Ross Ulbricht, founder of the defunct Silk Road marketplace, has received a 300 BTC donation, valued at approximately $31.4 million, according to Lookonchain. The transaction, verified by Arkham Intelligence, occurred around 2:00 AM UTC on June 1, 2025. This sudden influx of Bitcoin has triggered intense speculation across the crypto
Paris Saint-Germain (PSG) has become the first sports club to officially include BTC as a treasury asset in its balance sheet. The announcement came at the Bitcoin 2025 conference in Las Vegas, confirming the club’s move to allocate part of its fiat reserves into Bitcoin. Bitcoin Adoption as a Treasury
The crypto assets are in an uncertain state with their unclear price movement, with the market cap slipping over 2.91%, settled at $3.32 trillion. Bitcoin, the largest asset, after multiple recovery attempts, has reached the $105K mark. Notably, BTC has stepped into the greed zone as the Fear and Greed
Since Donald Trump’s re-election campaign caught steam, the crypto market has seen some uncharacteristic volatility, especially among altcoins. The biggest among the surprises is XRP, which has surged over 350%, way above Bitcoin’s 58% gain. Bitcoin recently reached all-time peaks of about $111,000, though it had fallen below $80,000 previously
Bitcoin has maintained consolidation between $108,000 and $110,000 over recent days, even though it dropped to $106,000 now. Market analyst Kyle Chassé suggests this period may precede a larger move based on Bitcoin’s historical relationship with global monetary trends. In a thorough research, Chassé emphasized the daily price fluctuations of
A crypto brokerage company from Norway, K33, has recently raised 60 million Swedish Krona, equal to $6.2 million, to purchase and hold the largest cryptocurrency, Bitcoin. On May 28, K33 revealed that it has safeguarded financing via convertible loans and issuing new shares and warrants, which will be utilized in
GameStop has officially entered the Bitcoin market with a purchase of 4,710 BTC, according to a May 28 SEC filing. The acquisition marks the company’s first confirmed investment since announcing its intent to adopt Bitcoin as a treasury reserve asset. With Bitcoin trading near $109,080 at the time, the total
Japanese investment firm Metaplanet Inc. has announced the issuance of $50 million in 0% ordinary bonds to fund its next round of Bitcoin purchases. The company, listed on the Tokyo Stock Exchange, confirmed the move in an official post, emphasizing its commitment to strengthening its Bitcoin treasury strategy. This 16th
Satoshi Nakamoto, the anonymous creator of Bitcoin, now holds an estimated fortune worth $120 billion. This makes him the 11th richest person worldwide, just behind Google co-founder Sergey Brin. His wealth has grown significantly following Bitcoin’s recent price surge, which pushed the cryptocurrency to a record high near $112,000 before
The Blockchain Group S.A., a leading European blockchain firm, has taken another bold step toward cementing its position as a major corporate Bitcoin holder. On May 27, 2025, the firm announced a successful issuance of €63.3 million in convertible bonds that were issued exclusively to buy more Bitcoin. This move
