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Metaplanet (Tokyo Stock Exchange: 3350 / OTCQX: MTPLF), a publicly listed bitcoin treasury company based in Japan, has announced its aggressive strategy to acquire as much bitcoin as possible in a bid to leverage its holdings for purchasing cash-generating businesses. CEO Simon Gerovich described the current market as a “bitcoin gold rush,” aiming to increase … Read more
An indictment was unsealed on Tuesday in the District of Puerto Rico, charging Michael Shannon Sims, 48, and Juan Carlos Reynoso, 57, for their alleged roles in operating and promoting Omegapro, an international investment scheme that defrauded investors of over $650 million, primarily via cryptocurrency. According to court documents, Sims, a founder and promoter of … Read more
Opensea has announced its acquisition of Rally, a move that aims to enhance its mobile and token trading capabilities. Chris Maddern, the new Chief Technology Officer of Opensea, expressed excitement about the acquisition, highlighting that the Rally team brings valuable expertise to the company. The integration of Rally is expected to supercharge a new mobile … Read more
Sequans Communications (NYSE: SQNS), a French semiconductor company, announced on Tuesday that it has successfully closed a $384 million private placement offering and will use the proceeds to buy bitcoin. Sequans has also struck a partnership with U.S.-based Swan Bitcoin, a financial services firm that specializes in bitcoin-focused wealth management. Swan will assist Sequans with … Read more
According to @Gettrumpmemes, the X account behind the TRUMP meme coin project, the crypto tied to the 47th U.S. President is headed to the Tron network. The Donald Trump-inspired meme coin is making its way to Tron, as confirmed by the X account run by Fight Fight Fight LLC—a Delaware-based firm and one of the … Read more
Fresh spot bitcoin exchange-traded fund (ETF) numbers show Blackrock’s IBIT has hit a major milestone—after pulling in $164.64 million in inflows on Monday, the fund now holds a massive 700,000 BTC. Blackrock’s Ishares Bitcoin Trust (IBIT) just crossed a significant threshold, holding more than 700,000 BTC, worth roughly $76 billion. That puts IBIT at the … Read more
The Smarter Web Company PLC (AQUIS: SWC | OTCQB: TSWCF | FRA: 3M8), a London-listed technology firm, has announced the purchase of an additional 226.42 bitcoin as part of its ongoing treasury policy outlined in “The 10 Year Plan.” The bitcoin was acquired at an average price of £78,932 per bitcoin (approximately $107,726), totaling £17,871,846 … Read more
The Blockchain Group (Euronext Paris: ALTBG) has confirmed the acquisition of 116 bitcoin for approximately €10.7 million (about $12,5M), bringing its total holdings to 1,904 BTC, valued at around €172 million (approximately $202M). This announcement follows the final completion of a capital increase as part of the “ATM-type” capital increase program with TOBAM, which raised … Read more
Most people use the weekend to unwind, not Jack Dorsey, CEO of Bitcoin tech firm Block and former CEO of what was then Twitter. Dorsey spent this past weekend building a messaging app that exclusively communicates via Bluetooth. “My weekend project: to learn about Bluetooth mesh networks, relays, and store and forward models, message encryption … Read more
The U.S. government has backed away from its lawsuit against crypto mixer Tornado Cash after both the Department of the Treasury, crypto advocacy group Coin Center, and others, all agreed to have the suit declared moot, effective June 28, 2025, court documents show. Lawsuits are considered moot when there is no longer a need to … Read more