Metaplanet Boosts Bitcoin Holdings With $6.7 Million Investment
Metaplanet Inc., a company publicly listed on the Tokyo Stock Exchange, announced on Monday an additional purchase of 108.786 bitcoin for a total investment of 1 billion yen (approximately $6.7 million). The average purchase price was 9,192,359 yen per BTC. With this acquisition, Metaplanet’s total bitcoin holdings now stand at 639.503 bitcoin. The cumulative amount […] Powered by...
India Denies Targeting US Dollar as Dedollarization Reshapes Global Trade
India’s External Affairs Minister S. Jaishankar clarified that the country is not targeting the U.S. dollar in its economic policy, despite shifts in global trade and currency usage. Speaking in Washington, he emphasized that India’s trade adjustments are driven by practical concerns related to partners with dollar shortages, not a strategic effort to undermine the […] Powered by...
Bitcoin Is Digital Oil Well Fueling Rural Texas Economic Revival, Mayor Says
Mayor Ward Roddam of Rockdale, Texas, sees bitcoin mining as the key to his town’s resurgence after the devastating closure of its largest employer, Alcoa. Comparing it to Texas’ oil boom, Roddam highlights how this modern technology is creating jobs, boosting revenue, and funding essential services. With over $1 billion in investments, bitcoin mining could […] Powered by...
‘Musi’ Sues Apple Over App Store Removal Following YouTube Complaint
Last month, Apple removed the popular music streaming app Musi from its App Store. The removal is rather significant because the app has millions of users. Apple’s action didn’t come as a complete surprise, as music industry groups had been trying to take the app down for months. They branded Musi a ‘parasitic’ app that skirts the rules. Why action is being taken now remains a mystery. None of the parties involved have commented in...
Premier League’s Priority IPTV Piracy Threats Reported to U.S. Government
For the UK’s Premier League, the United States is still a relatively untapped market but given the potential, growth is being taken very seriously indeed. As highlighted in its submission to the United States Trade Representative for its 2024 Review of Notorious Markets, in 2023 the Premier League opened an office in Manhattan, New York. This is the second international office for the UK’s top football league after opening in...
