MARA Holdings has unveiled plans to promote the Strategic Bitcoin Reserve (SBR) across all 50 U.S. states and at the federal level.
CEO Fred Thiel emphasized the company’s focus on integrating Bitcoin into national financial strategies, while Senior VP Jayson Browder highlighted ongoing collaboration with the Trump administration to advance the initiative. The company also continues to support Bitcoin advocacy groups to bolster its efforts.
Legislation for SBR has already been introduced in 11 states, including Florida and Wyoming, reflecting growing interest in making Bitcoin a key part of state financial policies.
Industry leaders, such as Coinbase CEO Brian Armstrong, have backed the concept, arguing that Bitcoin should be considered a reserve asset alongside gold. Armstrong believes this move could inspire other G20 nations to adopt similar strategies.
Bitcoin’s price has also shown positive momentum, climbing 3% in the last 24 hours to $105,681. Open Interest has increased nearly 4%, signaling growing market confidence. MARA Holdings’ initiative, coupled with strong support from influential figures, is shaping the narrative of Bitcoin as a strategic reserve asset in the U.S. financial landscape.
Bitcoin’s ownership landscape has shifted, with two institutions—BlackRock and MicroStrategy—now jointly holding more BTC than Bitcoin’s mysterious creator, Satoshi Nakamoto.
Bitcoin (BTC) managed to surge past the price mark of $89,000, as investors flock to the cryptocurrency amidst traditional market turbulence and increasing political uncertainties.
Bitcoin exchange-traded funds in the U.S. saw a major resurgence on April 21, marking their strongest day for net inflows in nearly three months.
Tokyo-based Metaplanet has continued its aggressive Bitcoin strategy, now holding over $400 million in BTC following its latest acquisition.