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Champions League Finalist PSG Becomes First Sports Club to Hold Bitcoin Treasury, Launches Crypto Startup Investments | DeepNewz VC
deepnewz
·
1m ago
Medial
Paris Saint-Germain (PSG) revealed at the Bitcoin 2025 conference that it has been holding Bitcoin in its treasury since last year. The club also intends to invest in Bitcoin-focused startups and companies. This strategic move highlights PSG's commitment to integrating cryptocurrency into its financial strategy, underscoring its position as the first sports club to hold a Bitcoin treasury and indicating a broader trend of digital currency adoption in the sports industry.
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Cantor joins hand with SoftBank, Tether for $3.6 billion crypto venture
Economic Times
·
2m ago
Medial
Cantor Fitzgerald has partnered with Tether and SoftBank to launch a $3.6 billion crypto venture named Twenty One Capital, focusing on bitcoin investments. The venture, valued through Cantor Equity Partners, highlights growing institutional interest in cryptocurrency. Offering access to substantial bitcoin holdings, it aims to become a major bitcoin treasury. Tether and Bitfinex will hold majority ownership, while SoftBank will have a minority stake. The initiative will trade on Nasdaq under the symbol XXI.
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Trump Media's $DJT Finalizes $2.32B Deal for $BTC Treasury, Boosting Truth Social | DeepNewz VC
deepnewz
·
1m ago
Medial
Trump Media has reportedly finalized a $2.32 billion deal to purchase Bitcoin and hold it as a treasury asset. The strategic move is aimed at boosting Truth Social, a platform associated with Donald Trump. This acquisition appears to be part of a broader strategy to leverage cryptocurrency in enhancing financial reserves and maneuvering within the digital media landscape effectively.
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GameStop bought $500 million of Bitcoin | TechCrunch
TechCrunch
·
1m ago
Medial
GameStop purchased 4,710 Bitcoin, worth over $500 million, as part of a strategy to stay relevant in a digital era and fulfill promises made to investors about using Bitcoin as a treasury reserve asset. Despite concerns about crypto volatility, GameStop follows companies like Tesla in leveraging Bitcoin to boost assets. Political implications arise as Trump’s administration embraces crypto, prompting the “End Crypto Corruption Act” against potential market manipulation for personal gain.
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Vivek Ramaswamy’s Strive Raises $750M to Build Bitcoin Treasury, Includes Bitcoin Education Plan in Ohio Schools | DeepNewz VC
deepnewz
·
1m ago
Medial
Vivek Ramaswamy's investment firm, Strive, has raised $750 million to develop a Bitcoin treasury. The initiative, highlighted at the Bitcoin2025 event in Las Vegas, aims to support crypto infrastructure, tokenized products, and web3 startups. The event, held at The Venetian from May 27–29, focuses on strategy, risk, and efficient legal solutions in the crypto space. Participants were encouraged to engage in discussions about scaling and innovating within the industry.
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US investor Pompliano strikes $1 billion merger to create bitcoin treasury company
Economic Times
·
23d ago
Medial
US investor Anthony Pompliano has launched ProCap Financial, a bitcoin treasury company merging with Columbus Circle Capital I via a SPAC deal. ProCap will adopt innovative revenue strategies such as lending and derivatives, differentiating from traditional bitcoin treasury firms. Having raised $750 million in total, ProCap has attracted commitments from major institutional investors and crypto firms. Pompliano aims to develop a platform leveraging bitcoin for sustainable profits, reflecting the disrupting influence of bitcoin on traditional finance.
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Strive Raises $750M, Eyes $1.5B for Bitcoin Treasury and Asset Entities Merger, Targets $7.9B Mt. Gox Claims | DeepNewz VC
Business Bytes
·
1m ago
Medial
Strive has raised $750 million with an aim to establish a Bitcoin treasury. The company plans to purchase Mt. Gox Bitcoin claims and implement alpha strategies to outperform Bitcoin itself.
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Dream Sports’ FanCode Secures Multi-Year AFC Competition Rights In India
Inc42
·
1y ago
Medial
FanCode, a subsidiary of Dream11 parent Dream Sports, has acquired the exclusive streaming rights for various Asian Football Confederation (AFC) competitions for the 2023-24 and 2024-25 seasons through a sub-licensing agreement with Football Sports Development Limited (FSDL), the media rights holder for AFC competitions in India. The rights will cover multiple AFC competitions, including the AFC Champions League and AFC Cup. FanCode offers interactive live streaming in subscription formats and aims to bring renowned international football stars to Indian fans.
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Hong Kong’s Reitar Logtech Holding to Raise $1.5 Billion for Bitcoin Corporate Treasury, Following Vivek Ramaswamy’s Strive Asset Management | DeepNewz Hong Kong
Business Bytes
·
1m ago
Medial
Hong Kong’s Reitar Logtech Holdings plans a strategic acquisition of up to $1.5 billion in Bitcoin for its treasury reserves.
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Strive Raises $750M, Eyes $1.5B for Bitcoin Treasury and Asset Entities Merger, Targets $7.9B Mt. Gox Claims | DeepNewz VC
Business Bytes
·
1m ago
Medial
Vivek Ramaswamy’s company, Strive, has successfully raised $750 million with plans to establish a Bitcoin treasury. The strategy involves purchasing claims from Mt. Gox and implementing alpha strategies aimed at outperforming Bitcoin ($BTC). This initiative marks a significant move in leveraging Bitcoin as a strategic asset while exploring further opportunities in the cryptocurrency space.
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Fresh bitcoin hype shows crypto just can’t help itself
Wired
·
1y ago
Medial
The prospect of a spot bitcoin exchange-traded fund (ETF) being launched in the US has fueled hype and a surge in crypto prices. Investment firms like BlackRock and Fidelity are preparing to launch spot bitcoin ETFs, which would allow investors to hold bitcoin through a conventional financial product. Although the arrival of a spot bitcoin ETF signifies greater acceptance of bitcoin in legacy financial institutions, analysts warn against mis- and overstating the impact on bitcoin's price. While some believe it will increase demand, others predict a potential price plunge as investors quickly cash out.
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