Adoption
Trump Media & Technology Group (TMTG), a company backed by US President Donald Trump, has announced plans to raise $2.5 billion through a mix of stock and convertible note offerings to purchase Bitcoin, according to a May 27 statement. This planned purchase would help the firm reach the top 10 corporate Bitcoin holders globally. Strategy (formerly […]
Trump Media’s bold $2.5 billion Bitcoin bet shakes market Read More »
Bitcoin-focused firm Top Win International has officially changed its Nasdaq ticker symbol from TOPW to SORA to reflect its revamp to a Bitcoin Treasury company, according to a May 27 regulatory filing. The firm has also appointed Sora Ventures co-founder Jason Fang as chairman of the board of directors. Fang brings a wealth of experience to
Nasdaq-listed Top Win changes ticker to SORA, names Jason Fang board chairman Read More »
The Bitcoin world begins what is considered to be its biggest event yet — Bitcoin 2025, a three-day conference taking place May 27-29 at The Venetian Resort in Las Vegas. With over 30,000 attendees expected, the event will bring together the biggest names in politics, finance, technology and the global Bitcoin community. Hosted by BTC
Bitcoin 2025 Conference Kicks off in Las Vegas Today Read More »
Strategy, formerly known as MicroStrategy, is unlikely to adopt on-chain proof-of-reserves (PoR) disclosure for its substantial Bitcoin holdings. At the Bitcoin 2025 conference in Las Vegas, the company chairman, Michael Saylor, dismissed the practice as a potential security threat, saying it exposes firms and users to unnecessary risks. Saylor made the comments while responding to
Strategy’s Michael Saylor rejects on-chain Proof-of-Reserves due to ‘liability’ Read More »
Key Takeaways: Bitcoin is holding steady near $110K as traders eye potential headline risks from the Bitcoin Conference. QCP warns of past volatility spikes tied to political speeches, with short-term traders trimming exposure. Bitfinex sees rising profit-taking and expects consolidation, but institutional buying remains a strong tailwind. Bitcoin is trading in a tight range between
BTC Holds Steady Near $110K as Traders Brace for Bitcoin Conference Headlines: QCP Read More »
Tether, the issuer of the world’s largest stablecoin USDT, has disclosed that it has reinvested around $5 billion of its profits into US-based companies and infrastructure over the past two years. In a May 26 post on X, Tether CEO Paolo Ardoino disclosed that the company has made significant investments across American businesses and emerging
Key Takeaways: Former CFTC Chair has joined Sygnum as a senior policy adviser to guide its global regulatory strategy. His appointment comes as Sygnum expands in markets like Singapore and the UAE. Sygnum recently hit unicorn status following a $58 million funding round led by Fulgur Ventures. Sygnum, a Swiss-based digital asset bank, has appointed
Crypto Bank Sygnum Brings On Ex-CFTC Chief to Steer Regulatory Efforts Read More »
H100 Group AB, a Swedish publicly listed health technology company, has made the headlines after investing in bitcoin as part of a new financial strategy. The move has caused a stir in Sweden and beyond, with H100’s stock price rising 40% after the announcement. The company has bought 4.39 bitcoin for 5 million Norwegian Krone
H100 Becomes First Swedish Company with a Bitcoin Reserve Read More »
Pakistan will allocate 2,000 megawatts of electricity for Bitcoin mining and artificial intelligence (AI) data centers. According to a Bloomberg report, the Pakistan Crypto Council (PCC) overseeing the project confirmed that three underutilized coal-powered plants, currently operating at just 15% capacity, will be repurposed to support this initiative. This development is part of the government’s
Pakistan to allocate 2,000 MW for Bitcoin mining and AI data centers Read More »
The Dubai Land Department (DLD) has selected XRP Ledger (XRPL) to power its landmark real estate tokenization initiative. The announcement, made on May 25, introduces several new partners to the project, including the Dubai Future Foundation, real estate investment platform Prypco, and blockchain infrastructure firm Ctrl Alt. Ctrl Alt will oversee the tokenization framework, ensuring
Dubai chooses XRP Ledger (XRPL) for key real estate initiative Read More »
