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Who owns the most Bitcoin in the world? MicroStrategy, which holds more than 1 percent of all Bitcoins in existence, now owns more #Bitcoins than the United States with its latest acquisition. The United States-based software company now has more cryptocurrencies than any other country, increasing its Bitcoin (BTC) assets to over $14 billion. In its latest financial results, MicroStrategy announced that it purchased 25 thousand 250 Bitcoins in the first 4 months of 2024, reaching a total of 214 thousand 400 BTC. This figure corresponds to more than 1 percent of all Bitcoins in existence. According to data collected by Bitcoin Treasuries, the USA holds 207 thousand 189 BTC worth $ 13.5 billion. According to the news in Independent Turkish, the company has become the public company with the most Bitcoins in the world with the number of Bitcoins it owns. The company's holdings of Bitcoin are more than 10 times that of Marathon Digital Holdings, the publicly traded company that holds the second most Bitcoin. “Thanks to our unique Bitcoin strategy and solid operating company background, we currently own 214,400 Bitcoins at an average unit price of $35,180,” said MicroStrategy CEO Phong Le. Bitcoin is currently trading at approximately 64 thousand dollars. This means MicroStrategy has earned more than $6 billion from its crypto investment. It seems unlikely that MicroStrategy will cash out its investment; founder Michael Saylor frequently posts images of diamond hands on X (formerly Twitter), signaling that he intends not to sell despite price fluctuations. “MicroStrategy anticipated volatility when it adopted a Bitcoin Strategy and structured its balance sheet so that it could continue to #HODL (Hold On for Dear Life) in the face of adversity,” Saylor wrote during the crypto market big drop in 2022. On Monday, with the price of Bitcoin once again nearing record highs, Saylor wrote: Bet for the winner #Bitcoin $BTC

Who owns the most Bitcoin in the world?

MicroStrategy, which holds more than 1 percent of all Bitcoins in existence, now owns more #Bitcoins than the United States with its latest acquisition.

The United States-based software company now has more cryptocurrencies than any other country, increasing its Bitcoin (BTC) assets to over $14 billion.

In its latest financial results, MicroStrategy announced that it purchased 25 thousand 250 Bitcoins in the first 4 months of 2024, reaching a total of 214 thousand 400 BTC. This figure corresponds to more than 1 percent of all Bitcoins in existence. According to data collected by Bitcoin Treasuries, the USA holds 207 thousand 189 BTC worth $ 13.5 billion.

According to the news in Independent Turkish, the company has become the public company with the most Bitcoins in the world with the number of Bitcoins it owns. The company's holdings of Bitcoin are more than 10 times that of Marathon Digital Holdings, the publicly traded company that holds the second most Bitcoin.

“Thanks to our unique Bitcoin strategy and solid operating company background, we currently own 214,400 Bitcoins at an average unit price of $35,180,” said MicroStrategy CEO Phong Le.

Bitcoin is currently trading at approximately 64 thousand dollars. This means MicroStrategy has earned more than $6 billion from its crypto investment.

It seems unlikely that MicroStrategy will cash out its investment; founder Michael Saylor frequently posts images of diamond hands on X (formerly Twitter), signaling that he intends not to sell despite price fluctuations.

“MicroStrategy anticipated volatility when it adopted a Bitcoin Strategy and structured its balance sheet so that it could continue to #HODL (Hold On for Dear Life) in the face of adversity,” Saylor wrote during the crypto market big drop in 2022.

On Monday, with the price of Bitcoin once again nearing record highs, Saylor wrote: Bet for the winner #Bitcoin
$BTC

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Important statement from NVIDIA CEO before COMPUTEX 2024! NVIDIA CEO Jensen Huang addressed industry leaders, press members, entrepreneurs and technology enthusiasts ahead of #COMPUTEX2024 . Huang said that Taiwan is the home of NVIDIA's most valuable partners and everything #NVIDIA does starts from here. He stated that they created the world's artificial intelligence infrastructure together with their partners in Taiwan. He touched on three main topics in his speech: What generative artificial intelligence is and its impact, the roadmap for the future, and what's next. Huang noted that the computer industry is about 60 years old and has experienced only a few major technological changes in that time. Today, we are on the verge of such a change. He said the performance growth of central processing units (CPUs) is slowing down, but our processing needs are increasing exponentially. This leads to computing inflation. The solution lies in accelerated computing, which they have been working on for 20 years. NVIDIA's #CUDA platform supports CPUs, accelerating workloads where dedicated processors can perform much better. Huang predicted that every application and data center will be accelerated in the future. Accelerated computing is a solution that is both logical and sustainable. Huang showed that 25 times more performance/Watt ratio can be achieved with only a 3-fold increase in power consumption and a 50% increase in costs, while providing 100-fold acceleration. Accelerated computing is no easy task. Software needs to be completely rewritten and algorithms restructured. #NVIDIA has been developing domain-oriented libraries for 20 years to meet this challenge. These include the deep learning library cuDNN, the artificial intelligence physics library, the 5G radio library Ariel, the chip manufacturing library cuLitho, the gene sequencing library Parabricks, the combinatorial optimization library cuOpt, and cuQuantum for quantum computer simulation. $BTC $ETH $BNB
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🧙‍♂️ Ethena's USDe stablecoin reached a $3 billion supply. According to #Token Terminal, Ethena Labs (#ENA ) could generate $222 million in revenue in the next 12 months. $BTC $ENA
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Bitcoin Bull Nayib Bukele is President of El Salvador Again: Here is the Amount of BTC His Country Owns. #ElSalvador President Nayib Bukele was sworn in for a second term on Saturday, vowing to address the country's economic problems with the same determination that marked his campaign against gang violence in his first term. #Bukele , who was re-elected in February with more than 80% of the vote after a controversial court decision, has declared his intention to cure the country's economic "illnesses". Speaking from the balcony of the National Palace in San Salvador, 42-year-old Bukele assured the public that the gang-related violence plaguing the country was largely under control. “#Salvadorian society is still sick, but it is no longer cancerous,” he said, referring to the criminal gangs that once made El Salvador one of the most dangerous countries in the world. With security largely restored, Bukele now faces the difficult task of reviving the stagnant economy. “Now that we have ensured the most urgent issue, security, we will focus on important problems, starting with the economy,” he said. Despite Bukele's popularity for improving security in the country of 6.3 million, his economic policies have faced obstacles. The ambitious #Bitcoin City project, designed as a tax-free, cryptocurrency-supported center, has had difficulty attracting investment. Additionally, El Salvador's public debt has risen to over $30 billion, reaching nearly 84% of its gross domestic product. There are currently 5,769 #Bitcoins worth approximately $389 million in the country's treasury. Bukele reported that his country purchased 1 BTC every day. $BTC
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What to Expect in the Coming Period in Bitcoin, Dogecoin and General Altcoin Market? Analysts Announced. Cryptocurrency analyst Michaël van de Poppe shared his views on #Bitcoin , Dogecoin and the general cryptocurrency market in his statement. Evaluating DOGE, van de Poppe claimed that a big jump could occur. In addition, the analyst argued that reaching $1 is also possible during this cycle. #DOGE price is trading at $0.1556 at the time of writing this article. It reached $0.73, the highest price record of all time. On the other hand, another cryptocurrency analyst Ali Martinez also shared his opinion about #Dogecoin . According to the analyst, #DOGE currently has a bearish sentiment similar to that at the beginning of February. Evaluating the general altcoin market, Michaël van de Poppe claimed in his statement that the altcoin total market value chart is technically experiencing a consolidation and is on the verge of a jump. Speaking about Bitcoin, the analyst stated that this week has been relatively boring for #Bitcoin and that if $ 70,000 cannot be broken, the $ 60,000 level is his expectation in the coming months. $BTC $DOGE
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Critical Metric in Bitcoin (BTC): “If It Exceeds, ATH May Come!” Popular cryptocurrency analyst Ali Martinez shared with investors a condition that could help the Bitcoin (BTC) price to make a serious upward move in the coming weeks. Here are the details in cryptocurrency! Many people in the cryptocurrency ecosystem are curious about whether the Bitcoin price will return to ATH. According to popular analyst Ali Martinez, #Bitcoin is currently hovering around the +0.5 Standard Deviation mark based on the MVRV extreme deviation pricing band chart he shared. At this level, the price of the token is fixed at $66,800. At lower standard deviations, Bitcoin's price may decline further over time. A Prize Pool Worth 21 Million TL is Awaiting You from BinanceTR! Participating and winning has never been easier. Sign up to BinanceTR from this link and get your first crypto! If the standard deviation falls by 0.5 from the current level, the cryptocurrency could drop to $41,250.94. It is worth noting that the Bitcoin price has not retested this low since the beginning of February this year. In the worst-case scenario, if the standard deviation shifts to 1, #BTC could drop to $28,480.25. An opposite change is expected and the price of the token is expected to rise up to $79,591.03 with 1 standard deviation. In the current position, generally more strength puts pressure on Bitcoin and accordingly affects the price. One of these forces is the occasional outburst of spot #Bitcoin ETF products from BlackRock, Fidelity Investments, and Grayscale. While these unplanned outflows do not negatively impact the token's price, recessions often impact the token's rise. $BTC $ETH
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