- Crunch
- Global
This is a segment from the Forward Guidance newsletter. To read full editions, subscribe.
With easier access to crypto companies proliferating, we now have another bitcoin-focused firm looking to go public…
And with a treasury strategy that’s becoming less fringe.
That would be Anthony Pompliano-led ProCap Financial, via a merger with a SPAC called Columbus Circle Capital Corp. Oh, and the company said Monday it intends to buy up to $1 billion of bitcoin for its balance sheet.
The story is becoming more common. Pompliano was the latest to voice what more are believing: Bitcoin is disrupting the legacy financial system.
ProCap Financial plans to not only acquire…
Read more on Blockworks
BNB is stepping into the spotlight as a corporate treasury asset. Former Coral Capital executives plan to raise $100 million through a Nasdaq-listed shell company to acquire BNB for Build & Build Corporation. This bold move aims to establish BNB as a serious reserve asset for public companies.
The plan is inspired by Bitcoin’s treasury strategy but faces unique hurdles. BNB was originally created as a Binance token and often linked to the exchange’s past legal troubles. Skeptics argue its price underperformance and centralized history will make investor acceptance difficult.
Despite these challenges, the trio believes they can reframe BNB’s image and attract a new wave of confidence. If successful, this could help the token overcome its past and spark greater mainstream adoption as part of the next era of crypto finance.
This is a segment from The Drop newsletter. To read full editions, subscribe.
A security flaw on CoinMarketCap’s website let an attacker briefly add a malicious pop-up onto the homepage that resulted in victims losing thousands of dollars.
The MetaMask team warned users on Friday evening against connecting their wallets to CoinMarketCap’s website because the coin tracker’s frontend had been compromised to push a wallet drainer scam.
About an hour later, CoinMarketCap confirmed that visitors to its site should not connect their wallets when prompted.
Later that evening, CMC explained that a vulnerability in a “doodle image” on its homepage “contained a link…
Read more on Blockworks
Today, The Blockchain Group (ALTBG), listed on Euronext Growth Paris and recognized as Europe’s first Bitcoin Treasury Company, has announced the acquisition of 75 additional bitcoins for approximately €6.9 million. The purchase brings the company’s total bitcoin holdings to 1,728 BTC, currently valued at around €155.8 million.
The acquisition was funded through the final completion of a €7.2 million capital increase, carried out via the Company’s wholly-owned Luxembourg subsidiary. The funding came entirely from TOBAM managed funds through an “ATM-type” equity program announced on June 17, 2025, with shares priced at an average of €4.49 each.
The press…
Read more on BitcoinMagazine
Nexus, the company building a Layer 1 blockchain for the AI era, today launched the final testnet, marking the last major milestone before mainnet later this year. More than 2.1 million users and 3.6 million nodes contributed over a 5-day period in the previous testnet.
Nexus makes it easy for anyone to contribute compute power from any device, even a laptop or phone. With just one click, users can connect at app.nexus.xyz to start earning rewards and help scale a verifiable network built for the AI economy.
By offering compute power, users strengthen the Nexus blockchain by equipping it with the speed and scalability required to support AI systems at global scale. In doing so,…
Read more on Blockworks
ECD Automotive Design, Inc. (NASDAQ: ECDA), the world’s largest Land Rover and Jaguar restoration company, has announced today the signing of a $500 million equity facility to accumulate Bitcoin as a primary reserve asset and fund corporate growth and expansion initiatives.
This strategic financing will allow ECD to build a Bitcoin treasury while increasing its presence in the digital asset economy. The company aims to position itself at the intersection of luxury automotive customization and Bitcoin wealth, targeting a growing demographic of high-net-worth individuals in the digital asset space.
As part of this initiative, ECD is launching a customer incentive: the first…
Read more on BitcoinMagazine
Liverpool, England, United Kingdom, June 23, 2025 (GLOBE NEWSWIRE) — Interest in Bitcoin mining continues to grow as the popularity of the cryptocurrency reaches new highs by 2025, but its cost and complexity to get started has deterred many. In response, CryptoMiningFirm has launched a streamlined mobile cloud mining solution that allows users around the world to remotely mine digital assets such as Bitcoin (BTC), Dogcoin (DOGE), and Litecoin (LTC) for free directly from their mobile phones, tablets, or browsers, enjoying a free mining experience that is both highly efficient and with zero barriers to entry.
This mobile-first release introduces a streamlined and fully remote mining…
Read more on Benzinga
ECD Automotive Design, a world leader in luxury Land Rover and Jaguar restoration, just announced a $500 million equity facility with ECDA Bitcoin Treasury LLC. The company aims to use these funds to buy Bitcoin for its treasury, or fuel its growth. ECD believes Bitcoin, and other digital assets, will be key to its future.
Customers who appreciate Bitcoin can now pay for bespoke builds, like Defenders and Range Rovers, using crypto. The company will also offer a $21,000 upgrade credit to the first twenty one new buyers who pay with Bitcoin in the next year. This new initiative matches ECD’s plan to draw wealthy crypto holders into its world of premium cars.
This facility empowers ECD to grow, by choosing when to sell new shares. ECD will file with the SEC before drawing on the money. The company hopes this bold strategy will attract investors, who believe in the long-term value of Bitcoin and luxury assets alike.
Today, Genesis Digital Assets Limited (GDA), one of the largest Bitcoin mining companies in the world in terms of hash rate, has announced it has entered a purchase agreement with Auradine, a Silicon Valley-based provider of blockchain and AI infrastructure solutions.
In the agreement, GDA will receive 1000 Teraflux AT2880-277 air-cooled miners, one of Auradine’s latest inventions. The Company plans to install all of them at its 40 MW data center in Glasscock County, Texas.
“GDA’s strategic priority is to combine operational excellence with long-term sustainability,” said the Executive President of GDA Abdumalik Mirakhmedov. “Auradine’s advanced mining systems offer…
Read more on BitcoinMagazine