Tether Takes Control Of Twenty One Capital After Buying Out SoftBank

Tether International has acquired SoftBank’s entire stake in Twenty One Capital, the Bitcoin treasury company co-founded by Jack Mallers, consolidating control over one of the most prominent public Bitcoin vehicles to emerge in the past year. The transaction, announced May 20, removes the last major outside ownership bloc from Twenty One’s founding three-party structure. SoftBank’s … Read more

Bitcoin Mining Is Dead, Long Live The Miners!

As I write this, Bitcoin is coming off of conceivably its worst week ever. It started out with the January 31, 2026 release of batch number two of the Epstein files, which implicated none-too-few Bitcoiners and early stage Bitcoin companies (I wonder, will we still be talking about Epstein in 2036?). The release now reads … Read more

VerifiedX Brings Native Bitcoin Redemption And FROST Privacy To Base DeFi With Fireblocks Integration

The VerifiedX foundation has announced the launch of vBTC.b on Base with support for Fireblocks, aimed at bringing Bitcoin’s digital gold qualities and world-class brand recognition to Defi and the Institutional self-custody markets.   According to a press release shared with Bitcoin Magazine, VerifiedX is the first “Non-Synthetic Bitcoin Asset” with built-in native bitcoin redemption, compatible … Read more

Hunter Biden Now Accepts Bitcoin For Artwork On His Official Website

Hunter Biden, the son of former President Joe Biden, is now accepting Bitcoin as payment for his artwork on his official website.  The homepage of Hunter Biden’s official website, hunterbiden.com, features his signature bright, large-scale floral paintings, while the footer now includes a simple but striking notice: “BITCOIN ACCEPTED,” listed alongside links to the site’s … Read more

Minnesota Law Opens Crypto Custody To Banks, Credit Unions

Minnesota has become the latest state to grant banks and credit unions the legal authority to offer cryptocurrency custody services, a move that proponents say ends years of regulatory ambiguity that kept institutions on the sidelines of a market now worth trillions. Governor Tim Walz signed HF 3709 into law. The legislation takes effect August … Read more

Bitcoin Becomes Lifeline For Activists As HRF Unveils ‘Bitcoin For Nonprofits’ Guide

The Human Rights Foundation’s Freedom Tech program released a new playbook for movements that are learning to rely on Bitcoin when hostile governments weaponize banks and payment networks against them. Titled “Bitcoin for Nonprofits: A Guide To Help Your Movement Achieve Financial Freedom,” the publication targets civil society organizations, grassroots groups, and activist networks that … Read more

Strive (ASST) Stacks Another 382 BTC, Total Treasury Climbs To 15,391 Bitcoin

Strive, Inc. (Nasdaq: ASST) has acquired an additional 382 bitcoin for approximately $30.3 million, paying an average cost of roughly $79,348 per coin, according to an 8-K filing with the U.S. Securities and Exchange Commission. The purchase, executed between May 13 and May 18, lifts the Dallas-based Bitcoin treasury and asset management firm’s total holdings … Read more

Canaan (CAN) Wins Contract To Supply Crypto Mining Heat To Nordic District Heating Network

Canaan Inc. (NASDAQ: CAN), the Bitcoin mining equipment manufacturer, has secured a contract to provide heat-recovery computing infrastructure to a district heating network in the Nordic region, the company announced today. The deal centers on Canaan’s Avalon A1566HA hydro-cooled mining units, which capture thermal output from Bitcoin mining operations and redirect it as hot water … Read more

TD Cowen Raises Strategy (MSTR) Price Target To $400 On Bitcoin Accumulation And Balance Sheet Shift

TD Cowen has raised its price target on Strategy (MSTR) to $400, pointing to strong bitcoin accumulation and a shift in financing strategy as key drivers of potential upside. With shares trading near $166, the new target implies a gain of more than 140%. The brokerage maintained its buy rating, citing faster-than-expected bitcoin purchases and … Read more