Michael Saylor’s Strategy has quadrupled its previously announced $250 million stock offering as a new funding avenue for its Bitcoin investments. Strategy, the world’s largest corporate Bitcoin holder, plans to raise nearly $1 billion through a stock offering to fund additional Bitcoin purchases. The company, led by executive chairman Michael Saylor, plans to issue 11,764,700 shares of 10.00% Series A Perpetual Stride Preferred Stock at a public offering price of $85 per share. Strategy estimates raising about $979.7 million from the net proceeds after deducting the underwriting discounts and commissions for the firm’s offering expenses, according to a June 6 announcement. Read more
Europe plans to regulate decentralized finance in 2026, as lawmakers still struggle to define decentralization under MiCA, an EU crypto policy expert said. European lawmakers have yet to define “decentralization,” even as regulators begin preparing for decentralized finance (DeFi) to become a key focus of crypto policy in 2026. The world’s first comprehensive regulatory framework for the crypto industry, the Markets in Crypto-Assets Regulation (MiCA), went into effect on Dec. 30, 2024. Among its aims are to boost investor protection, prevent fraud and address stablecoin reserve management. Still, as MiCA enters its final implementation phase, policymakers are shifting their attention to regulating DeFi, where many questions remain unresolved, according to Vyara Savova, senior policy lead at the European Crypto Initiative (EUCI). Read more
With threats from quantum computing and growing cross-chain demand, QRAMP offers a non-custodial approach to protect and project Bitcoin. The 21-million Bitcoin limit is one of the most iconic features of the protocol — a hard-coded cap that defines its scarcity, value proposition and appeal as “digital gold.” But what happens if that system is threatened from two sides: by powerful quantum computers on one end and by increasing demand for cross-chain Bitcoin utility on the other? Short for quantum-resistant asset mapping protocol, QRAMP is a framework proposed in early 2025 by Bitcoin developer Agustin Cruz. It’s designed to do two things at once: protect Bitcoin from future quantum attacks and unlock a safer way to extend Bitcoin into other blockchain ecosystems without compromising custody or supply limits. Read more
The UK’s Financial Conduct Authority has proposed lifting its retail ban on crypto exchange-traded notes (ETNs), signaling a shift toward broader crypto market access. Update (June 6, 2025, 1:20 pm UTC): This article has been updated to add commentary by Kraken’s UK General Manager, Bivu Das. The United Kingdom’s Financial Conduct Authority (FCA) has proposed lifting its ban on offering cryptocurrency exchange-traded notes (ETNs) to retail investors. In a June 6 announcement shared with Cointelegraph, the FCA said the proposed change would allow individual consumers to access crypto ETNs, provided they are listed on an FCA-recognized investment exchange. Read more
Elon Musk’s feud with President Trump caused Dogecoin’s 7% drop in the last 24 hours, but sell-off risks to $0.06 remain. Key takeaways: Dogecoin dropped about 7% on June 6 as the public spat between President Trump and Elon Musk escalated. DOGE/USD bear flag hints at a potential 66% drop. Read more
Switzerland’s Federal Council expects to enforce the bill on the automatic exchange of crypto information with 74 countries by late 2026, with the first exchange seen in 2027. Switzerland is moving forward with plans to automatically share crypto-related data with 74 partner countries, including the United Kingdom and all European Union member states. The Federal Council, the government of Switzerland, has adopted a bill to enable the automatic exchange of information (AEOI) on crypto with partner countries, the council announced on June 6. The proposal also suggests sharing the data with most G20 countries. The measure excludes the United States, Saudi Arabia and China, according to an X post by the Swiss Federal Government. Read more
Japan’s Metaplanet plans to hold 100,000 BTC by 2026, revising its target from 21,000 and issuing shares to accelerate its Bitcoin treasury strategy. Metaplanet, also known as Japan’s Strategy, has updated its Bitcoin acquisition plans to acquiring 100,000 BTC by the end of 2026. Metaplanet on June 6 posted its new Bitcoin (BTC) plan, increasing its previous target of 21,000 BTC. “Our previous target — to hold 21,000 BTC by the end of 2026 — has now been dramatically revised upward. We now aim to hold 100,000 BTC by that time,” Metaplanet CEO Simon Gerovich said in an announcement posted on X. Read more
Pakistan’s Crypto Minister Bilal Bin Saqib is pursuing high-level US partnerships with figures like Cantor Fitzgerald’s Brandon Lutnick and NYC Mayor Eric Adams. Pakistan Minister of State for Crypto and Blockchain Bilal Bin Saqib is likely looking to collaborate with Wall Street. A June 6 X post by the Pakistan Crypto Council shows that Saqib met with Brandon Lutnick, the chairman and CEO of Cantor Fitzgerald, a global financial services firm. A separate video included in a separate post shows that he also met with New York City Mayor Eric Adams, who recently said he will ensure a Bitcoin bond is launched in the city. The post reads: The meeting with Lutnick follows his firm’s recently increased interest in crypto. The two reportedly discussed “tokenization, Bitcoin mining, Pakistan’s Web3 future and avenues of collaboration.” Read more
Bitcoin price expectations fall in line with a new retest of $100,000 support. Traders see news lows with RSI heading still lower. Key points: Bitcoin is in line for lower lows amid falling RSI and a retest of $100,000. Traders have little hope of a quick BTC price rebound and return to higher levels as Trump and Musk stoke uncertainty. Read more