South Korean media firm to raise $500M for Bitcoin treasury
South Korean firm K Wave Media plans to raise $500M to fund a Bitcoin treasury strategy, inspired by Metaplanet and MicroStrategy, aiming to integrate BTC into its core business operations.
BlackRock’s Bitcoin ETF futures go live on Moscow Exchange as fund surpasses $70 billion AUM
Moscow Exchange launched Bitcoin futures tied to BlackRock’s IBIT ETF, available for qualified investors. The contracts are settled in rubles and expire in 2025. IBIT has surpassed $70 billion in assets under management.
Spanish coffee chain Vanadi seeks financial jolt with €1 billion Bitcoin gamble
Spanish coffee chain Vanadi plans a €1 billion Bitcoin investment to transform into a Bitcoin-centric firm, sparking a 19.93% stock surge amid financial struggles and skepticism.
Huma Joins the Global Dollar Network to Advance Stablecoin Adoption on Solana
Huma joins the Global Dollar Network to boost stablecoin adoption on Solana, leveraging USDG’s regulatory compliance and Solana’s speed for global payments and PayFi solutions.
North American Clean Energy Developer Solarbank Integrates Bitcoin Treasury Strategy – News Bytes Bitcoin News
Solarbank, a North American clean energy developer, has adopted bitcoin as part of its treasury strategy to hedge against inflation and currency debasement, partnering with Coinbase Prime for custody.
Blockchain can end the food fraud crisis, but it’s a costly battle
Blockchain technology could combat the $50 billion global food fraud crisis by ensuring transparency, but high costs, scalability issues, and regulatory hurdles hinder widespread adoption.
Riot Hires Data Center Chief as Bitcoin Miner Ramps Up HPC and AI Hosting Plans – Mining Bitcoin News
Riot Platforms appoints Jonathan Gibbs as Chief Data Center Officer to expand its high-performance computing and AI hosting services alongside Bitcoin mining operations.
Meta signs 20-year nuclear energy deal to power AI
Meta signs a 20-year deal with Constellation to purchase 1.1 gigawatts of nuclear energy from Illinois’ Clinton plant to power its AI and data centers, preserving jobs and reducing emissions.
Ethereum Co-Founder in Talks With ‘Major Sovereign Wealth Funds’—Will They Buy ETH? – Decrypt
Ethereum co-founder Joe Lubin discusses talks with major sovereign wealth funds and banks about building on Ethereum, hinting at potential ETH investments and a new decentralized financial system.
Nasdaq-listed EdTech firm Classover to raise $500M for Solana treasury push
Classover, a Nasdaq-listed EdTech firm, plans to raise $500M to build decentralized platforms on Solana, highlighting Solana’s growing institutional adoption for real-world utility beyond speculation.
