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Strategy is currently at a unrealized loss of $195 million (-0.3%), while Bitmine is at a unrealized loss of $6.39 billion (-35.7%).

2 hours ago

As of April 20: - Strategy holds 815,061 BTC (valued at $61.363 billion), with an average cost basis of $75,527 per BTC. Unrealized loss: $195 million (-0.3%), as current BTC prices hover near its cost basis. - Ethereum treasury firm Bitmine (BMNR) purchased ~101,627 ETH last week at $2,305 per ETH, totaling $2.34 billion. - Bitmine now holds 4,976,485 ETH (valued at $11.505 billion), with an average cost basis of $3,596 per ETH. Unrealized loss: $6.39 billion (-35.7%). ### Notes on U.S. English adaptation: 1. Used **"as of"** for clear date framing (standard in U.S. financial updates). 2. Simplified phrasing (e.g., "valued at" instead of redundant "with a total of" for asset worth). 3. Used **"cost basis"** (common U.S. financial term for average purchase price). 4. Abbreviated units ($B for billion, $M for million) for brevity (standard in U.S. finance). 5. Split into bullet points for scannability (typical of U.S. news/finance alerts). 6. Kept "~" for "approximately" (casual, widely used in U.S. quick updates). 7. Avoided over-formality (e.g., "the firm" → implied via context, common in concise U.S. content).
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Tether Leads $8 Million Strategic Round for Asset Tokenization Company KAIO to Onboard UAE Fund Onto the Blockchain

April 20 – Abu Dhabi-based regulated tokenization infrastructure firm KAIO has closed an $8 million strategic funding round led by Tether, with participation from multiple crypto and institutional investors, pushing total funding to $19 million. New backers include Systemic Ventures, Further Ventures, and Laser Digital; existing shareholders such as Brevan Howard Digital also participated in the round. KAIO aims to tokenize traditional fund products from firms including BlackRock, Brevan Howard, and Hamilton Lane, lowering the entry barrier to just $100 for eligible investors. The firm plans to expand into credit, structured products, and ETFs, and partner with Mubadala Capital—a UAE-based private equity giant with $385 billion in assets under management—to launch on-chain funds. Tether CEO Paolo Ardoino noted that KAIO will tokenize institutional-grade assets to boost accessibility, creating new avenues for capital formation and investment. KAIO’s platform integrates a compli

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ZachXBT Questions Kraken Listing of Coin M, Alleging Insider Trading

April 20th: On-chain sleuth ZachXBT tweeted, raising questions about Kraken’s launch of spot trading for M (Memecore) on July 3, 2025. ZachXBT noted that $7.9 million in suspicious funds were withdrawn from Kraken to 18 newly created addresses, which now hold a combined 11.7 million M tokens—worth $39.8 million at current rates. Insiders have pumped the token’s price to a $6 billion market cap, with a fully diluted valuation of $18 billion. Kraken is among the few platforms supporting spot trading for M. In a recent announcement, the project team only highlighted one “achievement”: $66 million in total trading volume on its Launchpad, plus the claim of thousands of “users” from its incentivized InfoFi event.

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Trump: It doesn't matter if Iran is not involved in the negotiations, the bomb will explode when the ceasefire agreement expires

April 20 When asked if Iran was open to negotiations, Trump said he didn’t know—and that Iran should be ready to negotiate. Trump also noted that if the ceasefire agreement expires, a “bomb” will go off. He added it’s “okay” if Iran doesn’t participate in the ongoing negotiations in Pakistan. Discussions on Iran’s nuclear program will occur during those talks. (PBS)

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CoinDesk: Coinbase is Exploring Tokenization and Distribution of US Stocks with Bybit

April 20th — CoinDesk, citing sources familiar with the matter, reported Wednesday that Coinbase is partnering with crypto exchange Bybit to explore tokenization, custody, and distribution of U.S. publicly traded stocks, pre-IPO equities, and other assets. Sources added the ongoing discussions do not involve any equity acquisitions or similar transactions. Bybit’s U.S. market entry centers on a new entity led by former co-CEO Helen Liu, which is collaborating with an undisclosed local partner that provides licensing and compliance services — not Coinbase. Both Bybit and Coinbase declined to comment, per CoinDesk.

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「Whale Trader Profits $44.61 Million from ETH Leveraged Trade in Two Months」 Closes Partial ETH Long Position, Gains $695,000

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