Brevan Howard became the largest institutional shareholder of BlackRock’s iShares Bitcoin Trust (IBIT) by increasing its holdings by 71% between the first and second quarters of 2025. According to a filing with the US Securities and Exchange Commission (SEC) of its latest 13F form, the hedge fund now holds approximately 37.5 million IBIT shares valued…
Major Wall Street institutions, including Wells Fargo, Cantor Fitzgerald, and Jane Street, have sharply increased their Bitcoin-related holdings over the past months. These firms’ portfolio updates on the stock analytics platform Quiver Quantitative reveal they are investing billions in the top crypto via exchange-traded funds and crypto-focused equities like Strategy (formerly MicroStrategy). Bitcoin ETFs allow…
Top Win International, listed on Nasdaq as SORA, has secured $10 million from a group of investors led by WiseLink. This marks the first time a Taiwanese public company has invested in a Bitcoin treasury-focused firm. According to the companies, the deal was executed through a three-year convertible note and is part of WiseLink’s “Bitcoin…
Treasury Secretary Scott Bessent confirmed the government may still expand its Bitcoin (BTC) holdings on Aug. 14, backtracking remarks made a few hours earlier. Bessent had told reporters during a television interview in the morning that the Strategic Bitcoin Reserve would remain at its current level. He said the reserve would consist of approximately $15…
Strategy (formerly MicroStrategy) and El Salvador showcased huge paper gains from their Bitcoin holdings after the flagship crypto surged to a new all-time high above $124,000. Strategy’s Bitcoin holdings reach ATH On Aug. 13, Strategy Chairman Michael Saylor announced that the company’s Bitcoin portfolio had reached a record high of $77.2 billion. This nearly doubles…
Bitcoin spot exchange-traded funds are on pace to hold more than 1.5 million BTC by year-end if current inflow rates persist, according to holdings data tracked by WalletPilot. This would allocate more BTC to ETFs than most estimates for lost coins, which stand around 1.4 million BTC. U.S. spot ETFs collectively hold about 1.296 million…
Dunamu, the operator of South Korea’s largest cryptocurrency exchange Upbit, has unveiled a new custody service aimed at corporate and institutional clients, as regulatory green lights for virtual asset investments spark growing demand for secure storage solutions. Key Takeaways: Upbit’s new custody service stores 100% of client assets in offline cold wallets. Institutional clients can…
Thumzup Media Corporation, a social media marketing firm that pivoted into crypto investments earlier this year, is ramping up its digital asset strategy following a $50 million capital raise. Key Takeaways: Thumzup raised $50M to expand into large-scale crypto mining and targeted blockchain investments. The firm holds 19.1 BTC and plans to diversify into six…
Bitcoin surged to a fresh record on Thursday, lifted by mounting expectations that the US Federal Reserve will soon ease monetary policy and bolstered by momentum from recent financial reforms. The world’s largest cryptocurrency by market value rose 3.6% to $124,457, during early Asian trading, crossing the previous peak set in July. Ether, the second-largest…
Ethereum (ETH) approached within 3.9% of its all-time high as altcoins demonstrated broad strength. Leverage across major alternative cryptocurrencies reached a record $47 billion according to Glassnode data. Ethereum traded at $4,738.94 as of press time, up by 3.1% in the past 24 hours and just 2.7% away from its all-time high registered in November…