Strategy Buys $531 Million in Bitcoin, Raising Its Holdings to 597,000 BTC
TL;DR Strategy purchased 4,980 BTC for $531.1 million at an average price of $106,801. While Bitcoin surpassed $108,000 at the end of June. The firm...
Bitcoin Poised To Surge, Says Arthur Hayes
TL;DR Arthur Hayes, co-founder of crypto derivatives platform BitMEX, has shared a bullish outlook on Bitcoin’s near-term future. Posting to his 704,000+ followers on X,...
Bit Digital Shifts From Bitcoin Mining to Ethereum Strategy
TL;DR Bit Digital has officially exited Bitcoin mining to pursue a full-scale Ethereum-focused strategy. The company plans to sell its BTC holdings and redirect those...
Metaplanet Unveils $515M “555 Million Plan” to Corner Bitcoin
TL;DR Metaplanet converted 540,000 warrants into 54 million new shares, raising ¥74.9 billion ($515 million) to kick off its “555 Million Plan” for bulk Bitcoin...
Bitcoin ETFs Surge as Geopolitical Tensions Ease
TL;DR Bitcoin ETFs in the U.S. saw $588.6 million in net inflows on Tuesday, the highest single-day figure for June. This continues an 11-day streak...
Texas Goes All-In: $10M Bitcoin Purchase Signals New Age for State Reserves
TL;DR Texas becomes the first U.S. state to commit $10 million to a dedicated Bitcoin reserve, signaling a bold embrace of crypto in public finance....
Metaplanet Closes In On Tesla’s Bitcoin Stash
TL;DR Metaplanet has purchased 1,111 additional BTC for $117 million, bringing its total to 11,111 BTC, just 398 BTC behind Tesla. This acquisition is part...
Semler Scientific Doubles Down on Bitcoin, Targeting 105,000 BTC by 2027
TL;DR Semler Scientific plans to expand its Bitcoin holdings to 105,000 BTC by the end of 2027, after launching its strategy in May 2024. The...
CryptoQuant Warns Bitcoin Could Slide to $92K as Demand Plummets
TL;DR On-chain demand has plunged almost 50% in 30 days—institutions slashed purchases and short-term holders offloaded 800k BTC, dragging the price to $104.7k. CryptoQuant warns...
K33 Moves to Strengthen Bitcoin Holdings With $9M Raise
TL;DR K33, a prominent Nordic player in the digital asset sector, has unveiled its plan to raise $9 million through a directed share issue in...