Make Tennessee A Hub For Bitcoin Mining

Senator Bill Hagerty (R-TN) has been in the headlines as of late as the GENIUS Act (S. 1582), a bill for which he was the primary sponsor, moves closer to passing in the U.S. Senate.

The GENIUS Act is a bill that, if enacted into law, would create a federal regulatory framework for stablecoins so that the technology can be more widely adopted. (While some Bitcoin enthusiasts may not like this, they should still pay attention to the language in the bill, as it could have an impact on U.S. citizens’ ability to use Bitcoin wallets privately.)

However, stablecoins aren’t the only thing on Senator Hagerty’s mind.

He’s also thinking about how to best produce and harness…

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Canadian Company Universal Digital Launches Bitcoin Treasury Strategy

Universal Digital Inc. (CSE: LFG) has announced it has launched a Bitcoin Treasury Strategy as a core pillar of its capital allocation framework, beginning with the divestment of altcoin holdings to accumulate Bitcoin under a new reserve model.

“Our Bitcoin Treasury Strategy marks a deliberate shift in how we manage capital – by holding Bitcoin as a long-term treasury asset, we aim to enhance balance sheet strength and align with the evolving global financial landscape,” said the CEO of the Company Tim Chan. “The framework we’ve established with GFA enables us to explore extending this model to Asia, where digital assets are gaining traction among public companies and…

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Strategy Acquires 10,100 BTC, Surpasses 592,000 Bitcoin In Holdings

Michael Saylor’s Strategy announces it has purchased an additional 10,100 BTC for approximately $1.05 billion, raising its total holdings to 592,100 BTC acquired at an average cost of $70,666 per Bitcoin.

Strategy added another 10,100 Bitcoin to its treasury between June 9 and June 15, 2025, according to a Form 8-K filed Monday with the SEC. The company spent approximately $1.05 billion on the latest allocation, paying an average price of $104,080 per Bitcoin, inclusive of fees and expenses. 

This brings Strategy’s total holdings to 592,100 BTC, acquired at a cumulative cost of $41.84 billion, or an average price of $70,666 per Bitcoin, solidifying its status as the…

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Truth Social’s ETF Filing Aims For 75% Bitcoin, 25% Ethereum – Grayscale Bitcoin Mini Trust (BTC) Common units of fractional undivided beneficial interest (ARCA:BTC)

Trump Media and Technology Group, the parent company of Truth Social, filed an S-1 registration statement with the U.S. Securities and Exchange Commission to launch the Truth Social Bitcoin BTC/USD and Ethereum ETH/USD ETF, B.T., allocating 75% of its assets to Bitcoin and 25% to Ethereum.

The filing marks a significant step in the company’s expansion into cryptocurrency investment products, aligning with its broader push into financial services through its Truth.Fi platform.

Truth Social, launched in 2022 as a social media platform to counter perceived Big Tech censorship, has grown to 13 million users, emphasizing free expression.

Also Read: Justin Sun’s Tron Plans US Public Listing…

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Smarter Web Company Raises £29.3M To Grow Bitcoin Holdings

The Smarter Web Company, a UK-based web design and digital services firm, has raised £29.3 million in a new funding round to support its Bitcoin treasury strategy.

The raise was completed through an accelerated bookbuild and a subscription with institutional investors. Shares were priced at £1.80 each, matching the closing bid on Friday, June 13. That price is more than double the company’s last fundraising round. 

“The Smarter Web Company is pleased to announce the successful completion of an Accelerated Bookbuild to institutional investors through Tennyson Securities and Peterhouse Capital Limited. A Subscription with Qualified Investors has also been completed, the…

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LATEST: Swedish Health Tech Giant H100 Group Secures $15.8M to Boost Bitcoin Holdings

Swedish-listed health tech firm H100 Group has secured a $15.82 million convertible loan from Adam Back the CEO of Blockstream to ramp up its Bitcoin accumulation. The funding is part of a larger agreement aimed at expanding the company’s long-term crypto treasury strategy. H100 plans to acquire more Bitcoin in multiple phases using structured financing.

The deal marks the second major crypto-related investment for H100 Group in just a few weeks. In late May the company raised $2.2 million through 0 percent interest convertible loans. Back contributed $1.4 million while other notable investors like Morten Klein and Crafoord Capital Partners added another $800000 collectively.

H100’s aggressive move reflects a growing trend among European companies turning to Bitcoin as a strategic asset. Other firms including The Smarter Web Company and Abraxas Capital have made similar high-stakes investments. The trend continues despite warnings from analysts who see corporate Bitcoin holdings as risky and potentially unsustainable.

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JUST IN: Michael Saylor’s Strategy Acquires 10,100 BTC Worth $1 Billion

Strategy has made another major move in the crypto space by acquiring 10,100 more BTC worth approximately $1.05 billion. This latest purchase was made at an average price of $104,080 per bitcoin. The firm also revealed an impressive BTC yield of 19.1% year to date for 2025 solidifying its aggressive stance in the digital asset space.

As of June 15, 2025, Strategy now holds a staggering 592,100 BTC with a total acquisition cost of about $41.84 billion at an average price of $70,666 per coin. This bold accumulation signals strong confidence in Bitcoin’s long term potential as a store of value and a strategic financial asset.

Japan’s Metaplanet Hits 10,000 Bitcoin, Overtakes Coinbase

Metaplanet has acquired an additional 1,112 Bitcoin for $117.2 million, bringing its total holdings to 10,000 BTC and overtaking Coinbase to become the ninth-largest publicly traded holder of Bitcoin, as corporate Bitcoin adoption continues to accelerate globally.

The Tokyo-based company purchased the Bitcoin at an average price of $105,435 per coin. The acquisition brings Metaplanet’s total investment in Bitcoin to approximately $947 million, with an average cost basis of $94,698 per BTC.

The pace of corporate Bitcoin accumulation has reached unprecedented levels. What started with Strategy has evolved into a global phenomenon, with over 150 public companies now holding…

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LATEST: Crypto Sees Strong $1.9B Weekly Inflows Despite Global Tensions

Crypto investment funds managed by major firms like BlackRock Fidelity Grayscale and Bitwise saw a massive $1.9 billion in net inflows globally last week. This marks the ninth straight week of positive gains bringing total year-to-date inflows to a record $13.2 billion. Despite global tensions digital assets continued to attract investors along with traditional safe havens like gold.

Bitcoin led the recovery with $1.3 billion in inflows after two weeks of minor outflows. Most of this came from US spot Bitcoin ETFs while Ethereum-based products added $585 million in inflows extending their strong run to $2 billion since February. XRP and Sui-based funds also saw renewed interest with $11.8 million and $3.5 million in net inflows respectively.

United States remained the top contributor with $1.9 billion in weekly inflows followed by Switzerland Germany and Canada. While the crypto market remained largely positive some regions like Hong Kong and Brazil saw outflows showing a mixed but resilient global outlook.

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LATEST: Japan’s Metaplanet Hits 10K Bitcoin Goal with Latest 1,112 BTC Buy

Metaplanet has reached its year-end 2025 goal of 10,000 Bitcoin six months early. The Tokyo-listed firm announced on June 16 that it purchased 1,112 BTC at an average price of ¥15.18 million per Bitcoin (around \$105,000), bringing its total holdings to exactly 10,000 BTC. The acquisition, valued at approximately ¥16.88 billion ($110 million), marks a major step in its long-term Bitcoin strategy.

The purchase was funded by issuing a $210 million zero-interest bond to EVO Fund, also announced on June 16. The bond matures in December 2025 but can be redeemed earlier. Metaplanet confirmed that the entire amount will go toward further Bitcoin purchases, reinforcing its focused accumulation approach.

The company has now raised its BTC target to 100,000 by end of 2026 and 210,000 by 2027—representing 1% of Bitcoin’s total supply. Already the largest corporate BTC holder in Asia and eighth globally, Metaplanet continues leading the charge in institutional Bitcoin adoption.

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