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Let’s dive into this week's crypto news, they are all about BTC this time ⬇️

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1️⃣ A business-intelligence software company MicroStrategy bought another 4 167 BTC for around $190.5 million. The company now holds a total of 129 218 bitcoins, valued at about $6 billion. CEO Michael Saylor has stated that the company plans to hold the bitcoin long term and has no plans to sell it.

2️⃣ Norway hosts 0.77% of Bitcoin’s hash rate using 100% green, renewable energy. “A green oasis of renewable energy,” Norway contributes almost 1% to the global hash rate and is almost entirely powered by hydropower. As the authorities state, the most important takeaway for Bitcoin miners regarding Norway’s electricity mix is that it’s fully renewable, and will stay like that.

3️⃣ Bitcoin Conference 2022 has finished in Miami after a weekend full of celebration and testimonials about the life-changing powers of the cryptocurrency with more than 25 000 participants. One of the speakers, Peter Thiel said, “The fact that so many executives, entrepreneurs, and investors came together to gather for a network that has no CEO, no marketing team, or any sort of official entity behind it, is something unprecedented”. And we couldn’t agree more.

Have a nice week and stay tuned next Monday to learn and discuss crypto news with SimpleSwap! ????


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