Latest news with #Bitcoin-first
Business Mayor
22-05-2025
- Business
- Business Mayor
KindlyMD, Nakamoto, and Anchorage Digital Form Strategic Bitcoin Treasury Alliance
Nakamoto Holdings Inc., KindlyMD, Inc., and Anchorage Digital today announced a strategic partnership that will see Anchorage become a trading partner for KindlyMD's Bitcoin treasury. The partnership will officially take effect upon the close of KindlyMD's merger with Nakamoto, expected in Q3 2025. Anchorage Digital, a U.S. federally chartered digital asset bank, will provide institutional-grade custody, 24/7 trading, and deep liquidity to support the Bitcoin strategy of the combined entity. 'In the not-so-distant-future, the omission of Bitcoin on a balance sheet will be more glaring than its inclusion,' said Nathan McCauley, CEO and Co-Founder of Anchorage Digital. 'Until then, companies like Nakamoto-KindlyMD are pioneering a new path forward—one in which Bitcoin is at the heart of corporate strategy.' The merger between KindlyMD and Nakamoto is backed by approximately $710 million in financing, including $510 million in PIPE funding—the largest ever PIPE for a public crypto-related deal. The goal is to establish a Bitcoin-native corporate treasury strategy that redefines how capital markets engage with digital assets. 'Our goal is to bring Bitcoin to the center of global capital markets within a compliant, transparent structure,' said David Bailey, Founder and CEO of Nakamoto Holdings Inc. 'We are excited to partner with Anchorage Digital to implement our vision with the highest levels of security and battle-tested infrastructure and enable us to deliver sustained value to shareholders.' This announcement follows a key milestone on May 18, when KindlyMD shareholders approved the proposed merger with Nakamoto. The transaction is now expected to close in Q3 2025, pending SEC review and information statement distribution. 'This milestone brings us one step closer to unlocking Bitcoin's potential for KindlyMD shareholders,' Bailey said yesterday. 'We are grateful that KindlyMD shares our vision for a future in which Bitcoin is a core part of the corporate balance sheet.' With its Bitcoin-first strategy and strategic alliances, the Nakamoto-KindlyMD partnership is set to accelerate institutional Bitcoin adoption—and with Anchorage Digital's infrastructure behind it, the foundation is now firmly in place. 'By collaborating with Anchorage Digital, we are implementing our Bitcoin treasury strategy with the utmost standards in safety and security for our shareholders,' stated Tim Pickett, CEO of KindlyMD. 'Their institutional-grade platform allows us to confidently hold Bitcoin as a treasury asset as we look to unlock access to Bitcoin and drive value for the long term.' Disclosure: Nakamoto is in partnership with Bitcoin Magazine's parent company BTC Inc to build the first global network of Bitcoin treasury companies, where BTC Inc provides certain marketing services to Nakamoto. More information on this can be found here . READ SOURCE
Yahoo
15-05-2025
- Business
- Yahoo
Michael Saylor's new advice? 'Sell a tooth if you must'
Michael Saylor, the executive chairman of Strategy (formerly MicroStrategy) took to X on Thursday with a new one-liner for Bitcoin believers. 'Sell a tooth if you must, but keep the bitcoin.' It's the latest in a string of dramatic — and controversial — declarations from Saylor, who has become crypto's loudest Bitcoin evangelist. Just a few months earlier, in February, Saylor famously wrote, 'Sell a kidney if you must, but keep the Bitcoin.' Saylor has long advocated going all-in on Bitcoin. He's previously urged followers to mortgage their homes or family businesses to buy more of the asset. Under his leadership, Strategy has made over 50 separate Bitcoin purchases — many of them leveraged. The company's total holdings now sit at 568,840 BTC, worth nearly $59 billion at current prices. That strategy has helped catapult Strategy into the spotlight. The company recently changed its name from MicroStrategy to reflect its Bitcoin-first philosophy — and its ambitions are just as outsized as its stack. In a recent Financial Times documentary, company analyst Jeff Walton predicted, 'Strategy will be the number one publicly traded equity in the entire market.' His reasoning? No other company holds such a massive trove of what he calls 'the most pristine collateral on the entire planet.' Saylor himself believes the company can go much, much higher. 'MicroStrategy is in a position where we can grow from a $100 billion enterprise to a $1 trillion enterprise to a $10 trillion enterprise,' he said. As per Kraken's price feed, Bitcoin is trading at $103,719 — up 0.4% in the past 24 hours and 2.3% over the past week. The leading cryptocurrency has gained over 60% year-to-date, continuing its strong momentum into mid-May.
Yahoo
13-05-2025
- Business
- Yahoo
5 big crypto shifts no one's talking about in 2025
Global crypto market capitalization has now soared past $3.4 trillion, fueled by key shifts that extend far beyond market cycles or speculative hype. From Bitcoin's return as a foundational asset to the rise of tokenized real-world assets (RWAs), transparency-first infrastructure, and enterprise-grade blockchain adoption — crypto is going through its most significant maturation phase yet. The most dominant force in the crypto space today? Bitcoin is maturing into something far more institutional and long-term. 'The most important development in the crypto space is the re-centering of Bitcoin as the foundational asset class,' Simon Gerovich, President of Metaplanet Inc told TheStreet Roundtable. 'We're seeing a clear shift away from speculation toward long-term adoption, with Bitcoin increasingly recognized as a durable store of value. This is fueling the rise of Bitcoin Treasury Companies—publicly traded firms that accumulate Bitcoin on their balance sheets as a core strategic asset. These companies are redefining how businesses approach capital preservation and value creation in the digital age.' Metaplanet Inc. is a Tokyo-listed investment firm that officially adopted a Bitcoin-first strategy on April 8. Often called 'Asia's MicroStrategy,' the company began acquiring Bitcoin as its core treasury asset to hedge against inflation and currency risk. Since the launch of this strategy, Metaplanet has positioned itself as Japan's leading Bitcoin treasury firm. Bitcoin is up 67.3% in the last year, trading at $102,604 at the time of writing, according to Kraken's price feeds. The crypto space has always battled questions of trust. But now, with more regulation and mainstream adoption, the spotlight is firmly on transparency and accountability. 'The biggest shift in crypto today is moving from hype cycles to hard proof,' noted Blake Benthall, Founder and CEO of Fathom(x). 'It's not enough to promise privacy or decentralization—you have to prove what's real, what's secure, and who controls what, all on-chain. Builders like me are focused on making transparency and privacy work together, not at odds. That's the only way crypto survives and scales in a world that's demanding both trust and accountability.' Fathom(x) is a blockchain analysis and risk mitigation company dedicated to supporting both companies and individuals in managing cryptocurrency transactions and wallets. Enterprise adoption of blockchain has long been hyped — but 2025 is the year it actually starts happening. 'The most significant trend shaping the crypto space right now is the adoption of blockchain as a fundamental layer for enterprise infrastructure,' added Michael Weinrub, CEO of AppLayer. 'Companies are moving beyond traditional cloud solutions, recognizing blockchain's unmatched capabilities in security, scalability, and operational efficiency. At AppLayer, we see this shift accelerating rapidly—organizations aren't just exploring blockchain, they're actively replacing legacy infrastructure to achieve dramatic efficiency gains and transformative business outcomes.' AppLayer is a modular EVM layer for cross-chain applications. The blockchain stack comprises of a C++ based EVM network with stateful pre-compiles capable of achieving over 65x performance boost to leading EVM networks. The next frontier for crypto's evolution is legal—and it's one that can't be ignored. 'Capital is shifting into its finest version of digital,' says Jose Rodriguez, Partner at Nodeman. 'While traditional financial players are struggling to understand this shift, bold companies in the decentralized space are taking advantage. Legal services need to be accurate to these changes in order to enable digital capital through bold regulation.' President Donald Trump has taken a sharp pro-crypto turn in his first 100 days back in office, marking a big shift from the Biden years. His administration has rolled out a series of executive orders and appointed crypto-friendly leaders to top regulatory roles, including at the SEC, FDIC, and OCC. Key policies include a plan for a Bitcoin-only strategic reserve, the end of SEC lawsuits like Ripple's, and potential new bank charters for crypto firms. SEC Chair Paul Atkins and others are already working with industry leaders on clear guidance. Perhaps the most seismic transformation in crypto is the rise of tokenized real-world assets — especially when paired with the steady ascent of stablecoins. 'The rise of tokenized real-world assets (RWAs) and stablecoins is no longer just a trend. It's being validated by real-world adoption, growing institutional traction, and a projected $17 trillion market by 2033,' said Jeremy Ng, Founder and CEO of OpenEden. 'Within this surge, yield-bearing stablecoins like OpenEden Digital's USDO are emerging as a breakout category, redefining digital money by delivering real-world yield with regulatory oversight. But scale won't come from hype alone. Utility, regulatory guardrails, compliance, and transparency will be critical to unlocking the next wave of institutional and mainstream adoption.' OpenEden is a Singapore-based fintech company focused on bridging traditional finance and crypto through tokenized real-world assets. 'The digital asset space is evolving rapidly as regulatory clarity, technological progress, and client demand align across global markets,' adds Matt Blumenfeld, PwC Digital Asset Lead. 'Stablecoins are playing a pivotal role in enabling instant, low-cost value transfer. This momentum is embedding digital assets into the fabric of finance, not as an alternative, but as the next evolution.'
Business Upturn
11-05-2025
- Business
- Business Upturn
Genius Group CEO, Roger Hamilton's X Account Hacked
By GlobeNewswire Published on May 11, 2025, 08:15 IST SINGAPORE, May 10, 2025 (GLOBE NEWSWIRE) — Genius Group Limited (NYSE American: GNS) ('Genius Group' or the 'Company'), a leading AI-powered, Bitcoin-first education group, today announced that the X account of its CEO, Roger Hamilton (X handle: @rogerhamilton), has been compromised. The hackers posted false information without the Company's knowledge or consent regarding an alleged token launch by the Company. Any posts, solicitations or other messages allegedly announcing this are false and must not be relied upon. The Company and Mr. Hamilton urge the public and all Genius Group investors, partners and customers to disregard all posts and private messages they receive from this account, from yesterday through to when there is affirmative confirmation from the Company's official accounts (X handles: @GeniusGroupLtd_ and @geniusacademyai) that Mr. Hamilton's account has been recovered. The Company and Mr. Hamilton have currently reached out to X to recover the account. The Company has also reported the hacking activity to relevant law enforcement and regulatory agencies, including Singapore Police, FBI, SEC and NYSE. The Company gives notice to the hackers that it will use the full force of the law to pursue them for wrongdoing, and are actively investigating any potential relationships between this criminal activity and the Company's progress on its various legal actions. About Genius Group Genius Group (NYSE: GNS) is a Bitcoin-first business delivering AI powered, education and acceleration solutions for the future of work. Genius Group serves 5.8 million users in over 100 countries through its Genius City model and online digital marketplace of AI training, AI tools and AI talent. It provides personalized, entrepreneurial AI pathways combining human talent with AI skills and AI solutions at the individual, enterprise and government level. To learn more, please visit For more information, please visit Forward-Looking Statements Statements made in this press release include forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934. Forward-looking statements can be identified by the use of words such as 'may,' 'will', 'plan,' 'should,' 'expect,' 'anticipate,' 'estimate,' 'continue,' or comparable terminology. Such forward-looking statements are inherently subject to certain risks, trends and uncertainties, many of which the Company cannot predict with accuracy and some of which the Company might not even anticipate and involve factors that may cause actual results to differ materially from those projected or suggested. Readers are cautioned not to place undue reliance on these forward-looking statements and are advised to consider the factors listed above together with the additional factors under the heading 'Risk Factors' in the Company's Annual Reports on Form 20-F, as may be supplemented or amended by the Company's Reports of a Foreign Private Issuer on Form 6-K. The Company assumes no obligation to update or supplement forward-looking statements that become untrue because of subsequent events, new information or otherwise. No information in this press release should be construed as any indication whatsoever of the Company's future revenues, results of operations, or stock price. Contact For enquiries, contact [email protected] Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. Business Upturn takes no editorial responsibility for the same. GlobeNewswire provides press release distribution services globally, with substantial operations in North America and Europe.
Yahoo
21-03-2025
- Business
- Yahoo
Strategy Just Raised $711M to Buy More Bitcoin--With an 18% Yield Twist Investors Can't Ignore
Strategy (NASDAQ:MSTR) just pulled off a bold move, raising over $711 million through an offering of high-yield preferred stockand yes, they're using the cash to buy more Bitcoin. The company priced 8.5 million shares of its 10.00% Series A Perpetual Strife Preferred Stock at $85 a pop, with the deal expected to close on March 25. The structure? Aggressive. Investors will get a fixed 10% dividend, but if payments are missed, it compoundsand fasteventually topping out at 18% annually. It's the kind of high-stakes financing Strategy is known for, blending big returns with even bigger conviction. Warning! GuruFocus has detected 6 Warning Signs with MSTR. The capital injection gives Strategy fresh fuel to expand its already massive Bitcoin holdings, which currently sit just shy of half a million tokens. With a current ratio under 1.0 and a strategy tied closely to crypto, the offering tackles two birds: liquidity and leverage. Notably, Strategy recently funneled $10.7 million from a smaller preferred stock sale into buying another 130 bitcoins. All of this comes as the stock has soared more than 100% over the last six months, even as valuation models flash warning signs. Strategy's dual engineenterprise analytics and a Bitcoin-first treasurycontinues to defy conventional playbooks. This offering was backed by a who's who of Wall Street: Morgan Stanley, Barclays, Citi, and Moelis, among others. Strategy also has plans to issue up to $21 billion more of this preferred stock over time, reinforcing that it's not just flirting with Bitcoinit's all in. Redemption clauses kick in if the outstanding shares drop below 25% or if tax events arise, but for now, investors are leaning into the risk. The takeaway? Strategy isn't playing defense. It's doubling down on Bitcoin, and it wants investors to go along for the ridewith dividends in hand. This article first appeared on GuruFocus. Sign in to access your portfolio
