Bitcoin Magazine Anthony Pompliano Announces $1 Billion Merger in Record Bitcoin Treasury Company Fundraise Anthony Pompliano announced a $1 billion merger creating ProCap Financial through a Special Purpose Acquisition Company (SPAC) transaction with Columbus Circle Capital Corp. (CCCM). The deal represents the largest initial fundraise in history for a public Bitcoin treasury company, raising $516.5…
Bitcoin Magazine Norway’s Green Minerals Announces Adoption Of Bitcoin Treasury Strategy Today, Green Minerals AS, a mineral miner in Norway, has announced the adoption of a Bitcoin Treasury Strategy, marking a shift in its financial approach to protect against inflation and geopolitical uncertainty. The deep sea mining company aims to diversify its treasury by integrating…
Brazilian fintech firm Méliuz (CASH3), which serves over 30 million users in the country, has become Latin America’s largest publicly listed corporate holder of bitcoin BTC. The company said Monday that it acquired an additional 275.43 BTC for $28.61 million following a recent stock offering, raising its total holdings to 595.67 BTC. That stash, purchased…
Decentralized trading venue GTE has raised $15 million in a Series A round led by Paradigm, according to an announcement made on X. GTE describes itself as the “world’s fastest decentralized exchange,” a label often attributed to HyperLiquid. The derivatives exchange is one of this crypto cycle’s success stories, having racked up more than $1…
Canaan Inc. (CAN), the Singapore-based manufacturer of bitcoin mining machines, will wind down its artificial intelligence (AI) semiconductor business to refocus on its core crypto operations. Despite the growing trend of bitcoin miners diversifying their revenue through AI-related businesses, building AI chips is likely very competitive and not cost-effective for smaller companies. Canaan said that…
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…
DeFi Development Corp. (DFDV), the Nasdaq-listed firm with a crypto treasury strategy focused on Solana SOL, is bringing its equity onto blockchain rails through crypto exchange Kraken’s upcoming tokenized stock trading venue. The company’s shares will be tokenized under the ticker DFDVx on the Solana network, joining a select group of tokenized versions of major…
Coinbase (COIN), the leading digital assets platform in the U.S., is well positioned to benefit from the enactment of the crypto market structure bill introduced in the House of Representatives earlier this month, broker Benchmark said in a research report Monday. Benchmark raised its Coinbase price target to $421 from $310 and reiterated its buy…
In recent weeks, Congress has made historic strides toward securing America’s leadership in digital asset innovation. With the passage of the GENIUS Act, we’ve taken a major step toward ensuring that this emerging sector operates under clear, consistent rules—rules that protect consumers, encourage responsible innovation and strengthen national security. But make no mistake: this is…
Ethereum has dropped 17% since Friday, breaking down from the long-standing range that held firm since early May. The sharp sell-off came after news broke of US airstrikes targeting Iranian nuclear facilities, sending shockwaves across global markets and sparking panic selling in risk assets. ETH was no exception, plunging below multiple support zones before finding…
