Mercurity Fintech To Raise $800 Million For Bitcoin Treasury

Mercurity Fintech Holding Inc. (Nasdaq: MFH), a digital finance company focused on blockchain-based financial infrastructure, has announced plans to raise $800 million to establish a long-term Bitcoin treasury reserve. The initiative is part of the company’s effort to incorporate digital assets into its financial strategy. 

According to a recent news release, Mercurity intends to transition a portion of its reserves into Bitcoin, supported by blockchain-native custody, staking solutions, and tokenized treasury tools designed to advance yield and extend asset duration. 

“We’re building this Bitcoin treasury reserve based on our belief that Bitcoin will become an essential…

Read more on BitcoinMagazine

The Bitcoin Treasury Strategy That’s Reanimating Zombie Companies

A growing number of public companies are stuck in limbo—technically solvent, but strategically stalled. Growth has evaporated. Stock prices have languished. Reinvestment opportunities are unclear or underwhelming. These companies aren’t broken—they’re just drifting.

They’ve become what markets call zombie companies: firms that generate enough to survive, but not enough to excite. And in today’s capital environment, stagnation is no longer neutral—it’s dangerous.

This is where a Bitcoin treasury strategy comes in.

What Is a Bitcoin Treasury Strategy—and What Problem Does It Solve?

At its core, a Bitcoin treasury strategy means converting a portion of idle…

Read more on BitcoinMagazine

Shiba Inu Burn Rate Explodes Over 112,000% In One Day — What’s Fueling The Surge?

Shiba Inu’s SHIB/USD burn rate has spiked, alongside a rise in whale transactions and daily transactions. Key Shibarium updates reflect strong fundamentals for the meme coin.

CryptocurrencyPrice   Market Cap24-Hour Trend7-Day TrendShiba Inu SHIB/USD $0.00001257$7.4 billion-4.5% -2.5% Dogecoin DOGE/USD $0.1874$28 billion-5.6% –2% Pepe PEPE/USD $0.00001216$5.1 billion-4.2% +2.6% 

Trader Notes: Technical analyst Investing Haven notes that SHIB has held key support around $0.000012345, aligning with expected annual lows near $0.0000133.

The chart may be forming a bullish W-reversal pattern, which — if confirmed — could push SHIB toward a target of $0.0000666.

Statistics:…

Read more on Benzinga

Maelstrom Announces Its Fourth Bitcoin Developer Grant Recipient

Maelstrom is announcing that Ron, known online as “macgyver13,” is the fourth recipient of the Maelstrom Bitcoin Grant Program, per a press release sent to Bitcoin Magazine. Ron will be working on Silent Payments, as proposed in Bitcoin Improvement Proposal 352. 

“We are excited to be financially supporting Ron, in his mission on integrating Silent Payments into Bitcoin wallets,” said the CFO of Maelstrom Arthur Hayes. “Many merchants and users want to provide/display a single static address that doesn’t change, which is an important, valid and simple use case. With Silent Payments this can still be done, while on-chain address re-use is avoided. Address re-use is a…

Read more on BitcoinMagazine

Bitcoin, Ethereum, XRP, Dogecoin Slide On Thursday Morning: What’s Going On?

Cryptocurrency markets are slipping on Thursday, but the broader investor outlook remains optimistic, driven by growing institutional interest in Bitcoin.

CryptocurrencyPrice   Gains +/-Bitcoin BTC/USD$107,319.73-1.8%Ethereum ETH/USD$2,749.17-0.8%Solana SOL/USD$158.63-3.8%XRP XRP/USD$2.23-3.4%Dogecoin DOGE/USD$0.1882-6%Shiba Inu SHIB/USD$0.00001263-4.6%

Notable Statistics:

IntoTheBlock data shows Bitcoin and Ethereum large transaction volume decreasing by 14.7% and 16.1%, respectively. Daily active addresses are down by 8.7% and 0.7%, respectively. ETH’s exchange netflows are up by 88.3%.

Coinglass data shows 109,114 traders were liquidated in the past 24 hours for $327.18… Read more on Benzinga

HB7082 | Connecticut Bans Bitcoin Investment

In a move that diverges from many other U.S. states, Connecticut has passed a new law that bars state and local governments from investing in bitcoin or any other digital currency.

The bill, HB7082, passed unanimously in both the House and Senate with zero opposing votes.

The law, officially titled “An Act Concerning the Regulation of Virtual Currency and State Investments,” was signed into law recently and is causing a stir in the Bitcoin and financial communities.

HB7082 prohibits the state of Connecticut and its political subdivisions from accepting, holding or investing in digital currencies. This includes bitcoin, ethereum and other digital assets. It…

Read more on bitcoinnews

LATEST: Japanese Fashion Brand ANAP Adds 50.56 Bitcoin to Holdings

Japanese fashion company ANAP Holdings has expanded its Bitcoin holdings by 50.56 BTC over the past two days bringing its total to 153.4627 BTC. The value of these holdings now exceeds 2.17 billion yen signaling the company’s strong confidence in the future of cryptocurrency. This move was made through its subsidiary ANAP Lightning Capital as part of a strategy to enhance asset efficiency and explore high-return opportunities in the digital asset space.

The company has confirmed that the valuation of its Bitcoin assets will follow fair value accounting and any changes in value will be reflected in its income statement. While unrealized gains or losses will impact non-operating income ANAP promises to disclose any significant effects on its financial performance. This bold move underlines ANAP’s belief in Bitcoin as a modern and effective tool for long-term asset management and growth

Source

NEW: GameStop Plans $1.75 Billion Offering, May Buy Bitcoin for Treasury Holdings

GameStop digs into the crypto world with a bold $1.75 billion offering of 0% convertible senior notes. The company also gives initial buyers a chance to grab another $250 million in notes. This move is seen as a step toward adding more bitcoin to its balance sheet and building long-term digital strength.

The gaming retailer updated its investment policy in March to include bitcoin as a treasury reserve asset. Funds raised will support general operations and future investments. GameStop previously raised $1.5 billion in April and bought 4,710 bitcoin on May 28 marking its first major crypto step.

GameStop continues to face falling revenue with a 17% drop in Q1 sales from last year. Despite a sharp decline in stock price the company signals confidence in crypto as a future path. By digging into bitcoin it joins over 100 public companies now embracing digital currency as a key asset.

Source

LATEST: US Senate Advances GENIUS Act as Stablecoin Regulation Gains New Momentum

The U.S. Senate voted 68 to 30 to advance the GENIUS Act a bill focused on regulating stablecoins marking a major step toward crypto innovation. The bipartisan move clears the way for a final vote soon potentially as early as Monday. The bill requires stablecoins to be backed by U.S. dollars or similar liquid assets and enforces annual audits for issuers with over $50 billion in value.

Senate Banking Chair Tim Scott praised the bill as a win for innovation and national security. Support came from both parties although some Democrats including Chuck Schumer and Elizabeth Warren voted against it. President Trump’s administration backed the legislation stating he would sign it if passed. Trump has been vocal about pushing crypto growth and has ties to digital asset ventures.

If passed by the Senate the GENIUS Act faces hurdles in the House where a separate stablecoin bill has already been approved by committee. Lawmakers will need to reconcile the two versions to bring unified stablecoin rules to life.