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NAVAL: You can’t shut down bitcoin without turning off the whole internet. If it works, it will be the greatest wealth transfer of all time. $BTC #Bitcoin
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NEW: Cathie Wood's ARK to donate a fixed percentage of revenue to OpenSats to fund open source #Bitcoin contributors in perpetuity 🙌 $BTC
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Buffett sells half of Apple shares, cash back His company Berkshire Hathaway, of which Warren Buffett is the largest shareholder, sold half of Apple's shares. With sales of $84.2 billion, the company's cash assets rose to a record high to $277 billion. Famous stockbroker Warren Buffett's company Berkshire Hathaway sold half of Apple shares in the second quarter, which by far accounted for the largest share in its portfolio. Prior to the sale, Apple shares in Berkshire Hathaway were worth close to $170 billion. According to the latest report, the company now holds $84.2 billion in Apple shares. This means that about 49 percent of the shares are sold. Despite this large sale, Apple still remained the largest company in Berkshire Hathaway's portfolio. According to the current table, the second company with the largest share in the portfolio is Bank of America, with $41.1 billion. It is followed by American Express with $35.1 billion, Coca Cola with $25.5 billion, and Chevron with $18.6 billion. With the sale of Apple shares, Berkshire's cash asset was $277 billion, which was recorded as a new record level. Buffett had started to reduce Berkshire's shares in Apple late last year, with the billionaire, who raising the pace of share sales in early 2024, said in May that he would remain among Apple's long-term investments. This big stock sale of Buffett, which was seen as a surprise, said, 'Does he know something?' It caused comments to be made. #WarrenBuffett #apple
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Marathon Sells 50% of Mined Bitcoin Amid Higher-than-Expected Losses
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15 token-related fraud investigation from CFTC The US Commodity Futures Commission (CFTC) is conducting a fraud investigation associated with 15 tokens, including meme coin BEN. The US Commodity Futures Commission (CFTC) sent a subpoena to the media company Hit Network which is the face of the American crypto phenomenon Ben Armstrong, also known as "BitBoy". According to the news of The Block the institution requests information about trading transactions and digital wallets associated with 15 different tokens. The submitted paper states that this is part of an investigation into people who commit fraud through digital currencies. It was determined that Armstrong included all the aforementioned tokens in various videos. One of them is Membrana (MBN), which he said in a YouTube video he published,had the potential to increase his price 100 times. Another token was the meme coin BEN. No information was given on which of the other tokens were available. On the other hand, it was noted in the subpoena that there was no reference to Armstrong. Armstrong, in August 2023, after allegations that he was addicted to drugs, Hit Network CEO T. J. He had been sacked by Shedd. The crypto phenomenon denied the claim that it used heavy drugs while admitting to taking diet pills and steroids. Armstrong was detained and released for going to his former business partner's house to take back a Lamborghini vehicle, which he claimed belonged to belong to him, after leaving the company. Armstrong, who sued the Hit Network, said that he was extremely happy in a statement after sending a subpoena to the company. Armstrong said, “For over a year, all I wanted was for people to listen to me. Everyone in this industry turned their backs on me. And now, many of these people will start to feel the weight of their betrayal,” he said. While under the umbrella of the Hit Network, Armstrong was regularly preparing YouTube videos in which he gave token suggestions, saying that he would enrich his audience. He admitted that he made these videos by charging for fake projects. #ben
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