Investments

Basel Medical Group to add B in Bitcoin to treasury amid falling share prices

Basel Medical Group to add $1B in Bitcoin to treasury amid falling share prices

Singapore-based Basel Medical Group (BMGL) announced plans to acquire $1 billion worth of Bitcoin (BTC) to strengthen its balance sheet and accelerate expansion across Asian markets. Basel also revealed that the proposed transaction is being negotiated with a consortium of institutional investors and high-net-worth individuals active in the crypto sector.  Basel CEO Darren Chhoa said […]

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Sora Ventures joins NASDAQ through strategic merger with Top Win, rebrands to AsiaStrategy

Sora Ventures joins NASDAQ through strategic merger with Top Win, rebrands to AsiaStrategy

This Friday, Sora Ventures will enter the public markets through a strategic partnership with Top Win International Limited (NASDAQ: TOPW), a Hong Kong-based luxury watch distributor transitioning into the digital assets sector. Rather than launching an independent IPO, Sora will embed itself into TopWin’s publicly traded structure. Founder Jason Fang will assume the role of

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Central Bank of Russia rates Bitcoin the top global investment since 2022

Central Bank of Russia rates Bitcoin the top global investment since 2022

The Central Bank of Russia has ranked Bitcoin as the most profitable investment over the past year, outperforming traditional assets such as gold, stocks, and bonds. In a newly published analysis, the regulator noted that Bitcoin delivered a 38% return in the last 12 months, ranking highest among the asset classes it evaluated. Looking further

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AI search startup Perplexity on track for massive  billion valuation – WSJ

AI search startup Perplexity on track for massive $14 billion valuation – WSJ

Artificial intelligence search startup Perplexity is reportedly in advanced talks to raise $500 million in a new funding round that would value the company at $14 billion, the Wall Street Journal reported, citing people familiar with the matter. The round is expected to be led by venture capital giant Accel, with continued backing from Nvidia,

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Strategy and Metaplanet purchase combined 15,000 BTC for nearly .5 billion as Bitcoin rallies

Strategy and Metaplanet purchase combined 15,000 BTC for nearly $1.5 billion as Bitcoin rallies

Bitcoin’s steady rise amid easing macroeconomic pressures is drawing renewed interest from institutional giants. On May 12, Japan’s Metaplanet and US-based Strategy (formerly MicroStrategy) each confirmed large Bitcoin purchases, signaling deepening institutional confidence in the digital asset. Together, the two firms added nearly 15,000 BTC to their treasuries, reinforcing Bitcoin’s appeal as a hedge in

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Trump family-backed Bitcoin reserve company American BTC to go public this year

Trump family-backed Bitcoin reserve company American BTC to go public this year

American Bitcoin, a majority-owned subsidiary of Hut 8 and associated with the Trump family, is set to become a publicly traded entity through a merger with Gryphon Digital Mining. The stock-for-stock transaction will result in American Bitcoin taking over Gryphon’s public listing. The combined company is expected to trade on Nasdaq under the ticker “ABTC”

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Institutional investors contributed 2 million globally to surge in crypto investments last week

Institutional investors contributed $882 million globally to surge in crypto investments last week

Institutional appetite for digital assets is gaining momentum, with crypto investment products recording $882 million in inflows last week. According to new data from CoinShares, this marks the fourth straight week of positive flows. In 2025, digital asset investments have seen total inflows of $6.7 billion, which is rapidly approaching the $7.3 billion high set

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Coinbase agrees to acquire Deribit in landmark .9 billion deal

Coinbase agrees to acquire Deribit in landmark $2.9 billion deal

Coinbase has reportedly agreed to acquire crypto derivatives platform Deribit in a deal valued at approximately $2.9 billion. The agreement, which includes a mix of cash and Coinbase stock, would mark the largest acquisition in the company’s history. According to the Wall Street Journal, negotiations have reached the final stages following months of discussions. Coinbase aims

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Vivek Ramaswamy’s Strive makes bold move as first NASDAQ-listed asset manager with a Bitcoin treasury

Vivek Ramaswamy’s Strive makes bold move as first NASDAQ-listed asset manager with a Bitcoin treasury

Strive Asset Management has agreed to merge with Asset Entities Inc., setting the stage for a bold transition into a Bitcoin-focused treasury company. According to a May 7 statement, the deal will see the combined firm operate under the Strive name and continue trading on NASDAQ. The firm said the move would create the first

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Crypto VC funds struggle to capture money as startup fundraising rebounds in 2025

Crypto VC funds struggle to capture money as startup fundraising rebounds in 2025

Crypto venture capital (VC) firms are experiencing operational strain and consolidation, even as project-level fundraising gains momentum.  In the first quarter, crypto startups raised $5.85 billion, already accounting for nearly 61% of the capital raised throughout 2024, according to DefiLlama.  Varys Capital head of venture Tom Dunleavy shared that, despite this influx, fewer active funds

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