Bitcoin miner IREN Limited’s stock (NASDAQ: IREN) blasted higher today as investors priced in the company’s pivot from pure-play bitcoin miner to an integrated AI-cloud operator. 

The stock jumped into double-digit gains after two separate analyst calls put fresh conviction behind the company’s strategy, and after IREN announced a massive GPU procurement that materially changes its revenue runway.

IREN has surged 110% in the past month to $48.75, including a 16.6% jump today, and is now up more than 530% over the last six months.

Why is IREN surging?

The headline drivers are straightforward: IREN says it has doubled its AI Cloud capacity to roughly 23,000 GPUs after…

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Jiuzi Holdings, the Hangzhou-based electric vehicle charging station operator, has approved a bold new treasury policy allowing up to $1 billion in digital asset purchases. The initial allocation will target bitcoin, ethereum, and BNB, with any expansion into other tokens requiring additional board approval. Shares of Jiuzi (JZXN) surged more than 40% in premarket trading after the announcement.

The company confirmed it will not self-custody assets, opting instead for top-tier external providers. Oversight will come from a newly established Crypto Asset Risk Committee, led by CFO Huijie Gao, with reporting obligations to both the board and the public through SEC filings. Dr. Doug Buerger, newly appointed COO and a veteran in blockchain and AI, will lead the initiative, describing crypto as a long-term hedge against economic uncertainty rather than a speculative play.

CEO Tao Li emphasized that the move is aimed at protecting and enhancing shareholder value. With this allocation, Jiuzi positions itself among mid-sized corporate treasury holders, signaling growing confidence in digital assets as part of mainstream financial strategy.

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Global investment powerhouse Franklin Templeton, managing over $1.6 trillion in assets, has announced the expansion of its Benji Technology Platform to BNB Chain. The move strengthens the firm’s mission to bring traditional funds on-chain, enabling mutual fund shares to be represented by BENJI tokens across networks like Ethereum, Avalanche, Stellar, Polygon, and now BNB Chain.

Roger Bayston, head of digital assets at Franklin Templeton, emphasized that the integration reflects the company’s strategy to broaden investor access while prioritizing compliance and security. He highlighted that the collaboration with BNB Chain aims to unlock new opportunities in tokenized assets, offering enhanced features for both retail and institutional clients worldwide.

BNB Chain has become a growing hub for tokenized financial products, praised for its fast settlement, low transaction fees, and strong compliance tools. Sarah Song, BNB Chain’s Head of Business Development, noted that Franklin’s expansion underscores the network’s ability to support regulated, large-scale tokenized investments. Franklin Templeton’s blockchain journey began in 2021 with the launch of its OnChain U.S. Government Money Fund, now valued at over $730 million.

stBTC Launch: A New Bitcoin Yield Standard

Botanix Labs, a Bitcoin Layer Two with EVM capabilities, recently launched stBTC, a one-to-one backed bitcoin asset that redistributes transaction fees on the network to holders as yield. Users can stake bitcoin and earn additional bitcoin without inflationary token emissions, points programs or mandatory lockups.

Botanix, founded in 2023 at Harvard by Willem Schroé, operates as a Bitcoin Layer Two protocol or sidechain similar to the Liquid Network and Rootstock — but with some novel differences, including the use of more modern scripting tools in Bitcoin, the sharing of network fee revenue with stakeholders and a federation of 16 node…

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Jiuzi Holdings is moving into the crypto space with a massive $1 billion investment policy. 

The company announced Wednesday that its board has formally approved a ‘Crypto Asset Investment Policy,’ authorizing up to $1 billion of cash reserves to be deployed into cryptocurrencies under a structured risk framework.

The company said the new policy comes with strict guardrails. The board has capped potential purchases at $1 billion and, at least initially, will limit allocations to Bitcoin and other crypto.

Any expansion into other digital assets would require additional board approval. The company also stressed it will not self-custody its holdings, instead relying on…

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The Bitcoin price has been trapped in the same range since early July while equities, gold, real estate, and commodities like silver have all pushed to new highs. The question is why Bitcoin is lagging while nearly every other major asset is rallying.

Whale Activity Signals Bitcoin Price Distribution Pressure

On-chain data shows that whales holding more than one hundred bitcoin have recently begun transferring large amounts after years of inactivity. These movements have historically lined up with cycle tops or periods of heightened BTC volatility. This suggests that some of Bitcoin’s longest-term holders are realizing profits or rotating positions.

The current wave of transfers is…

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Global crypto wealth is booming, with the number of cryptocurrency millionaires soaring 40% to 241,700 over the past year, according to Henley & Partners’ latest Crypto Wealth Report. Bitcoin was the standout, driving much of the growth with a 70% jump in BTC millionaires to 145,100, while the count of Bitcoin billionaires climbed to 17. The report notes that institutional adoption and heavy inflows into U.S.-based spot Bitcoin and Ether ETFs played a central role in fueling this surge.

The wider market reflected the same momentum, as total crypto valuations crossed $3.3 trillion by mid-2025. Ultra-wealthy Bitcoin holders, including centimillionaires with over $100 million, surged 63% to 254. Advisory firms, hedge funds, and private equity players also deepened exposure, with spot ETH ETF inflows quadrupling to $13.4 billion this year alone.

Crypto adoption hubs continue to shift, with the U.S., Singapore, and Hong Kong leading the way, alongside Switzerland and the UAE. Smaller nations like El Salvador and Uruguay are also gaining traction by pushing favorable policies for digital asset investors.

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