Reuters reported that Hong Kong regulators will propose all crypto exchanges be regulated and apply for a Securities and Futures Commission, license as opposed to the previous opt-in approach, which many exchanges declined to do.

MicroStrategy bought $250 million in Bitcoin on August 11th.
It purchased an additional $175 million in Bitcoin 1 month after that.

With the recent rise in Bitcoin’s price, its holdings are now worth $521 million, a 22% premium.

MicroStrategy President Phong Li said, You should expect that we will purchase additional Bitcoin.

As for now, Bitcoin has no counter party risks. It is also protected from risks that might come from regulation or extreme change in government policy. The holders of Bitcoin are always going to be in complete control of it.

If one percent of treasury reserves from public companies go into Bitcoin, Bitcoin is a trillion dollar market cap, on the conservative side.

Billionaire hedge fund manager Paul Tudor Jones says investing in Bitcoin is like betting on Apple and Google in the early days of the tech titans.

Just days after making the announcement that made waves in the Bitcoin space, rumors have emerged that PayPal is looking for Bitcoin companies to buy

Raoul Pal, co-founder and CEO of Real Vision Group, says some of the biggest companies in the world like Apple and Microsoft start sinking cash into Bitcoin within 5 years to protect their capital from dollar devaluation, following companies like Square and MicroStrategy.

Federal Reserve chairman Jerome Powell says the Fed is exploring the creation of a digital version of the US dollar while evaluating the risks and trade offs.

The Bitcoin Improvement Proposals 340 through 342 were merged into the Bitcoin codebase, signaling that the Taproot upgrade is ready. Taproot and the technology of Schnorr signatures are considered to be the most important upgrade for Bitcoin in the past year.

6,158 Bitcoin wallets now hold 100 Bitcoin or more and in case you are wondering, at todays price of $11,600 per Bitcoin that is 16,158 wallets with over 1 million dollars per wallet.