GameSquare buys 8,351 ETH amid approval for additional $150 million towards its crypto treasury — link | AI comment
CANTOR FITZGERALD, A FINANCIAL SERVICES COMPANY LED BY THE SONS OF US COMMERCE SECRETARY HOWARD LUTNICK, IS CREATING A WAY FOR INVESTORS TO BET THAT PRESIDENT DONALD TRUMP’S SIGNATURE TARIFFS WILL BE STRUCK DOWN IN COURT: WIRED
*In a letter seen by WIRED, a representative from Cantor said the firm was willing to trade tariff refund rights for 20 to 30% of what companies have paid in duties.
*Cantor Fitzgerald is letting clients essentially bet that Trump’s tariffs will be struck down in court.
*In a letter seen by WIRED, a representative from Cantor said the firm was willing to trade tariff refund rights for 20 to 30% of what companies have paid in duties.
*Cantor Fitzgerald is letting clients essentially bet that Trump’s tariffs will be struck down in court.
GameSquare Holdings has raised its crypto treasury authorization from $100 million to $250 million and introduced a new Ethereum-based NFT strategy with an initial $10 million allocation. The company recently acquired 8,352 ETH at an average price of approximately $3,592, bringing total holdings to around 10,171 ETH, valued at roughly $38 million. — link
❤1
MICHEAL SAYLORS STRATEGY TO OFFER NEW PREFERRED STOCK CALLED "STRETCH", LOOKING TO RAISE $500M: BBG
🔗 velo.xyz
🔗 velo.xyz
On July 21, 2025, Strategy (formerly MicroStrategy) announced its intention to conduct an initial public offering of 5,000,000 shares of STRC Variable Rate Series A Perpetual Preferred Stock under the Securities Act of 1933. Proceeds will be used for general corporate purposes, including the purchase of bitcoin and working capital. — link
Tornado Cash co-founder Roman Storm's trial shaken as defense eyes mistrial over witness testimony: reports — link | AI comment
Bittensor-focused firm xTAO to list common shares on TSXV; raises $22.8 million from DCG, Animoca Brands — link | AI comment
Crypto journalist Eleanor Terrett reported that the White House's first crypto policy report would be submitted on July 22 and released by the end of the month. Led by David Sacks and Bo Hines, the report reflects months of collaboration with top officials from the Treasury, Commerce, SEC, and CFTC, following Trump’s January executive order to boost U.S. leadership in crypto. — link
According to the official announcement, Coinbase stated that starting July 21, 2025 (local time), U.S. users can now legally trade perpetual futures through its CFTC-regulated platform, Coinbase Financial Markets (CFM). Previously restricted by regulatory barriers, U.S. users had long been unable to access such products—this move marks a significant shift. — link
U.S.-listed EV company Volcon has purchased 280.14 BTC and completed a private placement raising over $500 million. The company plans to allocate over 95% of the proceeds to Bitcoin. Investors include FalconX, Pantera, Borderless, and Relayer Capital. Volcon will rebrand as Empery Digital, Inc. and change its ticker to EMPD in the coming weeks. — link
On July 21, Cathie Wood's Ark Invest purchased 4,421,034 shares of Ethereum treasury company Bitmine Immersion (BMNR), worth approximately $175 million, while trimming 218,986 shares of Coinbase ($90.6M), 109,824 shares of Robinhood ($11.46M), and 90,061 shares of Block (~$7M). — link
Mexico-listed real estate firm Grupo Murano plans to adopt Bitcoin as a core strategic asset, with an initial investment of $1 billion and a goal to build a $10 billion BTC treasury within five years. CEO Elías Sacal said the company is converting properties into BTC holdings through refinancing and sale-leasebacks, and will deploy Bitcoin ATMs and enable BTC payments at its hotels. Around 70–80% of its capital will be allocated to Bitcoin. — link
On July 21, Bitcoin spot ETFs saw a net outflow of $131 million, ending a 12-day streak of net inflows. Ethereum spot ETFs recorded a net inflow of $297 million, marking 12 consecutive days of net inflows. — link
According to FT, JPMorgan is exploring offering loans backed by customer-held crypto assets like Bitcoin and Ethereum, possibly starting as early as next year. If implemented, it would mark a major shift for CEO Jamie Dimon, who once called Bitcoin a “fraud” and predicted it would collapse. — link
According to Arkham, SpaceX has made a large on-chain move after three years. At 13:09 (UTC+8) today, the SpaceX-labeled address 15oKQ7...i7Jf1G transferred 1,308 BTC (worth approximately $153 million) to an unlabeled address: bc1q8k...phartf. The last outbound transfer from SpaceX dates back to June 10, 2022, when the company sent 3,505 BTC (then worth around $102 million) to Coinbase. SpaceX currently holds 6,977 BTC, valued at approximately $815 million. — link
Ethereum hits 45 million block gas limit in latest scaling move — link | AI comment
Figma has filed an IPO application with the U.S. SEC with a fully diluted valuation of up to $16.5 billion. The company disclosed it holds around $70 million in Bitcoin ETFs and plans to increase its holdings. It is also authorized to issue Blockchain Common Stock. — link
SharpLink Gaming increased its ETH holdings by 29% to 360,807 ETH during the week of July 14–20, 2025, acquiring 79,949 ETH worth approximately $258 million at an average price of $3,238 — its largest weekly purchase to date. Since launching its digital treasury strategy in June, the company has earned a total of 567 ETH in staking rewards. —link
🔥1
Ten Key Questions on Ethereum Microstrategy: Four U.S. public companies—SharpLink, Bitmine, Bit Digital, and BTCS—are building ETH-focused treasury strategies by accumulating and staking ETH to tap into its yield potential. While SharpLink leads in transparency, no clear ETH counterpart to MicroStrategy has emerged due to Ethereum’s complexity and the firms’ small market caps. Read more — link
Telegram's crypto wallet goes live to its 87 million U.S. users — link | AI comment