Bitcoin News Today: Bitcoin's Corporate Gamble Pays Off as Microsoft, Meta Miss $30B Gains

Generated by AI AgentCoin World
Friday, Oct 10, 2025 4:24 pm ET2min read
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- Strategy's Bitcoin holdings exceed $80B, making it the 11th largest U.S. corporate treasury holder as Bitcoin hits $126K.

- Microsoft and Meta rejected Bitcoin treasury proposals, missing $30B gains amid the crypto rally.

- JPMorgan and BlackRock analysts highlight Bitcoin and gold as hedges against dollar inflation and rising debt.

- ICE invests $2B in Polymarket, boosting prediction markets' legitimacy and expanding data services.

- Tether's USDT gains traction in Bolivia, with automakers and businesses adopting it amid economic crisis.

Bitcoin's corporate adoption has reached a pivotal milestone as Strategy's BitcoinBTC-- treasury nears $80 billion, rivaling the cash reserves of tech giants like Amazon and MicrosoftMSFT--. The firm's 640,031 BTC holdings surged past $80 billion in value as Bitcoin hit an all-time high of $126,080, positioning StrategyMSTR-- as the 11th largest corporate treasury holder in the U.S. Strategy’s $78B Bitcoin Treasury Closes Gap on …[1]. This growth contrasts with Microsoft and MetaMETA--, which rejected shareholder proposals to allocate Bitcoin to their treasuries, missing out on significant gains. Microsoft's rejection occurred when Bitcoin was at $97,170, while Meta's vote happened at $104,800, both prior to the cryptocurrency's recent rally Strategy’s Bitcoin Near to Rivaling Tech Giants’ Treasuries[2]. Over 200 public companies now hold Bitcoin, more than double the number at the start of 2025, with Strategy's average purchase price of $73,981 yielding a 65% gain, or $30.4 billion Strategy’s $78B Bitcoin Stash Rivals Tech Giants’ Cash Holdings[3]. Analysts at JPMorgan have labeled Bitcoin and gold as a "debasement trade," citing their role as hedges against U.S. dollar inflation and rising national debt, which now exceeds $38 trillion Strategy’s $78B Bitcoin Treasury Closes Gap on …[1]. BlackRock CEO Larry Fink, once a Bitcoin skeptic, has predicted the asset could reach $700,000 amid currency debasement concerns Strategy’s Bitcoin Near to Rivaling Tech Giants’ Treasuries[2].

Intercontinental Exchange (ICE), owner of the New York Stock Exchange, has made a bold $2 billion investment in prediction market platform Polymarket, valuing the company at $8–9 billion Toyota Yamaha BYD Accept Tether Payments in Bolivia as USD …[7]. The deal, announced on October 7, 2025, includes plans to distribute Polymarket's event-driven data to institutional clients and collaborate on tokenization initiatives USDT Cements Role in Latin America as Major Manufacturers …[8]. ICE CEO Jeffrey Sprecher emphasized the potential to "uniquely serve" market opportunities by combining institutional credibility with Polymarket's consumer reach Toyota, Yamaha Accept USDT in Bolivia as US Dollar Reserves …[9]. This move marks a significant legitimization of prediction markets, which have faced regulatory scrutiny in the past. Polymarket, which acquired a U.S.-licensed derivatives exchange (QCEX) for $112 million in July, has also secured political backing, including a strategic investment from Donald Trump Jr. USDT Cements Role in Latin America as Major Manufacturers …[8]. The CFTC's recent regulatory relief, including a no-action letter for Polymarket's subsidiary, has eased compliance hurdles for the platform's U.S. relaunch Toyota, Yamaha Accept USDT in Bolivia as US Dollar Reserves …[9].

Tether's stablecoin, USDTUSDT--, is expanding its footprint in Latin America as Bolivia's economic crisis drives adoption. Major automakers like Toyota, Yamaha, and BYD now accept USDT for vehicle purchases through Bolivia's exclusive dealer network, Toyosa . This shift follows Bolivia's 98% decline in U.S. dollar reserves since 2014, prompting businesses to rely on stablecoins for international trade and everyday transactions . TetherUSDT-- CEO Paolo Ardoino highlighted the move as a lifeline for countries grappling with economic instability, noting USDT's role as a "digital dollar" for hundreds of millions in emerging markets . Bolivia's crypto adoption surged 630% year-over-year after the country lifted its crypto ban in June 2024, with stablecoins accounting for nearly 90% of transactions . Airport shops and energy imports are now priced in USDT, reflecting a broader shift toward crypto as a practical alternative to fiat in inflation-prone economies .

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