The position marks one of the largest known bitcoin allocations by a U.S. university endowment. What to know: Harvard Management Company, which oversees the university’s $50 billion endowment, disclosed a $116 million position in BlackRock’s iShares Bitcoin Trust (IBIT) in its latest quarterly filing with the U.S. Securities and Exchange Commission (SEC). The stake, reported in a Form 13-F on Friday […]
The Japanese company’s purchase takes its total holdings to more than $1.78 billion in value. What to know: Metaplanet (3350), a Tokyo-listed investment firm, said it bought another 463 bitcoin emphasizing the cryptocurrency’s long-term shareholder value even as its stock fell more than 7% to sit at half the value it held in June. The latest purchase […]
The proposal aims to take advantage of surplus energy generated by nuclear power plants, with one MP describing it as a “secure and extremely profitable solution”. What to know: A group of French lawmakers is preparing a draft law that would enable the use of surplus electricity from nuclear power plants to mine bitcoin according to […]
Falling on-chain velocity doesn’t necessarily mean bitcoin usage is slowing. In fact, it might just mean we’re looking in the wrong place, says Stefania Barbaglio. What to know: Bitcoin’s on-chain velocity—how often coins move—is at decade lows. To some, that’s a red flag: has Bitcoin lost momentum? Is it still being used? In fact, falling […]
Paul Atkins, the head of the Securities and Exchange Commission, said “most crypto assets are not securities.” What to know: WASHINGTON, D.C. — Securities and Exchange Commission (SEC) Chairman Paul Atkins said his agency is launching “Project Crypto” with an aim to make a quick start on the new crypto policies urged by President Donald Trump. Atkins […]
The pair’s plea change comes amid Tornado Cash developer Roman Storm’s ongoing criminal trial on similar charges. What to know: The developers of bitcoin mixing service Samourai Wallet pleaded guilty to one count each of conspiracy to operate an unlicensed money transmitting business on Wednesday, taking a plea deal that drastically cut their potential prison time […]
The offering comes just days after closing on the sale of $2.5 billion of STRC preferred shares. What to know: Strategy (MSTR), the largest corporate holder of bitcoin, plans to raise as much as $4.2 billion through sales of a newly issued preferred stock series, according to a Thursday filing with the U.S. Securities and Exchange Commission. The […]
Other crypto ETF applications, including the Grayscale Solana Trust and Canary Capital Litecoin ETF, were also postponed. What to know: The U.S. Securities and Exchange Commission (SEC) has pushed back its decision on whether to approve an exchange-traded fund (ETF) proposed by Truth Social, the social media platform affiliated with Donald Trump. The delay, announced Monday, gives the agency until […]
The company announced the STRC offering on Monday, originally planning to issue 5 million shares at $100 each. What to know: Strategy (MSTR), the world’s largest corporate bitcoin holder helmed by Michael Saylor, has lifted the size its preferred stock offering STRC to $2 billion, Bloomberg reported on Thursday. That’s a significant raise from the original plan of issuing 5 million […]
The bank expects further adoption of tokenized assets and money market mutual funds once the crypto market structure bill, the CLARITY Act, becomes law. What to know: Bank of America (BAC) says the GENIUS Act, signed into law last Friday by President Donald Trump, marks a turning point for U.S. stablecoin regulation, laying the groundwork for infrastructure development […]