over 20 parliamentarians and multiple ministers to discuss Bitcoin’s potential benefits for Chile’s economy. “In 2023, I embarked on an incredible journey with Bitcoin,” […]

MARA Lends 7,377 BTC to Generate Yield

Bitcoin mining giant MARA has announced it lent 7,377 BTC, equivalent to approximately 16% of its total Bitcoin reserves, to generate yield through short-term arrangements with “well-established third parties.” As of December 31, 2024, MARA’s total Bitcoin reserves stood at 44,893 BTC, valued at approximately $4.4 billion. The company mined 9,457 BTC and acquired 22,065 […]

Marathon Digital: Strategic Bitcoin Lending in Focus

Marathon Digital Holdings, one of the largest Bitcoin mining companies, has announced plans to lend 7,377 BTC to third parties in 2024. This figure represents approximately 16% of its total Bitcoin reserves, which stood at 44,893 BTC as of December 31, 2024, valued at around $4.4 billion. The initiative, structured as short-term contracts, aims to […]

Metaplanet Targets 10,000 BTC by 2025

Metaplanet, a Japan-based corporation, has set its sights on becoming a major player in the Bitcoin space, aiming to increase its holdings to 10,000 BTC by the end of 2025. CEO Simon Gerovich highlighted the company’s disciplined approach to capital market tools and its commitment to Bitcoin as a strategic reserve asset. Closing 2024 with […]

Jeju Island to Launch NFT-Powered Visitor Cards

In 2025, Jeju Island, South Korea’s subtropical region known for its unique legal framework, will launch NFT-powered visitor cards to attract Millennial and Gen Z tourists. These digital cards, linked to non-fungible tokens (NFTs), will provide travel discounts, subsidies, and other incentives to enhance visitors’ experiences. The initiative, reported by Maeil Kyungja, aims to boost […]