Strategy is raising $2 billion through a convertible note offering, primarily for corporate use and potential Bitcoin acquisitions.
Major institutions are amassing billions in Bitcoin ETFs, signaling accelerating institutional adoption and a financial shift.
Bybit reported a $1.4 billion crypto theft but assured users of secure cold wallets and full asset backing.
Tether rejected JPMorgan’s Bitcoin sale claims, citing strong reserves and ongoing regulatory discussions.
KULR increased its Bitcoin holdings to 610.3 Bitcoin with a $10M purchase, totaling $60M, and reports a 167.3% BTC Yield.
Rumble secured a $775 million investment from Tether and completed a $525 million tender offer while retaining its governance structure.
Strategy, formerly MicroStrategy, acquired 7,633 Bitcoin at $97,255 each, bringing its total holdings to 478,740 Bitcoin.
BlackRock raised its stake in Strategy to 5%, strengthening its Bitcoin exposure as its $55.5 billion Bitcoin ETF drives market inflows.
