The Blockchain Group (ALTBG) announced a series of strategic moves enhancing both its bitcoin treasury and capital structure. The Paris-based company bought 60 BTC for about 5.5 million euros ($6.5 million), bringing its total holdings to 1,788 BTC valued at about 161.3 million euros, with an average price of 90,213 euros each. Notable transactions include … Read more
Bitcoin traded at $107,937 as of 22:22 UTC on Sunday, up 0.54% over the past 24 hours, as attention turned to fiscal policy tensions in Washington following President Trump’s latest post on Truth Social. Price action remained volatile, with BTC fluctuating between $107,194 and $108,489 during the 24-hour window, according to CoinDesk Research’s technical analysis … Read more
Bitcoin Treasury Corporation, a Canadian firm focused on bitcoin-related services, has wrapped up the first leg of its bitcoin buying campaign, adding 478.57 bitcoin for CAD $70 million ($51 million) and boosting its total holdings to 771.37 BTC. The accumulation works out to roughly 0.0000634 BTC per fully diluted share, the company said in a … Read more
The crypto markets experienced a relatively calm day on Friday in spite of a renewal of the threat of tariffs. Bitcoin is down 0.7% in the last 24 hours, now trading for $106,700, according to CoinDesk market data. The orange coin’s performance was broadly in line with the CoinDesk 20’s — an index of the … Read more
Crypto exchange Coinbase (COIN) will start offering perpetual-style futures contracts in the U.S. on July 21, becoming one of the first regulated players to offer the globally popular product. The new vehicle, first available with bitcoin and ether , will trade on the Coinbase Derivatives Exchange, a CFTC-regulated venue. Unlike offshore perpetuals, which dominate global … Read more
Metaplanet Inc (3350) and the Blockchain Group (ALTBG) both executed substantial equity capital raises as part of their initiatives to focus on bitcoin accumulation for treasury purposes. Metaplanet announced the exercise of its 20th series of stock acquisition rights under the recently announced 555 Million Plan, raising 74.9 billion yen, ($515 million) in a single … Read more
Mining difficulty on the Bitcoin blockchain is on course to drop by the most since July 2021 after the amount of mining power securing the network slid about 30% in two weeks. According to data from Mempool.space, a downward difficulty adjustment of around 9% is projected within the next five days. That would be the … Read more
Trump Media and Technology Group (DJT), the parent company of the social media platform Truth Social, is planning a $400 million share buyback program. President Donald Trump’s media firm said that the repurchase would be funded separately from and not alter its bitcoin treasury strategy. The buyback will be conducted through open market transactions, and … Read more
Bitcoin holding company Nakamoto Holdings, founded by US President Donald Trump’s crypto adviser, David Bailey, has secured $51.5 million in fresh capital through a private placement in public equity (PIPE) deal, according to a statement from merger partner KindlyMD. Bailey said that the new funds were raised in less than 72 hours, reflecting growing investor … Read more