Bitcoin (BTC) — Onchain News & Whale Tracking

The U.S. electric vehicle company Mullen has announced that it will accept Bitcoin and TRUMP Meme Coin as payment.

On June 27th, as reported by Globenewswire, the US electric vehicle company Mullen (NASDAQ: MULN) announced that it will accept cryptocurrencies, such as Bitcoin and the TRUMP Meme token, as a payment method for its Mullen and Bollinger commercial electric vehicles, thus becoming one of the few automakers to accept cryptocurrency payments. Mullen also intends to extend its payment acceptance to other mainstream cryptocurrencies. Mullen CEO David Michery stated that this action will assist the company in expanding its commercial and consumer markets.

Matrixport: Bitcoin Fundamental Support Strong, Fed's Dovish Tone Provides Mild Upside Support

On June 27th, Matrixport released its weekly report which stated that during the FOMC meeting on June 18, 2025, Powell sent a hawkish signal. However, within less than a week, the overall tone of the Fed quickly turned dovish. Several directors successively expressed dovish views, and Powell himself appeared more moderate during this week's congressional hearing. This shift might have been influenced by political pressure. Shortly after the meeting, President Trump openly criticized the Fed's tightening stance, forcing the Fed to quickly revise its public communication. Inflation has dropped to 2.38%, only a step away from the Fed's 2% target, and the rationale for maintaining the status quo is gradually weakening. Last Friday, Governor Waller hinted at a rate cut discussion at the July FOMC meeting, and on Monday, Governor Bowman expressed a similar view. The Chicago Fed President Gulspie further downplayed the inflationary impact of tariffs, strengthening the market's expectation of

ElphaPex Director: SCRYPT Mining Profitability Stable, Dogecoin Miners' Daily Income Mostly Higher Than Bitcoin Miners

On June 27th, Payne Cong, the Director of Business Development at ElphaPex, shared at the "Night of the Big Dog - Hong Kong" global sales summit that SCRYPT mining has a continuously profitable ability. The daily income of Dogecoin miners is often higher than that of Bitcoin miners. Dogecoin does not have a halving cycle. The mining reward remains stable, and profits can be directly received in Bitcoin. In the future, the approval of a Dogecoin ETF and a more diversified payment ecosystem will continue to provide profit support for Dogecoin miners.

The French publicly traded company Crypto Blockchain will carry out a loan of up to 20 million euros to be used for the purchase of Bitcoin and mining equipment.

On June 27th, the French public company Crypto Blockchain Industries declared that it is going to conduct a maximum €20 million (approximately $23.4 million) non-dilutive shareholder loan. The funds obtained will be used to purchase Bitcoin and mining equipment.

The Kingdom of Bhutan's Bitcoin Reserve Reaches $1.3 Billion, Accounting for Nearly 40% of GDP

On June 27th, as reported by Coinfomania, Bhutan's Bitcoin reserve is currently valued at $1.3 billion, which accounts for approximately 40% of the country's GDP. Dennis Porter, the CEO of SatoshiActFund, referred to this as a "crypto milestone." In 2020, Bhutan initiated Bitcoin mining under the leadership of King Jigme Khesar Namgyel Wangchuck, making use of its abundant hydroelectric resources. Five years later, Bhutan has emerged as the world's third-largest government in terms of Bitcoin holdings. Ujjwal Deep Dahal, the Head of Druk Holding and Investments, stated that Bitcoin mining was a "fairly obvious choice" for Bhutan. The country currently operates at least six mining farms, with some collaborating with the Singaporean mining company Bitdeer Technologies. Bhutan plans to hold its Bitcoin reserves for the long term and has started to explore the use of cryptocurrency in daily life. In May of this year, Bhutan launched a tourist payment system that supports more than 100 c

Analysis: Bitcoin Double Top Pattern Warrants Caution, But Full-On Crash Unlikely

On June 27th, Luca Tischhauser, who is the Head of Investment Research at the digital asset bank group Sygnum, stated in an interview with CoinDesk: "Owing to the difficulties encountered in fundamental valuation, the cryptocurrency market is mainly driven by sentiment. Thus, caution should be exercised regarding technical signals like the double-top pattern that is currently emerging." However, a market-wide collapse would demand a catalyst similar to the 2022 Terra crash or the FTX flash crash. Unless a comparable black swan event takes place, considering the current political and regulatory support as well as the continuous inflow of institutional capital, we may witness an extended bull market cycle."

Yesterday's US Bitcoin Spot ETF saw a net inflow of $2.267 billion

On June 27th, as monitored by Farside Investors, yesterday the net inflow of the US Bitcoin spot ETF was $226.7 million. Among them, the net inflow of BlackRock's BIT was $163.7 million.

A certain Wise Trader liquidated a 40x long position on Bitcoin this morning and entered a 20x long position on Solana.

A certain whale sold 32.71 WBTC this morning when Bitcoin dropped below $108,000.

On June 27th, according to on-chain analyst Ai Auntie (@ai_9684xtpa), 5 hours ago, Whale 0x144...6124C liquidated a 32.71 WBTC position that had been held for a month and a half. The position was worth approximately $3.51 million, and the whale realized a profit of $68,000.

Bitcoin Mining Firm Bit Digital Raises $150 Million to Purchase ETH, Plans to Exit BTC Mining Soon

On June 27th, the Bitcoin mining firm Bit Digital has managed to raise $150 million through a public offering. This is aimed at accelerating its transformation from Bitcoin mining to Ethereum staking and treasury management. The company issued 75 million shares of stock at a price of $2 per share. Additionally, there are 11.25 million shares available to the underwriters through a 30-day option. The funds obtained from this offering will be utilized to acquire Ethereum, which marks one of the largest public commitments to an ETH treasury to date. This fundraising round has officially consolidated the company's strategic exit from the Bitcoin mining business. The plan is to either sell or gradually wind down this operation. As of March 31st, Bit Digital held approximately 24,434 ETH and 418 BTC. It has the intention to convert its entire Bitcoin holdings into Ethereum over time.

Coinbase CEO: We Are Buying More Bitcoin Every Week

On June 27th, Brian Armstrong, the CEO of Coinbase, responded on social media to the statement "Coinbase needs to build a proper Bitcoin vault" by stating, "We are purchasing more Bitcoin every week."

U.S. Stock Market Listed Company Bakkt Plans to Raise $1 Billion, Partially for Bitcoin and Other Digital Asset Investments

On June 27th, as per a filing submitted to the SEC by Bakkt Holdings, which is the parent company of the US-listed Bakkt. The company may from time to time carry out one or more offerings of securities. The number, price, and terms of these offerings will be determined at the time of the offering. And the aggregate offering price of the securities sold will not exceed $1 billion. The filing stated that in June 2025, Bakkt updated its investment policy, enabling it to allocate funds to Bitcoin and other digital assets based on market conditions and expected liquidity needs. This is part of Bakkt's broader financial and corporate strategy. Bakkt may utilize excess funds to purchase Bitcoin or other digital assets. The filing also mentioned that Bakkt plans to explore additional opportunistic financing alternatives, such as the issuance of convertible notes, bonds, or other debt instruments. The purpose is to acquire Bitcoin or other digital assets or make other investments in line with

Total Bitcoin Open Interest Across All Exchanges Reaches $73.77 Billion

On June 27th, based on Coinglass data, the total open interest of Bitcoin futures contracts on the chain amounts to 687,990 BTC (approximately $73.77 billion). Among them, the open interest of CME's Bitcoin futures contract is 163,180 BTC (approximately $17.49 billion), ranking first. Binance's Bitcoin futures contract open interest is 111,130 BTC (approximately $11.91 billion), ranking second.

White House Digital Asset Policy Advisor: U.S. is Working on Building Strategic Bitcoin Reserve Infrastructure

On June 26th, FOX Business reporter Eleanor Terrett declared that Bo Hines, the White House Digital Asset Policy Advisor, confirmed that the United States is engaged in the construction of infrastructure for a strategic Bitcoin reserve. He pointed out that although the executive order issued by Trump in March of this year did not mandate the Treasury Department to disclose a report on the current quantity of Bitcoin (BTC) held by the U.S. government, the U.S. government may choose to make this information public. Additionally, he added that the U.S. government is "highly inclined" to increase its Bitcoin holdings in a budget-neutral manner.

The FBI arrested the dark web hacker "IntelBroker" in a sting operation using $250 worth of Bitcoin to lure and capture the hacker selling stolen data.

June 26th. As per Cointelegraph, a man from the UK has been charged for his activities on a cybercrime forum under the alias "IntelBroker". He is accused of selling stolen data, resulting in losses exceeding $25 million. The US Attorney's Office in the Southern District of New York announced the indictment of Kai West. West is said to have engaged in illegal activities under the alias IntelBroker on the dark web black market, causing victims to lose over $25 million. West conspired with a cyber gang named CyberNers* to steal data from multiple companies, such as a telecommunications company, a municipal healthcare provider, an internet service provider, and more than 40 other companies. According to the indictment, an undercover law enforcement officer once sent a direct message to "IntelBroker" seeking to purchase a victim's data for $250 worth of Bitcoin (BTC). The other party provided an address associated with West. After making the payment, the data was delivered, which is said

Genius Group announces that half of any future lawsuit winnings will be used to purchase Bitcoin

On June 26th, according to the report from globenewswire, the New York Stock Exchange-listed company, Genius Group Limited, announced today that its board of directors has given the approval to a profit distribution plan. In this plan, any future net proceeds obtained from successful legal actions will be divided equally into two parts. Half of the proceeds will be distributed to shareholders, and the other half will be used to purchase Bitcoin in order to strengthen the company's Bitcoin reserves. Genius Group's CEO, Roger Hamilton, stated: "The company is currently engaged in two legal cases. One case has been filed, and the other case is about to be submitted. The total claim amount of these two cases exceeds $1 billion. Since both of these lawsuits are aimed at recovering the direct losses suffered by our shareholders from third parties, the board believes that once the cases are won, all the proceeds should be used 100% directly for shareholder distribution or reinvestment in ord

If Bitcoin drops below $105,000, the mainstream CEX long liquidation pressure will reach 649 million.

On June 26th, according to Coinglass data, in the event that Bitcoin drops below $105,000, the cumulative intensity of long liquidation on mainstream CEX will reach 649 million. Conversely, if Bitcoin exceeds $109,000, the cumulative intensity of short liquidation on mainstream CEX will reach 401 million. BlockBeats Note: The liquidation chart does not provide the exact number of contracts awaiting liquidation or the exact value of contracts that have been liquidated. The bars on the liquidation chart actually represent the significance of each liquidation cluster in relation to neighboring liquidation clusters, that is, intensity. Therefore, the liquidation chart shows to what degree the price of the underlying asset will be impacted when it reaches a certain level. A higher "liquidation bar" indicates that the price will experience a more intense reaction due to a liquidity cascade when it reaches that level.

Bitcoin Price Drops to $107,000

On June 26th, based on HTX market data, Bitcoin dropped to reach $107,000. Currently, it is trading at $107,021, with a 24-hour decline of 0.11%.

Glassnode: Bitcoin Key Structural Support Range Still $93k to $100k

On June 26th, Glassnode put out a post that said, "The range from $93,000 to $100,000 still serves as a crucial structural support area for Bitcoin (BTC). A substantial amount of funds were accumulated in this area during the first quarter. Even in the face of short-term volatility, if the price can stay above this range, it suggests that the overall upward structure remains firm."

Canadian publicly traded company Bitcoin Treasury Capital has purchased approximately $7 million worth of Bitcoin.

On June 26th, the publicly traded Canadian company Bitcoin Treasury Capital announced that it had invested approximately $7 million (approximately 66 million Swedish Krona) to purchase 66 bitcoins, with an average purchase price of around $105,270, thereby commencing its long-term treasury management strategy.

Analyst: Bitcoin is currently forming a "bull flag" pattern, and a breakout is expected to lead to a new all-time high.

On June 26th, CoinDesk analyst and Chartered Market Technician Omkar Godbole stated that the present Bitcoin price chart presents a well-formed "bullish flag pattern," suggesting a potential breakthrough to a new all-time high. This is in line with some traders' expectations of a price increase to $140,000 or even higher. Nevertheless, a breakthrough of $109,000 is currently required to confirm the bullish breakout, which would open the way for a price increase to $146,000. Omkar Godbole explained that the bullish flag pattern represents a consolidation phase with narrow trading ranges and low volume following a sharp upward movement. The magnitude and duration of this consolidation are generally smaller than the previous uptrend, which helps to alleviate short-term overbought conditions and enables bulls to accumulate strength for the next upward leg.

Analyst: Bitcoin LTH/STH Holder Ratio Continues to Rise, Potentially Signaling Another One-Sided Bull Run

On June 26th, CryptoQuant analyst Axel posted on social media, indicating that during this bull run, Bitcoin's long-term holders (LTH) have constantly augmented their holdings prior to each significant price surge. The first instance of this phenomenon occurred near $28,000: after a period of 1 to 2 months during which the LTH's holdings witnessed an increase relative to short-term holders (STH), it ultimately led to a price breakthrough to $60,000. The second similar accumulation took place during the consolidation phase around $60,000, which served as the driving force for the subsequent upward movement to $100,000. Currently, at the crucial $100,000 level, a continuous increase in the LTH/STH holding ratio has been noticed: this accumulation stage may persist for another 4 to 8 weeks. Referring to the patterns of the previous two cycles, there is a high likelihood of a strong uptrend following. By using a relatively conservative multiplier of 1.6x, the next target range for the u

The Smarter Web Company has raised approximately $56.5 million in funding, intended to be used to purchase more Bitcoin.

On June 26th, The Smarter Web Company, a technology firm listed in London, raised approximately $56.5 million by means of an accelerated bookbuilding and a subscription in order to purchase more Bitcoin. The bookbuilding ordinary shares and the subscription ordinary shares will be fully paid at the time of issuance and will have the same rights in all aspects as the company's existing ordinary shares. These rights include but are not limited to the right to receive all dividends and other distributions that are declared, paid, or made on or after the issue date.

Australian publicly listed AI company Opyl Limited has purchased approximately $210,000 worth of BTC and announced the adoption of a Bitcoin financial strategy.

On June 26th, the Australian ASX-listed AI biotech company Opyl announced the implementation of a Bitcoin Treasury strategy to extricate itself from a financial predicament. The company acquired approximately 2 BTC, which was worth around $214,500, by means of DigitalX's Bitcoin ETF listed on the ASX. It received non-dilutive loan support from Tony G, the chairman of the blockchain company SOL Strategies. The maximum loan limit was $1.3 million, and the annual interest rate was 6.5%. At the end of the first quarter, Opyl only had $64,000 in cash. (Decrypt)

Australia's Monochrome Physical Bitcoin ETF's BTC holdings rise to 905 coins

On June 26th, according to official information, the Monochrome Spot Bitcoin ETF (IBTC) in Australia disclosed that as of June 25th, its holdings amounted to 905 bitcoins, and the total holding value was approximately 148 million Australian dollars.

Metaplanet's Bitcoin Holdings Surpass Tesla's, Rising to 7th Place Among Publicly Traded Companies

On June 26th, based on the data from bitcointreasuries, Metaplanet's holdings of Bitcoin have increased to 12,345 coins. This has exceeded Tesla's 11,509 coins, thereby moving Metaplanet to the 7th position in terms of corporate holdings.

Yesterday, the net inflow into the U.S. Bitcoin Spot ETF was $5.477 billion

On June 26th, according to Farside Investors. The net inflow of the US Bitcoin spot ETF yesterday was $547.7 million. IBIT received a net inflow of $340.3 million and FBTC received a net inflow of $115.2 million.

U.S. publicly traded company Nano Labs to increase its holdings by 600 Bitcoins, bringing total holdings to 1000 Bitcoins

On June 26th, as per official information, the Nasdaq-listed company Nano Labs announced that it has just obtained 600 Bitcoins (approximately $63.6 million) in the first round of investment of its $500 million convertible bond deal. Currently, the company has 1,000 Bitcoins in its treasury reserves.

Moscow Exchange will launch a cryptocurrency fund and structured bond to follow up on the launch of Bitcoin futures

On June 26th, according to Cryptonews, Vladimir Krekoten, the Managing Director of the Moscow Exchange, disclosed that after the launch of Bitcoin futures on June 4th, the exchange is scheduled to introduce futures contracts based on a Bitcoin index and is getting ready for a cryptocurrency index fund and structured bonds. Krekoten stated that the market enthusiasm has led the exchange to expedite the launch of more crypto derivatives. Currently, they are in negotiations with asset management companies to launch a cryptocurrency index mutual fund and structured bonds, which can be implemented once regulatory approval is obtained. The exchange has also formulated a new Bitcoin index as the underlying asset for derivatives, and the related calculations began on June 10th. Data indicates that the trading volume of the platform's first Bitcoin futures (linked to the BBA IBIT ETF and settled in rubles) reached 7 billion rubles (approximately $89.45 million) in the first three weeks, attrac

Sixty Six Capital has purchased 18.2 BTC and plans to raise up to $2.5 million to further accumulate Bitcoin.

On June 26th, the Canadian listed company Sixty Six Capital announced the acquisition of 18.2 bitcoins. Previously, the company held 113 bitcoins through a bitcoin ETF. It will now convert these ETF shares into directly held bitcoins. The company also announced that it will conduct a private placement financing with the aim of raising up to $2.5 million to further enhance its bitcoin holdings.

Bitcoin.com: The First Batch of Bitcoin Alpha Projects is Set to Go Live on the Bitcoin Lightning Network, Early Users to Enjoy Up to 10X Loyalty Points Boost

On June 25th, according to official information, the Bitcoin Lightning Network project launched by Nubit has initiated the "Bitcoin Alpha" mission system. It is open to all Bitcoin network users without any discrimination. Early users have the chance to receive a 10-times mission point multiplier bonus. Earlier this month, the cryptocurrency project WLFI of the Trump family officially integrated its stablecoin USD1 into the Bitcoin Lightning Network. There have been over 4 million Bitcoin on-chain transactions processed through the Lightning Network and more than 250,000 individual users. As the only native acceleration solution for the current Bitcoin network and the sole stablecoin circulation channel, the Lightning Network has launched Bitcoin Alpha to promote the development of Bitcoin ecosystem projects. It encourages users to accumulate Alpha points by participating in Bitcoin network activities. Currently, in the first phase of Bitcoin Alpha, more than 50 teams have submitted

Bitcoin Price Surges, Breaks $108,000 Mark Temporarily

On June 25th, according to HTX market data, Bitcoin experienced a short-term spike and broke above $108,000. It is currently trading at $107,903.

ProCap BTC has announced an additional purchase of 1208 Bitcoin, bringing their total holdings to 4923 BTC.

On June 25th, as per the report on globenewswire, American investor and entrepreneur Anthony Pompliano announced today that the Bitcoin-native financial services company ProCap BTC, LLC has acquired 1,208 bitcoins at a time-weighted average price (TWAP) of $105,977. As a result of this acquisition, the company's bitcoin holdings on the balance sheet have reached 4,932 bitcoins. This purchase forms part of the company's ongoing Bitcoin acquisition plan. The company promptly deployed the raised funds to augment its bitcoin holdings, enabling equity investors to have exposure to bitcoin assets right from the start of self-financing. As a long-term strategy, the company will continue to increase its bitcoin holdings, and it is anticipated that upon the completion of the business merger, the value of bitcoin holdings on ProCap Financial's balance sheet will reach $1 billion. BlockBeats had previously reported that ProCap BTC announced yesterday the purchase of 3,724 bitcoins at an average

Matador Technologies increases its holdings to 8.4 Bitcoins, bringing the total position to 77 Bitcoins

On June 25th, Matador Technologies (TSXV: MATA | OTCQB: MATAF | FSE: IU3) announced that it had acquired 8.4 bitcoins at an average price of $104,914, increasing its total holdings to 77 bitcoins and equivalent assets. The company indicated that this action is part of its long-term Bitcoin Treasury Reserve Strategy and is in line with its investment in India's first Bitcoin-native Treasury Company, HODL Systems. Matador Technologies positions itself as a "Bitcoin Ecosystem Company" and believes that "the future of finance is Bitcoin on the balance sheet."

Tether CEO: By the end of 2025, Tether is expected to become the largest Bitcoin mining enterprise

On June 25th, according to The Block, Paolo Ardoino, the CEO of Tether, stated in a podcast appearance that by the end of 2025, the company is going to become the largest Bitcoin mining enterprise. It is reported that the team of the stablecoin issuer Tether has less than 200 people. However, in 2024, it generated approximately $13 billion in profit. In recent years, the company has made significant investments and actively entered several other fields, including artificial intelligence, telecommunications, data centers, energy infrastructure, and Bitcoin mining. Ardoino mentioned that Tether's ambition in Bitcoin mining is not only for commercial gain but also more of a strategic fit with its core asset exposure. Ardoino recently disclosed that the company holds more than 100,000 BTC and needs to join a "Bitcoin mining security team" to assist in protecting its over $10 billion Bitcoin investment.

Norwegian mining company Green Minerals has purchased 4 bitcoins to complete its first buy-in.

Update: On June 25th, based on an official announcement, the Norwegian mining company Green Minerals AS officially stated that it had purchased 4 Bitcoins (BTC) on June 25th, 2025, with a total value of approximately 4.25 million Norwegian Krone. The company had previously announced on June 23rd that it was implementing a Bitcoin reserve strategy as part of its overall blockchain strategy.

Metaplanet raised $515 million through a new stock issuance to increase its Bitcoin holdings.

On June 25th, the Japanese listed company Metaplanet announced that it had issued 54 million shares for the first time by exercising the 20th series of stock warrants. It successfully raised 74.9 billion yen (approximately $515 million) in equity capital to purchase a greater amount of Bitcoin. This issuance accounted for 29% of the company's warrants, and there were approximately 1.31 million warrants (approximately 131 million shares) remaining to be exercised. Previously, Metaplanet had planned to issue a total of 555 million new shares (92% of the outstanding shares) to raise $5.4 billion for Bitcoin acquisitions.

K33: Bitcoin Spot ETF Fund Flow Highly Correlated with Bitcoin Price, Financial Reserve Company Impact Tending Towards Neutral

On June 25th, according to The Block, the digital asset brokerage and research firm K33 stated that there exists a high correlation between Bitcoin ETF inflows and price returns. This is in sharp contrast to some companies that have incorporated Bitcoin into their financial reserves. The buying behavior of these companies tends to have a neutral impact on the market. Vetle Lunde, the research director at K33, pointed out in a report on Tuesday that some analysts have started to question whether ETF inflows can still influence prices. However, the latest data indicates that the Bitcoin price remains closely correlated with ETF inflows, with an R2 value as high as 0.80, explaining approximately 80% of the variance in Bitcoin returns over the past 30 days. In contrast, the impact of Bitcoin treasury reserve companies on the price is more complex. Lunde noted that the latest data shows a weaker correlation between corporate Bitcoin purchases and market returns. While companies like Strate

Bitcoin Breaks $107,000

On June 25th, based on HTX market data, Bitcoin saw a rebound and surpassed $107,000, with a 24-hour price increase of 1.63%.

Gold mining company Bluebird Mining has completed a $2.72 million financing round, with $1.36 million allocated to purchase Bitcoin

On June 25th, Bluebird Mining, a gold mining company, has completed a ￡2 million ($2.72 million) financing round and has set aside ￡11 million ($13.6 million) to purchase Bitcoin in order to implement a Bitcoin treasury strategy.

Glassnode: Bitcoin Embraces its Growing Macro Asset Narrative, Rising with Risk Appetite and Falling with Market Pressure

On June 25th, Glassnode made a post on Platform X, stating, "Since 2022, Bitcoin's beta in relation to Global Liquidity (GLI) and the stock market (such as SPY/QQQ) has been continuously increasing. At the same time, its beta with Credit Stress (High-Yield Bond Spread HY OAS) has shown a more negative correlation. This suggests that BTC is increasingly resembling a macro asset: it rises during periods of risk appetite and falls during times of heightened market stress."

Publicly traded company Done.AI has announced plans to allocate approximately $2 million to purchase Bitcoin.

On June 25th, the publicly traded company Done.AI has begun to integrate blockchain infrastructure assessment as a strategic addition to its AI-native financial platform. As part of this move, the company will set aside 20 million Norwegian Krone (approximately 2 million USD) to purchase Bitcoin, and the transaction is expected to be completed soon. The company will also investigate the feasibility and integration of stablecoins, equity tokenization, and digital securities infrastructure.

The Blockchain Group has raised approximately 4.1 million euros to advance its Bitcoin Treasury strategy.

June 25th. As per official channels, The Blockchain Group, which is the first Bitcoin reserve company in Europe, declared that the "ATM-type" capital increase plan signed with TOBAM has set off a new round of capital increase activities. The purpose is to continuously push forward its Bitcoin treasury strategy, with the core objective of gradually enhancing the per-share Bitcoin holdings on a fully diluted basis. The CEO of The Blockchain Group has determined to carry out this round of capital issuance. The total amount is 4,071,368.65 euros (including the issuance premium), achieved through the issuance of 800,690 common shares, and the average subscription price is approximately 5.085 euros per share.

Arizona to Enact Bitcoin Reserve Bill HB2324, Awaiting Governor's Signature

On June 25th, as per Bitcoin Laws, Arizona has approved the "Bitcoin Reserve" bill HB2324. The purpose of this bill is to set up a reserve for safeguarding assets acquired through criminal asset forfeiture. If Governor Hobbs signs this bill, it will become the second reserve-related bill officially enacted in Arizona.

U.S. Bitcoin Spot ETF Recorded Net Inflows of $5.886 Billion Yesterday

On June 25th, based on Farside's monitoring data, the net inflow of the US Bitcoin spot ETF was $5.886 billion the previous day.

The UK publicly traded company TAO Alpha is planning to raise ￡100 million to support its Bitcoin treasury policy.

On June 25th, according to Morningstar, the UK-listed company TAO Alpha PLC announced its intention to launch a second round of convertible loans with the aim of raising at least ￡1 billion. It is reported that TAO Alpha has set up a subsidiary in Singapore, Tao Alpha PTE. LTD, to hold its reserve assets. Under the new policy, the company is allowed to hold up to two-thirds of its cash in the form of Bitcoin and stablecoins. The finalization of the latest fundraising terms is expected to take place in mid-July.

Bitcoin Dominance Reaches 62%, Institutional Investors Continue to Favor Blue-Chip Cryptocurrency

On June 25th. Following a substantial decline in May, during which Bitcoin dropped by as much as 59%, its market dominance has now rebounded to 62%. This metric indicates the percentage of Bitcoin's market capitalization in relation to the total cryptocurrency market capitalization and serves as a crucial indicator for gauging market sentiment and potential price movements of altcoins. Generally, a lower Bitcoin dominance implies an increasing interest among investors in altcoins. The current upward trend in market dominance shows that capital inflows still favor Bitcoin, with limited focus on smaller cryptocurrencies, which may delay the initiation of a broader altseason. This recent increase in market dominance reflects the growing attention from Wall Street towards cryptocurrencies, resulting in a divergence in investment patterns. Although there is an increasing interest from traditional financial institutions in cryptocurrency, this enthusiasm is mainly concentrated on Bitcoin.

New York Stock Exchange Submits Truth Social Bitcoin and Ethereum ETF Application to U.S. SEC

On June 25th, the New York Stock Exchange submitted the 19b-4 filing to the U.S. SEC in relation to the Bitcoin and Ethereum ETF of Truth Social.

Bitcoin Breaks $106,000, Up 5.6% in 24 Hours

On June 25th, based on HTX market data, Bitcoin surged past $106,000, witnessing a 24-hour price increase of 5.6%.

Powell: Fed Has No Authority or Intention to Purchase Bitcoin

On June 25th, Federal Reserve Chair Powell stated: The Federal Reserve neither has nor is it seeking the authority to purchase Bitcoin. (Xinhua Finance)