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…

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Strategy has purchased an additional 245 Bitcoin for approximately $26 million, continuing its steady accumulation strategy despite recent market volatility triggered by geopolitical tensions.

According to an SEC filing on June 23, the company acquired Bitcoin at an average price of $105,856 per coin during the week ending June 22. The purchase brings Strategy’s total holdings to 592,345 BTC, with an aggregate cost basis of $41.87 billion at an average price of $70,681 per coin.

The acquisition was funded through Strategy’s at-the-market (ATM) equity offering program, selling 166,566 shares of STRK preferred stock for $17 million and 84,354 shares of STRF preferred…

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Strategy, the prominent crypto-focused company led by Michael Saylor, has made waves by acquiring 245 more Bitcoin, signaling strong confidence in the future of digital assets. The company invested approximately $26 million at an average price of $105,856 per coin.

This purchase bolsters Strategy’s total Bitcoin holdings to a remarkable 592,345 BTC. The company’s Bitcoin stash was purchased at an average price of around $70,681 per coin and reflects a strategic commitment to long-term growth in the crypto space.

Strategy’s recent move is a bold reminder that serious players remain invested in Bitcoin despite market fluctuations. This action reinforces the belief that Bitcoin will continue to rise in value as mainstream adoption grows worldwide.

Sequans Communications S.A. (NYSE: SQNS) is betting big on bitcoin with a new treasury initiative. The company will issue approximately $384 million in equity and convertible secured debentures to support the plan, signaling its strong belief in bitcoin as a long-term strategic asset.

Chief Executive Georges Karam said bitcoin enhances financial strength and offers substantial value for shareholders. Sequans will work closely with Swan Bitcoin to implement its bitcoin strategy and manage its treasury effectively.

Despite this bold move, Sequans remains committed to its core business of 4G and 5G IoT semiconductors. It continues to invest in next-generation cellular IoT solutions as it integrates bitcoin into its treasury operations, expanding its financial playbook without losing focus on innovation and customer needs.

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Metaplanet has purchased an additional 1,111 Bitcoin for approximately ¥17.2 billion ($118.2 million), expanding its Bitcoin holdings amid growing corporate adoption of Bitcoin as treasury reserves.

According to a company filing on June 23, the Tokyo-listed firm acquired the Bitcoin at an average price of ¥15.5 million ($106,408) per coin. The purchase brings Metaplanet’s total holdings to 11,111 BTC, with an aggregate cost basis of ¥156.4 billion ($1.07 billion) at an average purchase price of ¥14.1 million ($95,869) per coin.

Corporate Bitcoin accumulation continues to accelerate globally. From Strategy’s 592,100 BTC to the Metaplanet’s 11,111 BTC, we’re seeing…

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Metaplanet announced on Monday it has acquired 1,111 BTC as Bitcoin’s price dipped below $99K. The purchase shows the company’s strong belief in Bitcoin’s future despite global tensions and US Fed policies. The company remains focused on increasing its crypto holdings as part of its long-term strategy.

The latest $118.2 million BTC purchase brings Metaplanet’s total to 11,111 BTC making it the 8th-largest corporate Bitcoin holder just behind Tesla. The company’s quarter-to-date BTC yield now stands at 107.9% reflecting its bold position in the crypto space. CEO Simon Gerovich shared the news on X expressing confidence in Bitcoin’s growth potential.

Metaplanet previously purchased 1,112 BTC on June 16 to reach 10,000 BTC ahead of its target. The company plans to raise more funds through $210 million in bonds to buy more Bitcoin. Metaplanet aims to hold 100,000 BTC by 2026 and 210,000 BTC by 2027 under its Accelerated Bitcoin Plan.

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