Recovered from the SITE123 blog, Aug 2026. Imported as drafts for review.
Bitmain Technologies Ltd., the world’s largest manufacturer of cryptocurrency mining equipment, is set to establish its first U.S. factory by late 2025, with production slated to begin in 2026. The company is considering Texas or Florida as the location for this new headquarters and assembly line. This strategic expansion aligns with the U.S.’s “Made in … Read more
Wyoming Senator Cynthia Lummis has introduced the 21st Century Mortgage Act, a proposed law that would require US mortgage purchasers Fannie Mae and Freddie Mac to consider digital assets as part of single-family loan applications. This bill directly follows a June order from the US Federal Housing Finance Agency (FHFA) on the same matter. Lummis … Read more
GameSquare Holdings recently made waves by purchasing CryptoPunk #5577 for $5.15 million in preferred shares, classifying the NFT as a treasury asset. This unconventional move suggests a possible new trend where non-fungible tokens (NFTs) could become part of a company’s long-term financial reserves, similar to Bitcoin. This concept is gaining traction within the NFT community. … Read more
Visa has reported robust third-quarter earnings, surpassing analyst expectations and demonstrating strong growth across key metrics. This impressive performance explains why the payments giant is nearing its 52-week high. The company announced adjusted earnings per share (EPS) of $2.98, a significant 23% increase from $2.42 in the same period last year, and comfortably beating the … Read more
Coinbase Derivatives is set to expand its offerings with the debut of nano perpetual-style futures for XRP and Solana (SOL) on August 18th. These new products, building on Coinbase’s recent launch of perpetual futures in the US, are designed with small contract sizes to significantly reduce the capital required for participation. Unlike traditional futures that … Read more
Digital banking giant Revolut is reportedly exploring the acquisition of a US bank as a strategic move to accelerate its entry into the American market. This approach would allow the UK’s largest fintech to bypass the lengthy process of obtaining a banking charter from scratch, enabling it to offer lending services more quickly. While acquisition … Read more
The U.S. Securities and Exchange Commission (SEC) has made a significant regulatory change, approving in-kind creation and redemption mechanisms for Bitcoin and Ethereum Exchange Traded Products (ETPs). This decision brings crypto ETPs in line with traditional commodity ETPs, aiming to enhance market efficiency and reduce operational costs. This shift allows for physical subscriptions and redemptions … Read more
The Bank of Korea (BOK) has announced the formation of a new Virtual Asset Division, a move aimed at enhancing its oversight of the crypto market and actively participating in the development of relevant legislation. According to local reports, this new division, situated within the central bank’s financial payment systems bureau, will be crucial in … Read more
Strategy, a prominent company, has significantly expanded its Bitcoin portfolio by successfully completing a $2.52 billion Initial Public Offering (IPO) of its Variable Rate Series A Perpetual Stretch Preferred Stock (STRC). The proceeds from this offering, which notably exceeded its initial $500 million target due to strong institutional demand, were immediately used to acquire 21,021 … Read more
Marti, a leading Turkish taxi-hailing and micro-mobility company, has announced a significant shift in its treasury strategy, allocating 20% of its cash reserves to crypto assets, starting with Bitcoin. The company plans to increase this allocation to 50% soon, holding these assets through a regulated custodian. Marti’s CEO, Oguz Oktem, stated that this move aims … Read more