Today, KULR Technology Group, Inc. (NYSE American: KULR) announced it has secured a $20 million bitcoin-backed credit facility from Coinbase Credit, Inc., a subsidiary of Coinbase Global (NASDAQ: COIN). 

The deal sets up a multi-draw loan facility worth up to $20 million, which KULR can access starting on the effective date. The funding will support KULR’s strategic Bitcoin accumulation goals.

“This marks KULR’s first bitcoin-backed credit facility, giving us access to non-dilutive capital at a competitive financing rate,” said the CEO of KULR Michael Mo. “It reflects our commitment to diversifying our funding sources as we continue to execute on long-term growth…

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Metaplanet, widely recognized as Japan’s leading Bitcoin treasury company, has announced its plans to become the world’s second largest corporate bitcoin holder by 2027, aiming to use its growing reserves to buy cash-generating businesses.

“We think of it as a bitcoin gold rush,” said Metapanet CEO Simon Gerovich. “We need to accumulate as much bitcoin as we can… to get to a point where we’ve reached escape velocity and it just makes it very difficult for others to catch up.”

Metaplanet, currently the world’s fifth largest corporate bitcoin holder, announced plans last month to aggressively grow its holdings from 15,555 to over 210,000 bitcoin by the end of…

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Truth Social, under Trump Media & Technology Group, has filed with the SEC to launch a new crypto-focused ETF called the Truth Social Crypto Blue Chip ETF. Sponsored by Yorkville America Digital, the fund will track five major digital assets — Bitcoin (70%), Ethereum (15%), Solana (8%), Cronos (5%), and XRP (2%).

The ETF is set to list on NYSE Arca and will be rebalanced quarterly to maintain its target allocations. Foris DAX Inc., an affiliate of Crypto.com, will serve as the liquidity provider and rebalancing agent. CF Benchmarks will provide pricing data using CME indices. Shares will be issued in blocks of 10,000, with cash creations and redemptions allowed at launch. In-kind transactions may be permitted later, pending SEC approval.

This filing is part of a broader push by Trump Media and Yorkville to expand into the crypto space. They are also seeking approval for two more ETFs — the Truth Social Bitcoin ETF and the Truth Social Bitcoin & Ethereum ETF.

Form S-1 

Sequans Communications has secured $384 million through a private debt and equity offering backed by over 40 institutional investors. The funds will kickstart the company’s bitcoin treasury initiative marking a bold step into digital assets.

The company will use all net proceeds to purchase bitcoin and fund corporate activities tied to the initiative. The offering included 139 million American Depositary Shares priced at $1.40 each and secured convertible debentures worth $189 million. These are set to convert at $2.10 per ADS bringing the total raised to $376 million with potential for an extra $57.6 million if all warrants are exercised.

CEO Georges Karam stated the move strengthens Sequans’ financial resilience and aims to deliver long-term value. Sequans is partnering with Swan Bitcoin to ensure secure execution and transparent operations. This strategic pivot signals growing corporate interest in bitcoin as a store of value and a treasury asset.

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Japanese company Metaplanet has revealed plans to use its growing Bitcoin reserves to acquire cash-generating businesses, including a possible digital bank in Japan. The Tokyo-listed firm now holds 15,555 BTC after buying 2,204 more this week for $237 million, at an average price of $107,700 per coin.

CEO Simon Gerovich said the company aims to accumulate over 210,000 BTC by 2027, or 1% of all Bitcoin ever mined. He compared the strategy to a gold rush, emphasizing the need to reach “escape velocity” by using Bitcoin as leverage for expansion. Metaplanet intends to use its BTC as collateral, similar to government bonds, to raise capital for acquisitions.

Originally a hotel operator, Metaplanet has seen its stock soar over 345% this year, pushing its market cap beyond $7 billion. The firm mirrors MicroStrategy’s Bitcoin playbook, which holds over 597,000 BTC. Gerovich is open to issuing preferred shares to fund growth but ruled out convertible debt to avoid repayments tied to share price.

Source

Murano Global Investments PLC, a Nasdaq-listed real estate company, has announced a bold move into bitcoin. The firm, known for its luxury hotel and resort developments in Mexico, plans to use its operating cash flows, real estate assets, and capital market access to acquire bitcoin as part of a new treasury strategy.

The company secured a Standby Equity Purchase Agreement of up to $500 million with Yorkville Advisors, with the majority of funds earmarked for bitcoin purchases. Murano recently acquired 21 BTC and joined the Bitcoin for Corporations alliance, backed by Michael Saylor’s Strategy. CEO Elias Sacal said bitcoin offers long-term growth potential and strengthens the company’s balance sheet against inflation and systemic risk.

Murano is also exploring options to accept bitcoin payments and launch bitcoin rewards in hospitality. The firm has deployed over $2 billion in real estate projects over three decades. Murano’s stock (MRNO) closed at $10.53, down 1.68%, and dipped a further 3.32% after hours. In 2025, 142 public firms now hold bitcoin as crypto adoption accelerates.

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Trump Media has taken a major step into cryptocurrency, with the US Securities and Exchange Commission accepting its application for a Bitcoin and Ethereum exchange-traded fund. The proposed ETF would list on NYSE Arca, offering investors direct exposure with 75% of assets in Bitcoin and 25% in Ether. Custody of the crypto assets will be handled by Crypto.com, while asset management will be led by Yorkville America Digital.

Truth Social’s ETF will track daily net asset value using the CME CF Bitcoin and Ether reference rates, with all assets securely held in cold storage. The filing, submitted June 16, comes as the SEC explores streamlined listing structures for crypto ETFs, signaling increased support for digital assets in traditional markets.

Meanwhile, the SEC has delayed a decision on Fidelity’s proposed Solana ETF. Bloomberg analyst James Seyffart noted the delay was expected, but said recent SEC requests for amendments are a strong sign of positive momentum for crypto exchange-traded products.

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On July 3, 2025, the U.S. Court of Appeals for the Eleventh Circuit agreed to end an appeal that crypto advocacy group Coin Center made to OFAC regarding the Ethereum-based mixing service Tornado Cash.

This decision by the court occurred approximately two and a half months after the U.S. Treasury Department removed Tornado Cash from its OFAC Sanctions list after having kept it on the list for over three years.

The dismissal of this case officially ends Coin Center’s challenging OFAC’s decision to include Tornado Cash on its sanctions list.

Peter Van Valkenburgh, executive director at Coin Center commented on X earlier today that the government did not want to continue…

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Today, Nakiki SE (ISIN: DE000WNDL300) announced plans to fully adopt a Bitcoin treasury strategy, aiming to become Germany’s first publicly listed company to pursue a Bitcoin only treasury reserve asset business plan, similar to Michael Saylor’s Strategy. 

The company will propose a name change and a revised business purpose at its annual general meeting in the second half of 2025. Nakiki SE is also in discussions with key investors to raise capital through share issuances to fund its Bitcoin acquisition.

“The course for building a Bitcoin portfolio was set today following discussions with potential investors, placing banks, and Bitcoin experts,” the announcement…

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