IT solutions provider Oblong has unveiled plans to raise $7.5 million through a private stock sale to support its new Bittensor-driven AI and digital asset treasury initiative, according to a June 6 statement. Shares in the Nasdaq-listed firm are up 12% over the past 24 hours following the announcement. Oblong revealed that it entered a
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The Central African Republic (CAR) is pushing ahead this month with a plan to tokenize over 1,700 hectares of land on Solana, an initiative now deeply entangled with a controversial memecoin, opaque governance, and accusations of deepfakes. What began as a state-led “crypto-powered development” experiment has morphed into one of the year’s most confounding blockchain
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Circle’s CRCL shares are drawing strong interest following the company’s recent listing on the New York Stock Exchange. The firm, best known for issuing the USDC stablecoin, has seen its stock price rise sharply since launch. Data from Yahoo Finance shows Circle’s stock climbed nearly 22% in pre-market trading, reaching above $130 before retracing slightly
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The stablecoin sector has officially vaulted beyond the $250 billion milestone, according to data from defillama.com. Over the past week alone, an additional $2.51 billion has poured into the swelling ecosystem of fiat-pegged digital tokens. Stablecoins Cross $250B for the First Time Ever—What’s Next? For the first time ever, the stablecoin market has cracked the

Chainalysis, Kraken, Fireblocks and Gemini are on the list, but we might not see a redo of Circle’s success

Ethereum ETFs notch 15-day winning streak with $837M inflows as institutional investors shift focus from speculative Bitcoin to ETH infrastructure.

MEXC, a leading global cryptocurrency exchange, has released its May 2025 performance update, showcasing another strong month of growth across user acquisition, trading activity, and sectoral momentum. The platform’s global user base surpassed 40 million, up from 30 million in December 2024 — a 33% increase in just five months.

Strategy is doubling down on bitcoin with a bold $110 million buy, pushing its holdings to a staggering 582,000 BTC and turbocharging its crypto dominance. Strategy Bolsters Bitcoin Reserve With 1,045 BTC, Total Hits 582,000 Coins Software intelligence firm Microstrategy (Nasdaq: MSTR), which has rebranded as Strategy, announced on June 9 that it has acquired

The Cardano blockchain’s native cryptocurrency ADA surged by nearly 3% in the charts on Monday. It entered the…

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Strategy Buys $110 Million Worth of Bitcoin
Strategy Buys $110 Million Worth of Bitcoin
This post Strategy Buys $110 Million Worth of Bitcoin first appeared on Bitcoin Magazine and is written by Vivek Sen.