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Bitcoin solutions firm Matador Technologies has revealed plans to buy up to 6,000 BTC by 2027. The Canadian company currently holds 77.4 BTC valued at around $9 million and has set a near-term goal of acquiring 1,000 BTC by 2026. Matador aims to become one of the top 20 corporate Bitcoin holders globally.
The company has filed a CA$900 million ($656 million) shelf prospectus to fund its Bitcoin strategy over the next 25 months. It will use various funding tools including equity offerings Bitcoin-backed credit and strategic acquisitions. TSX Venture Exchange approved its shift to a hybrid technology and investment firm.
Matador’s compounding flywheel strategy focuses on growing Bitcoin per share creating Bitcoin-based revenue and partnering with crypto infrastructure projects. Despite the news the company’s stock dropped 4.65% on Wednesday but remains up 37% in 2025. Corporate treasuries now hold 1.15 million BTC worth $136 billion or nearly 6% of total supply.
House Republican leaders faced another setback Wednesday in their efforts to move key cryptocurrency bills, due to disagreements among GOP lawmakers.
What Happened: The faction, consisting of far-right Republicans, agreed to merge the market-structure-focused CLARITY Act with a separate bill banning a central bank digital currency, Politico reported. However, this decision has been met with resistance from committee members who fear that this merger could risk both bills.
House Speaker Mike Johnson (R-La.) had discussions with members of the Financial Services and Agriculture panels, as well as the opposing faction, the report said.
Interestingly, the roadblock comes after…
Read more on Benzinga
Boston, Massachusetts, July 16, 2025 (GLOBE NEWSWIRE) — As Bitcoin maintains momentum above $118,000 and decentralized finance sees increasing institutional support, BAY Miner is once again transforming the landscape of crypto participation. Today, the company officially launched its Zero-Fee Mining Program, a game-changing initiative allowing users worldwide to mine Bitcoin and other cryptocurrencies without incurring any service fees—ensuring users retain 100% of their crypto earnings.
This move further solidifies BAY Miner’s position as a global leader in accessible and sustainable cloud mining. Built on AI-powered optimization and green energy infrastructure, BAY Miner enables…
Read more on Benzinga
Last week I touched on the nuances and complexities of “Trustodial” systems, systems that can’t be fully categorized as non-custodial or custodial, and how this causes issues when it relates to us categorizing different tools in this space. This is not the only issue being oversimplified in general conversation as it relates to categorizing ways of using Bitcoin.
Another major factor, with its own bag of complexity and nuances, is the cost of self custody.
I laid out these two core requirements for something to be considered self-custodial in the last article:
A user has unilateral control over their funds, or the ability to regain it.
No other party (or… Read more on BitcoinMagazine
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The incentivized testnet (mainnet beta) of RISC Zero’s Boundless network went live on Base yesterday.
Boundless is not a new blockchain. Boundless is a marketplace for zero-knowledge virtual-machine (zkVM) proofs — sometimes called a proof market — that can deploy to any network and settle proofs anywhere.
Who needs it? Any chain or application that wants to process heavy computation onchain, but whose existing virtual environment is ill-suited to leverage zk technology.
Boundless lets teams do so without making radical changes to their architecture. Just like how Chainlink…
Read more on Blockworks
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Six years is certainly a long time in crypto. But Libra (later Diem) might’ve felt right at home in the current agreeable atmosphere in the US.
Back then, Meta (still Facebook) had its own blockchain subsidiary, Calibra, that was pushing to launch a new type of cryptocurrency pegged to a basket of various fiat with a floating value.
The Calibra wallet was meant to be integrated with WhatsApp and Messenger and promised to let users send money to each other with practically zero fees. Libra, the token, was also intended to be used for e-commerce on Facebook.
Libra was mostly styled as a…
Read more on Blockworks
Prominent meme coin advocate Murad Mahmudov has elaborated on his “meme coin supercycle thesis” and pointed out which meme coin he sees particularly well-suited to capture possible upside.
What Happened: On an episode of The Block podcast in July 16, Mahmudov broke down the meme coin landscape, distinguishing between two diverging trends:
“Hyper-gambling” coins that revolve around short-term, high-risk trading
“Cult” or belief coins built on strong community and long-term conviction
Murad warned that the hyper-gambling segment, powered by pro traders and AI tools, is getting more competitive and less rewarding, with hold times dropping to just 40 seconds among top…
Read more on Benzinga
With Bitcoin’s price exceeding $100,000, cryptocurrency holders face growing security risks — primarily being kidnapped or held for ransom. Alena Vranova, co-founder of SatoshiLabs and Trezor, has launched Glok, a company offering training and technology to protect Bitcoiners from these physical threats.
Rising Kidnapping Risks
In the first six months of 2025, kidnappings targeting cryptocurrency holders surpassed the total for all of 2024, according to data Glok shared with Bitcoin Magazine. Criminals have shifted from digital ransomware to physical “wrench attacks,” coercing victims to surrender wallet credentials. A notable case involved a 28-year-old Italian tourist…
Read more on BitcoinMagazine
UK-based Smarter Web Company has bought 325 more BTC for £27.15 million or $36.45 million pushing its total holdings to 1,600 BTC. The firm paid an average of £83,525 or $112,157 per bitcoin marking a major move in its crypto treasury strategy.
Now among the top 25 public bitcoin holders Smarter Web has overtaken Fold and aims to break into the top 20 soon. The company’s bitcoin is worth $190.14 million on paper showing an 11.3 percent gain with bitcoin recently hitting a new all-time high above $123,000.
CEO Andrew Webley plans to keep acquiring bitcoin after adding over 1,000 BTC in July alone. The firm offers web design and marketing services and began accepting bitcoin in 2023. It also launched the P/BYD ratio a new metric to track crypto treasury companies similar to the P/E ratio in traditional finance.