Bitcoin has soared to a new all-time high, surpassing $118,000 for the first time in its history, reaching a milestone in its meteoric rise. The explosive rally was driven by renewed institutional demand, robust spot Bitcoin ETF inflows and growing optimism surrounding global crypto adoption. The rally also reflects broader investor appetite for alternative assets amid a shifting macroeconomic landscape.The surge comes amid persistent global economic and geopolitical uncertainty, signaling a growing percept ...

LOS ANGELES, July 7, 2025 /PRNewswire/ -- Thumzup Media Corporation ("Thumzup" or the "Company") (Nasdaq: TZUP), a digital asset accumulator and advertising industry disruptor, today announced it has closed its previously announced registered direct offering with investors for the sale and purchase of 108,333 shares of Series C Convertible Preferred Stock (the "Series C") convertible into an aggregate of 1,083,333 shares of common stock, at a purchase price of $60.00 per share of Series C (functional equiva ...

BitMine Immersion Technologies (BMNR 130.77%) stock posted another day of explosive gains in Thursday's trading -- ending the session up 130.8%. The company's share price is up roughly 2,450% over the last week. News that Wall Street strategist Tom Lee is joining Bitmine in a push to make Ethereum's Ether token central to Bitmine's crypto holdings has helped kick off a massive rally for the stock. In conjunction with the company naming Lee as chairman of its board of directors, the company announced that it ...

Most people under 35 should generally be 100% invested in crypto.No equities.No bonds.No t bills.No fixed deposits.No savings accounts.You’ll likely have 20-30 years of income ahead and can get more conservative over time.But if you can’t stomach 60-80% drops and are likely to panic sell, then go more conservative. ...

Michael Saylor, the tech entrepreneur who founded the enterprise software provider Strategy (formerly known as MicroStrategy), has a net worth estimated at $9.3 billion. In the past few years, his focus has shifted to Bitcoin, the world's most valuable cryptocurrency. Saylor's business is now accumulating huge amounts of the digital asset.Based on his view that Bitcoin could skyrocket to $13 million per unit by 2045, Saylor is also implying that this popular exchange-traded fund (ETF), sponsored by giant as ...

Core Viewpoint - MicroStrategy, now rebranded as Strategy, has seen significant stock price increases largely due to its bullish stance on Bitcoin and substantial holdings of the cryptocurrency [1][5]. Group 1: Company Position on Bitcoin - Strategy is the largest corporate holder of Bitcoin, with 582,000 Bitcoins as of June 9 [4]. - The company plans to raise up to $42 billion over three years to increase its Bitcoin holdings through debt and equity [4]. - The stock has risen over 3,000% in five years, while Bitcoin has increased by approximately 970% [5]. Group 2: Financial Implications of Bitcoin Holdings - Strategy's average cost for Bitcoin purchases is around $70,000, and it has bought Bitcoins even when prices exceeded $100,000 [6]. - The company has burned through over $84 million in operational cash flow in the past year, with total cash outflow exceeding $28 billion when including Bitcoin investments [8]. Group 3: Investor Considerations - Ongoing capital raises may dilute existing shareholders, creating a cycle of stock offerings and Bitcoin purchases [7]. - Investors might find it more beneficial to invest directly in Bitcoin rather than through Strategy, especially as more companies enter the Bitcoin market [9]. - The current valuation of Strategy exceeds $100 billion, raising concerns about the sustainability of its stock performance without stronger fundamentals [10].

Core Insights - Virtune has completed its monthly rebalancing for the Virtune Crypto Top 10 Index ETP, which is listed on Nasdaq Stockholm in both SEK and EUR denominations [1] - The rebalancing aims to ensure that the ETP reflects current market conditions and absorbs volatility in the crypto market [4] Product Portfolio - Virtune's product offerings include various ETPs such as Virtune Bitcoin ETP, Virtune Stellar ETP, and Virtune Crypto Altcoin Index ETP among others [2] - The Virtune Crypto Top 10 Index ETP includes up to 10 leading crypto assets based on market capitalization, with a maximum weight of 40% per asset to promote diversification [5] Index Allocation Changes - As of May 30, the index allocation before rebalancing was: Bitcoin 37.93%, Ethereum 33.67%, Ripple 13.66%, Solana 8.94%, Cardano 2.66%, Chainlink 1.01%, Avalanche 0.97%, Litecoin 0.73%, Uniswap 0.44% [2] - After rebalancing, the new allocation is: Bitcoin 40.00%, Ethereum 30.56%, XRP 14.00%, Solana 8.83%, Cardano 2.63%, Chainlink 1.04%, Avalanche 0.95%, Stellar 0.90%, Litecoin 0.73%, Uniswap 0.37% [3] Performance Metrics - The Virtune Crypto Top 10 Index ETP achieved a performance of +14.58% for May [3] - Notable performances in May included Ethereum with +41.1%, Uniswap +15%, Bitcoin +11.1%, Solana +6.11%, and Litecoin +4.29% [4][5] Company Overview - Virtune is a regulated Swedish digital asset manager and issuer of crypto exchange-traded products on regulated European exchanges [7] - The company aims to empower global investors with innovative investment products aligned with the evolving crypto market landscape [7]

The Company will continue to monitor market conditions and may increase or decrease its holdings of Bitcoin (BTC) or other cryptocurrencies as it deems appropriate. TORONTO, June 10, 2025 (GLOBE NEWSWIRE) -- Quantum BioPharma Ltd. (NASDAQ: QNTM) (CSE: QNTM) (FRA: 0K91) ("Quantum BioPharma" or the "Company"), is pleased to announce that after receiving approval from the Board of Directors, the Company has purchased additional Bitcoin (BTC) and other cryptocurrencies as part of its strategic efforts. This bri ...

金十数据6月9日讯，日本比特币投资公司Metaplanet计划筹集约54亿美元并增加规模已达10亿美元的比 特币储备，该公司股价周一大幅上涨。Metaplanet周五宣布了一项股票收购权计划，据称这是日本资本 市场历史上规模最大的一项计划。Metaplanet预计，到2027年底该公司将积累21万枚比特币，是目前持 有的8888枚的数倍。Metaplanet周一上午在东京上涨了22%，自2024年初转向加密货币以来，该公司股 价波动剧烈。 日本比特币投资公司Metaplanet推出54亿美元融资计划 股价飙升22% ...

GameStop's stock rose by more than 3% in premarket trading to over $36, following an earlier announcement the retailer purchased 4,710 bitcoins valued at just over $513 million as of bitcoin's price of roughly $109,000 Wednesday morning. The video game retailer previously said it would add bitcoin as a "treasury reserve asset." Shares of GameStop popped in early trading Wednesday, after the video game retailer and meme stock announced a $513 million purchase of bitcoin, which has surged to new record highs ...