American Bitcoin Corp (ABTC), a newly formed private Bitcoin mining company backed by Eric Trump and Donald Trump Jr., announced in a June 10 SEC filing that it has acquired 215 Bitcoin (BTC) since launching operations on April 1, 2025. The reserve is currently valued at approximately $23 million, showing their drive and commitment to Bitcoin. 

JUST IN: American Bitcoin Corp (private) reports to have 215 #bitcoin (per 31 May) since it’s launch on April 1, 2025.

They will merge with Gryphon Digital $GRYP and become public under ticker $ABTC.

They mention “Bitcoin accumulation is not a side effect of ABTC’s business.… pic.twitter.com/wq1Uxr76Z2

— NLNico (@btcNLNico) June 10,… Read more on BitcoinMagazine

US investment giant Guggenheim is deepening its move into digital finance by partnering with Ripple to expand its commercial paper offering on the XRP Ledger. The collaboration will bring a US Treasury-backed fixed-income product to the blockchain offering more accessibility to crypto-native markets.

Ripple will invest $10 million into the product which is backed fully by US Treasurys and offers flexible maturity options of up to 397 days. RippleX executive Markus Infanger stated the asset may also be available through Ripple’s US dollar-pegged stablecoin RLUSD which has already reached a $350 million circulation since launching in December.

Guggenheim continues to bridge traditional finance and blockchain innovation following its earlier move in September 2024 when it tokenized a $20 million commercial paper offering on the Ethereum network. This latest step highlights growing confidence in crypto integration across institutional finance.

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Canaan Inc. (NASDAQ: CAN), an innovator in Bitcoin mining, reported today their bitcoin mining update for the month ending May 31, 2025, with 109 bitcoins mined. The company’s total bitcoin holdings rose to 1,466 BTC. 

“In May 2025, despite the 10% increase in tariffs on our Malaysia-made Bitcoin mining machines due to ongoing U.S. trade uncertainties, we remained focused on executing our strategic priorities with discipline and agility,” said the Chairman and CEO of Canaan Nangeng Zhang. “By capitalizing on the favorable momentum in bitcoin prices, we achieved a 25% month-over-month increase in our bitcoin production, reaching a record 109 bitcoins. This performance marks…

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In an expansion of its digital asset portfolio, Quantum BioPharma Ltd. has announced the purchase of an additional $500,000 in Bitcoin and other cryptocurrencies, bringing its total holdings to USD $5,000,000. The Canadian biopharmaceutical company made the move after securing approval from its Board of Directors.

“Quantum BioPharma Ltd. is pleased to announce that after receiving approval from the Board of Directors, the Company has purchased additional Bitcoin and other cryptocurrencies as part of its strategic efforts. This brings the total amount of BTC and other cryptocurrencies purchased to USD $5,000,000. As previously announced the company will continue to allow for…

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Brian Quintenz pledged to bring clarity and innovation to crypto regulation during his upcoming nomination hearing to lead the Commodity Futures Trading Commission. Nominated by President Donald Trump Quintenz said he would push for a comprehensive framework including clear token classifications and defined oversight of crypto trading markets.

A former CFTC commissioner and current global policy head at a16z crypto Quintenz said his global experience will guide U.S. leadership in blockchain regulation. He emphasized that blockchain is a foundational technology with impacts far beyond finance. He plans to share global insights with Congress and the CFTC to craft smart and effective regulation.

Quintenz called crypto and blockchain transformative tools that empower individuals with control over digital identity and intellectual property. He promised to support innovation while holding bad actors accountable. Ahead of his hearing Quintenz also disclosed \$3.4 million in assets and vowed to avoid conflicts of interest by recusing from related matters if confirmed.

Bloomberg

Bitcoin Core Github page announced yesterday that Core Developers have merged pull request #32406, removing support for “-datacarrier” argument for Bitcoin Core software in their next release, expected to be published in October.

Pull request #32406 has been merged — Github

This is the latest development regarding the initiative brought forth by Bitcoin Core developer Peter Todd, which has caused intense debate among Bitcoiners, now known as the “spam wars”.

The disagreement is over a change to Bitcoin Core’s transaction relay policy that removes the OP_RETURN data limit, which some see as a threat to Bitcoin’s very purpose, while others see it as a…

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Smarter Web Company has acquired 45.32 more bitcoin as part of its long-term treasury strategy called “The 10 Year Plan” aimed at strengthening its digital asset portfolio. This new purchase highlights the company’s growing confidence in bitcoin as a key financial asset for future growth.

The investment totals £3.5 million or\$4.73 million at an average price of £77437 or $104999.50 per bitcoin. With this move the company now holds 168.08 bitcoin in total currently valued at over £13 million or $17.7 million. Smarter Web is actively positioning itself as a forward-looking tech firm embracing the crypto economy.

This bold step reinforces the company’s belief that bitcoin is more than just a speculative asset. Smarter Web continues to treat bitcoin as a core treasury asset showing commitment to innovation and decentralized finance despite market volatility. Crypto adoption at the corporate level continues to gain traction and Smarter Web is leading the charge.