As revealed by Lookonchain, BlackRock just moved a lot of Bitcoin — 4,113 BTC, worth about $429 million — to Coinbase Prime earlier today, breaking a buying streak that had lasted for over a month. The transactions were not hidden or small. Most of the transactions were sent in exact chunks of 300 BTC, which suggests this … Read more
KAZUHIRO NOGI/AFP via Getty Images This story is part of Forbes’ coverage of Japan’s Richest 2025. See the full list here. Facing activist investors and an unsolicited bid of nearly $50 billion from Canadian retailer Alimentation Couche-Tard (ACT), Seven & i Holdings, owner of the 7-Eleven convenience store chain, announced measures in March to improve … Read more
The Ethereum Foundation (EF) has restructured its internal development group, rebranding its core research team and laying off some staff in the process. According to a June 2 announcement, the EF’s former Protocol Research & Development (PR&D) team is now simply “Protocol,” which will focus on three strategic goals: scaling Ethereum’s base layer (L1), expanding … Read more
In brief Singapore’s financial authority has set a June 30 deadline for crypto firms operating overseas from Singapore to obtain a license or shut down, citing financial crime risks. The new rules apply to firms incorporated or staffed in Singapore serving only foreign clients, with no exemptions or transition period. The move follows similar global … Read more
In a regulatory filing submitted on Monday, Hong Kong’s Reitar Logtech Holdings Ltd. disclosed that it is negotiating a potential strategic acquisition of up to $1.5 billion worth of bitcoin to diversify its treasury reserves and fund global logistics technology expansion. Reitar Logtech Plans Treasury Diversification The Nasdaq-listed company (RITR) announced it is in advanced … Read more
Microsoft has announced its plans to foster the growth of digital infrastructure, artificial intelligence technology and startup growth in Switzerland with a $400M investment deal. Microsoft has announced that it will be pouring $400M into enhancing Switzerland’s digital infrastructure. The company is especially focused on expanding the country’s cloud and AI capabilities, empowering startups, developing … Read more
SOL Strategies, a Canadian public company focused on Solana infrastructure, reported a net loss in the second quarter even as revenue from staking and validating surged. The company, which trades on the Canadian Securities Exchange (CSE) under the ticker HODL, reported a net loss of CA$4.8 million ($3.5 million) for the second quarter of 2025, … Read more
Today, Strategy (Nasdaq: MSTR; STRK; STRF) has announced that it plans to conduct an initial public offering of 2,500,000 STRD shares of Strategy’s 10.00% Series A Perpetual Stride Preferred Stock. “Strategy intends to use the net proceeds from the offering for general corporate purposes, including the acquisition of bitcoin and for working capital,“ stated the … Read more
Hong Kong-based Reitar Logtech Holdings Ltd. announced in an official filing with the U.S. Securities and Exchange Commission (SEC) that it plans to purchase up to $1.5 billion worth of Bitcoin (BTC) in a bid to bolster its treasury reserves and support its global expansion strategy. With this move, the company, which operates in the … Read more
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Bitcoin is at a crossroads as market participants grow increasingly divided on its next move. Bulls remain hopeful for a breakout above the all-time high (ATH) near $112,000, while bears argue that a deeper correction is imminent. The current indecision is reflected … Read more