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Inside the Technology: How Bitlayer’s BitVM Bridge Works
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JUST IN: KindlyMD (NASDAQ: NAKA) has closed a $200 million senior secured convertible note offering—a bold move to supercharge its Bitcoin holdings. The offering marks 0% interest for the next two years, rising to 6% in the third year, with a maturity date of August 15, 2028, and a conversion price set at $2.80 per share. This follows a recent $540 million PIPE financing secured during its merger with Nakamoto Holdings—bringing the total capital raised in 2025 to approximately $740 million aimed at purchasing Bitcoin and fueling strategic growth. Naka’s leadership frames this as a pivotal iteration of its Bitcoin treasury strategy, positioning the company as a publicly traded vehicle focused on institutional-grade BTC accumulation. CEO David Bailey underscores investor validation of this approach. Why It Matters: Capital Power – $740M in dry powder allows NAKA to sharply scale its Bitcoin reserves. Investor Confidence – A zero-yield convertible and strong financing amidst market flows reflect trust in their vision. Market Momentum – As a Bitcoin-focused public entity, NAKA is emerging as a heavyweight in corporate treasury adoption.
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🚨 BREAKING: Grayscale has filed an S‑1 application for a spot Dogecoin $DOGE ETF, marking another major player entering the race for meme coin legitimization. This move follows similar filings by Bitwise and 21Shares, intensifying industry momentum toward broad crypto ETF approvals. What It Means: Altseason Ahead: With DOGE moving closer to institutional packaging, excitement around altcoin cycles is heating up. Trickling Momentum: These filings signal growing confidence from financial institutions in meme-driven assets. Approval Timeline: Analysts see a high chance of SEC approval by year-end, likely between October 2025 and January 2026. Keep watching—this could be the spark that ignites a full-blown altcoin rally.
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BITMINE just dropped a massive $130 million on $ETH —bumping their holdings to $5.26 billion in Ethereum. When a player of that caliber goes big, you must wonder—what do they know that you don’t?
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$C - Fueling the Rise of DataFi
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