Trump Media Expands Bitcoin Holdings To $2B.

Trump Media Expands Bitcoin Holdings To $2B.

Trump Media & Technology Group, the company behind Truth Social and Truth+ streaming, announced it now holds around $2 billion worth of Bitcoin and Bitcoin-related assets. This is part of its earlier declared Bitcoin treasury strategy, using money from stock sales and bonds.

As per the announcement, the company has about $3 billion in total liquid assets, meaning two-thirds of that is now in Bitcoin. It also set aside an additional $300 million to buy Bitcoin-related options, which it may convert into Bitcoin later depending on market trends.

Michael Saylor’s Strategy Buys $739 Million In Bitcoin.

Michael Saylor’s Strategy, the largest corporate holder of Bitcoin, on Monday said it has purchased 6,220 BTC for $739.8 million. With the latest purchase, the company has increased its bitcoin holdings to 607,770 BTC.

Strategy purchased an additional 6,220 BTC at $118,940 per Bitcoin between July 14-20, according to an official announcement on July 21. The bitcoin purchases were made using proceeds from the MSTR Class A shares, STRK, STRF, and STRD shares at-the-market offerings.

With the latest Bitcoin purchase, Strategy boosted its Bitcoin stash to 607,770 BTC, acquired for $43.610 billion at an average price of $71,756 per Bitcoin.

Meanwhile, Strategy has launched its latest fundraising vehicle for additional bitcoin purchases. The STRC Preferred Stock, nicknamed “stretch” by the company, will have an initial dividend rate of 9%. The company is looking to sell 5 million shares at $100 each for a total of $500 million.

BTCS Boosts Ethereum Holdings To Over $211M.

Blockchain Technology Consensus Solutions Inc. has increased its Ethereum holdings to 55,788 ETH—worth around $211.5 million—after acquiring 22,935 additional ETH.

The company now holds $242 million in total assets, including cash and liquid holdings.

A $10 million capital raise via convertible notes at a 198% premium supports this expansion. The move is part of BTCS’s DeFi/TradFi Accretion Flywheel strategy.

CEO Charles Allen called BTCS “the most leveraged Ethereum play in public markets.” Following the news.

DeFi Development Corp Solana Treasury Nears 1M SOL.

Nasdaq-listed firm DeFi Development Corp is now just one token away from crossing a million Solana in its treasury after its latest $198 million buy.

In a statement on Monday, DeFi Development Corp said its purchase of 141,383 Solana between July 14 and July 20 had grown its treasury to 999,999.

The recent acquisition included spot purchases, discounted locked SOL, and 867 tokens earned through staking, validator revenue, and “other onchain activity,” according to DeFi Development Corp.

Polymarket Returning To U.S. With $112M Acquisition After Prosecutors Drop Probe.

Polymarket, the crypto-powered betting platform known for its political prediction markets, is preparing a return to the U.S. after a federal investigation into its operations was dropped last week, the company said in a press release on Monday.

The New York-based company is acquiring QCX, a regulated derivatives exchange, for $112 million. The Commodity Futures Trading Commission granted QCX approval to operate on July 9, two years after first applying for a license.

The deal gives Polymarket a legal path back into the U.S., where it had agreed in 2022 to stop serving American users.

BitGo Files For US IPO As Crypto Custody Business Surpasses $100B.

Digital asset custodian BitGo has filed paperwork to pursue an initial public offering in the United States, highlighting the crypto industry’s continued push toward mainstream financial markets.

On Monday, BitGo announced it had confidentially submitted a draft registration statement on Form S-1 to the Securities and Exchange Commission for a proposed IPO of its Class A common stock. At the time of filing, no determination was made on the number of shares or price range of the stock offering.

Ethereum Unveils Symbolic NFT Torch Ahead Of 10-year Anniversary.

To celebrate its 10th anniversary, Ethereum has launched “The Ethereum Torch,” a symbolic NFT that will pass from one wallet to another daily until July 30.

Announced by the Ethereum Foundation on July 21, the torch honors key figures and values in Ethereum’s journey. Co-founder Joseph Lubin was the first holder.

After 10 days, the NFT will be burned, and a new commemorative token will be freely mintable by anyone—highlighting Ethereum’s values of inclusion and decentralization.

Coinbase Launches CFTC-regulated Perpetual Futures In The U.S.

Coinbase Financial Markets has introduced perpetual futures trading to U.S users. The platform is the CFTC-regulated arm of the leading crypto exchange, Coinbase. It is the first occasion where American retail traders can trade regulated perpetual contracts that are free of monthly expirations. The launch includes nano Bitcoin and Ether futures, requires separate approval, and has already lifted Coinbase’s stock price.

According to the Coinbase blog post, the new derivatives have no monthly expirations. Hence, traders can hold positions for up to five years.

JPMorgan Plans To Launch Crypto-backed Loans.

JPMorgan is eyeing a major expansion into crypto-backed lending and is considering offering loans secured directly by clients’ cryptocurrency assets—including bitcoin and ether, according to a report by the Financial Times.

With the bullish crypto regulatory environment under the Trump administration, JPMorgan may launch these crypto‑backed loans as soon as next year, the report said, citing people familiar with the matter.

Traditionally cautious, JPMorgan already allows clients to borrow against crypto exchange-traded funds, such as BlackRock’s iShares Bitcoin Trust.

Sequans Adds 1,264 Bitcoin To Balance Sheet Amid Growing Corporate Interest.

Sequans Communications, a France-based fabless semiconductor firm, today announced the purchase of 1,264 Bitcoin for a total of $150 million, averaging $118,659 per BTC. This latest acquisition brings the company’s total BTC holdings to 2,317 BTC.

In an announcement made earlier today, Sequans revealed it had acquired 1,264 BTC in its latest purchase. The New York Stock Exchange-listed firm now holds a total of 2,317 BTC, acquired at an average price of $116,493 per BTC, including fees.

Sequans recently closed a $384 million private placement, aimed at funding its growing Bitcoin treasury strategy.

You need to login in order to Like