---
title: "Bitcoin reserve garners support, MicroStrategy seeks to raise $2b, startups secure $107m in VC | Weekly Recap"
url: https://diffcoin.com/bitcoin-reserve-garners-support-microstrategy-seeks-to-raise-2b-startups-secure-107m-in-vc-weekly-recap/
description: "Bitcoin reserve bill gains attention, but is the GOP just pandering? Plus: MicroStrategy augments its Bitcoin stash, SEC backtracks on securities allegations and more"
published: 2024-08-04
updated: 2024-08-04
author: "Mila"
site: "Diffcoin"
---

# Bitcoin reserve garners support, MicroStrategy seeks to raise $2b, startups secure $107m in VC | Weekly Recap

A Bitcoin reserve bill from Republican Senator Cynthia Lummis continues to receive a groundswell of support, but at least one critic calls it a “disaster.” Plus, MicroStrategy files to raise $2 billion to buy more Bitcoin, and crypto-related startups continue… 
 
[Source link](https://crypto.news/bitcoin-reserve-bill-microstrategy-btc-weekly-recap/)