Tucked in the Himalayas and known globally for prioritizing Gross National Happiness over GDP, Bhutan has been quietly amassing one of the largest national Bitcoin reserves in the world. Behind closed doors, the small kingdom has accumulated an estimated $1.3 billion worth of Bitcoin, a figure approaching 40% of its GDP—and it’s done so not … Read more
Genius Group, the AI-driven education company, is taking a bold swing—and if it connects, shareholders could cash in while the company walks away with a massive stack of Bitcoin. In a surprising move revealed this week, Genius Group announced plans to use proceeds from two high-stakes lawsuits—valued at over $1 billion—to fund both shareholder payouts … Read more
UK-based web design and marketing firm The Smarter Web Company has raised £41.2 million ($56.59 million) from institutional investors, just days after significantly increasing its Bitcoin holdings. The capital raise, announced Thursday, was conducted through an accelerated bookbuild process—allowing the company to quickly secure funding within one or two days without extensive marketing. The firm … Read more
Shelving Up to $1B in Securities On June 26, Bakkt Holdings (NASDAQ: BKKT), a digital‑asset platform, submitted an S‑3 registration statement to the SEC—securing authorization to raise up to $1 billion via one or more future offerings. The shelf registration enables Bakkt to issue common or preferred stock, debt securities, warrants, or units at its discretion … Read more
Coinbase is preparing to introduce CFTC-compliant U.S. perpetual futures for Bitcoin (BTC) and Ethereum (ETH) on July 21, signaling a pivotal moment for U.S. derivatives markets. Backed by an experienced executive team, this move aims to offer a regulated and innovative alternative to offshore futures platforms. A New Era of Regulated Crypto Derivatives in the … Read more
Pradeep Bhandari, a senior spokesperson for India’s ruling Bharatiya Janata Party (BJP), has called for the launch of a Bitcoin reserve pilot project in India, signaling a potential step toward modernizing the country’s financial system and enhancing economic resilience. India Eyes Bitcoin as a Tool for Economic Modernization Bhandari’s proposal reflects growing interest in leveraging Bitcoin’s … Read more
Bitcoin traded in a narrow range during U.S. market hours on Thursday, maintaining a position above the $107,000 mark as traders prepared for a major quarterly options expiry set for Friday. Despite slight declines across the broader crypto market, Bitcoin’s stability stood out amid the anticipation of a significant volume of derivatives contracts reaching expiration. … Read more
Threshold Network has launched tBTC on Starknet, marking a major leap forward for Bitcoin’s integration into decentralized finance. This move allows BTC holders to trade, lend, and participate in DeFi protocols at a fraction of the cost typically seen on Bitcoin’s mainnet—with transaction fees as low as $0.01. Unlike traditional wrapped Bitcoin products that rely … Read more
Bit Digital, the Nasdaq-listed crypto firm, has revealed plans to exit the Bitcoin mining business entirely and focus exclusively on Ethereum staking and treasury management. This marks a major pivot in the company’s strategy, which began in 2022 with its initial accumulation of Ether (ETH) and development of Ethereum staking infrastructure. As of March 31, … Read more
GameStop has raised an additional $450 million through its private convertible note offering, bringing the total raise to $2.7 billion. The funds are intended for general corporate purposes, including investments and acquisitions, with Bitcoin purchases a potential use—though not explicitly confirmed. If GameStop invested the entire $450 million in Bitcoin at current prices (~$108,000 per … Read more