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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.
Polemos, a Web3 gaming infrastructure platform, today announced the official commencement of its Token Generation Event (TGE) for the $PLMS utility token. The TGE began at 5:00 AM UTC on June 23rd, 2025, marking a step in the platform’s development to integrate blockchain technology within the gaming sector.
The $PLMS token is designed to serve as the utility and governance token for the Polemos ecosystem. It is intended to facilitate platform functionalities, including asset management, player incentives, and participation in ecosystem governance. The TGE follows prior development phases and strategic partnerships, contributing to the framework of Polemos’ Web3 gaming… Read more on Blockworks
Palm Springs, CA — June 14, 2025 — Bitcoin was on everyone’s lips at last week’s FreedomFest, where an unprecedented wave of orange-pilled conversation swept across panels, networking events, and luncheons.
The festival, branded as “the world’s largest gathering of free minds,” featured over 160 keynote speakers—including Ross Ulbricht, Spike Cohen, Cornel West, Adam Carolla, and Kat Timpf—underscoring the event’s broad appeal and intellectual range.
In the midst of this packed agenda, The Anthem Film Festival, FreedomFest’s official film festival, showcased Dirty Coin: The Bitcoin Mining Documentary, a provocative new documentary that dives headfirst…
Read more on bitcoinnews
Texas Governor Greg Abbott has signed Senate Bill 21 creating a Texas Strategic Bitcoin Reserve. The law allows the state to hold Bitcoin as part of its long term financial assets and aims to protect Texas against inflation.
The reserve will be managed by the Texas Comptroller of Public Accounts with guidance from a panel of crypto professionals. Bitcoin is the only asset currently eligible due to its large market size and proven resilience.
This move makes Texas the first state to dedicate public funds into Bitcoin and establish a dedicated structure for crypto assets. The reserve can grow from public donations airdrops or investment gains and will publish reports every two years ensuring transparency. Texas now joins Arizona and New Hampshire as leaders in this bold financial future.
Cardone Capital, led by entrepreneur Grant Cardone, has made headlines by purchasing 1,000 Bitcoin — a historic first for a real estate company. This bold step integrates Bitcoin into its core business strategy, blending traditional property assets with digital currency investments.
The company already manages over 14,200 rental units and more than 500,000 square feet of premium office space. Now, Grant Cardone calls both real estate and Bitcoin “best-in-class” investments. Plans are in place to buy another 3,000 Bitcoin and add 5,000 more rental units before the year ends — showing strong confidence in both markets.
Bitcoin is currently valued at about $102,000, putting Cardone Capital’s crypto holding above $100 million. If the firm acquires the additional Bitcoin as planned, its total crypto assets could top $400 million. The move has drawn praise from Bitcoin supporters including Michael Saylor, who congratulated Cardone on X. This strategy may inspire a new wave of hybrid real estate and crypto investors.
Bitcoin-focused Nakamoto Holdings has secured $51.5 million in fresh capital through a private equity deal according to merger partner KindlyMD. The company was founded by David Bailey who serves as crypto adviser to US President Donald Trump. The funds were raised in under 72 hours showing strong investor confidence in Nakamoto’s strategy to build a massive Bitcoin treasury.
Bailey said the capital will go toward buying more Bitcoin along with covering general company needs. KindlyMD confirmed the financing was priced at $5.00 per share pushing their total funding to $563 million and $763 million including convertible notes. The deal will close with an upcoming merger that puts Nakamoto on the Nasdaq under the ticker NAKA.
Nakamoto Holdings aims to become a major Bitcoin treasury similar to other firms adding BTC to balance sheets. The merger with KindlyMD was approved last month and is expected to finalize in Q3 2025. This move follows a growing trend of public firms accumulating Bitcoin.
Texas Governor Greg Abbott has signed House Bill 4488 (HB4488) creating a legal shield for select state funds including any Bitcoin reserve established outside the state treasury. The new law ensures these funds cannot be pulled into the state’s general revenue giving added protection to future digital asset reserves.
The bill also covers other strategic funds such as the Texas Advanced Nuclear Development Fund and the Gulf Coast Protection Account. These will be formed or reformed as separate entities either within or outside the treasury depending on the requirements of their enabling legislation.
Governor Abbott has not yet acted on Senate Bill 21 which would allow Texas to invest in cryptocurrencies like Bitcoin that have a market cap above 500 billion dollars. Currently only Bitcoin qualifies. He has until June 22 to sign veto or let the bill pass into law without action. If approved the Texas Strategic Bitcoin Reserve would become a protected entity under the framework now set by HB4488.
Today, the government of Norway announced its plans to introduce a temporary ban on establishing new Bitcoin and cryptocurrency mining data centres.
The government concluded that it was better to redirect electricity to other industries and economic sectors and that it would be better for the national interest.
“The Labour Party government has a clear intention to limit the mining of cryptocurrency in Norway as much as possible,” said the Minister for Digitalization and Public Administration Karianne Tung.
The ruling Labour Party has attributed the upcoming ban to the excessive electricity consumption by power-intensive Bitcoin and crypto mining operations, which it says…
Read more on BitcoinMagazine
For as long as bitcoin has existed, self-custody–the ability to transact with and hold your own wealth without the need for a third party intermediary like a bank or other financial institution–has been central to the offer.
For some, self custody is a firmly-held belief in the right to “be your own bank.” For others, it’s a practical step taken to safeguard a valuable asset that can be–and has been–lost to exchange hacks, mismanagement, or FTX-style collapse. A bit like keeping a safe full of cash at home, if there’s a run on the “bank,” your coins are immune.
And while the “how” of self custody has changed forms throughout bitcoin’s history,…
Read more on BitcoinMagazine