Relai Boosts Bitcoin Holdings, Acquires $1.2 Million Worth of BTC

Swiss Bitcoin platform Relai has made a notable move in the cryptocurrency space, significantly increasing its Bitcoin holdings. The company recently announced that it had acquired 13 BTC for $94,040.29, bringing its total Bitcoin stash to 30 BTC. This acquisition is part of Relai's ongoing strategy to build a robust Bitcoin portfolio, a move that reflects growing confidence in the cryptocurrency as a long-term asset.

Relai's announcement, made on X (formerly Twitter), also included a surprising twist: the company tagged Microsoft Corporation in the post. This move appears to be a subtle invitation for the tech giant to embrace Bitcoin, further highlighting the increasing mainstream interest in the leading cryptocurrency. While Microsoft has not responded to the mention, Relai's decision to publicly address the tech company suggests a broader belief in Bitcoin’s potential to become an integral part of global financial systems.

The purchase is also significant as it marks an additional step towards increasing Bitcoin adoption. With its total BTC holdings now valued at approximately $1.2 million, Relai is solidifying its role as a major player in the Bitcoin ecosystem, contributing to the growing institutional interest in the asset.

### Is Bitcoin’s 21 Million Supply a Lie? BlackRock’s Controversial Take

Meanwhile, a broader debate is stirring in the Bitcoin community following a recent statement from BlackRock regarding Bitcoin’s supply cap. The world’s largest asset management firm has raised eyebrows with its take on Bitcoin’s 21 million supply, questioning its long-term sustainability and economic implications. BlackRock's controversial remarks have sparked a wave of speculation about Bitcoin's future, especially in light of the asset's growing institutional appeal.

While Bitcoin’s 21 million limit has been a cornerstone of its value proposition, BlackRock’s comments suggest that even this well-established feature may be subject to scrutiny in the context of future developments and regulatory frameworks. The tension between Bitcoin's fixed supply and the ever-changing landscape of global finance could lead to further debates as institutional investment in the digital currency continues to grow.

For now, Relai's strategic move to increase its Bitcoin holdings signals continued confidence in the cryptocurrency's long-term potential, despite ongoing uncertainties surrounding its economic and regulatory future. (NFA) $BTC #BTCNextMove #MarketCorrectionBuyOrHODL? #MarketPullback #bitcoin☀ #g315c