With its latest purchase, Strategy now holds a staggering $64 billion worth of BTC, making it by far the world’s most aggressive corporate holder. But the real story isn’t just the size of its hoard, it’s the Russell Top 200 Value Index inclusion, marking perhaps the clearest sign yet that Wall Street views Bitcoin as…
The Blockchain Group has added 60 BTC to its Bitcoin stash following a series of recent capital raises, bringing its total holdings to 1,788 BTC. The Blockchain Group, Europe’s first Bitcoin Treasury Company listed on Euronext Growth Paris, has confirmed the acquisition of an additional 60 Bitcoin (BTC) for approximately €5.5 million, bringing its total…
OKX has released its 32nd proof-of-reserves report. As of June 14, the total BTC and USDT holdings held in user wallets have plummeted significantly compared to the previous month’s report. On June 30, the crypto trading platform released its 32nd proof-of-reserves report containing the number of assets held within its reserves compared to the number…
Wintermute has secured a Bitcoin-backed credit line from Cantor Fitzgerald as part of Cantor’s $2 billion Bitcoin Financing Business initiative. Crypto market maker Wintermute has secured a Bitcoin-backed credit line from investment bank Cantor Fitzgerald. The size of Wintermute’s facility was not disclosed, but CEO Evgeny Gaevoy said it would help the firm manage the capital-intensive nature of…
Bitcoin’s recent price rebound has brought the asset closer to its record highs, but a new on-chain signal may be flashing caution. According to a June 29 analysis by CryptoQuant contributor Crazzyblockk, Bitcoin’s (BTC) “apparent demand” signal has turned negative, indicating that new buyer interest is no longer keeping pace with the supply entering the…
Struggling Spanish cafe Vanadi Coffee stock skyrocketed more than triple its initial value after shareholders of the firm approved a plan to invest up to 1 billion euros into its Bitcoin treasury. According to a translated press release, on June 29, shareholders of Vanadi Coffee approved the company’s change in strategy to acquire more Bitcoin…
Metaplanet Inc., Japan’s leading corporate Bitcoin holder, added another 1,005 BTC to its balance sheet and issued more ordinary bonds. According to its June 30 public disclosure, the company spent ¥15.648 billion, about $108 million, on the latest purchase. It paid an average of 15,569,831 yen, approximately $107,430, per Bitcoin (BTC). This brings Metaplanet’s total…
All eyes are on Sui this week as the Layer-1 blockchain prepares for a major token unlock that could reshape its near-term price action. While Bitcoin (BTC) flirts with a breakout past $107,000 and ETF inflows near $50 billion, Sui (SUI) is drawing heightened scrutiny ahead of its July 1 unlock of 5.22 billion tokens—worth…
How did Metaplanet turn a struggling hotel firm into Asia’s fastest-growing Bitcoin proxy, and is a 7,500% stock surge a sign of strength or euphoria? Metaplanet Inc. (MTPLF), a Japan-listed firm, has officially surpassed Tesla in corporate Bitcoin (BTC) holdings following its latest purchase of 1,234 BTC. In a disclosure filed on Jun. 25, the…
As global markets absorbed Middle East shocks, BTC climbed above $107,000 this week, outperforming equities, bonds, and commodities. Altcoins, meanwhile, struggled to catch a bid. According to a Binance Research report on June 27, Bitcoin (BTC) weathered a volatile weekend spurred by Middle East tensions, briefly dipping below $98,000 before surging past $107,000 and outperforming…
