Microstrategy

MicroStrategy bought 196 more Bitcoin, raising its total holdings to 640,031 BTC, but funded most purchases by issuing over 3 million new shares. This share dilution has raised concerns among investors as the company’s stock underperforms despite strong Bitcoin gains.

Chinese software and AI company Next Technology Holding is doubling down on its Bitcoin strategy, announcing plans to raise up to $500 million through a common stock offering.

Metaplanet, a Japanese firm known for its aggressive Bitcoin accumulation strategy, has announced plans to raise approximately $880 million through an overseas share issuance.

Fundstrat’s Tom Lee said Ethereum may have reached its lowest point “within hours” as the crypto market began to recover. He highlighted that ETH’s current setup offers a strong risk-to-reward scenario, with a potential rebound to $5,100–$5,450 if the trend holds.

At the WebX2025 conference in Tokyo, Finance Minister Katsunobu Kato declared that cryptocurrencies should be considered part of a diversified investment portfolio, sparking speculation about whether the nation could eventually build a strategic Bitcoin reserve.

Dutch cryptocurrency company Amdax is preparing to launch one of Europe’s most ambitious Bitcoin strategies yet: creating a dedicated Bitcoin treasury firm, seeking a listing on Amsterdam’s Euronext, and ultimately aiming to acquire 1% of the total Bitcoin supply.

Taiwan’s luxury watchmaker Top Win International is making a bold pivot into Bitcoin, positioning itself as the “Chinese version of MicroStrategy.”

Strategy reported a $10 billion profit in Q2, driven by Bitcoin gains and new fair value accounting rules. It raised over $10.5 billion through stock sales and used most of it to buy more Bitcoin, pushing its holdings above 628,000 BTC.

Marti, a Turkish ride-hailing company, has put 20% of its cash into Bitcoin and plans to increase that to 50%. The move is part of a long-term plan to use crypto as a store of value while keeping its main business growing.

El Salvador’s high-profile experiment with Bitcoin seems like its coming to an end following the restrictions the country is facing on top of the fading public enthusiasm for Bitcoin.