BlackRock’s IBIT becomes third-largest revenue driver among nearly 1,200 funds as spot bitcoin ETFs reshape the investment landscape. What to know: BlackRock’s iShares Bitcoin Trust (IBIT) now holds 700,000 bitcoin according to Glassnode data, and has amassed $76 billion in assets under management in just 18 months, outstripping both the iShares Core S&P 500 ETF (IVV), which tracks the […]
Almost all of Bitcoin’s actual users have gone away, one observer said, warning of a major crisis. What to know: The Bitcoin blockchain lacks meaningful on-chain activity, even as its native token, bitcoin trades near a record per-unit price. That’s according to mempool – a holding area for unconfirmed blockchain transactions waiting to be included […]
All of these moved coins are among the rarest class of BTC: mined or transacted during the “Satoshi era,” a loosely defined period from bitcoin’s launch in 2009 through 2011, when its pseudonymous creator was still active online. What to know: More than $8 billion worth of bitcoin mined during the network’s earliest days — […]
Singapore hits banks with $21.5M in fines over a $2.2 billion money laundering scandal involving cash, property and crypto What to know: Singapore fined nine financial firms, including UBS and Citigroup, S$27.5 million ($21.5 million) after a probe into the country’s largest money laundering scandal, which involved the seizure of assets ranging from luxury real estate to […]
BM Big Read: You are the yield that the bitcoin treasury companies are chasing. Their earnings stem not from revenue but from new investors. Half a year has passed since the publishing of my initial report on the company then-named MicroStrategy, now simply Strategy. Other than a name change, the company has since then broadened the arsenal […]
The company in June saw a 25% decrease in blocks won mostly due to weather-related curtailments. What to know: MARA Holdings (MARA) now holds 49,940 bitcoin, a trove that puts the public miner near the 50,000 threshold and makes it the second-largest publicly traded bitcoin holder behind Strategy (MSTR). At current prices, the stack is worth close to […]
The Hut 8 sold over 11 million shares to investors, securing $215 million in net proceeds to expand its Bitcoin holdings and mining operations. Hut 8 Corp. filed with the SEC that its majority-owned subsidiary, American Bitcoin Corp., has raised $220 million in a private stock placement with accredited investors, with a portion of the investment made […]
The payments giant is hiring two U.S.-based leaders to grow its crypto and blockchain business. What to know: Mastercard is deepening its push into crypto with plans to hire two senior leaders focused on digital assets and blockchain. The payments giant is recruiting for a Vice President, Head of Digital Assets Ecosystem Growth, and a […]
***This is an excerpt from the June issue, a macro analysis of The Bitcoin Capitalist. — The emerging theme – perhaps timed by many participants to align with the big conference – is a veritable Cambrian explosion in Bitcoin treasury companies in the public markets. Leading up to the conference we saw announcements from the […]
Over 72 percent of circulating BTC is now illiquid, suggesting reduced sell-side pressure and potential bullish momentum. Что нужно знать: Bitcoin’s illiquid supply has surged to 14.37 million BTC, jumping from 13.9 million BTC at the start of 2025, according to Glassnode data. With bitcoin’s current circulating supply standing at approximately 19.8 million, this means […]