
Bit Digital, a Bitcoin mining firm, has filed for a $500 million ATM offering, surpassing its $429 million market capitalization, to fund high-performance computing, cloud services, equipment, and acquisitions. Treasury Secretary Scott Bessent and investment firm Franklin Templeton, which manages $1.5 trillion in assets, have both described Bitcoin as a store of value with clear purpose, distinguishing it from other cryptocurrencies. Billionaire Chamath Palihapitiya highlighted public companies buying Bitcoin as a top technology trend, noting that this development is not yet priced into the market. Additionally, NVIDIA is reportedly considering adding Bitcoin to its balance sheet. A major company has invested $180 million in Bitcoin to increase its cryptocurrency involvement. Jack Mallers stated that the US government understands Bitcoin's potential to become the new world reserve asset, reflecting a growing recognition of Bitcoin's strategic importance.



JUST IN: JACK MALLERS SAYS THE US GOVERNMENT GET THE GAME THEORY AROUND #BITCOIN "THEY UNDERSTAND BTC COULD BE THE NEW WORLD RESERVE ASSET" https://t.co/G4lZ6DV4J7
A major company has invested $180 million in Bitcoin as part of its efforts to increase its involvement with the cryptocurrency. #BTC #Bitcoin
JUST IN: $1.5 TRILLION FRANKLIN TEMPLETON SAYS #BITCOIN IS A "STORE OF VALUE" AND THAT IT HAS "CLEAR PURPOSE" UNLIKE OTHER CRYPTO'S BTC IS "EASY TO UNDERSTAND." 🔥 https://t.co/mEuDHkC46K