Bitcoin Reserve News

Binance completed its $1 billion Bitcoin conversion for its emergency user fund as crypto sentiment hit record lows and smart money traders increased short exposure.

Binance bought $300 million in Bitcoin for its SAFU reserve, pushing the fund past $720 million as the exchange shifts its emergency buffer to BTC.

Corporate BTC hoarding generates zero yield, while regulated DeFi infrastructure enables productive treasury deployment. Passive holdings become capital liability.

Bhutan has slipped to the seventh-largest nation-state Bitcoin holder, with its stash falling from 13,295 BTC in October 2024 to 5,700 BTC.

The comments came during Bessent's congressional testimony on Wednesday in a tense exchange with California Representative Brad Sherman.

The shift will take Binance’s insurance-style fund out of US dollar-pegged assets and into Bitcoin within 30 days, raising questions about user protection.

Metaplanet said proceeds will be used for Bitcoin purchases, its Bitcoin income business and partial debt repayment as it executes its capital strategy.

The state representative introduced similar legislation shortly after taking office in 2025, but the bill was deferred and not signed into law.

The partnership targets Bitcoin treasury management for Japanese companies using Rootstock-based tools, including rBTC and RIF.

In his latest interview, American media personality Tucker Carlson challenged Peter Schiff on whether Bitcoin can fix the declining US dollar system.

The proposal would fund the reserve with unclaimed crypto and staking rewards rather than direct state Bitcoin purchases.

The company also plans private debt-for-equity swaps for some holders of the Semler convertible notes that may shrink its offering size.

Michael Saylor’s Strategy has bought 14,910 Bitcoin since the start of the year, with the firm now holding over 687,000 Bitcoin.

The bill is still a "priority," White House Crypto Council Director Patrick Witt said, but interagency legalities remain a challenge.

Selling the Bitcoin would have violated President Donald Trump’s Executive Order 14233, which mandates that any Bitcoin obtained through criminal or civil forfeiture “shall not be sold.”