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SpaceX Officially Joins Public Bitcoin Leaderboard as 8th Largest Holder With 18,712 BTC

Elon Musk's SpaceX is set to begin trading on the Nasdaq under the ticker SPCX on Friday, officially joining the ranks of public Bitcoin treasury companies with 18,712 BTC worth roughly $1.29 billion, making it the eighth-largest corporate holder of bitcoin.

Sam Bankman-Fried Loses Appeal to Overturn FTX Fraud Conviction

One of Sam Bankman-Fried's final viable avenues to overturn his conviction closed Friday after a federal appeals court upheld both his fraud conviction and 25-year prison sentence, keeping the disgraced FTX founder behind bars.

Metaplanet Acquires Siiibo Securities in Push to Build Bitcoin Financial Ecosystem

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.

U.S. Charges Two Men for $389 Million Bitcoin and Crypto Money Laundering Scheme Tied to Dark Web

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 Launches Lightning Earn to Let Institutions Put Bitcoin to Work on Lightning Network

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 Backs Away From Bitcoin and Crypto Criminalization in Regulatory U-Turn

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 Inc. (NAKA) Strengthens Balance With 600 Bitcoin Sale, Refinancing, and Buyback Authorization

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.

Public Companies Added 43,557 BTC in May as SpaceX Enters Bitcoin Treasury Race

Public companies added a net 43,557 BTC worth $3.2 billion in May, led by Strategy’s continued accumulation.

Strategy (MSTR) CEO Says Bitcoin Sale Was About Market ‘Inoculation,’ Not a Retreat

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 Bitcoin Executive Says Education — Not Products — Is Wall Street’s Real Obstacle

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 Dumps $45M in Bitcoin to Wipe Out Debt, Stock Briefly Pumps Over 130%

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.

New Documentary ‘Bitcoin Season’ Charts Bitcoin’s Push Into the NBA

A new upcoming documentary, Bitcoin Season, explores how Bitcoin is gaining traction in professional basketball.
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