Elon Musk, the CEO of Tesla, has once again weighed in on the crypto debate on X (formerly Twitter), explicitly endorsing both Bitcoin (BTC) and Dogecoin (DOGE) by framing their value proposition in terms of energy. Responding to a thread about AI and monetary debasement, Musk argued that Bitcoin is valuable because it’s “based on … Read more
Despite recent market volatility, the third quarter of this year saw a record surge in Bitcoin adoption by public companies, signaling a major strategic shift toward digital assets as a treasury reserve. According to data from Bitwise and Bitcoin Treasuries: The number of public companies holding Bitcoin jumped to 172, a nearly 40% increase in … Read more
Elon Musk has reasserted his belief that energy, not fiat currency, is the ultimate store of value, linking Bitcoin’s energy foundation to the accelerating global race for dominance in Artificial Intelligence (AI). Responding to a post by ZeroHedge on X (formerly Twitter), Musk agreed that the massive capital expenditure (capex) required for AI—which governments in … Read more
U.S. spot Bitcoin exchange-traded funds (ETFs) experienced a significant downturn, recording their largest combined daily outflow since September 26, totaling $326.4 million, according to Farside data. BlackRock’s IBIT Maintains Inflows Despite the broad market exit, BlackRock’s iShares Bitcoin Trust (IBIT), the largest spot Bitcoin ETF by assets, continued its streak of inflows. Consecutive Streak: IBIT … Read more
Metaplanet, a publicly traded Japanese company that has adopted Bitcoin as its primary treasury reserve, has entered “uncharted territory” as its enterprise value has fallen below the value of its Bitcoin holdings for the first time on record. Market Value vs. Bitcoin Holdings The company’s Market to Bitcoin Net Asset Value (mNAV)—a critical metric for … Read more
Europe’s largest asset manager, Amundi, with over €2.3 trillion in assets under management, is reportedly preparing to launch its first Bitcoin (BTC) exchange-traded product (ETP) in early 2026. This move would make Amundi the first major European financial institution to follow the lead of U.S. giants like BlackRock, whose Bitcoin ETF, IBIT, has seen massive … Read more
Nigel Farage, the leader of Reform UK, has positioned himself as the leading champion of the crypto industry in Britain, unveiling an ambitious pro-crypto agenda at the Digital Asset Summit 2025 in London. Declaring, “I am your champion,” Farage pledged to transform the UK into a global crypto hub, a move that mirrors Donald Trump’s … Read more
Jiuzi Holdings, Inc. (NASDAQ: $JZXN), a Nasdaq-listed company, announced a successful and innovative private placement, raising 100 Bitcoin ($BTC) as consideration. This transaction, signed on October 7, 2025, represents a “new paradigm” by merging traditional equity financing with funding denominated entirely in a digital asset. The company, primarily known for its DC fast-charging and energy … Read more
Steak ‘n Shake, the 90-year-old fast-food chain, has canceled plans to accept Ether payments following intense criticism from its loyal Bitcoin (BTC) customer base. The company, which has seen a 15% sales boost since adopting Bitcoin payments in May, ran a poll on X (formerly Twitter) asking its followers if it should expand to include … Read more
Bitcoin’s price is undertaking a steady recovery following a sharp crash on Friday that saw its value plummet from $122,000 to a low of $102,000. This rebound, however, is notably being driven by the resilience of spot holders rather than leveraged traders, indicating strong underlying conviction amidst volatile market conditions. Bitcoin investors demonstrated remarkable restraint … Read more