Could Strategy (MSTR) use Bitcoin-fueled earnings to enter the S&P 500 and turn Bitcoin into a backdoor index asset? MSTR’s S&P 500 eligibility now hinges on Bitcoin stability Michael Saylor’s corporate bet on Bitcoin (BTC) may be approaching a new milestone. If Bitcoin holds its current price level, Strategy (MSTR), formerly known as MicroStrategy, could…
Japanese company Metaplanet issued 54 million shares to expand its Bitcoin holdings further. Companies are doubling down on their Bitcoin (BTC) treasury strategies. On Wednesday, June 25, Metaplanet, a Japanese budget hotel firm turned Bitcoin fund, issued 54 million new shares to expand its BTC holdings. The new shares, issued with the help of institutional…
Bluebird Mining is accelerating its pivot to digital assets with a £2 million funding facility to buy Bitcoin, timed just as it finalizes a gold profit-sharing agreement in the Philippines. On June 25, Bluebird Mining Ventures Ltd, a London-listed gold miner, has secured a £2 million funding facility, with £1 million available immediately, to begin…
Arizona has passed HB2324, approving a previously rejected proposal to create a Bitcoin reserve funded by seized criminal assets. Arizona has passed HB2324, a Bitcoin Reserve bill that establishes a state-managed fund for digital assets seized through criminal forfeiture. The bill updates Arizona’s forfeiture laws to formally include cryptocurrencies and sets rules for law enforcement…
Bitcoin is showing signs of renewed strength after reclaiming a key technical level that historically marks the start of short-term rallies. According to a June 25 analysis by CryptoQuant contributor İbrahim COŞAR, Bitcoin (BTC) has successfully moved back above its 50-day exponential moving average, a trend line often used to identify major shifts in market…
Anthony Pompliano’s Bitcoin-focused firm, ProCap BTC, has filed an 8-K with the U.S. Securities and Exchange Commission to go public through a merger with Columbus Circle Capital Corp I, a blank-check company. A June 25 announcement, shared by Pompliano on X, outlines a business merger that would form ProCap Financial, Inc., a Nasdaq-listed entity. The…
Anthony Pompliano didn’t wait for the ink to dry. Just one day after announcing a $1 billion SPAC deal, ProCap scooped up 3,724 Bitcoin, locking in exposure for investors before markets could blink. According to a June 24 press release, Anthony Pompliano’s ProCap BTC, LLC purchased 3,724 Bitcoins (BTC) at a time-weighted average price of…
The overall crypto market cap rose 2.3% as traders hoped for de-escalation in the Middle East. Crypto markets saw notable gains on Tuesday, with Bitcoin (BTC) leading the rally. On Tuesday, June 24, Bitcoin climbed 5.3%, rising back above $105,000. Altcoins performed even better, posting double-digit gains, with the total crypto market cap up 5.19%….
Bitcoin’s share of investor holdings has steadily climbed through months of volatility, now nearing 31%. XRP is riding ETF optimism to a portfolio comeback, while Solana’s narrative has cooled, and so has its weight in user wallets. According to Bybit’s latest report on crypto holders’ asset allocation, Bitcoin (BTC) now accounts for 30.95% of investor…
Sui-based NAVI Protocol partnered with OKX to introduce xBTC lending and borrowing for OKX users. Blockchains are kicking off the race for DeFi-enabled Bitcoin (BTC). On Tuesday, June 24, NAVI Protocol, a DeFi platform built on Sui (SUI), announced a two-month partnership with the OKX exchange aimed at promoting xBTC lending on Sui through user…
