Bitcoin whale watching is a sport for having fun, staying poor

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About 15 million people go whale watching every year — many in places like Mozambique, Costa Rica and Sri Lanka.

Stuck in Iceland, a travel magazine, labeled whale watching “a demanding contact sport where you battle the elements while looking for creatures that care nothing, whether you see them or not. 

“Sometimes you are lucky, and the whales take a long time when they are visible. Sometimes they move fast, pop up all over the place, and you must be quick to see them.”

Today’s post celebrates Bitcoin’s version of the sport. So grab your spray jacket and binoculars, and…

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Metaplanet Acquires 1,088 More Bitcoin, Bringing Total Holdings To 8,888 BTC

Metaplanet, Japan’s leading Bitcoin treasury firm, has purchased an additional 1,088 Bitcoin for approximately ¥16.89 billion at an average price of ¥15,519,019 per BTC. This acquisition raises the company’s total Bitcoin holdings to 8,888 BTC, with a cumulative purchase cost of ¥122.27 billion at an average price of ¥13,756,658 per BTC.

The company continues to report gains under its BTC Yield metric, a proprietary KPI that measures Bitcoin accumulation per share. Quarter-to-date (QTD), as of June 2, 2025, Metaplanet’s BTC Yield stands at 66.3%, following previous QTD yields of 95.6%, 309.8%, and 41.7% over the last three quarters. Total BTC Gain for Q2 2025 is 2,684…

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Sberbank, Russia’s Biggest Bank, Launches Structured Bond Tied To Bitcoin

Sberbank, the largest bank in Russia, has launched a new structured bond that ties investor returns to the performance of Bitcoin and the U.S. dollar-to-ruble exchange rate. This new financial product represents one of the first moves by a major Russian institution to offer Bitcoin-linked investments under recently updated national regulations.

The structured bond is initially available over the counter to a limited group of qualified investors. According to the announcement, it allows investors to earn based on two factors: the price performance of BTC in U.S. dollars and any strengthening of the dollar compared to the Russian ruble.

Unlike typical Bitcoin investments,…

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Stay True To These Principles And The Future Is Ours, Says Ross Ulbricht

Last week, Ross William Ulbricht, at the 2025 Bitcoin Conference in Las Vegas, gave a speech about the principles of freedom, decentralization and unity.

Ross Ulbricht started by talking about his experience in prison and the price difference when he got into prison compared to now.

“When I launch Silk Road, buying a whole bitcoin will set you back less than a dollar,” said Ross. “Pocket change. Can you imagine that? Now they are worth over $100,000 each.”

“Bitcoin’s power comes from the fact that any one of us can mine if we choose to, and any one of us can generate addresses if we choose to,” stated Ross. “Any one of us can send bitcoin to anyone else….

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VC funding topped $594M in May: Blockworks Research

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Not only is summer just around the corner, but a new month means new data around venture capital spending. 

Fundraising totaled $594 million last month, per Blockworks Research data. 

As you can see, funding made up a very small slice of the overall pie, with M&A leading the month when it comes to money spent. A little over $2.9 billion went towards deals last month, of which most of that sum came from the $2.9 billion Coinbase-Deribit deal. 

Overall, funding was on the smaller side, especially in comparison to the last few months. Is that concerning? I personally don’t think so. Not…

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Strategy Buys $75 Million Worth Of Bitcoin

Strategy has acquired an additional 705 Bitcoin for approximately $75 million, further expanding its position as the largest corporate holder of Bitcoin as more public companies continue to adopt Bitcoin treasury strategies.

According to a Form 8-K filed with the SEC on June 2, the company purchased the Bitcoin at an average price of $106,495 per coin between May 26 and June 1, bringing its total holdings to 580,955 BTC. The acquisition was funded through Strategy’s at-the-market (ATM) equity offerings of perpetual preferred shares.

The company raised $74.6 million by selling a combination of its preferred stock classes, including 353,511 shares of STRK preferred stock for…

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JUST IN: Saylor’s Strategy Adds 705 Bitcoin Worth $75.1 Million to Holdings

Strategy has added 705 more Bitcoin to its holdings spending approximately $75.1 million at an average price of $106,495 per coin. This latest move boosts their total Bitcoin stash to an incredible 580,955 BTC. The company also reported a strong year-to-date Bitcoin yield of 16.9% showcasing confidence in digital assets as a long-term store of value.

As of June 1, 2025, Strategy’s total Bitcoin investment stands at nearly $40.68 billion with an average purchase price of $70,023 per BTC. The continued accumulation highlights their belief in Bitcoin’s strength and long-term potential. This bold strategy sends a powerful signal to both institutional and retail investors as crypto adoption gains momentum globally.

LATEST: UK-based IG Group Launches Crypto Trading Service for Retail Clients

UK-based financial giant IG Group has officially entered the spot cryptocurrency market allowing retail investors to trade digital assets directly for the first time. The new service offers access to 31 crypto tokens including Bitcoin Ether XRP and trending altcoins like Bonk.

This move comes as the UK embraces digital asset innovation with growing public interest and ongoing regulatory developments. IG has partnered with US-regulated crypto firm Uphold which provides the infrastructure pricing and transaction handling. The new service is available on both the IG platform and IG Invest app offering users a seamless switch between crypto and traditional investment accounts.

Previously IG only offered crypto exposure through contracts for difference but this launch marks a major shift toward full crypto ownership. IG UK Managing Director Michael Healy called it a milestone for retail investors and the country’s crypto journey. As the UK advances crypto regulations this step by IG signals a bold commitment to supporting responsible crypto access and adoption.

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LATEST: Metaplanet Buys More 1,088 Bitcoin Pushes Holdings to 8,888 BTC

Japan’s Metaplanet has announced a major Bitcoin purchase of 1,088 BTC raising its total to an impressive 8,888 BTC worth $930 million. The latest acquisition cost 16.885 billion yen or $117.5 million with Bitcoin priced at 15.5 million yen per token or $108,051. This bold move comes just one week after the company issued $50 million in zero-interest bonds to support its crypto strategy.

Metaplanet is quickly closing in on its year-end goal of 10000 BTC. In 2025 alone the firm has added 7,126 BTC showing its strong commitment to Bitcoin as a treasury asset. Since adopting the Bitcoin strategy in April, 2024 Metaplanet has become Asia’s largest publicly traded Bitcoin holder and ranks among the top ten globally.

CEO Simon Gerovich credits MicroStrategy and its chairman Michael Saylor as key inspirations. Following Metaplanet’s lead more companies like Twenty One led by Jack Mallers are now building crypto-based treasuries using Bitcoin, Ethereum, XRP and Solana.

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