US Senator Lummis: Strategic Bitcoin Reserves are the Only Solution to National Debt
- 0 replies
- 0 recasts
- 0 reactions
PANews reported on October 13th that, according to Globenewswire, AlphaTON Capital Corp. (NASDAQ: ATON) stated that despite the market conditions of the past week, the company continued to expand its TON reserve. On October 12th, the company purchased an additional 300,000 TON tokens on the open market. This, combined with the 1.1 million TON tokens purchased on the open market last week, further increases its cumulative holdings. Due to the absence of any liquidation events and the fact that most of its TON assets are uncollateralized, AlphaTON Capital's debt-to-asset ratio remains low at 0.07.
- 0 replies
- 0 recasts
- 0 reactions
Durant began investing in Bitcoin in late 2016, when the price was around $600. According to Coingecko data, Bitcoin is currently priced at approximately $117,200, a five-year increase of over 950%. In 2017, he and his agent became early investors in Coinbase through the 35V investment fund, and officially signed a brand promotion partner agreement in 2021.
- 0 replies
- 0 recasts
- 0 reactions