As Bitcoin treasury bets stumble in 2025, Strategy thrives with disciplined capital, mNAV premiums and long-term focus. By 2025, the Bitcoin treasury model has reached critical mass. Over 250 organizations, including public companies, private firms, ETFs and pension funds, now hold BTC on their balance sheets. The Bitcoin (BTC) treasury model trend was ignited by Michael Saylor’s Bitcoin plan, with Strategy pioneering the use of Bitcoin as a corporate reserve asset in 2020. Read more
With investigations from two major US agencies now reportedly closed, Polymarket has reached a critical regulatory milestone ahead of its $200 million funding round. The United States Department of Justice and the Commodity Futures Trading Commission (CFTC) have reportedly closed their investigations into online betting platform Polymarket after several months. According to a Bloomberg report on Tuesday, authorities ended investigations into Polymarket to investigate whether the platform was accepting trades from US-based users. The investigation reportedly ramped up after the 2024 US elections, when many Polymarket users were betting on the outcome of races. The company reached a $1.4 million settlement with the CFTC in 2022. Amid the reported investigations in November 2024, the Federal Bureau of Investigation (FBI) raided the home of Polymarket CEO Shayne Coplan, confiscating his electronic devices. Read more