A London listed firm Satsuma Technology PLC  has successfully raised £163.6 million with Bitcoin settlements.  The decentralized AI infrastructure and corporate Bitcoin treasury strategy raised  $217.6 million USD through its second secured convertible loan note offering. The amount exceeded its minimum target by roughly 64%.  The fundraising closed with the round led by ParaFi Capital and supported by major digital‑asset investors including Pantera Capital, DCG, Arrington Capital, Kraken, BTC Opportunity Fund, and Borderless Capital. Notably, investors subscribed £96.9 million of the total in Bitcoin, contributing exactly 1,097.29 BTC in lieu of cash.  This marks the first instance of a London-listed…

Brazil’s House of Representatives has proposed legislation to establish a national Bitcoin reserve in the country.  A public hearing will take place on August 20, 2025, to deliberate on this landmark bill.  The Central Bank of Brazil, the Ministry of Finance, a national crypto advocacy group, representatives from the banking sector, and fintech companies are expected to participate in the hearing. If the bill gains approval in the lower chamber, it will proceed to the Federal Senate.  The final enactment would depend on President Luiz Inácio Lula da Silva, who holds the authority to sign the bill into law or…

Indonesia is taking bold steps by setting up a  Bitcoin National Reserve, following the footsteps of the United States of America.  It is reported that the Indonesian Vice President’s office has initiated conversations with prominent Bitcoin advocates to explore how Bitcoin could serve as a national reserve asset.  Indonesia seems to recognize the transformative potential of digital assets and their growing relevance in global finance.  Indonesia’s financial reserve is traditionally dominated by fiat currencies, gold, and other conventional assets.  Bitcoin, with its decentralized nature and finite supply, presents a unique opportunity to hedge against inflation and currency devaluation. Unlike traditional…

BlackRock’s iShares Bitcoin Trust (IBIT) saw $292.5 million in outflows on Monday, marking its biggest single-day withdrawal in two months. This follows a smaller outflow on Friday, which ended a 37-day streak of continuous inflows. The pullback came as Bitcoin dropped over the weekend, falling 8.5% from its July 14 all-time high to hit $112,300 on Sunday. It later rebounded slightly, reaching around $115,000 by late Monday. Despite this recent dip, the outflow is minor compared to IBIT’s strong July performance, when it brought in a net $5.2 billion, about 9% of its total inflows since launching in January 2024.…

MARA Holdings’ Q2 revenue report is outstanding, demonstrating that Bitcoin mining can be highly profitable with advanced infrastructure. The company’s revenue of $238.5 million exceeded analyst expectations of $223.7 million, while its net income surged 505% year-over-year to $808 million, a sharp turnaround from a $200 million loss in Q2 2024. The income surge was primarily driven by a $1.2 billion unrealized gain from Bitcoin ( at $118,184) appreciation, with its value increasing 31% over the three months ending June 30. MARA Holdings Share Price Witnesses an Uptick Following the earnings announcement, MARA Holdings (MARA) shares initially jumped as much…

American billionaire and hedge fund manager Ray Dalio has suggested allocating 15% of a portfolio to Bitcoin or gold to achieve the “best return-to-risk ratio,” especially given the U.S.’s growing debt and weakening dollar. While Dalio admitted he owns “some Bitcoin,” he still “strongly prefers gold.” He added that how investors divide the 15% between Bitcoin and gold is a personal choice, Speaking on the Master Investor podcast on Sunday. This recommendation is a notable shift from his January 2022 advice, when he suggested only a 1% to 2% allocation to Bitcoin. “If you were optimizing your portfolio for the…