Sweden-listed H100 Group has reported a pre-tax loss of 98 million Swedish kronor ($10.3 million) for the second quarter as the decline in Bitcoin's price weighed on the company's treasury holdings.
The proposed deal hands Metaplanet 95.7% at closing, while later capital depends on unexercised warrants and an optional preferred right.
Bitcoin is trading around $64,900 with a 1.3% gain in the last 24 hours, after briefly touching $65,000. Bitcoin's price has been trapped between $61,500 and $66,900 since July 8; implied volatility is at multi-year lows. The yield on the 30-year U.S. Treasury bond touched 5.
Institutional interest in Bitcoin is resurging, potentially driving regulatory clarity and stabilizing crypto market dynamics through regulated channels. Fidelity clients buy $134M in Bitcoin over two days as institutional appetite returns.
The Shanghai-based InsurTech firm closed a $154.7 million private placement funded entirely in crypto, with investors contributing Bitcoin directly rather than cash.
The minutes become a hawkish shock only if tightening support stretched beyond the three officials who formally dissented.
Bitcoin's whale accumulation is rising as BTC stays resilient despite growing macro pressure.
Similar setups have historically produced below-average 90-day and 180-day bitcoin returns, said the asset manager.
Large bitcoin holders added roughly 43,000 BTC worth about $2.75 billion over the past 60 days, according to Cryptoquant, ending months of steady selling from the same cohort.
Sweden's H100 reported a $26 million loss for the first half of the year, as it completed its acquisitions to become Europe's second-largest Bitcoin treasury by holdings.
Institutional investors' tactical management of Bitcoin ETFs highlights the asset's maturation, reflecting strategic buying opportunities and market stabilization. Bitcoin ETFs snap brutal outflow streak with $487M in net inflows.
SanDisk (SNDK) perp contract on Binance has surpassed two of the largest crypto assets, Bitcoin and Ether, in trading volume. The TradFi asset SNDK attracted more than $7.38 billion in volume over the past 24 hours.