News linked to both this project and an event.
According to an official announcement, Europe's first Bitcoin treasury company, Capital B (FR: ALCPB | US: CPTLF), announced the completion of a €7.6 million private placement. Strategic investor Adam Back subscribed to shares with four warrants attached (ABSA) at €0.58 per share, at a 15.4% premium over the previous trading day's closing price. If all warrants are exercised in full, an additional €49.4 million will be raised. The proceeds from this financing will be used primarily to accumulate Bitcoin reserves, expected to add 376 new BTC and bring the company's potential total holdings to 3,521 BTC. Following the financing, Adam Back's stake will increase to 17.77%.
Odaily News: BitcoinTreasuries.NET indicates that SATA, a subsidiary of Strive, has raised enough funds today to purchase 104 Bitcoin.
Odaily News, according to reports, U.S. Treasury Secretary Bessent recently urged Japan to raise interest rates to curb the continued depreciation of the yen. Analysts believe this highlights that traditional monetary policy is susceptible to government and external influences. In contrast, Bitcoin's monetary policy is preset by code, with new coin issuance following a fixed schedule and halving approximately every four years, offering greater predictability. In the short term, Bitcoin still finds it difficult to shake off shocks from traditional financial markets. If Japan's rate hike drives a rapid appreciation of the yen, low-interest yen financing trades accumulated over the long term could be unwound, potentially triggering sell-offs in stocks, bonds, and crypto assets. In August 2024, the Bank of Japan's rate hike strengthened the yen and put pressure on risk assets, including Bitcoin. On the technical front, BTC's 50-day moving average has been rising steadily and is close to crossing above the 200-day moving average, potentially forming a "golden cross." Analysts note that moving averages are lagging indicators, and the historical predictive performance of the golden cross as a standalone indicator has been unstable.
Odaily News - Bitfinex Securities, the tokenized investment platform under crypto exchange Bitfinex, has listed 5 tokenized notes, providing eligible investors with economic exposure to bitcoin treasury companies such as Strategy, Metaplanet, H100 Group, and Capital B. The platform has also listed Strategy's floating-rate perpetual preferred stock, STRC.The aforementioned notes are issued through the Luxembourg-based ORO (II) fund and managed by SICOS Securities. The underlying securities are held in custody by regulated financial institutions but do not grant investors direct ownership of shares in the corresponding companies. The products allow fractional investments starting from approximately $1 and support trading in USD, USDT, and Bitcoin, and are only available to eligible non-US investors.Bitfinex Securities stated that this marks the first time such products are available for secondary trading on a regulated tokenized securities exchange. Following the completion of a $50 million tokenized fundraising round for metals company Alkemya in August this year, the platform's total listed assets have surpassed $500 million. (Cointelegraph)
Odaily News, according to Bitcoin News monitoring, OCEAN operator Mummolin Inc. and co-founder Luke Dashjr issued a joint statement on August 29, agreeing to part ways. Luke Dashjr resigned as OCEAN Chairman, Chief Technology Officer, and Director, and Mummolin bought back all of his equity. Neither party disclosed the transaction amount nor Luke Dashjr's previous shareholding ratio. Both parties stated that the split stemmed from differing visions regarding the future direction of Bitcoin mining.The BIP-110 dispute subsequently escalated into a split of the Bitcoin chain. BIP-110, also known as the "Data Carve-out Temp Soft Fork," aims to restrict the use of Bitcoin transactions to store non-financial data, including content related to Ordinals. Before the activation period began, only 51 out of 2,016 blocks supported the proposal, accounting for 2.53%, falling below the 55% threshold required for activation.On August 8, nodes enforcing BIP-110 split from the Bitcoin main chain by rejecting blocks that did not support the proposal. On that day, the minority chain only produced 2 blocks before halting; since then, the chain mined 6 more blocks, bringing the total to 8 blocks. The initial alternative chain blocks were mined by the Roughnecks mining organization using OCEAN infrastructure.On August 10, other Bitcoin developers removed Luke Dashjr from the editor list of the Bitcoin Improvement Proposal repository, citing his involvement in BIP-110 and its editorial process. Luke Dashjr disputed this and stated that day that he would temporarily leave OCEAN to focus on Bitcoin and open-source development.Luke Dashjr is currently advancing a new project called CONVOY, using the X account @CONVOY_Mining. This project will continue his push for the decentralization of Bitcoin mining, though its specific structure and launch arrangements have not yet been announced. The X account was created in August 2026 and currently has 0 posts and fewer than 500 followers.OCEAN was founded by Mummolin and co-founded by Luke Dashjr in 2023, and previously secured a $6.2 million seed round led by Jack Dorsey. OCEAN operates under a non-custodial model, with mining rewards paid directly to miners rather than being held and distributed by the pool. OCEAN also developed the DATUM protocol, designed to give individual miners greater control over the transactions included in blocks they participate in mining. OCEAN stated that it will continue operating its transparent non-custodial mining pool and the DATUM protocol after Luke Dashjr's departure. According to Mempool.space data, OCEAN is still mining on the Bitcoin main chain.The change proposed by Luke Dashjr altered the proof-of-work algorithm of the alternative chain to Blake2b, which went live on the new chain at approximately 3:00 AM EST on August 30, making it a hard fork of the Bitcoin main chain. The new chain continued from block 961,639, which was mined before the chain stalled, and reduced mining difficulty fr
According to on-chain analyst Willy Woo (@willywoo), approximately 5% of the global population currently holds BTC, surpassing the 4.5% who hold gold and the 4% who hold the S&P 500. Woo noted that if BTC adoption remains at 5%, it is merely a conventional financial asset; however, if it rises to 50%, it could enable a separation between currency and the state.
Odaily News: Fomo, a social crypto trading app built for Robinhood Chain and other networks, entered the top five finance apps in the U.S. on August 21, briefly climbing to No. 3 and surpassing Cash App and prediction market Kalshi. It currently ranks in the top 15.Founded by Paul Erlanger and Se Yong Park, Fomo launched its public beta in May 2025. In November 2025, it completed a $17 million Series A round led by Benchmark, with participation from 140 angel investors; this was followed by a $75 million Series B round, bringing total disclosed equity funding to approximately $94 million.Fomo supports Solana, Base, BNB Chain, Monad, and Robinhood Chain, allowing users to view real-time trades of people they follow, track leaderboards, and copy trading signals, with instant deposits funded via Apple Pay. Its cumulative installs on Google Play have surpassed 1 million, with over 600,000 users and more than $4 billion in trading volume. (Bitcoin.com News)
Odaily News - Ireland's Deputy Prime Minister and Minister for Finance, Simon Harris, has announced that the new state-supported savings and investment scheme will exclude crypto assets and derivatives. The initiative aims to encourage residents to channel bank deposits into traditional capital markets, with Irish household bank deposits standing at approximately $197 billion, and cash accounting for around 38% of financial assets.The scheme is open to tax-resident individuals aged 18 and over, allowing them to hold exchange-traded funds, listed company shares, and corporate bonds under a simplified tax regime, replacing the 33% capital gains tax and 41% fund exit tax with a fixed annual fee above the tax-free threshold. Specific operational details are expected to be published in October, with accounts slated to launch in 2027.Ireland's Department of Finance has issued a national anti-money laundering strategy running through 2030. Under the new rules, starting in 2027, regulated service providers must verify ownership of external wallets when processing transfers exceeding $1,150 from non-custodial wallets, and use automated controls to identify transfers with incomplete transaction information. (Bitcoin.com News)
Odaily News – Enterprise software company Strategy holds 840,400 BTC valued at approximately $66.4 billion. Based on a Bitcoin price of roughly $79,007, this represents an increase of about 4.4% from the average purchase cost of $75,653, with paper profits exceeding $2.8 billion.Michael Saylor posted a holdings chart on Sunday with the caption "We're Back." Strategy has not added to its Bitcoin position for about two months and typically discloses weekly purchases on Monday mornings; this post did not indicate whether a purchase is imminent.Strategy recently raised $334 million by selling MSTR stock without touching its Bitcoin holdings; in recent months, it has also sold small amounts of Bitcoin to pay preferred stock dividends and fund share buybacks. (Decrypt)
Odaily News Cryptoquant founder and CEO Ki Young Ju stated that the peak of Bitcoin's current bull market cycle may be driven by institutional capital outside the United States and ETF demand. He pointed out that deeper stablecoin liquidity and tokenized asset infrastructure will expand global market participation.Ki Young Ju cited South Korea as an example, noting that the country currently has no spot Bitcoin ETFs, retail investors cannot purchase overseas-listed spot Bitcoin ETFs, and most companies are unable to open trading accounts to buy BTC. South Korea has gradually opened up corporate participation in phases, with the Financial Services Commission (FSC) roadmap covering approximately 3,500 listed companies and qualified professional investors, but financial institutions and other businesses remain excluded.Strategy's Bitcoin bank adoption index evaluated 25 major institutions covering trading, custody, digital asset products, financing, and corporate participation, with an overall adoption rate of 32%. As of August 29, RWA.xyz data shows that the distributed asset value of global tokenized assets is $38.63 billion, up 2.65% from 30 days ago.The Bank for International Settlements (BIS) stated that stablecoins have the potential to enable faster, programmable payments, but current designs may pose financial integrity, liquidity, and monetary risks. Ki Young Ju pointed out that U.S. spot Bitcoin ETFs recorded cumulative net inflows of approximately $57 billion in the first two years since launch, and the next phase will be global institutionalization, with more institutions adopting BTC as a strategic asset, and countries lacking ETFs will also improve relevant investment channels. (Bitcoin.com News)
The company plans to raise $12.5 million through an initial offering of perpetual preferred securities. The proceeds will fund an AI treasury, a Bitcoin treasury, and a U.S. dollar reserve covering approximately 18 months of preferred stock dividends. The company stated that the final offering size, dividend rate, and timing remain to be determined.
Odaily News: Digital asset infrastructure company BitGo has announced the completion of its acquisition of NYDIG's institutional trading business. The transaction employs a two-step merger structure, with total consideration of approximately $42.5 million, including $7 million in cash and approximately $35.5 million in BitGo stock.The business brings approximately 30 NYDIG employees and institutional client relationships into BitGo, offering derivatives, structured products, financing, and capital markets solutions to asset management firms, hedge funds, corporations, and family offices.The transaction also includes performance-based incentive provisions, including a $10 million cash payment tied to a revenue milestone, up to $5 million in cash and additional shares tied to a second milestone, as well as retention incentives for transferred employees.NYDIG will focus on power generation, Bitcoin mining, and high-performance computing data center operations, with the company disclosing a development pipeline exceeding 3 gigawatts. BitGo recently completed its IPO on the New York Stock Exchange, with a post-issuance valuation of approximately $2 billion, and launched the USDS token. (Decrypt)
: Capital B has issued approximately 36.22 million share warrants (ABSA) to global institutional investors at an issue price of €0.58 per share, raising approximately €21 million, with net proceeds of approximately €19.9 million after deducting related fees. Strategic investors include early Bitcoin developer Adam Back and asset management company TOBAM, with Maxim Group acting as the sole placement agent. Capital B is a French listed company focused on Bitcoin reserves, primarily advancing a Bitcoin treasury strategy. The funds from this round are planned to be used to purchase approximately 270 additional Bitcoins, and upon completion of the transaction, its Bitcoin holdings are expected to increase to approximately 3,415 BTC.
IREN reported Q4 fiscal 2026 revenue of $137.2 million, roughly in line with expectations; adjusted EBITDA was $19.2 million, approximately 53% lower than expected. AI cloud services revenue increased quarter-over-quarter from $33.6 million to $70.5 million, while Bitcoin mining revenue declined from $111.2 million to $66.7 million. The company currently operates approximately $1 billion in ARR, with FY2026 capacity nearly sold out, corresponding to a contractual ARR of about $4 billion, and has signed a new multi-year contract with a frontier AI lab. Recent three-year contracts generate over $20 million per IT MW in revenue, with some negotiated prices reaching approximately $25 million. IREN plans to increase cumulative IT capacity from roughly 0.3GW in FY2026 to around 0.8GW in FY2027; existing cash, committed GPU financing, and customer prepayments total approximately $14 billion.
Odaily News: BitGo has announced the acquisition of NYDIG’s institutional trading business and related assets, incorporating derivatives, structured products, financing, and capital markets capabilities into its institutional platform. Approximately 30 NYDIG employees will join BitGo, and NYDIG’s institutional trading client relationships will also transfer to BitGo as part of the deal. BitGo will integrate the related business with its custody, trading, settlement, and wallet infrastructure. NYDIG will focus its resources on power generation, Bitcoin mining, and high-performance computing data center operations. NYDIG stated that its hash rate infrastructure development pipeline currently exceeds 3 gigawatts, with over 1 gigawatt expected to be ready for delivery in 2027 and 2028.
Odaily News: Digital asset investment platform Rockawayx has acquired digital asset hedge fund Relayer Capital, incorporating its directional long/short strategy into its approximately $2 billion investment platform. Relayer Capital founder Austin Barack will continue to oversee the strategy and assume the role of Chief Investment Officer of the newly renamed Rockawayx Liquid Opportunities Fund.Rockawayx CEO Viktor Fischer stated that the fund will invest in highly liquid crypto tokens and digital asset-related equities, with a focus on identifying assets that are mispriced relative to their business fundamentals, market position, or growth prospects. The fund is currently open to new external investors.Rockawayx disclosed that the strategy's estimated net return from the start of 2026 through August 21 stands at approximately 70%, outperforming a weighted portfolio of Bitcoin, Ethereum, and Solana by 86 percentage points. Major contributing positions include Venice AI, Hyperliquid, Grass Network, Pump.fun, and Zcash, with investment themes centered on AI and tokenized real-world asset markets.The acquisition adds a directional liquid strategy to Rockawayx's venture capital and market-neutral businesses. Rockawayx also operates infrastructure and onchain liquidity divisions, noting that these capabilities support its team in identifying blockchain market opportunities across stages—from early-stage funding and token issuance to public market trading. (Bitcoin.com News)
According to Odaily, the Iranian rial hit a record low this week, with the open market exchange rate falling to approximately 2.02 million rials per US dollar on August 24, compared to around 1.53 million rials in the first quarter. During the same period, the US government launched "Operation Economic Exodus," adding more than 60 entities to the Treasury Department's blacklist and, for the first time, designating digital assets as a sanctionable category.State-controlled farms linked to Iran's Islamic Revolutionary Guard Corps (IRGC) control approximately 65% of Iran's Bitcoin mining capacity. Iranian miners have accounted for roughly 3% to 7% of global Bitcoin hashrate since 2019, with the mined Bitcoin valued at an estimated $1.35 billion to $3.15 billion at various stages.Iran legalized Bitcoin mining in 2019, allowing licensed operators to use industrial electricity at approximately $0.004 per kilowatt-hour and sell the mined tokens to the Central Bank of Iran. Chainalysis estimates that IRGC-affiliated wallets received over $3 billion in Q4 2025; Elliptic states that the Central Bank of Iran holds at least $507 million in USDT.The US Treasury sanctioned Nobitex, Wallex, Bitpin, and Ramzinex in June. Nobitex had processed more than half of Iran's digital asset inflows; in April, the US Treasury seized nearly $500 million in Iran-linked crypto assets. (Bitcoin.com News)
Odaily News: RockawayX, which manages approximately $2 billion in assets, is seeking to raise $150 million for a new liquidity opportunity fund. RockawayX has previously acquired the crypto hedge fund Relayer Capital. Austin Barack, founder of Relayer Capital and former Partner at CoinFund, will continue to work at RockawayX and manage this fund. The fund will focus on investing in undervalued tokens and crypto-related stocks. Recently, Bitcoin, Ethereum, and Solana have all risen more than 20% over the past week. Meanwhile, crypto venture capital firms such as Paradigm and Framework Ventures are incorporating fields like AI and robotics into their investment strategies.
Odaily News: Bitcoin treasury company Strategy's Bitcoin holdings are currently valued at $66.7 billion, with annual obligations such as preferred stock dividends and interest amounting to approximately $1.76 billion. According to Regime Intelligence analysis, the company's 840,447 BTC holdings correspond to roughly $22 billion in debt and priority claims, and continued access to capital market financing serves as the foundation for meeting its obligations.Stress tests show that Bitcoin prices would need to fall by approximately 96% before Strategy's Bitcoin holdings and reserves would be insufficient to cover its convertible bonds; its debt is not a traditional Bitcoin-collateralized margin loan, and there is no BTC margin call mechanism triggered by price declines.Report author Sherif Saad stated that Strategy needs to maintain its financing cycle to cover annual debt and preferred stock expenses, with cash reserves currently covering approximately 2.6 times the related annual expenses. If the financing environment deteriorates, the company may rely more heavily on reserves and Bitcoin sales to meet its obligations.Strategy has sold Bitcoin four times since May, with the most recent sale involving 1,690 BTC, using the proceeds to pay preferred stock dividends, repurchase shares, and increase its dollar reserves. CEO Phong Le said earlier this month that the company has purchased approximately 25 times the amount of Bitcoin it has sold this year, and plans to resume purchases later this year. (Cointelegraph)
Strategy (formerly MicroStrategy) CEO Michael Saylor denied reports that the company sold Bitcoin due to financing pressures, clarifying instead that it maintains ample cash reserves and continues to steadily increase its holdings.