Crypto News Key Highlights:
Microstrategy, led by CEO Michael Saylor, recently purchased 12,000 more bitcoins, increasing their total to 205,000. Saylor predicts Bitcoin will surpass gold as a valuable asset due to its versatility and security. With the upcoming halving event, Bitcoin's scarcity will likely drive its price higher, making it an attractive long-term investment.
CoinShares International Limited has acquired Valkyrie Funds LLC, securing its position in the U.S. digital asset market. This strategic move adds approximately $530 million to CoinShares' assets under management, totaling $7.3 billion globally. Leveraging Valkyrie's licenses and products, CoinShares aims to dominate the U.S. digital asset landscape.
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