Bitcoin Gets Its Next Institutional Backer as Pompliano’s ProCap Debuts on Nasdaq
ProCap Financial, led by Bitcoin advocate Anthony Pompliano, launches with $750M in capital via a $1B SPAC merger. The company aims to build the next major public Bitcoin treasury.
Bitcoin Maximalism on Trial: MicroStrategy Faces $6B Loss and Class Actions
MicroStrategy is under legal fire after a $5.9 billion Bitcoin loss triggered multiple class action lawsuits. Yet Michael Saylor is doubling down with hints of more BTC purchases.
Ukraine’s Bitcoin Bet: Lawmakers Push to Add Crypto to National Reserves Amid War Economy
Ukrainian lawmakers have introduced a groundbreaking bill that would allow the central bank to hold Bitcoin and other virtual assets in the country’s official reserves. Amid war-related financial strain, the proposal positions Ukraine as a potential pioneer in sovereign crypto adoption, though not without raising regulatory and economic concerns.
Paris Saint-Germain Adds Bitcoin to Treasury in Historic First for Football
Paris Saint-Germain has become the first major football club to add Bitcoin to its treasury. The move marks a new phase in crypto adoption in sports.
From Meme Stock to Bitcoin Whale: GameStop Makes $513M Crypto Bet
GameStop has purchased 4,710 BTC for $513 million, joining the ranks of corporate Bitcoin holders. The move signals a strategic shift toward digital asset reserves.