Bitcoin News Today TheBitTimes.com

The value of Strategy’s Bitcoin holdings has exceeded the market caps of multiple major global banks as well as the gross domestic product (GDP) of some nations after BTC returned to above $120K. Bitcoin’s price rose over 1% in the past 24 hours to trade at $120,050.92 as of 2:27 a.m. EST, data from CoinMarketCap shows. The leading crypto was able to soar to a 24-hour high of $121,086.41, but has since retraced to trade at its current level. Despite the recent pullback, BTC is now up more than 9% over the past week. Value Of Strategy’s Bitcoin Holdings Hits New Record Strategy, led by Bitcoin maxi Michael Saylor, is the largest corporate holder of BTC globally. The firm started its accumulation of the largest crypto by market cap back in August of 2020, and has since continued to add to its reserves. Data from Bitcoin Treasuries shows that the firm holds 640,031 BTC on its balance sheet.  Top ten largest corporate BTC holders (Source: Bitcoin Treasurie...

For August, ChatGPT has identified two cryptocurrencies with strong potential for significant long-term returns, driven by compelling narratives and concrete catalysts within their respective sectors. Notably, this AI-guided selection comes shortly after a sharp rally in July, during which Bitcoin (BTC) surged to a new all-time high above $123,000. Below are the assets ChatGPT has highlighted for investors to consider in August, each with millionaire-making potential. Celestia (TIA) Celestia (TIA) leads the modular blockchain space by separating data availability from execution, enabling scalable, customizable infrastructure for rollups, appchains, and sovereign chains. According to ChatGPT, key catalysts for an August buy include rising developer activity, the launch of new appchains on Celestia, and increased demand from Layer 2 networks that rely on its data availability services.  Additionally, governance developments around TIA staking or protocol fee ...

Addentax‘s Bitcoin purchase has reached $1.3 billion as the Chinese textile manufacturer enters a non-binding term sheet to acquire up to 12,000 Bitcoin. This represents a 50% increase from the company’s original 8,000 BTC target announced in May 2025, and also marks one of the largest corporate Bitcoin institutional investment moves in recent months. LATEST: China’s textile company Addentax Group enters a $1.3 billion term sheet to acquire up to 12,000 $BTC, increasing from their originally discussed 8,000 $BTC. pic.twitter.com/LSLFONqGAw — Cointelegraph (@Cointelegraph) July 3, 2025 Also Read: BlackRock’s Bitcoin ETF Brings More Revenue than S&P 500 Fund Addentax Bitcoin Purchase Sparks Institutional Interest Amid Market Volatility Risks Source: addentax.com The Addentax Bitcoin purchase demonstrates how traditional companies are, right now, embracing cryptocurrency as a strategic asset. Addentax Group Corp. (NASDAQ: ATXG) has structured this Bitcoin acquisition deal...