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Bitcoin Archive· 2025-07-17 13:52
JUST IN: Volcan Inc has initiated a Bitcoin Treasury Strategy, funded by a $500m stock saleCorporate Bitcoin adoption continues to accelerate 🔥 https://t.co/cKqp7JC6sW ...
135 Public Companies That Hold Bitcoin — And Why It Matters
Schaeffers Investment Research· 2025-07-15 16:10
A sector-by-sector look at the public companies holding over 657,000 BTCSince the historic institutional pivot of 2020, Bitcoin has steadily made its way from fringe asset to mainstream corporate treasury tool. What started with bold moves by MicroStrategy and Tesla has now evolved into a growing list of public companies — spanning industries from crypto mining and fintech to healthcare and retail — that hold Bitcoin on their balance sheets.As of mid-2025, 135 publicly traded companies collectively hold ove ...
Bitcoin Hits New Highs: 6 Reasons Why the ETF Rally Could Continue
ZACKS· 2025-07-11 12:16
Group 1: Bitcoin Market Performance - Bitcoin reached a new all-time high of over $117,000 on July 11, 2025, driven by bullish momentum in risk assets and its correlation with tech stocks like NVIDIA, which recently achieved a $4 trillion valuation [1] - The iShares Bitcoin Trust ETF (IBIT) has increased by 15% this year, with a 4.3% gain in the past month, benefiting from favorable policy signals and tightening supply [2] - Bitcoin's recent performance is seen as a pressure release rather than a full-scale bull run, maintaining a tight $10,000 range over the past two months before the breakout [3] Group 2: Regulatory Environment and Institutional Adoption - Bitcoin's breakout coincides with Congress's "Crypto Week," where key regulations, including the GENIUS Act for a federal stablecoin framework, will be debated [4] - Positive outcomes from regulatory discussions may enhance institutional inflows into Bitcoin, with shares of Circle CRCL rising over 500% since their IPO [5] - Corporate adoption of Bitcoin is expanding, with companies like GameStop and Goldman Sachs increasing their Bitcoin ETF holdings, enhancing institutional credibility [8] Group 3: Bitcoin as an Inflation Hedge - Bitcoin is viewed as a hedge against inflation due to its fixed supply cap of 21 million coins, which may help it retain value amid increasing fiat issuance and potential global inflation from tariffs [7] - Bitcoin has gained 26.4% this year, outperforming the SPDR S&P 500 ETF Trust (SPY), which gained 7%, showcasing its strength amid market uncertainties [6] Group 4: Interest Rate Outlook - Potential rate cuts later this year could favor risk-on assets like Bitcoin, as lower rates reduce the opportunity cost of holding non-yielding assets [9][10] Group 5: Bitcoin Miners and AI Infrastructure - Bitcoin miners are pivoting to AI infrastructure, leveraging their data centers for more profitable ventures compared to traditional Bitcoin mining [12] - Companies like Bitfarms are well-positioned to meet the rising energy and space demands of AI computing, given their experience in building large facilities [13] Group 6: Investment Products for Risk-Averse Investors - New Bitcoin buffer ETFs have been launched to make Bitcoin more accessible to risk-averse investors, providing downside protection amid volatility [14][15]
LQWD Announces Closing of Brokered Portion of Financing for Gross Proceeds of C$10 Million
Newsfile· 2025-07-10 20:23
Core Viewpoint - LQWD Technologies Corp. has successfully closed a brokered private placement offering, raising approximately C$10 million (or US$7.317 million) through the sale of 2,439,024 common shares at C$4.10 (or US$3.00) per share [1]. Group 1: Offering Details - The brokered offering was managed by Maxim Group LLC, which received a cash commission of US$512,195, representing 7% of the total gross proceeds [2]. - A concurrent non-brokered offering is expected to raise an additional C$2.3 million (or approximately US$1.683 million), anticipated to close around July 11, 2025 [3]. - Both offerings are subject to final approval from the TSX Venture Exchange (TSXV) and were conducted under specific exemptions from registration requirements [4]. Group 2: Use of Proceeds - The net proceeds from the offerings will be utilized for acquiring Bitcoin to support the company's scalable Lightning Network services and for general corporate purposes [5]. Group 3: Company Overview - LQWD Technologies Corp. is focused on advancing Bitcoin adoption through the Lightning Network, which facilitates instant, low-cost transactions [7]. - The company operates a network of enterprise-grade nodes designed to generate transaction fees and enhance network liquidity, providing investors with exposure to Bitcoin's long-term appreciation and the growing use of Lightning as a payment solution [8].
askARK What Would Be The Biggest Catalyst For Bitcoin Adoption?
ARK Invest· 2025-07-09 14:46
What would be the biggest catalyst for Bitcoin adoption by individuals. The way I kind of like to think about this is a lot of people would say something like Bitcoin becoming legal tender in the US or hyper bitcoinization. But the biggest driver in my opinion would be something of a financial crisis or something that forces people to look for assets outside the fiat system.If you think of the origin of Bitcoin in the Genesis block, Satoshi embedded a message that was referencing an article from the Times a ...
LQWD Announces Upsized Financing with Amended Terms of Up to C$12.3 Million
Globenewswire· 2025-07-09 03:58
Core Viewpoint - LQWD Technologies Corp. has increased its private placement offering to C$12.3 million (US$9 million) due to heightened demand from strategic investors and existing shareholders, with shares priced at C$4.10 (US$3.00) each [1] Group 1: Offering Details - The Offering consists of a brokered and a non-brokered private placement, with Maxim Group LLC acting as the sole agent and book runner for the brokered portion [2][1] - The Offering is being conducted under National Instrument 45-106 and is available to purchasers in Canada, excluding Québec [3] - The expected closing dates for the Brokered Offering and Non-Brokered Offering are July 10, 2025, and July 11, 2025, respectively, subject to regulatory approvals [6] Group 2: Use of Proceeds - The net proceeds from the Offering will be utilized for acquiring Bitcoin as an operating asset for the Company's Lightning Network services and for general corporate purposes [5] Group 3: Company Overview - LQWD Technologies Corp. is focused on advancing Bitcoin adoption through the Lightning Network, which facilitates instant, low-cost transactions [10] - The Company operates a network of enterprise-grade nodes designed to earn transaction fees and enhance network liquidity, providing investors with exposure to Bitcoin's long-term appreciation and the growing use of Lightning for global payments [11]
X @Cointelegraph
Cointelegraph· 2025-06-27 08:30
🔥 BULLISH: Corporate Bitcoin adoption is accelerating rapidly with 134 corporations now holding $BTC, nearly doubling from 2024. https://t.co/dEkUDxGVss ...
KULR Joins "Bitcoin for Corporations" Initiative Led by Strategy™ and Bitcoin Magazine
Globenewswire· 2025-06-09 12:30
Adds 118 BTC to Bitcoin Treasury bringing total to 920 BTCHOUSTON, June 09, 2025 (GLOBE NEWSWIRE) -- KULR Technology Group, Inc. (NYSE American: KULR) (the "Company" or "KULR"), a Bitcoin First Company and global leader in sustainable energy management, is pleased to announce that it has joined the "Bitcoin for Corporations" (“BFC”) initiative, a prominent platform launched by Strategy™ and Bitcoin Magazine focused on accelerating Bitcoin’s institutional adoption. This high-profile initiative is designed to ...
Bitcoin Depot (BTM) - 2025 Q1 - Earnings Call Transcript
2025-05-15 15:00
Financial Data and Key Metrics Changes - Bitcoin Depot reported a 19% year-over-year revenue growth, reaching $164,200,000 compared to $138,500,000 in the same quarter last year [12] - Record net income of $12,200,000 was achieved, a significant increase from a net loss of $4,200,000 in the previous year [14] - Adjusted EBITDA increased by 315% to $20,300,000 compared to $4,900,000 in the first quarter of the previous year [14] - Cash from operating activities reached a record $16,300,000, up from $1,300,000 in the year-ago quarter [16] Business Line Data and Key Metrics Changes - The adjusted gross profit for Q1 increased by 92% year-over-year to $33,100,000 [13] - Median transaction size rose by 46% year-over-year to $300, contributing to total transaction volume of $163,800,000 [4] Market Data and Key Metrics Changes - The company ended Q1 with approximately 8,483 active machines and expects continued growth in kiosks for the remainder of the year [5] - Australia has been identified as a significant market for expansion, with over 100 kiosks deployed and a strong potential for Bitcoin adoption [7] Company Strategy and Development Direction - The company is focused on international expansion, with plans to enter at least two additional countries in 2025 [8] - Regulatory expansion into new markets is a priority, with ongoing discussions in New York State for potential operations in 2025 [9] - The company aims to optimize its business for profitability and positive cash flow, with a focus on operational enhancements [19] Management's Comments on Operating Environment and Future Outlook - Management noted that the business is experiencing seasonality, particularly correlated with tax return season, which may affect revenue growth [33] - The company remains optimistic about its growth strategy and the evolving regulatory environment, which is seen as a competitive advantage [10] Other Important Information - The leadership team has been strengthened with the appointment of a new CFO and an officer with expertise in legal and regulatory matters [11] - The company plans to focus on capital allocation strategies, including debt repayment and potential dividends, without significant capital expenditures expected in 2025 [18] Q&A Session Summary Question: Year-end kiosk goals for 2025 and 2026 - Management has not publicly announced specific kiosk goals but aims to install remaining kiosks as soon as possible, with a focus on international expansion [21][22] Question: Incremental revenue lift from kiosks installed less than a year - Management indicated that kiosks typically see at least 50% growth in revenue in their second year compared to the first [25] Question: Capital management priorities for the rest of the year - The company plans to be opportunistic with Bitcoin purchases and is focused on paying down debt, with no significant M&A opportunities anticipated in the near term [30][32] Question: Factors causing deceleration in revenue growth for Q2 - Management noted seasonality in the business and a shift in volume towards Q1 due to earlier tax refunds [33] Question: Increase in BDN transactions - The increase is attributed to the transaction tiers for KYC, with a significant number of transactions occurring at the $200 level [38] Question: Transaction count growth by cohort - Mature kiosks are seeing transaction counts in the mid double-digit range, with variability based on location [40] Question: Trends in California post-regulatory changes - California's performance remains lower than other states due to previous rule changes, with a significant reduction in kiosk count [46] Question: Drivers behind gross margin expansion - Margin expansion was driven by pricing strength and leveraging higher revenue across fixed costs [50] Question: Opportunities for acquiring more kiosks - The competitive landscape is shrinking, with potential opportunities to acquire kiosks from struggling smaller operators [52]
Grayscale Launches Grayscale® Bitcoin Adopters ETF (Ticker: BCOR)
Globenewswire· 2025-04-30 13:00
Newest ETF from Grayscale Invests in Firms That Have Adopted Bitcoin as a Treasury Reserve AssetSTAMFORD, Conn., April 30, 2025 (GLOBE NEWSWIRE) -- Grayscale, the world’s largest crypto-native asset manager, today announced the launch of Grayscale® Bitcoin Adopters ETF (Ticker: BCOR) (the “Fund”). Grayscale® Bitcoin Adopters ETF is Grayscale’s newest exchange-traded product offering investors exposure to companies that have adopted Bitcoin as a treasury reserve asset. The Fund specifically invests in compan ...