Crypto News
Bhutan Possibly Readies $15M Bitcoin Sale as Holdings Near $1.3B
The Royal Government of Bhutan transferred 137.245 bitcoin worth about $14.77 million to crypto exchange Binance on June 30, according to blockchain data from Arkham Intelligence. This fresh transaction comes as Bhutan’s total bitcoin holdings have grown to 11,924 BTC, valued at approximately $1.28 billion at current market prices of around $107,000. The small Himalayan kingdom has become a significant player in the crypto space, with its bitcoin stash representing a sizable chunk of its economy. The holdings were built largely through state-backed mining operations under Druk Holdings, working alongside Bitdeer Technologies, which is expanding local mining capacity to 600 megawatts by 2025.The latest Binance deposit has fueled speculation about potential selling pressure, although no one from the government has...
Strategy Continues Bitcoin Shopping Spree With $532 Million BTC Buy
The software firm has added another 4,980 Bitcoin to its treasury, bringing its total holdings of the asset to nearly $64 billion at present.Source link
Ten New Wallets Added to WalletConnect Certified Program
WalletConnect Certified recognizes projects that offer a world-class user experience—giving developers "a clear framework for excellence."Source link
BitMine Immersion Stock Triples as it Raises $250M for Ether Treasury, Adds Thomas Lee to Board
BitMine Immersion Technologies (BMNR) has secured $250 million via a private placement of common stock and will use the funds to launch an ether (ETH) treasury.When the deal closes, expected July 3, the Las Vegas-based miner said it will rank among the largest publicly traded holders of ETH.The financing, priced at $4.50 a share, brought together investors including Founders Fund, Pantera Capital, Kraken, Galaxy Digital and Republic. Cantor Fitzgerald advised lead investor MOZAYYX, while ThinkEquity placed the deal.BitMine justified its choice of ether as a primary reserve asset saying Ethereum currently leads in stablecoin payments, tokenized assets, and decentralized financial applications.“By having a direcT ETH treasury position, the company has access to native protocol-level activities, such as staking and decentralized...
Saylor Strikes Again: Strategy Bags Another 4,980 Bitcoin in Latest Buying Spree
After teasing another move early Sunday, Strategy head Michael Saylor confirmed the next day that his firm scooped up an additional 4,980 BTC. Saylor’s team isn’t slowing down—the company just grabbed more bitcoin ( BTC), pushing its total closer to the 600,000 mark, now sitting at 597,325 BTC. The latest haul cost $531.9 million, withSource link