Metaplanet has surged past Kioxia Holdings in market cap, hitting $6.9 billion after its stock skyrocketed nearly 400% in under two months. AMetaplanet Inc., a Japanese firm known for its aggressive Bitcoin (BTC) accumulation strategy, has overtaken chipmaker Kioxia Holdings Corp. in market capitalization, hitting over ¥1 trillion ($6.9 billion) after its stock surged nearly…
Swedish health tech giant H100 Group has secured an initial $15.82 million convertible loan from Adam Back to accelerate its BTC accumulation strategy, with plans for additional tranches. On June 16, Swedish-listed H100 Group announced that it had signed a new investment agreement with Adam Back, CEO of Blockstream, securing an initial convertible loan guarantee…
Matthew Sigel, VanEck’s head of digital assets research, is urging companies with Bitcoin treasuries to adopt stricter capital management practices as their stocks approach net asset value. In a X post on June 16, Sigel warned that continued share issuance near net asset value could harm shareholders rather than benefit them. NAV refers to the…
Strategy co-founder Michael Saylor has expressed willingness to advise Pakistan on its Bitcoin reserve strategy following a high-level meeting with the country’s finance leaders. According to local media, Saylor met with Finance Minister Muhammad Aurangzeb and State Minister on Blockchain and Crypto Bilal Bin Saqib in Islamabad on Sunday to discuss Pakistan’s emerging digital asset…
Metaplanet has officially crossed the 10,000 BTC threshold, achieving its year-end 2025 target six months ahead of schedule. On June 16, the Tokyo-listed company disclosed the purchase of 1,112 additional Bitcoin (BTC) at an average price of 15.18 million yen per BTC, roughly $105, 000, bringing its total holdings to exactly 10,000 BTC. The acquisition,…
With just $31 million in stablecoins against $356 million in total value locked, Cardano’s founder has proposed unprecedented treasury diversification into Bitcoin and native dollar-pegged assets to boost the network’s decentralized finance and stablecoin ecosystem. On June 12, Cardano co-founder Charles Hoskinson proposed the idea in a YouTube video of swapping $100 million worth of…
Regulatory clarity in the U.S. is pushing more companies to adopt Bitcoin reserves, with $11.3 billion in accumulation last month alone. Bitcoin (BTC) is going mainstream, as both governments and public companies continue accumulating the asset. On Friday, June 13, Matador Technologies published a weekly report on institutional Bitcoin adoption. According to the Canada-based financial…
Anthony Pompliano, one of crypto’s most recognizable names, is reportedly preparing to take the helm of a new public company with a singular mission: buying Bitcoin. Pompliano, known for his influential podcast and massive following on X, is expected to become CEO of ProCapBTC, a new entity planning to raise $750 million to purchase Bitcoin…
Smarter Web Company expands its Bitcoin holdings, as more global firms turn to BTC Corporate interest in Bitcoin (BTC) is reaching new highs, as more companies expand their holdings. On Friday, June 13, U.K.-based Smarter Web Company announced an additional purchase of 74,27 Bitcoin. The purchase, worth about $7.7 million, brings the company’s reserves to…
Bitcoin’s sharp sell-off this week has sparked concerns across the market, with many pointing to escalating tensions between Israel and Iran as the primary catalyst. While macro headlines triggered panic selling, the charts had already laid out the roadmap. A bearish shark harmonic pattern, coupled with a breakdown from key volume levels, suggested that a…
