Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of BitMaden. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.

Microstrategy Acquired 258,320 BTC in 2024, Adding $14B in Shareholder Value

Microstrategy’s bold bitcoin strategy added $14 billion in shareholder value in 2024, with BTC holdings soaring to 447,470 as corporate adoption accelerates. Microstrategy’s Bitcoin Empire Surges – $22B in BTC for 2024 Michael Saylor, executive chairman of software intelligence firm Microstrategy (Nasdaq: MSTR), has shared details on the company’s bitcoin acquisitions for 2024, highlighting significant Bitcoin.com

---

Solana Scaling Proposal Foresees ‘Billions’ of Users

Solana developers have proposed a plan to eliminate a significant bottleneck to scaling up to millions or even billions of users. They intend to do this by introducing a “lattice-based” hashing system that reduces the effort needed to keep track of the state of every user account. Hashing is the cryptographic process of turning data into a standardized 64-character code that can’t be reverse-engineered, while the state is a snapshot of the data stored in a blockchain. So instead of taking a snapshot of every user on the entire blockchain, and “recalculating everything, it will only update accounts that have changed,” explained research firm Republik Labs in an X post. “This is faster, simpler, and uses fewer resources, letting Solana handle millions (or billions) of accounts more easily.” To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io Bitcoin.com