On May 20, Blackstone, the world’s largest alternative asset manager, made its first move into crypto markets, purchasing shares in BlackRock’s iShares Bitcoin Trust (IBIT), a spot Bitcoin exchange-traded fund. According to a filing with the U.S. Securities and Exchange Commission, Blackstone acquired 23,094 IBIT shares as of March 31, valued at approximately $1.08 million. Prior to that, shares of Indonesian fintech firm DigiAsia Corp surged by over 91% on May 19, after the Nasdaq-listed company announced plans to raise $100 million to initiate Bitcoin purchases as part of a new treasury strategy.
- 0 replies
- 0 recasts
- 1 reaction
He pointed out Panama’s hydroelectric resources and El Salvador’s geothermal energy as tools to drive Bitcoin infrastructure across Central America. Herbert, who oversees El Salvador’s Bitcoin Office, revealed that Panama City plans to add the country’s “What is Money?” financial literacy textbook to its online library.
- 0 replies
- 0 recasts
- 1 reaction
🕹️ Come play games in the Farcade!
- 0 replies
- 0 recasts
- 0 reactions