Cango Inc. has finalized the sale of its China-based operations in a $351.94 million cash deal with Ursalpha Digital Limited, marking a pivotal shift in the company’s strategic direction. This move reflects Cango’s transition from its legacy automotive financing business to becoming a pure-play global Bitcoin mining enterprise. Cango is ...
Pakistan is taking significant steps to establish a strategic Bitcoin reserve as part of a broader, state-backed initiative to integrate digital assets into its financial framework. At the Bitcoin 2025 conference in Las Vegas, Bilal Bin Saqib, head of the newly formed Pakistan Crypto Council, announced the government’s plan to ...
Mezo, a bank-free Bitcoin finance platform developed by Thesis*, has officially launched its Mainnet, unveiling the industry’s first full-stack Bitcoin economy. This groundbreaking platform enables Bitcoin holders to use their BTC as collateral to mint and spend MUSD—the first fully Bitcoin-backed stablecoin—without having to sell their assets. 🎉 Mezo mainnet ...
Starknet has unveiled a major new feature called Asset Runes, designed to give Bitcoin users direct access to tokenized assets such as USDC without leaving the Bitcoin network. Announced on May 27 via the project’s official X account, this innovation aims to bridge the gap between Bitcoin’s robust security and ...
HTX Research has released a new report analyzing Bitcoin’s market outlook in the context of evolving global macroeconomic conditions and regulatory developments. The study comes as tightening liquidity and policy changes reshape the crypto environment, offering investors strategic guidance on navigating this volatile landscape. The report points to several factors ...
Bitlayer has taken a significant step toward mainstream adoption of Bitcoin-native DeFi by securing strategic partnerships with three of the world’s largest Bitcoin mining pools. In an announcement posted on May 27 via its official X account, the company revealed new collaborations with Antpool, F2Pool, and SpiderPool—mining giants that collectively ...
Bybit has released its latest weekly crypto derivatives report in collaboration with Block Scholes, highlighting record-breaking activity across major digital assets. The report reveals that Bitcoin (BTC) reached a new all-time high (ATH) of $111,000, fueling a surge in perpetual swaps of open interest on Bybit. Overall, perpetual open interest ...
Hong Kong-based DDC Enterprise (DayDayCook), a New York-listed ready-meal company, has announced a bold strategy to acquire 5,000 Bitcoin (BTC) over the next three years. The firm kicked off this initiative with an initial purchase of 21 BTC, valued at approximately $2.28 million, by issuing 254,333 company shares. This move ...
Genius Group has restarted its Bitcoin accumulation strategy after a US court lifted a temporary ban. On May 22, the company announced it resumed purchasing Bitcoin (BTC) following a favourable ruling from the US Court of Appeals, which previously restricted its ability to expand Bitcoin holdings. With the ban lifted, ...
Sweden-based health tech company H100 Group AB saw its shares surge nearly 40% after announcing a $490,000 investment in Bitcoin, joining a growing wave of tech firms turning to digital assets to diversify corporate reserves. In a press release, the Stockholm-headquartered firm disclosed it had acquired 4.39 Bitcoin for 1,138,737 ...
