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NEWS

Strive ($ASST) Uses SATA Shares to Pay Off Bulk of Semler Debt, Adds Bitcoin to Balance Sheet

Micah Zimmerman -
Strive raised $225 million in an oversubscribed preferred stock offering to pay down Semler-related debt and buy more bitcoin.
NEWS

Steak ’n Shake Adds $5 Million in Bitcoin Exposure, Deepening Bitcoin Commitment 

Micah Zimmerman -
Steak ’n Shake said it increased its Bitcoin exposure by an additional $5 million in notional value today.
NEWS

South Dakota Proposes Bill Allowing State to Invest in Bitcoin

Micah Zimmerman -
South Dakota lawmakers are considering a proposal that would permit the state to invest public funds in Bitcoin. 
NEWS

US Government Investigating Alleged $40 Million Crypto Theft by Federal Contractor’s Son

Micah Zimmerman -
U.S. government officials said they are investigating allegations that tens of millions of dollars in crypto seized by law enforcement were stolen through insider access.
NEWS

39% of U.S. Merchants Now Accept Crypto, PayPal Survey Finds

Micah Zimmerman -
Nearly 40% of U.S. merchants now accept crypto, and most expect it to be standard within five years.
NEWS

Trump Family-Backed American Bitcoin ($ABTC) Buys More Bitcoin, Holdings Reach 5,843 BTC

Micah Zimmerman -
American Bitcoin, a Trump-family-backed miner, has grown its bitcoin holdings to about 5,843 BTC, making it one of the largest corporate holders.
NEWS

Tether Launches USAT, a Federally Regulated, Dollar-Backed Stablecoin for the U.S. Market

Micah Zimmerman -
One of the largest private holders of bitcoin, Tether, has formally entered the U.S. regulated stablecoin market with the launch of USA₮, a dollar-backed token issued under America’s new federal stablecoin framework.
NEWS

Citrea Launches Mainnet, Bringing Lending, Trading, and USD Settlement to Bitcoin

Micah Zimmerman -
Citrea is launching its mainnet in hopes to unlock lending, trading, and other capital market activity directly on the Bitcoin network.
NEWS

Peter Schiff Says Bitcoin Won’t Become the World’s Reserve Currency in Tucker Carlson Interview

Micah Zimmerman -
Gold advocate and longtime Bitcoin critic Peter Schiff said that the crypto industry is pushing for government regulation and bailouts not to self-restrain, but to gain public legitimacy.
NEWS

Rhode Island Reintroduces Bill to Study Blockchain and Cryptocurrency

Micah Zimmerman -
Rhode Island lawmakers reintroduced a bill to study blockchain and work on crypto innovation. Earlier this month, Rhode Island introduced a bill to temporarily exempt small Bitcoin transactions from state taxes.
NEWS

Colombia’s Second-Largest Pension to Launch Bitcoin Fund for Qualified Clients

Micah Zimmerman -
Colombia’s AFP Protección will offer Bitcoin funds to qualified clients in an effort to increase portfolio diversification.
FEATURED

U.S. Bitcoin Custody Concerns Rise After Alleged Insider Stole $40 Million In Digital Assets

Micah Zimmerman -
Allegations that an insider connected to a U.S. Marshals Service crypto contractor siphoned more than $40 million from government-linked wallets have raised fresh concerns over how the federal government safeguards seized bitcoin and other digital assets.
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