MicroStrategy Plans $700M Note Sale, Doubles Down on Bitcoin Strategy
MicroStrategy, led by Michael Saylor, is the largest corporate Bitcoin holder with 244,800 BTC valued at $14.2 billion.
Thai Authorities Bust Illegal Bitcoin Mining Linked to Power Outages
The house, rented by a company for four months, was abandoned by the operators, who fled before the raid. No arrests were made.
Bitcoin Restaking Platform SatLayer Raises $8 Million in Pre-Seed Round
The round was led by Hack VC and Castle Island Ventures, with support from Franklin Templeton, OKX Ventures, Mirana Ventures, Amber Group, Big Brain Holdings, CMS Holdings, and others.
Japanese Investment Firm Metaplanet Secures $6.8M Loan to Expand Bitcoin Holdings
The loan from MMXX Ventures, a Metaplanet shareholder, has a 0.1% annual interest rate and a six-month term starting on Aug. 8. The company stated that the loan will be repaid in a lump sum.
Riot Posts $84 Million Quarterly Loss Amid Increasing Bitcoin Mining Difficulty
Bitcoin mining difficulty rose by 10.5%, from 82.05 trillion to 90.67 trillion, marking a 10% increase in the effort needed to mine a block compared to the previous 2,016 blocks or two weeks.
Portal to Bitcoin Expands Ecosystem with Bitlayer, Sovryn, and Tari Partnerships
Portal to Bitcoin provides a decentralized way to access Bitcoin liquidity. It combines the Lightning Network and atomic swaps to ensure security and eliminate the need for centralized intermediaries or custodians.
SEC Greenlights Grayscale Bitcoin Mini Trust for NYSE Arca Listing
SEC specifically authorized the 19b-4 form for the Grayscale Bitcoin Mini Trust. This trust, identified by the ticker “BTC,” is intended as a derivative of GBTC, with new shares of the mini trust to be distributed to GBTC shareholders.
Asia’s MicroStrategy, Metaplanet Buys Additional $1.2 Million Worth of Bitcoin, Stock Soars 25.8%
QUICK BITE Metaplanet bought $1.2 million worth of Bitcoin, now holding 225.611 BTC. Their stock jumped 25.8% following the news....
Polygon Executive Colin Butler Touts RWA Tokenization as Crypto’s Killer App
Butlet says that technology slashes costs and settlement times, making it hard for traditional finance to overlook. He also emphasized that tokenization unlocks new business models for financial institutions, once limited by tight margins and competition.
Donald Trump Announces Crypto Project World Liberty Financial Launch Date
World Liberty Financial is developing a borrowing and lending service on blockchain technology. The project’s white paper, obtained by CoinDesk, reveals similarities to Dough Finance, a recently hacked blockchain app.