Micah first discovered Bitcoin in 2018 but remained a skeptic on the sidelines for too long. Since 2021, he has covered crypto and business and now works as a news reporter for Bitcoin Magazine, based in North Carolina.
Metaplanet is acquiring Siiibo Securities for 2.1 billion yen ($13.1 million), giving Japan's largest corporate Bitcoin holder a securities license and distribution platform to launch Bitcoin-linked investment products.
Federal prosecutors charged two Eastern European nationals with operating AudiA6, a cryptocurrency mixing service and cybercrime platform that allegedly laundered nearly $400 million in bitcoin.
BitGo launched Lightning Earn, enabling institutional bitcoin holders to earn BTC-denominated fees by providing Lightning Network liquidity through an integration with Amboss Rails.
Hungary is reversing its restrictive crypto laws, moving to decriminalize Bitcoin and cryptocurrency trading and eliminating penalties that had driven major digital asset firms out of the country.
Nakamoto (NASDAQ: NAKA) sold roughly 600 Bitcoin and related derivatives for $48 million to retire $45 million of debt, refinanced its remaining Kraken loan at a lower interest rate with extended maturities, authorized a $25 million share buyback program, and retained 4,467 BTC on its balance sheet.
Strategy CEO Phong Le said the company's first Bitcoin sale since 2022 was a deliberate test meant to prove its operational flexibility and reassure investors that its processes work.
Morgan Stanley's Head of Digital Asset Strategy Amy Oldenburg says Bitcoin's biggest barrier to mainstream adoption is not product availability but investor and advisor education.
Fold Holdings sold roughly $45 million worth of bitcoin to eliminate secured debt and fund growth initiatives, leaving the company with a debt-free secured balance sheet, a treasury of 1,492 BTC, and renewed focus on expanding its Bitcoin rewards and financial services products.