Bitcoin Surge Boosts Metaplanet Stock 8%
@Metaplanet acquired 162 $BTC for $13.5M, boosting stock by 8% and issuing ¥2B bonds for further purchases amid market dips. #Breaking #Crypto $BTC (+9) ↗
@Metaplanet acquired 162 $BTC for $13.5M, boosting stock by 8% and issuing ¥2B bonds for further purchases amid market dips. #Breaking #Crypto $BTC (+9) ↗
@Metaplanet borrows ¥2 billion ($13.5M) to purchase more $BTC, aiming for 21,000 BTC by 2026; currently holds 2,888 BTC. #Breaking #Crypto $BTC (+8) ↗
New evidence reveals a South Korean official embezzled $342,000 in public funds for crypto investments, including flood recovery donations. The case is under High Court review. #Breaking #Legal (+9) ↗
California Attorney General Rob Bonta announced the shutdown of 42 fraudulent crypto websites, exposing a $6.5 million scam affecting victims with an average loss of $146,306 each. #Breaking #Legal (+9) ↗
The U.S. House voted 292-132 to rescind an IRS rule on DeFi platforms, citing unworkable compliance issues; the resolution now awaits Senate approval and President Trump’s signature. #Breaking #Legal (+8) ↗
Congress overturns IRS crypto rules, easing compliance burdens and boosting digital asset growth in a significant legislative move. #Breaking #Legal (+9) ↗
The California Department of Financial Protection and Innovation shut down 26 crypto scam sites, uncovering $4.6M in losses, highlighting evolving fraud tactics. #Breaking #Legal (+9) ↗
Mt. Gox transferred 11,833.6 $BTC worth approximately $931 million to new addresses, raising concerns about potential market impacts. #Breaking #Crypto $BTC (-8) ↘
Sen. Cynthia Lummis introduced the BITCOIN Act to authorize the U.S. government to purchase one million $BTC, worth $80 billion, over five years. #Breaking #Crypto $BTC (+9) ↗
Senator Cynthia Lummis reintroduces the BITCOIN Act, proposing a strategic reserve to acquire 1 million $BTC over five years, following Trump’s executive order on seized assets. #Breaking #Crypto $BTC (+8) ↗
California authorities dismantled 26 crypto scam sites, revealing $4.6M in consumer losses. DFPI and DOJ highlight rising fraud types like “pig-butchering” scams. #Breaking #Legal (+9) ↗
@Strategy seeks to raise $21B via STRK preferred shares for Bitcoin investments, offering an 8% dividend and conversion options. #Breaking #Crypto $BTC (+9) ↗
@Strategy is selling $21B in preferred stock to buy more $BTC, amid a 17% Bitcoin price drop and market correction, reinforcing its position as the largest corporate Bitcoin holder. #Breaking #Crypto $BTC (+9) ↗
President Trump plans to sign an executive order reversing Biden-era policies hindering crypto companies’ banking access, potentially impacting Federal Reserve master account policies. #Breaking #Crypto $BTC (+9) ↗