Peter Thiel And Cathie Wood Just Boarded Tom Lee’s Ether Rocket – BitMine Immersion Techs (AMEX:BMNR)

A little-known crypto microcap is suddenly attracting some very big names. Bitmine Immersion Technologies Inc BMNR, a modular crypto miner previously flying under the radar, has become the latest magnet for bold bets from Peter Thiel, Cathie Wood, and Tom Lee.

That conviction seems to be resonating with the market. BMNR has surged 279.75% over the past year, is up 465.29% year-to-date, and a staggering 799.32% in just the past month—turning what was once an obscure microcap into one of the hottest tickets in crypto infrastructure.

The twist? This isn’t a traditional Bitcoin BTC/USD mining story—it’s a bet on Ethereum ETH/USD.

Wall Street Royalty Makes Its Move

Through his Founders Fund,…

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LATEST: Genius Group Boosts Bitcoin Treasury To 200, Accelerates GENIUS Act Plans

Singapore-based edtech firm Genius Group has boosted its Bitcoin treasury to 200 BTC after buying 20 BTC last week. The AI-driven company aims to build a massive 10,000 BTC reserve within two years. The latest purchase follows a steady buying streak in July, including 20 BTC on July 2, 28 BTC on July 8, and 32 BTC on July 13. Genius Group acquired the new Bitcoin at an average price of $106,812 per BTC, up to 12% lower than the market rate, locking in an immediate profit of $216,000.

The company plans to grow its Bitcoin holdings to 1,000 BTC by the end of 2025. It also intends to leverage the newly passed GENIUS Act in the US to expand its blockchain-based education platform, Genius Academy. Students earn Genius Education Merits, or GEMs, which may later convert into a stablecoin if the company secures a permitted payment stablecoin issuer license.

Genius Group is also working toward a digital asset service provider license. The goal is to make its blockchain credentials legally recognized and enable educators and mentors to receive stablecoin payments directly to digital wallets.

Source

NEW: Electric Car Maker Volcon Secures $500M For Bitcoin Holdings

Electric vehicle maker Volcon has raised over $500 million through a private placement, marking a bold move into the crypto space. The Nasdaq-listed company is committing 95% of the proceeds to a new bitcoin treasury strategy, partnering with crypto exchange Gemini for custody and strategic support.

The funding round attracted major crypto venture firms, including FalconX, Pantera Capital, Borderless, and Relayer Capital. Traditional finance investors, along with Volcon’s management team and board of directors, also participated. Volcon has already begun acquiring bitcoin and currently holds 280.14 BTC in its custodial accounts at Gemini.

Volcon plans to rebrand as Empery Digital in the coming weeks, trading under the new ticker EMPD. Its powersports division will be renamed Empery Mobility. The company aims to build a trusted global bitcoin treasury strategy, offering investors exposure to crypto through listings on multiple trading markets.

Source

Chamath Palihapitiya ‘Excited’ About Coinbase’s Upcoming Crypto Credit Card That Promises Bitcoin Rewards – American Express (NYSE:AXP)

Venture capitalist and vocal cryptocurrency advocate Chamath Palihapitiya expressed excitement Monday on receiving a rare commemorative cryptocurrency credit card from Coinbase Global Inc. COIN

What happened: Palihapitiya took to X, flaunting a special edition Coinbase One Card, which is engraved with Bitcoin’s BTC/USD Genesis block mined by the enigmatic Satoshi Nakamoto.

“Excited to get my own in the fall, which comes with 4% back via Bitcoin. Long live BTC!,” Palihapitiya said.

See Also: Coinbase Global Stock Hit A New 52-Week High Today: What’s Going On?

Why It Matters: The card, set to launch in the fall of 2025, is powered by payments giant American Express Co. AXP and promises up to…

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LATEST: Wall Street Giant JP Morgan Explores Bitcoin-Backed Loans For Its Clients

JPMorgan Chase is planning to offer loans backed by customers’ cryptocurrency holdings, marking a major step toward crypto adoption by traditional banks. According to the Financial Times, the bank is considering allowing clients to borrow against assets like bitcoin and ether as early as next year. While the plan is still in development, it shows a growing interest in digital assets on Wall Street.

The bank has already taken early steps in the sector, including discussions around lending against crypto exchange-traded funds. This would allow clients to access cash without selling their crypto, a service increasingly in demand. Though details remain under review, the move suggests a deeper commitment to crypto services.

JPMorgan CEO Jamie Dimon has often criticized bitcoin, but in May, he acknowledged the bank would help clients access it. While JPMorgan does not plan to offer custody services, it is now signaling a more open stance on crypto, potentially reshaping the relationship between traditional finance and digital assets.

Financial Times

LATEST: Remittance Giant Western Union Eyes Stablecoin Integration In Digital Wallet Plans

Western Union is embracing stablecoins as a major innovation in the financial space, as confirmed by CEO Devin McGranahan during a Bloomberg interview. The company is reshaping its infrastructure and building global partnerships to integrate stablecoin technology into its payment systems. McGranahan highlighted stablecoins as a tool to improve cross-border money transfers, convert digital assets into local currency, and offer customers a secure store of value.

The company is already rolling out new settlement processes in South America and Africa, aiming to reduce transaction times and improve currency conversion. Western Union is also working on ways to allow customers to buy and sell stablecoins using its platform. These steps mark a shift, as traditional financial firms adapt to meet the growing demand for digital asset services around the world.

Western Union is exploring digital wallet features and building partnerships with crypto infrastructure firms to bring stablecoin access to a global audience. Stablecoins are reshaping cross-border payments, offering faster and cheaper solutions compared to legacy systems.

Interview

A New Era For Real Estate

Grupo Murano, a $1 billion real estate firm based in Mexico, is pioneering a bold strategy to integrate bitcoin into its operations, with CEO Elías Sacal arguing that bitcoin is “demonetizing” the real estate industry. By shifting from traditional asset-heavy models to a bitcoin-centric treasury, the publicly traded company aims to optimize its finances and capitalize on bitcoin’s potential appreciation, offering a model for businesses navigating volatile interest rates and currencies.

In an exclusive interview on the Bitcoin for Corporations show, Sacal, a 30-year veteran of real estate development, outlined Grupo Murano’s vision. The firm, which manages hotels under…

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Trader Who Called Bitcoin, Ethereum, Solana Bottom In April Now Warns Local Top Likely In August

A pseudonymous trader that accurately predicted the local bottom on major cryptocurrencies in April is now warning that August may see a local top for the crypto market.

On July 18, Nachi revisited his April call, emphasizing that the ideal time to go aggressive was then, not now.

He warns that the market is in a late bullish stage, and traders should be cautious with leverage going forward.

CryptocurrencyTickerCurrent PricePrice As Of April 22BitcoinBTC/USD$117,917.54$90,721EthereumETH/USD$3,783.80$1,693SolanaSOL/USD$195.49$144SuiSUI/USD$3.99$2.46HyperliquidHYPE/USD$46.11$18.83

Also Read: Bitcoin Holds Steady, Ethereum, Solana, Dogecoin Lead Monday Rally

What’s Next: Nachi’s original thesis…

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LATEST: Swedish Company H100 Buys 140.25 Bitcoin, Now Holds 510.28 BTC

H100 Group has made a bold move in support of Bitcoin, purchasing an additional 140.25 BTC at an average price of SEK 1,169,277 per BTC. This latest acquisition brings the company’s total Bitcoin holdings to 510.28 BTC, reflecting its strong commitment to a long-term crypto treasury strategy. The purchase, worth SEK 163,993,486, was funded through proceeds from the company’s convertible loan agreements.

The decision highlights growing institutional confidence in Bitcoin as a digital store of value. H100 Group views Bitcoin as a strategic reserve asset, aiming to strengthen its balance sheet while embracing innovation in financial management. The company’s move aligns with a broader trend of corporate adoption of crypto assets.

H100 Group, a tech-driven health and longevity company, uses AI-powered tools to support providers in delivering better health services. With this bold investment, the company is not only focused on health innovation but also actively participating in the future of decentralized finance and digital asset growth.

Bitcoin is still money, 8 years on from the Blocksize War

This is a segment from the Supply Shock newsletter. To read full editions, subscribe.

Today’s topic is a touchy subject for anyone who’s been in Bitcoin for the past decade.

Eight years ago exactly, a key voting threshold was met that would lead to the official adoption of Segregated Witness (SegWit), a backwards-compatible scaling upgrade that had been in the pipeline since late 2015.

SegWit would make it technically possible to fit up to 4MB of transaction data within Bitcoin blocks by separating out related witness data into a different construct. A neat workaround to spiritually stretch the block-size limit beyond the Satoshi-imposed 1MB.

Miners had been required…

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