Gold Hits $3,500 ATH as MicroStrategy Buys 4,048 BTC — WLFI Proposes Buyback and Burn

A daily update highlights record gold prices, a $450M Bitcoin purchase by MicroStrategy, and Trump’s World Liberty Financial proposing a token buyback-and-burn program.

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193d ago

Summary

Gold reached a new all-time high of $3,500 per ounce today. MicroStrategy added 4,048 BTC, valued at $450 million. Trump’s World Liberty Financial (WLFI) proposed a buyback and burn program for its token. The post notes @JennSannassi hosts “CoinDesk Daily” and thanks @MidnightNtwrk for sponsorship with a shared link.

Terms & Concepts

Buyback and Burn: A tokenomics mechanism where an entity repurchases tokens from the market and permanently removes them from circulation to reduce supply.
All-Time High (ATH): The highest recorded price for an asset since it began trading.
Bitcoin (BTC): The first and largest cryptocurrency by market value, used as a digital store of value and medium of exchange.