Michael Saylor’s Strategy ups Bitcoin bet with $1B stock offering
MicroStrategy plans to raise $1 billion through a stock offering to buy more Bitcoin, increasing its holdings significantly beyond recent purchases.
Wells Fargo’s Chief Economist Warns US Economy Is ‘Skating Pretty Close to a Recession’ – Here’s His Outlook – The Daily Hodl
Wells Fargo’s chief economist warns the US economy is nearing a recession, citing potential shocks and 2025 slowdown due to tariffs, with Fed rate cuts expected to stimulate growth by 2026.
Major Shiba Inu Warning, Ripple’s Latest Achievement, and More: Bits Recap June 6
Shiba Inu users warned of a Coinbase phishing scam. Ripple’s stablecoin gains approval in Dubai. Analysts remain bullish on Cardano’s ADA despite recent price drops.
Circle Soars 168% In First Day Of Trading On NYSE Following Strong IPO
Circle’s stock surged 168% on its NYSE debut, opening at $69 after a $31 IPO price. The strong performance reflects investor confidence in the USDC issuer, valued at $6.8 billion pre-trading.
Bitcoin Is Ageing, 900,000th Block Now Minted – Coinspeaker
Bitcoin’s 900,000th block was mined on June 6, 2025, marking a major milestone. Mining rewards have decreased from 50 BTC to 3.125 BTC due to halving events, with the next expected in 2028.
Japan’s ‘Strategy’ Metaplanet to buy 91K Bitcoin in next 18 months
Japan’s Metaplanet has increased its Bitcoin acquisition target to 100,000 BTC by 2026, up from 21,000 BTC, citing global economic shifts and Bitcoin’s strategic importance.
First Signs of Investors Shifting Away From US Markets Surge – Economics Bitcoin News
Investors are shifting from US markets due to Trump’s tariff policies, seeking stability in European markets amid growing trade war concerns.
Metaplanet Aims to Accumulate 210,000 Bitcoin by 2027
Metaplanet aims to acquire 210,000 Bitcoin by 2027, targeting 1% of BTC’s total supply. The firm plans a ¥770 billion share issuance to fund purchases, building on its current 8,888 BTC holdings.
Binance Exec Who Was Detained in Nigeria Steps Down
Binance’s head of financial crime compliance, Tigran Gambaryan, steps down after an eight-month detention in Nigeria on money laundering charges, later dropped. His departure coincides with Binance resolving US legal issues.
A New Era For Circle: CEO Jeremy Allaire Celebrates Historic IPO | Bitcoinist.com
Circle, the USDC stablecoin issuer, celebrated a historic IPO with shares surging 168%. The company’s market cap exceeded $16 billion, driven by strong revenue growth and a revitalized crypto market.
