ChainCatcher message, according to a report released by NiceHash and Digital Mining Solutions on January 7, publicly listed Bitcoin mining companies are following in the footsteps of MicroStrategy by increasing their Bitcoin treasury holdings.The report states: "In 2024, there has been a significant shift among Bitcoin mining companies, with many choosing to retain more of their mined Bitcoin or not selling it at all."Mining companies may choose not to sell Bitcoin for various reasons, including expectations of further appreciation in BTC prices or strengthening their balance sheets, as well as for hedging against currency devaluation.The report mentions that MARA Holdings, Riot Platforms, and Hut 8 have used borrowed funds to increase their Bitcoin holdings, further expanding their treasury strategies. Four of the largest 16 Bitcoin-holding companies are mining firms.The report states that, in addition to their core mining operations, by 2024, some mining companies "will further diversify into high-performance computing and artificial intelligence to generate predictable revenue streams to buffer against mining volatility."This trend is particularly evident in the United States, where "the harsh mining economics and lucrative AI/HPC business are enticing them to diversify into other computing fields." In addition to increasing their BTC holdings, mining companies like CleanSpark have also chosen to retain most of the BTC produced in recent months. Several Bitcoin miners with a market capitalization of at least $100 million have generated significant revenue from AI and HPC initiatives. For example, in the first three quarters of 2024, HPC/AI revenue accounted for nearly 8% of Hut 8's revenue and nearly 7% of Hive Digital's revenue.

ChainCatcher news, according to Cointelegraph, Czech National Bank Governor Aleš Michl recently stated in an interview with CNN Prima News that he is considering including Bitcoin in the bank's foreign exchange reserve diversification strategy. If implemented, the Czech central bank would become the first European central bank to purchase Bitcoin.In the interview, Michl mentioned that he is considering buying "a small amount of Bitcoin" as part of the reserve diversification. While this would not be a significant investment, its symbolic meaning is substantial. The bank's advisor Janis Aliapulios confirmed that although there are currently no plans to purchase Bitcoin, discussions on the matter cannot be ruled out in the future. Any decision to purchase Bitcoin would need to be approved by the board of directors of the Czech central bank, which consists of 7 members.

ChainCatcher news, according to Cointelegraph, Czech National Bank Governor Aleš Michl recently stated in an interview with CNN Prima News that he is considering including Bitcoin in the bank's foreign exchange reserve diversification strategy.In the interview, Michl mentioned that he is considering purchasing "a small amount of Bitcoin" as part of the reserve diversification. While this would not be a significant investment, its symbolic meaning is substantial. The bank's advisor Janis Aliapulios confirmed that although there are currently no plans to purchase Bitcoin, discussions on this matter cannot be ruled out in the future. The Czech National Bank's board, composed of 7 members, needs to approve any decision to purchase Bitcoin.

ChainCatcher news, according to Morningstar, Edmund Moy, the senior IRA (Individual Retirement Account) strategist at the US Money Reserve, the main distributor of precious metals for the US federal government, stated that on the surface, Bitcoin could become a competitor to gold, as both are alternative assets that can help reduce risk in traditional portfolios. Cryptocurrency bulls have long touted Bitcoin as "digital gold," and Federal Reserve Chairman Powell recently remarked that Bitcoin is "like gold."Edmund Moy believes that their "differences outweigh their similarities," and that "the correlation between gold and Bitcoin is not strong." Given the uncertainty in the coming year, this may be the strongest reason for investors to hold both.Nevertheless, Edmund Moy stated that investors seeking to diversify their portfolios should remember that diversification alone cannot completely eliminate risk, especially considering the volatility of Bitcoin.

ChainCatcher message, according to Snapshot data, the new "Fiscal Diversification Proposal" from Sushi is now open for voting. Sushi CEO Jared Grey explained that currently, 100% of Sushi's treasury assets are in SUSHI tokens. In the proposed diversification strategy, 70% of the treasury holdings will be converted to stablecoins, 20% to blue-chip assets (BTC, ETH), and the remaining 10% to DeFi tokens (such as AAVE).

ChainCatcher news, BlackRock released the "2025 Global Outlook" report stating that Bitcoin, with its fixed supply and demand growth driven by investor confidence in its widespread adoption as a payment technology, shows potential as a new type of diversified asset, with lower correlation to stocks and other risk assets. Emerging assets like Bitcoin and traditional assets like gold are expected to become new diversified investment tools. As demand increases and supply remains limited, the value of Bitcoin will continue to rise.In fact, Bitcoin reached an all-time high after the U.S. presidential election, possibly due to investors considering the promises of elected President Donald Trump. Moreover, the widespread adoption of Bitcoin will fundamentally change the investment risk and return landscape. By then, Bitcoin may be better suited as a tactical hedge against certain risks (such as gold). In the past, investors bought gold to cope with high inflation, and as major central banks purchased gold as an alternative reserve currency, gold prices soared. It is crucial to understand how the performance of these alternative assets changes compared to traditional asset classes. Due to Bitcoin's role as a store of value and payment system, it can become a potential diversified investment tool.

ChainCatcher news, according to Cointelegraph, the Bitcoin Policy Institute recently published a paper titled "The Case for Bitcoin as a Reserve Asset," which argues that central banks should adopt Bitcoin as a reserve asset to hedge against rising inflation, geopolitical risks, capital control risks, sovereign defaults, bank failures, and international sanctions imposed by the U.S. government.The paper's author, economist Matthew Ferranti, believes that Bitcoin is an "effective portfolio diversification tool" due to its low correlation with other financial instruments.

ChainCatcher news, according to CoinDesk, Microsoft disclosed in its Schedule A filing with the U.S. Securities and Exchange Commission (SEC) that the conservative think tank National Center for Public Policy Research (NCPPR) plans to propose a "Bitcoin Diversification Assessment" at the annual shareholder meeting. The Microsoft board recommends that shareholders vote against the proposal.NCPPR states in the proposal that Bitcoin is "an excellent choice for hedging against inflation, and may even be the best choice," and suggests that the company invest at least 1% of its total assets in this cryptocurrency. The think tank is one of the members of the "2025 Plan," advocating that companies consider including Bitcoin in their portfolios to hedge against inflation and other macroeconomic impacts.In its opposition statement, Microsoft stated that the company has "carefully considered this topic." The statement noted: "Past assessments have included Bitcoin and other cryptocurrencies as options, and Microsoft will continue to monitor trends and developments related to cryptocurrencies to inform future decisions."Microsoft emphasized that the company has established strong and appropriate processes to manage and diversify its corporate funds to ensure the long-term interests of shareholders. The company believes that the public assessment requested in the proposal is unnecessary. Microsoft also pointed out that, as stated in the proposal itself, volatility is an important factor in assessing whether cryptocurrency investments are suitable for corporate fund management, as corporate fund management requires stable and predictable investments to ensure liquidity and operating capital.

ChainCatcher news, according to official sources, the Uniswap Treasury Working Group (UTWG) has released a mid-term update to share progress and provide visibility into some themes the team is actively exploring.UTWG's future plans include:Proposing possible native token diversification solutions and sustainable growth strategies;Completing interviews with leading DAOs, treasury managers, and relevant industry participants;Proposing a recommended long-term roadmap and effective execution strategies.It is reported that the establishment of UTWG aims to address the issues of Uniswap treasury instability and underutilization. Its scope is to research and provide various options for DAO treasury management strategies, ensuring the long-term sustainability and growth of the protocol. This work aims to help DAOs streamline the decision-making process when designing and implementing various methods to mobilize treasury funds.

ChainCatcher news, BlackRock's digital asset head Robert Mitchnick analyzed the impact of Bitcoin's correlation with U.S. stocks and risks on investors' portfolio construction. He stated that recently, the rise of Bitcoin has been synchronous with the rise of U.S. stocks, but even so, Bitcoin will still be a great tool for portfolio diversification. (CNBC)

ChainCatcher news, according to Bitcoin.com, Coinbase CEO Brian Armstrong stated, "Now every institution is starting to hold cryptocurrency," and he mentioned that "this asset class will become a standard asset in every diversified portfolio."Additionally, Armstrong pointed out that institutions will ultimately use cryptocurrency in other ways, such as "holding cryptocurrency on their balance sheets, paying vendors, and (issuing) salaries."