This purchase surpassed its milestone ahead of schedule in its ongoing effort to amass $120 million in Bitcoin holdings, according to a company release. The latest purchase comes just two months after the Singapore-based, AI-powered education company announced its “Bitcoin-first” strategy in early November.

The Republican Representative Keith Ammon proposed legislation that would establish a strategic Bitcoin (BTC) reserve for the state, enabling the state's treasury to custody BTC alongside traditional assets like gold, silver, and platinum