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Strategy revealed on June 2 that it will offer 2.5 million shares of its 10% Series A Perpetual Stride Preferred Stock, branded “STRD,” to acquire more Bitcoin (BTC).
The STRD security carries a $100 initial liquidation preference and pays non-cumulative cash dividends at 10% a year when Strategy’s board declares them.
Strategy intends to use net proceeds for general corporate activities,...
Tether and Bitfinex transferred 21,000 Bitcoins (BTC) to designated wallets on June 2, completing their agreed contributions to Twenty One Capital.
Tether CEO Paolo Ardoino wrote that Bitfinex sent 7,000 BTC, while Tether Group moved 14,000 BTC.
Furthermore, Tether moved 4,812.22 BTC as prefunding for Twenty One’s convertible-equity raise.
The holdings matched a May 13 8-K filing that disclosed...
World Liberty Financial’s stablecoin USD1 surpassed $10 billion in transfer volume just 10 days following its listing on Binance, according to data from Artemis.
From May 22 to June 1, the stablecoin traded $10.7 billion in volume, surpassing the total transfers from its inception until May 21. The stablecoin is native to World Liberty Finance, a decentralized application backed by President...
The largest risk for Bitcoin (BTC) in the event of a quantum computing breakthrough is the potential adaptation window to become resistant, VanEck’s head of digital assets research Matt Sigel wrote in a June 2 post on X.
He said banks, tech platforms, and other blockchains face the same cryptographic weakness as Bitcoin does in the context of post-quantum computing. Yet, most can patch their...
Nasdaq-listed Reitar Logtech Holdings Ltd. is in advanced talks to acquire up to $1.5 billion worth of Bitcoin (BTC) as part of a strategic treasury diversification initiative aimed at supporting its global logistics technology expansion.
According to the June 2 SEC filing, the proposed transaction, involving approximately 15,000 BTC, would be executed through a share issuance agreement with a...
Circle, the company behind the USDC stablecoin, has revised its IPO filing to reflect stronger-than-expected investor demand, according to a June 2 filing with the US Securities and Exchange Commission (SEC).
The updated filing shows Circle now plans to issue 32 million Class A shares, up from the previously announced 24 million. It also raised its proposed price range to between $27 and $28 per...
The crypto market recorded $286 million in inflows, extending a seven-week streak that has added $10.9 billion to crypto investment products, according to CoinShares‘ weekly report.
However, the overall value of assets under management slipped from $187 billion to $177 billion, reflecting recent market declines.
CoinShares’ Head of Research, James Butterfill, pointed to growing economic...
Tether CEO Paolo Ardoino has disclosed that the company is being prevented from participating in Juventus Football Club’s latest capital increase.
In a June 2 post on X, Ardoino addressed mounting inquiries from Juventus supporters who had hoped Tether would provide new capital to help the club sign players and regain its competitive edge.
According to Ardoino, Juventus has not permitted Tether...
Cybercriminals are adopting increasingly deceptive tactics to target crypto users, with some now posing as blockchain security companies.
Their aim is to steal assets and implicate their victims in the process, making it harder for them to seek redress.
This evolution comes amid a sharp rise in crypto-related losses. In May 2025 alone, hackers and fraudsters drained over $244 million from users,...
Twelve years ago, hardcore Bitcoin users begged developers to “nuke” coins held in a US government wallet captured from Silk Road. They feared the feds could dump the stash and crush the market, or worse, wield it as monetary power.
Yet in March, the White House quietly ordained those same confiscated coins part of a new Strategic Bitcoin Reserve. What once sparked calls for a censorship fork...