In a recent preliminary proxy filing with the Securities and Exchange Commission (SEC), MicroStrategy is seeking shareholder approval to significantly expand its authorized class A common stock from 330 million shares to a staggering 10.33 billion shares. This ambitious proposal, if approved, would theoretically provide enough stock at current share prices to acquire all the Bitcoin in circulation—nearly 20 million coins—valued at approximately $95,100 each.

French banking giant BPCE, one of the largest financial institutions in the country, is set to enter the cryptocurrency market by offering Bitcoin and crypto investment services to its customers. The service will be rolled out through BPCE's subsidiary Hexarq in 2025, marking a significant move for traditional banking in the crypto space.

For the first time in financial history, Bitcoin exchange-traded funds (ETFs) have overtaken gold ETFs in assets under management (AUM). According to K33 Research and Bloomberg analyst Eric Balchunas, U.S. Bitcoin ETFs reached a combined total of $129 billion on December 16, 2024, edging past gold ETFs, which stood at $128 billion.

This is a monumental moment for Bitcoin, especially considering its ETFs were launched just 11 months ago, compared to gold ETFs that have had over 20 years to grow. The rapid rise of Bitcoin ETFs highlights the increasing demand from institutional investors and growing optimism about Bitcoin’s future as a financial asset.

Hut 8, one of North America's leading Bitcoin miners, has just made a massive leap in its Bitcoin holdings. On December 19, 2024, the company announced a $100 million acquisition of Bitcoin, adding 990 BTC to its reserves at an average price of $101,710 per coin. This move has pushed Hut 8’s total Bitcoin stash to over 10,096 BTC, surpassing a staggering $1 billion in market value.

In this video, Mayor Ken Sim, of Vancouver City, shares his ground breaking motion to explore making Vancouver a Bitcoin-friendly city. Dive into his personal Bitcoin journey, his extensive background as an accountant, auditor, and entrepreneur, and his compelling insights into the benefits of Bitcoin as a treasury asset. Learn how this visionary leader is rethinking finance and innovation for Vancouver's future.

In this video, leading Bitcoin on-chain analyst Willy Woo dives deep on the price of Bitcoin, the current state of the market, and how each Bitcoin cycle has distinct characteristics. This cycle is characterized by Wall Street, Bitcoin ETFs, and public company purchases by MicroStrategy and others. Willy Woo also notes that, in this cycle, retail investors have only just started to show up, signalling a potential shift in market dynamics. Additionally, he mentions hearing rumours of sovereign states purchasing Bitcoin or planning to do so soon. The future looks bright for Bitcoin investors.

As Bitcoin gains global traction, Russia may take a historic step by creating a national Bitcoin reserve. A proposal from Anton Tkachev, a member of the State Duma and the Novye Lyudi party, suggests that Bitcoin could play a pivotal role in countering economic sanctions and ensuring financial stability in the face of restricted access to international payment systems.

This ground breaking proposal aligns with Bitcoin’s growing recognition as a tool for global trade resilience and strategic financial planning.