Billionaire venture capitalist Tim Draper, a long-time Bitcoin advocate, believes that one day retailers will only accept bitcoin as a payment. 

“There will be a moment when all the retailers say ‘I accept bitcoin’ and then there will be a moment when retailers will say ‘I only accept bitcoin,” Draper said on Bloomberg Television. 

Tim Draper’s support for bitcoin goes far beyond words. In 2014, he made headlines by spending $19 million to purchase 30,000 bitcoins seized from the shutdown of the Silk Road marketplace.

Today, those coins are valued at roughly $3.5 billion. Draper has also backed major crypto firms, like Coinbase and Robinhood Markets, cementing his…

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AsiaStrategy (Nasdaq: SORA), a Hong Kong-based institutional digital asset firm, has partnered with Anchorage Digital, the first federally chartered crypto bank in the United States, to serve as its primary custodian and settlement infrastructure provider.

The partnership marks a major step in AsiaStrategy’s cross-border Bitcoin treasury strategy across the US–Asia corridor. 

Alongside announcing the collaboration, AsiaStrategy disclosed that it purchased 30 bitcoin on September 30, according to a press release shared with Bitcoin Magazine.

“Working with Anchorage Digital enables AsiaStrategy to further advance our Bitcoin treasury strategy across the region, backing…

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Stablecoin leader Tether has added 8,888.88 BTC, worth around $1 billion, to its bitcoin reserves, according to onchain analysts. The transfer, spotted by analytics platforms Nansen and Arkham, was linked to a Tether reserve wallet that received the funds from a Bitfinex hot wallet on the final day of Q3 2025. While the company has not officially confirmed the move, the pattern mirrors Tether’s quarterly strategy of accumulating bitcoin for long-term reserves.

The acquisition, if confirmed, raises Tether’s total bitcoin holdings to nearly 109,410 BTC, valued at about $12.4 billion. This positions the firm as the second-largest private holder of bitcoin, behind Block One, and third overall when including public companies. CEO Paolo Ardoino previously stated the company is committed to strengthening its balance sheet with bitcoin and gold while diversifying beyond stablecoins.

Tether began its bitcoin accumulation in 2022, pledging 15% of quarterly profits toward BTC purchases. With USDT adoption surpassing 400 million users globally and vast investments in infrastructure and new ventures, the company’s aggressive strategy underscores its ambition to cement dominance in both crypto and global finance.

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Eric Trump, co-founder of American Bitcoin and executive vice president of the Trump Organization, declared that crypto is set to revolutionize finance, calling bitcoin “digital gold” and predicting it could eventually hit $1 million. 

Speaking on Making Money with Charles Payne, Trump argued that crypto and bitcoin is not speculative, but a necessary evolution in the traditional financial system.

“My epiphany came when I got debanked by everyone,” Trump said. “Capital One sent me a letter in the middle of the night stripping 300 bank accounts from [our properties] for doing absolutely nothing wrong.”

Trump told Payne that he met people in the crypto space…

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In a significant development for Bitcoin holders, Templar Protocol has announced the launch of its mainnet, introducing the first “Cypher Lending” protocol that enables users to borrow U.S. dollar stablecoins against their native Bitcoin without intermediaries. The launch comes at a time when institutional custody solutions are controlling an increasing share of the Bitcoin supply, with Coinbase alone holding over 10% of the circulating BTC.

The protocol, which has already secured $100 million in lending commitments, combines decentralized Multi-Party Computation (MPC) network technology with immutable smart contracts to ensure user collateral remains secure and free from…

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Tether, the issuer of the world’s largest stablecoin, purchased nearly 8,889 bitcoin today, adding more than $1 billion worth of the asset to its balance sheet, as per the on-chain data.

The on-chain transfer brings the company’s primary treasury holdings to more than 86,000 BTC — cementing Tether’s status as one of the largest corporate bitcoin holders in the world.

The acquisition seems to be a part of a deliberate strategy to diversify Tether’s reserves into “hard assets” such as bitcoin, gold, and even agriculture. 

Earlier this year, the company disclosed it held over 100,000 BTC alongside 50 tons of gold, while also investing in XXI, a bitcoin treasury…

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