Ohio lawmaker Derek Merrin introduced a groundbreaking bill to establish a Strategic Bitcoin Reserve within the state treasury, according to a Dec. 17 statement. The proposed legislation, known as the Ohio Bitcoin Reserve Act, seeks to empower the state treasurer with the authority to invest in Bitcoin, aligning with the growing trend of adopting it […]
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Riot Platforms, a leading Bitcoin mining company, has acquired 5,113 BTC for $510 million. According to a Dec. 13 post on the social media platform X (formerly Twitter), the company said the Bitcoin was bought at an average price of $99,669 per BTC, including fees and related expenses. With this acquisition, Riot’s Bitcoin holdings have […]
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