Bitcoin Market Developments ↗️

MARA Unveils Bitcoin Lending Strategy

Bitcoin mining company MARA Holdings revealed in its monthly report that it has lent out 16.4% of its Bitcoin reserves to third parties. This move aims to generate additional returns for shareholders, with 7,377 Bitcoins being loaned out. The company has kept the borrowers' identities confidential, confirming that the lending program was active throughout 2024.

Metaplanet Targets Increased Bitcoin Reserves

Japanese venture capital firm Metaplanet aspires to boost its Bitcoin holdings to 10,000 units by 2025. This goal represents a significant increase from its current balance of 1,762 Bitcoins. The company plans to use advanced financial tools to achieve this increase, reinforcing its position as the largest Bitcoin holder among Asian companies.

Shifts in the Digital Currency Industry

Ripple Refocuses on the U.S. Market

Brad Garlinghouse, CEO of Ripple, disclosed a major shift in the company's hiring strategy. Currently, 75% of Ripple's job openings are based in the United States, marking a notable change from previous years when the company focused on hiring outside the U.S. due to its legal dispute with the Securities and Exchange Commission.

Jeju Island Innovates in Digital Tourism

South Korea's Jeju Island is preparing to launch a "digital tourist residence card" in the form of an NFT in the second half of 2025. This initiative aims to attract Millennial and Gen Z tourists by offering unique benefits such as travel support. The cards will undergo a testing period before their official launch.

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