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Blockchain_Bulletin
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As per
@Cointelegraph
, MicroStrategy now holds 553,555
$BTC
narrowing the gap with BlackRock, which holds 573,869.
The race for Bitcoin supremacy among institutions is heating up. Treasuries and asset managers are stacking fast, and they’re not slowing down.
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Arizona is on the verge of making history with two landmark bills—SB1025 and SB1373, paving the way for a state-level Bitcoin reserve. They authorise up to 10% of public funds to be allocated to digital assets. • SB1025 permits direct Bitcoin investment • SB1373 creates a Digital Assets Reserve for broader crypto, incl. seized assets If signed by Gov. Hobbs, Arizona would be the first U.S. state to legally invest public funds in Bitcoin. #ArizonaBTCReserve
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#MSTR Update — Apr 27, 2025 • Bought: 15,355 BTC for ~$1.42B • Avg Price: ~$92,737 per $BTC • Total Holdings: 553,555 BTC • Total Cost: ~$37.9B • Avg Cost Basis: ~$68,459 per BTC • BTC Yield YTD 2025: +13.7% MicroStrategy doubles down on its Bitcoin treasury strategy. #SaylorBTCPurchase
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On April 28, Bitcoin and Ethereum ETFS experienced significant net inflows, indicating strong institutional interest: #BitcoinETFs : Net inflows of $591.2 million, equivalent to approximately 6,310 $BTC . #EthereumETFs : Net inflows of $64.1 million, equivalent to approximately 35,810 $ETH .
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Gate Group has announced that its subsidiary, Gate Dubai, has secured a full VASP license from Dubai’s Virtual Assets Regulatory Authority (#VARA ). This move allows the exchange to serve retail, institutional, and qualified investors under Dubai’s regulatory framework. CEO Dr. Han emphasised this as a key milestone in #Gate ’s long-term, compliance-first expansion across the Middle East and globally. VARA, established to regulate virtual assets in Dubai, offers a clear framework for their use, provision, and exchange in the emirate.
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$FLOKI is up 49% this week, trading at $0.00008498 (6.16% in 24 hours) with a $223M volume (+134%). Momentum is building fast, with new listings on Binance, Coinbase, Robinhood EU, and an upcoming ETP on Switzerland’s SIX Exchange. FLOKI could challenge $DOGE and $SHIB this altseason. 🚀
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