? Market Momentum: Bitcoin Nears $BTC 97K
Bitcoin (BTC) continues its bullish trend, trading at approximately $97,004, marking a 0.90% increase over the past 24 hours. This surge represents a 30% rally from its April low of $BTC 75,000, bringing BTC to its highest level since February. Binance+2Binance+2Binance+2Investor's Business Daily+1Binance+1
The global crypto market capitalization stands at $BTC 3.02 trillion, reflecting a 0.35% increase over the last day.
🏦 Institutional Investments: Major Bitcoin Acquisitions
Strategy's Significant Purchase
Investment firm Strategy has acquired 15,355 BTC for $1.42 billion, increasing its total holdings to 553,555 BTC, valued at approximately $52 billion. This purchase was funded through the sale of $1.4 billion in Class A common stock and $37.5 million in STRK preferred shares. Binance+2Binance+2Investor's Business Daily+2
Metaplanet's Expansion
Japan-based Metaplanet issued $24.8 million in bonds to bolster its bitcoin holdings. The company plans to raise up to $250 million through its new U.S. branch, Metaplanet Treasury Corp., in Florida. Currently, Metaplanet holds 5,000 BTC. Investor's Business Daily
💼 Major Deal: Trump-Linked Stablecoin in $2B Binance Investment
World Liberty Financial, backed by the Trump family, announced that its USD1 stablecoin will facilitate a $2 billion investment from MGX into Binance. This transaction marks the largest crypto investment deal to date, entirely conducted in stablecoins. The USD1 stablecoin, launched with BitGo, aims to compete with leading stablecoins USDT and USDC. Investor's Business Daily
🆕 Binance Updates: Listings and Delistings
New Listing: StakeStone (STO)
Binance has listed StakeStone (STO), with trading commencing today at 16:00 UTC. Trading pairs include USDT, USDC, BNB, FDUSD, and TRY. STO carries the Seed Tag at launch, indicating its innovative status. Binance+2Binance+2Binance+2
