BlackRock’s Bitcoin ETF Surpasses 700,000 BTC Milestone
BlackRock’s iShares Bitcoin Trust (IBIT) has officially topped 700,000 BTC in holdings, now valued at roughly $75.5 billion. The surge follows a fresh $164.6 million inflow recorded on Monday, highlighting sustained investor interest. According to Thomas Fahrer, co-founder of Apollo, IBIT’s total Bitcoin holdings have reached 700,307 BTC. The latest data from BlackRock’s own site […]
Metaplanet Targets Digital Bank Buyout in Next Phase of Bitcoin-Fueled Expansion
Japanese investment firm Metaplanet is preparing to shift gears from Bitcoin accumulation to acquisition mode, with ambitions to purchase revenue-generating businesses—including a possible digital banking venture in Japan. Speaking to the Financial Times, CEO Simon Gerovich outlined the company’s aggressive Bitcoin-centric strategy. “We’re in a Bitcoin gold rush,” he explained. “Our goal is to build […]
TON’s UAE Golden Visa Misstep Underscores Importance of Legal Due Diligence
A recent miscommunication by The Open Network (TON) Foundation concerning a “golden visa” initiative in the United Arab Emirates (UAE) has sparked a broader conversation about the importance of legal vetting in crypto-related announcements, according to legal experts. Irina Heaver, founder of NeosLegal and a UAE-based lawyer, said the incident serves as a clear example […]