In brief
Beat Holdings raised its Bitcoin investment cap from $6.8 million to $34 million, citing macroeconomic tailwinds.
The company holds over 131,000 units of BlackRock’s iShares Bitcoin Trust, with gains exceeding…
Sovereign wealth funds have begun to dabble in Bitcoin, but massive bets remain on hold. State‑owned funds won’t go big, SkyBridge founder Anthony Scaramucci has said, until the United States…
Key Points:Next Technology’s Bitcoin holdings increase significantly to impact stock prices.The stock price surged by 740% post-announcement.Q1 revenue hit $1.934 billion driven by digital asset gains.
Next Technology Holding Inc saw…
In brief
MARA reported a substantial $533 million net loss largely due to Bitcoin valuation adjustments.
Revenue grew 30% year-over-year to $214 million but still missed expectations.
Its mining output fell 19% despite…
MARA Holdings, Inc. (NASDAQ: MARA) has reported first quarter 2025 earnings, announcing $213.9 million in revenue—a 30% increase from Q1 2024—as the company continues its transformation into a digital energy…
Japan’s Metaplanet has increased its Bitcoin holdings with
the purchase of 555 BTC. The Tokyo-listed firm disclosed the transaction on May
7. It spent $53.4 million on the acquisition, paying an average…
Key Points:Arthur Hayes comments on the U.S. Bitcoin strategy.Debt and stereotypes affect policy choices.Bitcoin holdings termed unlikely to increase.
Arthur Hayes, co-founder of BitMEX, recently remarked on the U.S. government’s Bitcoin…
Reason to trust
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Main TakeawaysFederal agencies will share details of their crypto portfolio with the Treasury Secretary tomorrow.At present the US government holds 198,012 Bitcoin valued at about $16 billion.Federal Agencies must complete…
Key Points:
BlackRock increases Bitcoin holdings by 25,430 BTC, valued at…