Capital | Crypto

The Blockstream CEO subscribed to 10 million warrants as Capital B pushes ahead with its Bitcoin treasury strategy. Capital B raised 1.1 million euros ($1.28 million) through a warrant issuance subscribed by Blockstream CEO Adam Back, extending the cryptographer’s backing of the French-listed Bitcoin treasury company. Back subscribed to 10 million subscription warrants at $0.13 each, according to a Monday announcement from Capital B. Each warrant gives Back the right to buy one new share of future company stock at the exercise price of $0.98, corresponding to the company’s market net asset value (mNAV) of 1.1 per share, the company said. The deal would increase Back’s exposure to Capital B, where he is already one of the company’s largest strategic investors. Back now holds over 39.5 million shares or 9.97% of Capital B’s shares on a fully diluted basis. Back is best known as the inventor of Hashcash, the proof-of-work system cited in the Bitcoin white paper. Read more

Crypto markets splinter as miners pivot to AI, BitMine doubles down on ETH, stablecoin liquidity idles, and tokenized Treasurys reshape trading collateral. Historically, crypto markets have been driven by a dominant narrative. Not today.  In one corner, miners are trying to break free of four-year cycles. IREN is being recast as an AI infrastructure company, with analysts pointing to data centers and compute demand as the real growth engine. In another corner, BitMine is doing the exact opposite, pouring billions deeper into Ether (ETH) even as losses mount.  The disconnect doesn’t stop there. Stablecoin balances have ballooned to over $300 billion, yet activity has dropped sharply. It reflects capital waiting, with no clear consensus on what comes next. Read more

M2 Capital invested $20 million in Ethena’s ENA token as the protocol’s TVL neared $15 billion, with growing institutional backing from global crypto investors. M2 Capital, the investment arm of UAE-based M2 Holdings, invested $20 million in ENA, the governance token for Ethena, a crypto-native synthetic dollar protocol built on Ethereum. M2 Holdings, a conglomerate with digital asset exposure across custody, investment and wealth management, plans to integrate Ethena (ENA) products into client offerings through its affiliate, M2 Global Wealth Limited, according to a Thursday announcement. “M2’s investment in Ethena marks another important step forward for the Middle East’s most sophisticated digital asset investors,” said Kim Wong, managing director and head of treasury at M2 Holdings. Read more

Capital B has raised €11.5 m through equity and convertible bonds with TOBAM, allocating 95% to Bitcoin. The move could lift holdings to 2,173 BTC and follows ALTBG’s 2,275 % return since Nov 2024. Convertible terms link share conversion to premiums that sustain BTC-per-share growth.   The post Capital B Raises $13.3M Through Convertible Bonds to Expand Bitcoin Treasury Strategy appeared first on Cryptonews.

Between July 21 and 25, the total stablecoin market cap increased by $4.505 billion to reach $265.22 billion, a 1.73% expansion. Over the same timeframe, total value locked (TVL) in DeFi dropped from $140.804 billion to $135.934 billion, a 3.46% drawdown. While the rise in stablecoin supply could be interpreted as a sign of incoming […] The post Capital shifts to stablecoins as DeFi protocols bleed TVL appeared first on CryptoSlate.

AlAbraaj Restaurants Group, a publicly listed catering company in Bahrain with a market capitalization of $24.2 million, has become the latest firm to adopt a Bitcoin treasury strategy. The post Bahrain-Based AlAbraaj Restaurants Adopt Bitcoin Treasury Strategy with 10X Capital appeared first on Cryptonews.

China denies trade talks, 21 Capital to buy 42K BTC, TRUMP pumps on dinner prize. - FOMO HOUR EP343 FOMO HOUR brings you the biggest daily news, updates and events from inside and outside of the crypto and macro spheres! Join hosts Farokh, Mando and Tyler as they cover some of the biggest topics at present with some of the biggest names in the ecosystem. Streaming live 5 days per week, Monday to Friday 10:00 AM EST to 11:00 AM EST on YouTube and X. BTC: 92.4k (-2%), ETH: 1740 (-3%), SOL: 146 (-4%). Top Gainers: TRUMP, POL, SUI, LEO, CRV. BTC ETFs: +$917mn, ETH ETFs: -$24mn. BTC hits $94.7k then pulls back with stocks. Sovereigns front-running US on BTC buying: Bitwise. SWFs quietly buying BTC: Coinbase. 21 Capital set to buy 42k BTC, Mallers will be CEO. Missouri BTC bill passes first committee. BTC whale groups all in accumulation. Russia launches National BTC and Crypto Exchange. Metaplanet buys $13.6m BTC. SOL strategies to buy up to $500m SOL. DeFi Dev Corp buys $10m SOL. SBF transferred to low-security p...