2025-06-24 Tuesday Blockchain Daily

1. Iran launched 10 ballistic missiles at multiple US military bases, but all were intercepted by the US, causing no damage. Despite geopolitical tensions, the price of Bitcoin quickly rebounded after a brief dip, showing great resilience.

2. More and more institutions and companies are adopting Bitcoin strategies, with companies recently purchasing large amounts of Bitcoin, and holdings continue to increase. For example, companies such as MicroStrategy and Matepan continue to invest in Bitcoin on a regular basis, and their holdings are approaching or exceeding those of Tesla. Globally, 240 companies have adopted Bitcoin strategies, holding 4% of Bitcoin's circulating supply.

3. Cardon Capital, with a market value of $5.1 billion, has purchased 1,000 Bitcoins and plans to increase its holdings by another 3,000. The company's founder believes that Bitcoin and real estate are the most promising assets and is committed to combining the two, becoming the first company to combine real estate and Bitcoin.

4. Anthony Pompliano's ProCap will go public through a merger with a SPAC, with a valuation of up to $1 billion, holding up to $1 billion in Bitcoin, and profiting through yield strategies. The company has raised $550 million in preferred stock and $225 million in convertible notes.

5. As of early June 2025, Bitcoin's share on exchanges has fallen to below 11% of the total supply, the lowest level since early 2018, creating a 'dry market' that is prone to large price fluctuations.

If you look at the people in your circle and don’t get inspired, then you don’t have a circle, you have a cage.

A true circle of friends should be mutually inspiring and growing together; if there is no such atmosphere, then it becomes a shackle that restricts your progress.