Brazil’s state owned oil and gas company Petrobras is reportedly assessing getting into Bitcoin mining. This is a new chapter for the company and shows how traditional industries are adapting to the digital world.

Petrobras, one of the largest and most profitable oil companies in the world, is going to use excess natural gas produced during the oil extraction process to power bitcoin mining.

This will reduce energy waste and methane emissions, and create a new revenue stream for the company.

Using excess gas to mine bitcoin is how oil companies can become more profitable. The project is part of Petrobras’ R&D agenda to explore Bitcoin and diversify the company’s…

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Metaplanet, a trailblazing Japanese hotel investor, has successfully executed the largest capital raise in Asian equity market history, specifically to expand its bitcoin portfolio. The firm issued 21 million shares using 0% discount moving strike warrants, amassing approximately 116 billion yen ($745 million). This innovative financial maneuver is designed to enable holders to acquire shares at a market-equivalent exercise price, thereby protecting existing shareholders from dilution.

This strategic financial infusion reinforces Metaplanet’s dedicated “Bitcoin-first, Bitcoin-only” policy. The initiative is a response to the ongoing devaluation of the yen and the surge to an all-time high in Bitcoin value. By increasing its bitcoin reserves, Metaplanet is positioning itself at the forefront of digital asset investment, reflecting a strong belief in Bitcoin’s enduring value.

As a testament to the positive market reception, Metaplanet’s stock saw a 3% rise on the announcement day, with an overall increase of 16% this year. Currently holding 1,762 BTC, Metaplanet ranks as the fifteenth largest bitcoin holder among public companies, signaling robust confidence in the future of cryptocurrencies.

MicroStrategy has once again solidified its position as the largest corporate holder of Bitcoin, announcing the acquisition of an additional 10,100 BTC for $1.1 billion. The latest purchase, made at an average price of $105,596 per Bitcoin, occurred just before a market correction saw Bitcoin’s price dip 6% below $100,000.

MicroStrategy has acquired 10,107 BTC for ~$1.1 billion at ~$105,596 per bitcoin and has achieved BTC Yield of 2.90% YTD 2025. As of 1/26/2025, we hodl 471,107 $BTC acquired for ~$30.4 billion at ~$64,511 per bitcoin. $MSTR https://t.co/UM5dGUS9Ma

— Michael Saylor⚡️ (@saylor) January 27, 2025

This purchase comes on the heels of the firm’s acquisition of 11,000…

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Standard Chartered’s digital assets expert Geoffrey Kendrick has voiced a strong buy recommendation for Bitcoin as the cryptocurrency market mirrors Nasdaq’s recent volatility. Kendrick highlights the pronounced correlation between Bitcoin and tech-heavy Nasdaq which saw a notable drop influenced by external AI developments causing a ripple effect across tech stocks and cryptocurrencies alike.

The downward trend in Nasdaq was sparked by news from DeepSeek a Chinese AI firm that introduced a new cost-effective AI model challenging established players and impacting U.S. tech stock valuations. This turmoil has trickled into the crypto sphere with significant liquidations overnight but Kendrick remains optimistic about Bitcoin’s resilience and potential rebound.

Amidst the market’s fluctuations and recent crypto directives from the Trump administration Kendrick encourages investors to capitalize on the current dip. Pointing to the “buy the dip” phase as a strategic move he predicts substantial institutional investments driving up Bitcoin prices significantly by year’s end.