BlockPress

BlockPress

Metaplanet adds 2,204 Bitcoin for $237M, now holds 15,555 BTC

Metaplanet, a Japanese firm, has significantly expanded its Bitcoin holdings, propelling it to the fifth position among the world’s largest corporate Bitcoin holders. This strategic move underscores the growing confidence in Bitcoin among major corporations, despite recent market volatility and…

How Bhutan plans to boost its local economy with crypto tourism

Bhutan’s tourism sector faces significant challenges due to limitations in its payment infrastructure, according to Damcho Rinzin, director of the country’s Department of Tourism. This statement highlights a critical bottleneck hindering the growth and accessibility of Bhutan’s tourism industry, a…

Bitcoin miners gambled on AI last year, and it paid off

The decline in cryptocurrency mining profitability spurred a significant shift in strategy for several firms, leading many to pursue opportunities in the burgeoning field of artificial intelligence (AI). This transition, driven by the search for more lucrative and stable revenue…