Michael Saylor, co-founder of MicroStrategy, posted his Bitcoin tracker for the twelfth consecutive week, reporting a total of 461,000 BTC holdings worth about 48.4 billion USD. The company’s Bitcoin investments have seen significant growth, indicating unrealized capital gains exceeding 19 billion USD.
Brian Armstrong, CEO of Coinbase, highlighted the need to rethink the company’s asset listing process amid a surge of token creation, which now sees around 1 million tokens created weekly. He suggested that regulators and Coinbase adapt their methods to tackle this issue more effectively, transforming existing processes.