ChainCatcher news, according to GlobeNewswire, the artificial intelligence company Genius Group (NYSE American: GNS) announced that it has increased its Bitcoin purchases in its Bitcoin treasury by an additional $4 million, bringing the total to 153 coins, with a total value of $14 million, at an average price of $91,372 per Bitcoin.This additional purchase of $4 million worth of Bitcoin was made following the company's announcement on November 12 of its "Bitcoin First" strategy, which commits to holding 90% or more of its current and future reserves in Bitcoin, with an initial target of $120 million in Bitcoin. This purchase marks the company's second Bitcoin acquisition within two weeks since establishing its Bitcoin treasury, with the first purchase announced on November 18 for $10 million worth of Bitcoin.

ChainCatcher news, according to Jinshi reports, ProShares Bitcoin Strategy ETF rose by 1.9%, and iShares Bitcoin Trust rose by 1.9%.

ChainCatcher news, according to Cointelegraph statistics, over 60 publicly listed companies have adopted a Bitcoin strategy, and thousands of private companies are following suit.

ChainCatcher news, according to Jinshi reports, ProShares Bitcoin Strategy ETF rose by 7.3%, and iShares Bitcoin Trust increased by 7%.In addition, the cryptocurrency sector in the US stock market saw a broad increase, with Bit Digital rising over 17%, Canaan Creative and MARA Holdings up more than 15%, and Riot Platforms and MicroStrategy nearly 10%.

ChainCatcher news, pre-market data for US stocks shows that ProShares Bitcoin Strategy ETF is up 6.1% in pre-market, and iShares Bitcoin Trust is up 6.6% in pre-market. (Jin Shi)

ChainCatcher news, according to CoinDesk, CoinDesk analyst James Van Straten stated: "MicroStrategy's shareholders are a unique group. Typically, dilution of shareholder equity is considered a bad thing, but MicroStrategy shareholders seem very pleased that their equity is being diluted because these shareholders know that MicroStrategy is buying Bitcoin. This strategy effectively increases the value per share, which means the value for shareholders also increases."

ChainCatcher news, according to Cryptoslate, Japanese listed company Metaplanet announced that purchasing Bitcoin brought a 116% monthly return to its shareholders. The company attributed this significant increase to its substantial growth in Bitcoin holdings, which more than doubled compared to the previous quarter.In just October, Metaplanet acquired over 450 BTC, bringing its total holdings to 855.5 BTC, worth over 56.1 million USD.

ChainCatcher news, as reported by Bitcoin Magazine, Japanese listed company Metaplanet has outperformed several major assets after adopting a Bitcoin strategy. Data shows that in yen terms, Metaplanet's stock price has increased by 443.2% since adopting the Bitcoin standard, far exceeding other assets. During the same period, gold prices rose by 17.8%, while Bitcoin itself fell by 10.1%. The Nikkei index and the dollar dropped by 7.1% and 6.4%, respectively.

ChainCatcher news, according to Jinshi reports, market data shows that the ProShares Bitcoin Strategy ETF and the iShares Bitcoin Trust both rose over 2% today.Among them, the ProShares Bitcoin Strategy ETF increased by 2.3%, and the iShares Bitcoin Trust rose by 2.1%.

ChainCatcher news, MicroStrategy founder Michael Saylor posted on social media that during the four years of implementing the Bitcoin purchase strategy, MicroStrategy's stock performance has outperformed other companies in the S&P 500 index.

ChainCatcher news, according to Jinshi reports, market data shows that the ProShares Bitcoin Strategy ETF fell by 17.5%, and the iShares Bitcoin Trust fell by 17.7%.

ChainCatcher news, VanEck announced plans to close and liquidate one of its VanEck ETF products. On January 16, 2023, the board of VanEck ETF Trust approved the liquidation and dissolution of the following fund: VanEck Bitcoin Strategy ETF (XBTF), trading on the CBOE platform.It is reported that shareholders of the fund can sell their shares on the fund's listing exchange before the market closes on January 30, 2024 (which may incur broker-dealer transaction fees). The fund's shares will no longer be traded on the listing exchange after the market closes on January 30, 2024, and will subsequently be delisted.In addition, shareholders holding shares of the fund will receive a cash liquidation distribution equal to the net asset value of their shares on the fund's liquidation date (expected on or before February 6, 2024). The liquidation proceeds are expected to be sent to shareholders on or before February 6, 2024.

ChainCatcher news, according to BTC Times, the President of Suriname, Chan Santokhi, recently met with Samson Mow, the CEO of Bitcoin company JAN3, to discuss potential strategies for integrating Bitcoin into Suriname's economy. This meeting is part of a broader effort by Suriname to diversify its economic model.Before the formal discussions, Samson Mow and JAN3's Chief Operating Officer Ben Van Hool engaged with key figures in Suriname's business community, including banking and finance professionals, to discuss the potential benefits of Bitcoin. Mow emphasized that Bitcoin could be a potential solution to debt and inflation issues, comparing it to El Salvador's experience.President Santokhi expressed interest in developing a Bitcoin strategy to position Suriname as a leader in the financial and technology sectors and to leverage new technologies to improve the country's standard of living.

ChainCatcher news, Bloomberg ETF analyst James Seyffart stated that the hype around the Bitcoin spot ETF has pushed the ProShares Bitcoin Strategy ETF (BITO) to a record size, nearing $1.5 billion.

According to ChainCatcher news, ProShares' Bitcoin Strategy ETF (BITO) had a trading volume of 36.92 million shares, approximately four times the average daily trading volume, according to Nasdaq data. In addition, ProShares' Short Bitcoin Strategy ETF (BITI) also reached a trading volume of 4.373 million shares, the highest level since August 29.

ChainCatcher news, according to market data, Proshares Bitcoin Strategy ETF is up over 8% in pre-market trading, currently quoted at $17.36.

ChainCatcher news, ETF analyst Eric Balchunas tweeted that the crypto asset management company Valkyrie has submitted a 497 form, planning to convert its Bitcoin Strategy ETF (BTF) into a Bitcoin + Ethereum Futures ETF on October 3, which is two weeks earlier than the launch dates planned by the other 13 applicants.

ChainCatcher news, according to The Block data, ProShare's BITO fund saw inflows of $14.9 million and $11.9 million on June 29 and July 3, respectively, bringing its total assets under management to $1.04 billion. In comparison, the fund's assets under management were $822 million on June 15 (the day BlackRock submitted its ETF application). (source link)

ChainCatcher news, according to data released by Bloomberg senior ETF analyst Eric Balchunas on social media, the ProShares Bitcoin Strategy ETF (BITO) from asset management company ProShares has once again surpassed the $1 billion mark in assets. The performance of BITO is almost identical to that of Bitcoin, and this ETF also set a record for the largest single-week inflow of funds in 2023. (Source link)