News & Research

Canaan (CAN), a Nasdaq-listed Chinese crypto mining equipment manufacturer and mining company, announced it mined 88 BTC in June, despite weather-related disruptions and maintenance. As of June 30, the company held a record 1,484 BTC, highlighting its financial strength and commitment to accumulating Bitcoin, according to PR Newswire.

Genius Group (NYSE American: GNS) announced it has raised its Bitcoin treasury goal from 1,000 to 10,000 BTC, aiming to reach it within 12–24 months through a mix of funding strategies, according to the GlobeNewswire press release. The company reported a 74% BTC yield since resuming purchases in May and plans to continue growing both its Bitcoin holdings and Bitcoin per share for shareholders.

NYSE-listed e-commerce company DDC Enterprise acquired 230 more Bitcoin at an average price of $90,764 per BTC, raising its total holdings to 368 BTC, according to Business Wire. The company reported a 48.3% yield increase since its previous purchase in mid-June, underscoring its strategy to integrate Bitcoin as a key treasury asset.

GPU cloud provider CoreWeave has announced plans to acquire cryptocurrency mining firm Core Scientific in an all-stock transaction, according to Odaily. The deal values Core Scientific at $9 billion, with the agreed exchange ratio determining the transaction’s terms.

Real estate developer Murano Global Investments (NASDAQ: MRNO) has revealed plans to enhance its corporate strategy by building a Bitcoin (BTC) treasury. The company has purchased 21 BTC to date and aims to leverage operating cash flows and capital markets to expand its holdings, Cointelegraph reported.

BitFuFu (NASDAQ: FUFU), the cloud mining platform under Bitmain, reported it mined 445 BTC in June, up 11% from May, increasing its total holdings to 1,792 BTC, according to GlobeNewswire press release. The company’s hashrate grew to 36.2 EH/s and power capacity to 728 MW as of June 30.

Strategy announced on its official website an at-the-market (ATM) program to sell up to $4.2 billion of its 10% Series A Perpetual STRD Preferred Stock. Proceeds will be used for general corporate purposes, including Bitcoin acquisitions, working capital and dividend payments.

Strategy (NASDAQ: MSTR) paused its Bitcoin (BTC) acquisitions between June 30 and July 6, as disclosed in a filing with the U.S. Securities and Exchange Commission (SEC). The company continues to hold 597,325 BTC, valued at $65 billion, with an average purchase price of $70,982 per BTC. The pause marks the first break in its Bitcoin buying since April. Strategy’s portfolio has grown to show unrealized gains of $22.6 billion and the firm is using preferred stock sales to fund future acquisitions, The Block reported.

Nasdaq-listed medical technology company Semler Scientific (SMLR) acquired 187 BTC for $20 million, bringing its total holdings to 4,636 BTC and achieving a 29% year-to-date Bitcoin yield, according to Joe Burnett, director of Bitcoin Strategy.

Justin Sun, founder of Tron, announced that the Tron-based meme coin issuance platform SUN.IO has officially launched USD1 trading pairs. The initial pairs available are USDT/USD1, TRX/USD1 and NFT/USD1. Users can now trade USD1 on the Tron network.