Latest news with #Bitcoin-centric
Barnama
2 days ago
- Business
- Barnama
K Wave Media, Inc. (Nasdaq: KWM) ('K Wave' or the 'Company') Announces entering into a securities purchase agreement for $500 Million Equity Purchase Facility to Support Bitcoin Treasury Strategy
NEW YORK and SEOUL, South Korea, June 5 (Bernama) -- K Wave Media, Inc. (Nasdaq: KWM) ('K Wave' or the 'Company'), the first Korean media alliance listed on Nasdaq, announced today that it has entered into a securities purchase agreement with Bitcoin Strategic Reserve KWM LLC, providing for the sale by the Company of up to $500 million of ordinary shares. Proceeds from the facility will be used to support the Company's Bitcoin-centric digital asset treasury strategy as well as for working capital and M&A activities, further expanding its content and K-POP related businesses. Under this initiative, K Wave will, subject to certain limitations, allocate a significant portion of the proceeds received from the sale of any shares under the facility to the purchasing, long-term holding, and yield optimization of Bitcoin (BTC) — positioning itself among the first publicly traded media companies to integrate BTC directly into its core treasury operations. In addition, the Company plans to operate Bitcoin Lightning Network nodes and invest in Bitcoin-native infrastructure to enhance decentralization and facilitate on-chain transaction rewards.
Business Mayor
23-05-2025
- Business
- Business Mayor
Bitcoin reaches new all-time high above $111,000 amid regulatory hopes
Bitcoin surged to an unprecedented high on Thursday, breaching the $111,000 mark for the first time as a confluence of factors, including growing institutional demand and positive regulatory signals from the US, fueled a wave of bullish sentiment across the cryptocurrency market. The world's original cryptocurrency climbed as much as 3.3% on Thursday to achieve a new record of $111,878, according to data compiled by Bloomberg. This landmark achievement was not isolated, as smaller tokens also caught the updraft; second-ranked Ether, for instance, was up approximately 5.5% at one point during the rally. A significant undercurrent of optimism is currently buoying Bitcoin. This has been notably stoked by the recent advancement of a key stablecoin bill in the US Senate, a development that has kindled hopes for greater regulatory clarity for digital-asset firms under President Donald Trump, who has expressed a generally pro-crypto stance. Alongside these regulatory tailwinds, surging demand from prominent institutional players is acting as a powerful driving force. Michael Saylor's MicroStrategy, which has famously stockpiled over $50 billion worth of Bitcoin, leads a growing cohort of entities actively accumulating the token. 'It has been a slow motion grind into new all-time highs,' observed Joshua Lim, global co-head of markets at FalconX Ltd. There's no shortage of demand for BTC from SPAC and PIPE deals, which is manifesting in the premium on Coinbase spot prices. This demand is being met by a diverse group of buyers, including a flurry of lesser-known small-cap companies and newly established public firms led by crypto industry heavyweights, who are financing their Bitcoin acquisitions through various means, from convertible bonds to preferred stocks. Illustrating this trend, an affiliate of Cantor Fitzgerald LP is reportedly collaborating with stablecoin issuer Tether Holdings SA and SoftBank Group to launch Twenty One Capital Inc., a company designed to emulate MicroStrategy's Bitcoin-centric business model. Separately, a subsidiary of Strive Enterprises Inc., co-founded by Vivek Ramaswamy, is in the process of merging with Nasdaq-listed Asset Entities Inc. to form a dedicated Bitcoin treasury company. Beyond momentum: quantifiable demand fuels rally Market experts emphasize that the current rally is not solely based on speculative momentum. 'Unlike previous cycles, this rally is not momentum-driven alone,' stated Julia Zhou, COO of crypto market maker Caladan. It is quantitatively underpinned by measurable, persistent demand and supply dislocations. This suggests a more fundamentally sound basis for the ongoing price appreciation. Interestingly, Bitcoin's outperformance relative to smaller cryptocurrencies, often referred to as altcoins, is widening. An index tracking these alternative tokens is down approximately 40% year-to-date, while Bitcoin itself has registered a 17% gain so far in 2025, highlighting a flight to perceived quality within the digital asset space. Activity in the options markets further underscores the bullish sentiment. Earlier this week, traders built significant Bitcoin positions, with call options at strike prices of $110,000, $120,000, and even an ambitious $300,000, all expiring on June 27, logging the highest open interest (number of outstanding contracts) on the derivatives exchange Deribit. This activity points to strong expectations of further upside. Tony Sycamore, a market analyst at IG, remarked in a note that the fresh record high demonstrates that Bitcoin's sharp decline from a previous peak set on January 20 (to below $75,000 in April) was merely 'a correction within a bull market.' He added, 'A sustained break above $110,000 is needed to trigger the next leg higher towards $125,000.' Political intersections and market perceptions Bitcoin's latest milestone coincides with President Trump preparing to meet with major holders of his memecoin at a dinner event at his golf club near Washington on Thursday. This event has drawn scrutiny from ethics experts, who argue it offers privileged access through transactions that directly benefit the president, thereby sparking criticism over potential conflicts of interest. While such events contribute to crypto's growing mainstream presence, their direct market impact is debated.
Malaysian Reserve
22-05-2025
- Business
- Malaysian Reserve
Jippi Unveils Interactive AR Bitcoin Learning Experience at Bitcoin 2025 in Las Vegas
Jippi partners with six leading Bitcoin Companies, sponsoring custom in-game 'Beasts' to captivate 30,000 attendees through gamified education and Bitcoin prizes. AUSTIN, Texas, May 22, 2025 /PRNewswire/ — Jippi, a pioneering mobile augmented reality (AR) game developer, is set to transform Bitcoin education with the launch of its flagship game at the Bitcoin Conference 2025, held at The Venetian Resort in Las Vegas from May 27-29. In collaboration with six leading Bitcoin companies—Bitcoin Well, Beyond The Checkout, Bitcoin Trading Cards, Geyser, SHAmory, and 21M Communications—Jippi introduces an innovative blend of outdoor adventure, Bitcoin rewards, and gamified financial education designed to captivate. At the Bitcoin Conference, Jippi's six partners have sponsored custom 'Bitcoin Beasts' tied to specific locations around The Venetian. Each sponsored Beast offers players exclusive rewards and trivia, transforming brand interactions into immersive, non-intrusive experiences. With an expected attendance of over 30,000 at the conference, sponsors gain unparalleled exposure to a tech-savvy, Bitcoin-centric audience. Players will be rewarded 1k sats for each catch, making the total reward for catching them all 6k sats. Jippi is redefining how young adults engage with Bitcoin by combining the thrill of location-based AR gameplay, reminiscent of Pokémon GO, with real-world Bitcoin rewards (sats) and bite-sized lessons on sound money principles. Players explore real-world locations to hunt digital creatures called Bitcoin Beasts, answering Bitcoin-related trivia to capture them and earn sats, the smallest unit of Bitcoin. The game's seamless integration of education and entertainment makes learning about Bitcoin fun, accessible, and rewarding. 'We're meeting Gen Z where they are—90% play mobile games, and 70% expect rewards for their time,' said Oliver Porter, Founder and CEO of Jippi. 'Jippi backdoors Bitcoin education through an immersive, reward-driven experience while offering our partners a unique branding opportunity. It's a win-win for players, sponsors, and the Bitcoin ecosystem.''Jippi's mission to gamify Bitcoin education is a game-changer for onboarding the next generation,' said Adam O'Brien, CEO of Bitcoin Well, a leading automatic self-custody Bitcoin platform and 'Beast' sponsor. 'Their AR game makes learning about Bitcoin intuitive and engaging, aligning perfectly with our vision of financial empowerment. From a branding perspective, partnering with Jippi to engage and acquire new customers is a no brainer' In March 2025, Jippi clinched the top prize in PlebLab's prestigious Top Builder competition, a three-month hackathon designed to spotlight innovative Bitcoin startups. Backed by over a year of development, on-site surveys, and university testing, Jippi is a leading innovator in the Bitcoin industry looking to onboard the next generation. Jippi invites brands, investors, and media to explore sponsorship and investment opportunities. Users can visit Jippi's Partnerships Page for sponsorship details or Jippi's Timestamp Page for investment inquiries. For media inquiries, users can contact Phil@ About Jippi Jippi is a mobile AR gaming company dedicated to making Bitcoin education accessible and engaging. By combining location-based gameplay with Bitcoin rewards and financial literacy, Jippi empowers the next generation to embrace sound money principles. Learn more at Bitcoin Beast Sponsors: Beast #1 – Bitcoin Well – All bitcoin bought at Bitcoin Well are delivered directly to your personal bitcoin wallet. Your Bitcoin Well account gives you the convenience of modern banking, with the benefits of bitcoin. Join the platform that enables independence at About Bitcoin Trading Cards Beast #2 – Bitcoin Trading Cards – Bitcoin Trading Cards is bringing bitcoin to the masses one pack at a time, making your bitcoin journey fun and exciting for everyone. About Beyond The Checkout Beast #3 – Beyond The Checkout – Beyond The Checkout transforms everyday products into Bitcoin-powered experiences — rewarding customers, collecting real-time insights, and redefining post-purchase engagement. About Geyser Beast #4 – Geyser – Geyser is a Bitcoin-native crowdfunding platform enabling grassroots projects to raise funds via Lightning, globally and permissionlessly. About SHAmory Beast #5 – SHAmory – We make Bitcoin fun for all ages! Explore our bitcoin games, books, and more today at About 21M Communications Beast #6 – 21 Communications helps Bitcoin companies get the media attention they deserve. As a Bitcoin-only PR Agency, 21M Comms believes Bitcoin is imperative and is committed to supporting the companies that are advancing the mission. About Bitcoin Conference 2025 The Bitcoin Conference is the world's largest gathering of Bitcoin enthusiasts, industry leaders, and innovators. Held annually, it showcases cutting-edge developments in the Bitcoin ecosystem. For more information, users can visit ContactFounder & CEOPhil21M Communicationsphil@ Photo –
Yahoo
22-05-2025
- Business
- Yahoo
Jippi Unveils Interactive AR Bitcoin Learning Experience at Bitcoin 2025 in Las Vegas
Jippi partners with six leading Bitcoin Companies, sponsoring custom in-game "Beasts" to captivate 30,000 attendees through gamified education and Bitcoin prizes. AUSTIN, Texas, May 22, 2025 /PRNewswire/ -- Jippi, a pioneering mobile augmented reality (AR) game developer, is set to transform Bitcoin education with the launch of its flagship game at the Bitcoin Conference 2025, held at The Venetian Resort in Las Vegas from May 27-29. In collaboration with six leading Bitcoin companies—Bitcoin Well, Beyond The Checkout, Bitcoin Trading Cards, Geyser, SHAmory, and 21M Communications—Jippi introduces an innovative blend of outdoor adventure, Bitcoin rewards, and gamified financial education designed to captivate. At the Bitcoin Conference, Jippi's six partners have sponsored custom "Bitcoin Beasts" tied to specific locations around The Venetian. Each sponsored Beast offers players exclusive rewards and trivia, transforming brand interactions into immersive, non-intrusive experiences. With an expected attendance of over 30,000 at the conference, sponsors gain unparalleled exposure to a tech-savvy, Bitcoin-centric audience. Players will be rewarded 1k sats for each catch, making the total reward for catching them all 6k sats. Jippi is redefining how young adults engage with Bitcoin by combining the thrill of location-based AR gameplay, reminiscent of Pokémon GO, with real-world Bitcoin rewards (sats) and bite-sized lessons on sound money principles. Players explore real-world locations to hunt digital creatures called Bitcoin Beasts, answering Bitcoin-related trivia to capture them and earn sats, the smallest unit of Bitcoin. The game's seamless integration of education and entertainment makes learning about Bitcoin fun, accessible, and rewarding. "We're meeting Gen Z where they are—90% play mobile games, and 70% expect rewards for their time," said Oliver Porter, Founder and CEO of Jippi. "Jippi backdoors Bitcoin education through an immersive, reward-driven experience while offering our partners a unique branding opportunity. It's a win-win for players, sponsors, and the Bitcoin ecosystem.""Jippi's mission to gamify Bitcoin education is a game-changer for onboarding the next generation," said Adam O'Brien, CEO of Bitcoin Well, a leading automatic self-custody Bitcoin platform and "Beast" sponsor. "Their AR game makes learning about Bitcoin intuitive and engaging, aligning perfectly with our vision of financial empowerment. From a branding perspective, partnering with Jippi to engage and acquire new customers is a no brainer" In March 2025, Jippi clinched the top prize in PlebLab's prestigious Top Builder competition, a three-month hackathon designed to spotlight innovative Bitcoin startups. Backed by over a year of development, on-site surveys, and university testing, Jippi is a leading innovator in the Bitcoin industry looking to onboard the next generation. Jippi invites brands, investors, and media to explore sponsorship and investment opportunities. Users can visit Jippi's Partnerships Page for sponsorship details or Jippi's Timestamp Page for investment inquiries. For media inquiries, users can contact Phil@ About Jippi Jippi is a mobile AR gaming company dedicated to making Bitcoin education accessible and engaging. By combining location-based gameplay with Bitcoin rewards and financial literacy, Jippi empowers the next generation to embrace sound money principles. Learn more at Bitcoin Beast Sponsors: Beast #1 - Bitcoin Well - All bitcoin bought at Bitcoin Well are delivered directly to your personal bitcoin wallet. Your Bitcoin Well account gives you the convenience of modern banking, with the benefits of bitcoin. Join the platform that enables independence at About Bitcoin Trading Cards Beast #2 - Bitcoin Trading Cards - Bitcoin Trading Cards is bringing bitcoin to the masses one pack at a time, making your bitcoin journey fun and exciting for everyone. About Beyond The Checkout Beast #3 - Beyond The Checkout - Beyond The Checkout transforms everyday products into Bitcoin-powered experiences — rewarding customers, collecting real-time insights, and redefining post-purchase engagement. About Geyser Beast #4 - Geyser - Geyser is a Bitcoin-native crowdfunding platform enabling grassroots projects to raise funds via Lightning, globally and permissionlessly. About SHAmory Beast #5 - SHAmory - We make Bitcoin fun for all ages! Explore our bitcoin games, books, and more today at About 21M Communications Beast #6 - 21 Communications helps Bitcoin companies get the media attention they deserve. As a Bitcoin-only PR Agency, 21M Comms believes Bitcoin is imperative and is committed to supporting the companies that are advancing the mission. About Bitcoin Conference 2025 The Bitcoin Conference is the world's largest gathering of Bitcoin enthusiasts, industry leaders, and innovators. Held annually, it showcases cutting-edge developments in the Bitcoin ecosystem. For more information, users can visit ContactFounder & CEOPhil21M Communicationsphil@ Photo - View original content to download multimedia: SOURCE Jippi Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Arabian Post
12-05-2025
- Business
- Arabian Post
Strategy's Bitcoin Holdings Surge Past Half a Million Tokens
Strategy, formerly known as MicroStrategy, has expanded its Bitcoin holdings to 568,840 tokens, acquired for a cumulative $39.41 billion at an average cost of $69,287 per coin. This significant accumulation includes a recent purchase of 13,390 BTC for $1.34 billion, averaging $99,856 per token, marking a 15.5% increase in its Bitcoin yield for the year. The company's aggressive acquisition strategy is part of its broader financial plan, which includes raising capital through equity and debt offerings. In February 2025, Strategy raised $2 billion via a senior convertible note offering, which was used to purchase 20,356 BTC at an average price of $97,514 per coin. This move brought its total holdings close to 500,000 BTC at that time. Despite reporting a net loss of $670.8 million in Q4 2024, largely due to a $1.01 billion impairment charge on its Bitcoin holdings, Strategy continues to pursue its Bitcoin-centric investment approach. The company plans to adopt fair-value accounting standards starting in Q1 2025, which will require Bitcoin holdings to be measured at fair value, with gains and losses reflected in net income each reporting period. Strategy's bold approach has attracted attention from institutional investors. As of the end of 2024, 12 North American states reportedly held $330 million worth of Strategy stock in pension funds and treasuries. Additionally, BlackRock increased its stake in the company to 5% following its rebranding in February 2025. The company's strategy relies heavily on financial engineering, including issuing equity and equity-linked instruments to fund Bitcoin purchases. This approach has enabled Strategy to maintain a premium on its stock relative to its net asset value, facilitating further capital raises. However, this method also poses risks, such as potential dilution for existing shareholders and reliance on the continued appreciation of Bitcoin's value. Arabian Post – Crypto News Network
