FTX Relaunching!? Microstrategies Quadruples Down on BTC and Coinbase's SEC Saga Continues

In a not so surprising move, the company has acquired another 12,333 Bitcoins, boosting their total holdings to a mind-boggling 152,333 Bitcoins, valued at a staggering $4.5 billion. Is this the boldest financial maneuver ever made or a daring gamble with high stakes?

But that's not all. FTX, the promised one turned fallen angel is making waves with plans to relaunch its exchange business. In talks with investors and exploring potential joint ventures, FTX is considering a grand comeback. With aspirations of involving existing users and undergoing a rebrand.

Meanwhile, the North Carolina House has passed a bill directing the state treasury to explore the process of buying and holding Bitcoin. Is this a monumental step towards wider adoption or just a speculative move? We'll uncover the potential impact and implications of this legislative move.

And let's not forget Coinbase, which is bouncing back after facing SEC lawsuits. With BlackRock's ETF filing listing Coinbase as the custodian for holding the trust's underlying Bitcoin, it's clear that Coinbase's reputation remains intact.

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