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  • Top cryptos to buy as Ukraine eyes Bitcoin

    Top cryptos to buy as Ukraine eyes Bitcoin

    • Ukraine lawmaker to introduce a bill on strategic Bitcoin reserve
    • Analyst says crypto growth opportunity greatly underestimated
    • Bitcoin Pepe soars as investors look for other opportunities

    Ukraine is looking to join the global race towards a strategic Bitcoin reserve, according to a local report citing Ukrainian member of parliament Yaroslav Zhelezniak.

    When introduced, the proposal will seek to establish a Bitcoin reserve with help from global crypto exchange Binance.

    The country’s move comes as the crypto market gets massive traction, with Bitcoin exploding to above $100k again to return bullish belief to the market.

    With geopolitical and global trade tensions cooling off significantly, analysts are calling for new momentum for risk assets.

    Bitcoin and Ethereum, the top two coins by market cap, sit at the top of the narrative.

    This is as investors, buoyed by overall sentiment and regulatory developments in the United States, eye what crypto may be a great buy today.

    A market free of the uncertainty of tariffs and regulations has risk appetite back and Anthony Scarammucci, it may yet be too early for investors.

    Binance backs initiative

    Local reports on Thursday are that Ukraine is eyeing a key proposal that would allow for the creation of a national Bitcoin reserve.

    Binance, which is a major player in the crypto space, will back this strategic Bitcoin reserve.

    While a bill to this effect is yet to make it to the floor of Ukraine’s parliament, its introduction, expected to be soon, will add a new dimension to something that’s already a global trend-  Bitcoin adoption.

    Yaroslav Zhelezniak says the initiative will exclusively be on the hodling of Bitcoin – not a crypto reserve.

    But more importantly, Ukraine could become the first European country to create a SBR.

    But the bill, if passed, has more than a state-owned BTC reserve in place.

    It speaks to a shift that points to regulator clarity.

    This same outlook is getting traction across the US and in other countries. Notable developments have included reports of strategic Bitcoin reserve proposals in Brazil, Russia, Taiwan and Sweden among others.

    Bitcoin and the crypto market: Is it too early to buy?

    The trend, combined with Binance’s growing footprint as a crypto partner for several countries including Kyrgyzstan and Pakistan, augurs well for cryptocurrency as a whole.

    Governments focused on regulatory clarity is why some analysts say its early for investors.

    Scaramucci commented on the impact of such an outlook for Solana and Bitcoin while at Consensus 2025. He says the market may not be “bullish enough”on Bitcoin and Solana.

    According to the Skybridge Capital founder, crypto is on the cusp of exposive investment.

    BTC and SOL stand out, with factors such as capital inflows from Wall Street key.

    Exchange-traded funds (ETFs) that have attracted billions of dollars in inflows sets the bullish tone.

    In Scaramucci’s view, crypto’s growth potential may well be massively underestimated. Whales scooping up millions of coins at recent lows highlight this outlook.

    Bitcoin Pepe soars as investors look for other opportunities

    While countries hone in on national strategic Bitcoin reserves, Interest in crypto goes beyond BTC and ETH.

    The $3 trillion market has major altcoins such as Solana, XRP and Cardano that continue to attract noticeable attention.

    However, interest in new tokens like Bitcoin Pepe is massive due to the potential for turning early bids into staggering returns.

    Investors looking for the next gem leverage predictions for memecoins, decentralized finance, real-world assets, AI and decentralized physical infrastructure.

    Bitcoin Pepe, a project set to bring memecoins to Bitcoin’s $2 trillion market, has accelerated through a presale that so far boasts more than $8.2 million raised.

    As a layer 2 meme for BTC, Bitcoin Pepe has another key feature – it boasts the speed and low fees of Solana.

    In just over two weeks, the Bitcoin Pepe token BPEP will launch on its first crypto exchanges.

    While it may not land on Binance right away, the potential for traction means it will end up on most major exchanges.

    Currently, Bitcoin Pepe’s presale price is $0.0326.

    With the broader risk asset market on track for a new leg up, BPEP could be one of the best coins to buy today. Its presale end on May 31, 2025.

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  • Michael Saylor’s Strategy to raise up to $21b to buy more Bitcoin

    Michael Saylor’s Strategy to raise up to $21b to buy more Bitcoin

    • Strategy is the world’s largest corporate holder of Bitcoin
    • Fresh purchases with the new capital will push the company’s total BTC holdings beyond 500,000 BTC.
    • Michael Saylor recently attended the White House Crypto Summit.

    Strategy, formerly MicroStrategy, has announced plans to raise additional capital for general corporate operations, including the purchase of more Bitcoin (BTC).

    In the announcement on Mar. 10, Strategy said it had plans to issue and sell shares of up to $21 billion in its at-the-market (ATM) program.

    The offer will be for its 8.00% Series A Perpetual Preferred Stock (STRK), with proceeds expected to fund the company’s general corporate purposes. Most of this will go into more Bitcoin purchases as Strategy continues to accumulate BTC. Strategy will also utilize raised funds for working capital.

    Strategy’s holdings just under 500k BTC

    Michael Saylor’s artificial intelligence and business intelligence company – now the world’s largest corporate BTC company- first added BTC as a treasury asset in 2020. Since then, its been a prolific buyer of the benchmark digital asset.

    With its last purchase in February 2025, Strategy pushed its haul to 499,096 BTC.

    This is where it currently stands, with total holdings just below the landmark 500,000 bitcoin. So far, the company has spent $33.1 billion to buy Bitcoin. Per details, the company’s average purchase price was $66,357 per bitcoin.

    News that Saylor was looking to buy more BTC slightly buoyed bulls during early trading on Mar. 10. Per market data, the top cryptocurrency’s price hovered around $83,252 at the time of writing.

    While price was down 1.4% in the past 24 hours, the slight gains had seen BTC rebound from lows of $80,120. BTC nonetheless continues to struggle despite last week’s executive order on a Strategic Bitcoin Reserve and the first-ever White House crypto summit.

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  • UK man looks to buy landfill site amid search for $784m lost Bitcoin

    UK man looks to buy landfill site amid search for $784m lost Bitcoin

    Bild von Bitcoins vor einem Mond
    • James Howells claims to have lost a hard drive with 8,000 BTC at a landfill site in 2013.
    • The man now wants to buy the landfill site as the search for the lost BTC worth over $784 million continues.

    James Howells, the man who has been in search of his lost bitcoin worth over $784 million since 2013 is seeking to buy a landfill.

    Howell claims to have mistakenly discarded a hard drive that contained 8,000 BTC and is seeking to buy the landfill site where he lost it in an attempt to recover his fortune.

    The man filed a lawsuit in a bid to have the Newport Council dig up the landfill to try and find the lost bitcoin.  In over 10 years Newport Council has made no attempts to try to recover the discarded bitcoin.

    The quest for lost BTC

    James Howells reported that his fiance discarded the hard drive containing cryptocurrency estimated to have a market value of $784 million in the landfill site in 2013. In an attempt to get his crypto assets back, Howells wants to buy the landfill site.

    BBC recently reported that Howells has approached various investors with a bid to potentially buy the whole landfill site.

    Since 2013, Howells claims that Newport city council have disregarded his plea to be allowed to search for his fortune. The city council has announced plans to have the landfill site converted to a solar farm. They have since acquired planning permission to establish a solar power firm on the site.

    Howells had filed a lawsuit against the council seeking legal grounds to hunt for the accidentally discarded bitcoin. In January, a high court judge made a ruling dismissing the case that required Newport council to forcefully allow Howells to search for his bitcoin.

    During the hearing, Howells noted that Newport council claimed that granting him a search warrant would have detrimental effects on the people around Newport. Plans to close the landfill were also underway, and that would be soon.

    After failed attempts to have the council retrieve the hard drive worth millions for him, Howells offered to buy the whole landfill.

    “I have discussed this option recently with investment partners and it is very much on the table,” he said, according to the BBC.

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  • Genius Group to raise $33m to buy more BTC

    Genius Group to raise $33m to buy more BTC

    • Genius Group has announced a $33 million rights offering.
    • The company will use net proceeds from the sale to buy Bitcoin.
    • Genius Group holds $35 million in BTC and could see holdings rise to $86 million with plans for additional $20 million loan.

    Publicly-listed artificial intelligence firm Genius Group plans to raise $33 million to buy additional Bitcoin (BTC) as part of its BTC treasury.

    Genius Group announced on Jan. 14 that the company’s board of directors had approved a rights offering plan for $33 million. The company will use net proceeds from the shares sale to purchase more Bitcoin.

    As well as the rights offering, Genius Group is eyeing further financing, with one or more loan options aggregating to $20 million on the table. The company’s current BTC treasury stands around $35 million, which means successful raises from the offering and via the loans option could see Genius Group’s total Bitcoin haul rise to $86 million.

    Bitcoin strategy

    AI-powered Genius Group’s move to add to its Bitcoin treasury comes amid a broader surge in public and private companies buying BTC to add to their balance sheets. This trend picked momentum in 2024 following major expansion efforts by the leading corporate holder of BTC MicroStrategy.

    Having inspired other companies like Metaplanet, KULR Technologies and multiple Bitcoin mining companies, MicroStrategy’s playbook is now a major talking point in boardrooms. Nasdaq-listed Heritage Distilling recently adopted the Bitcoin strategy.

    Despite shareholders of Microsoft down voting a proposal that sought to have the tech giant add BTC to its treasury, experts are upbeat tha its early days. Meta is facing a similar proposal.

    The approval of spot Bitcoin exchange-traded funds in the U.S., with BlackRock’s IBIT currently holding billions of dollars in BTC is another big development in the past year.

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  • iDEGEN price prediction: Is this the AI agent token to buy?

    iDEGEN price prediction: Is this the AI agent token to buy?

    Multiple small cap cryptocurrencies are witnessing notable price gains as profit taking cools for the major coins.

    Zerebro and Goateus Maximus rank as two of the biggest daily gainers as Bitcoin regains support above $94k. As traders eye potential bullish momentum in the coming months, what’s the price prediction for AI agent token iDEGEN?

    Will it explode to surpass sector rivals ai16z, ZEREBRO and GOAT? Is the outlook for Bitcoin key?

    What next for Bitcoin and altcoins?

    The overall sentiment remains bullish, but immediate action for most altcoins is slightly bearish. Analysts looking at Bitcoin and the altcoin market suggest the bull market correction may yet extend. For Bitcoin for instance, bulls may have to defend the $90k-$85k area if bears establish control short term.

    Ran Neuner, crypto trader and founder of Crypto Banter, has pointed to the Crypto Fear & Greed Index. He shared via X:

    “Corrections are a function of a change in sentiment from exuberance to fear. In every bull market correction the fear and greed drops by at least 40 points! I think the high was around 92 and we are at 65 now.”

    Notably, the market sentiment analysis tool shows “greed.”

    How is iDEGEN unique?

    What sets iDEGEN apart and a factor to its massive traction in the past month is its innovative blend of artificial intelligence and meme culture.

    The project taps into advanced AI agent technology but instead of feeding it pre-configured or knowledge, the team threw a blank slate AI to the world for training. There are no guardrails or limits to what iDEGEN can learn or become.

    Specifically, iDEGEN is degen raised, with every morsel of alpha or chaotic spew learned on X.

    Over the past month, the project has learned and posted every hour, evolving amid increased interaction with the crypto degens. Taking the community-driven approach looks to have appealed to the greater crypto market, with the explosive run to over $11 million in premarket auction a pointer to this.

    iDEGEN price prediction

    In recent weeks, ai16z, Zerebro and aixbt have rallied hard as analysts predict the sector will lead the market in 2025. This outlook makes the native iDEGEN token IDGN one to watch as it hits the market.

    Given, iDEGEN has reached over $11 million in premarket auction, hitting the milestone ahead of the token’s listing on crypto exchanges. However, the token’s value amid the dynamic pricing model has the price poised at $0.318.

    With the final value set for a 10% bump on listing debut, it could be much higher when it hits the market.

    Need to learn more about iDEGEN? Visit the official website here.

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  • Saylor posts MicroStrategy’s BTC tracker: Another Buy?

    Saylor posts MicroStrategy’s BTC tracker: Another Buy?

    Das Microstrategy-Logo auf einem Smartphone
    • Michael Saylor, founder of MicroStrategy, has shared the company’s Bitcoin tracker on X.
    • The market expects an annoncement that the company has acquired another chunk of BTC.
    • Bitcoin price hovered near $94,800 at the time of Saylor’s post on Dec. 29

    MicroStrategy founder Michael Saylor has posted the company’s Bitcoin (BTC) tracker chart on X again.

    In recent months, every such post has been followed by an announcement that the world’s largest corporate holder of the flagship digital asset had acquired another haul.

    Industry experts and observers have been quick to point out that MicroStrategy is about to announce another major BTC purchase.

    Noticeably, MicroStrategy has acquired additional BTC for billions of dollars in recent months, with these following such hints. The company announced it bought 27,200 BTC worth $2.03 billion on Nov. 10; another 51,780 BTC worth $4.5 billion on Nov. 17 and $5.32 billion for 55,500 BTC on Nov. 24.  The company’s buying spree also saw it add 15,350 bitcoins in mid-December.

    MicroStrategy so far holds 444,262 BTC

    Most recently, MicroStrategy acquired 5,262 BTC for $561 million, with the acquisition announced on Dec. 23 indicating the company bought at the average purchase price of $106,662 per bitcoin. This brought the total  BTC holdings as of Dec. 22, 2024 to 444,262 BTC, which MicroStrategy has cumulatively acquired for roughly $27.7 billion since 2020.

    The average purchase price of this entire haul, its dollar cost averaging, stood at $62,257 per bitcoin at the time of writing. Per Saylor portfolio tracker, the company’s holdings stand at $42.16 billion with Bitcoin price hovering near $94,780. Overall profit is over $14.5 billion.

    Here’s Saylor’s latest post on X:

    Bitcoin traded above $94k on Dec. 29, holding above the level after bears rejected bulls’ advances near the $100k level. Earlier this month, bulls recovered from lows of $92k – having suffered the massive slump from above the all-time high of $108k.

    While BTC price has not skyrocketed amid recent MicroStrategy buys, the market is extremely bullish amid the combination of the buy pressure, spot ETFs demand and other positive catalysts. Analysts say it could rally to $150k-$200k in 2025.

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  • Hoth Therapeutics to buy up to $1 million worth of Bitcoin

    Hoth Therapeutics to buy up to $1 million worth of Bitcoin

    Hoth Therapeutics, a publicly-traded biopharmaceutical company, has adopted Bitcoin (BTC) as a treasury asset.

    The clinical-stage biopharmaceutical company announced on Nov. 20 that its board of directors had approved adding BTC to its balance sheet. In the first step of this significant move, Hoth Therapeutics will buy up to $1 million in Bitcoin, according to details in a press release.

    Big move as Hoth buys Bitcoin

    Hoth points to Bitcoin’s traction as an investment asset, global adoption and rising institutional purchase as key to its decision. Bitcoin ETFs and options approval, increased ETF inflows and assets as well as plans for strategic BTC reserves has also buoyed several platforms.

    The Hoth management team also looked at BTC as a hedge against inflation and store of value as crucial features.

    “As Bitcoin continues to grow, gaining investor attention and acceptance as a major and primary asset class, we believe that Bitcoin will serve as a strong treasury reserve asset,” Robb Knie, chief executive officer of Hoth said.

    “With recent approval of Bitcoin ETFs and increasing activity from institutional investors, it is a strong addition to our treasury strategy. We believe its inflation-resistant characteristics may make it a reliable asset as a functional store of value,” Knie added.

    Hoth’s move comes as MicroStrategy, the company that has acquired a massive BTC haul since its first purchase in 2020, added to its holdings with a $4.6 billion purchase. Other companies, including ‘Asia’s MicroStrategy’ Metaplanet are looking to follow suit.

    Endowments, pension funds and family offices are among those to also take a serious look at Bitcoin.

    Meanwhile, the price of Bitcoin has surged to new all-time highs above $94,000 amid positive sentiment since Donald Trump’s re-election. Analysts say the benchmark crypto asset will surpass $100k, going parabolic in the next months.

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  • Metaplanet to buy additional $11.7 million Bitcoin

    Metaplanet to buy additional $11.7 million Bitcoin

    Metaplanet loads more bitcoins with 42,466 BTC purchase
    • Metaplanet to raise ¥1.75 billion (over $11.7) in bonds to buy Bitcoin (BTC).
    • The publicly-listed Japanese company has also unveiled a shareholder benefits program.

    Metaplanet, a publicly-traded company listed in Japan, has announced plans to buy more Bitcoin (BTC) to add to its growing haul.

    On Nov. 18, the Tokyo Stock Exchange listed Bitcoin Treasury Company announced it was looking to raise ¥1.75 billion in bonds to buy the flagship cryptocurrency.

    The firm has issued one-year 0.36% bonds at ¥1.75 billion, approximately $11.7 million, and will use the proceeds to purchase more BTC. Currently, Metaplanet holds over 1,000 BTC.

    Metaplanet is Japan’s MicroStrategy

    Metaplanet’s board of directors resolved to issue the third series ordinary bonds during a meeting held on November 18, 2024, according to a regulatory disclosure. The bondholder will be EVO FUND, while the bonds will mature on November 17, 2025.

    In Oct., Metaplanet announced it had adopted ‘BTC Yield’ as a key performance indicator. This followed the industry pioneer MicroStrategy whose strategy continues to inspire several other companies. On its part, MicroStrategy is eyeing $42 billion in capital over the next two-to-three years to buy Bitcoin.

    Earlier this month, Michael Saylor revealed the US-based firm had acquired an addition 27,200 BTC for over $2 billion. Since the company started buying the scarce asset, it has hoarded 279,420 bitcoins purchased for over $11.9 billion.

    Over the past year, MicroStrategy’s treasury operations have seen holders get 26.4% in BTC Yield – representing 157.5 BTC in daily accumulation. As Saylor recently noted, his company has achieved this “without the operational costs or capital investments typically associated with bitcoin mining.”

    Metaplanet has announced a shareholder benefits program. According to the company, the program will offer exclusive perks and other added value offerings to shareholders. The firm is teaming up with VC Trade, Hotel Royal Oak Gotanda, The Bitcoin Conference, Bitcoin Magazine, and Webull Securities on this initiative.

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  • Bitfarms agrees to buy Stronghold Digital for $175M in stock and debt

    Bitfarms agrees to buy Stronghold Digital for $175M in stock and debt

    Bitfarms agrees to buy Stronghold Digital for $175M in stock and debt
    • Bitfarms to acquire Stronghold Digital for $175M in stock and assumed debt.
    • Bitfarms’ stock fell 8%, while Stronghold’s rose 60% following the news.
    • Riot Platforms, holding 19% of Bitfarms, previously attempted a takeover in June.

    In a significant development within the cryptocurrency mining sector, Bitfarms (BITF), a leading Bitcoin mining company, has announced its acquisition of rival Stronghold Digital (SDIG) for $175 million. The deal, which includes $125 million in stock and the assumption of $50 million in debt, marks a strategic move by Bitfarms as it continues to navigate a competitive industry landscape.

    The acquisition terms specify that Stronghold shareholders will receive 2.52 Bitfarms shares for each Stronghold share they hold. This represents a 71% premium based on Stronghold’s 90-day volume-weighted average price on Nasdaq as of August 16.

    The stock-for-stock transaction reflects Bitfarms’ aggressive growth strategy, despite recent challenges and market volatility.

    Giving Stronghold Digital a lifeline

    The deal comes on the heels of Stronghold’s announcement in May that it was exploring strategic alternatives, including a potential sale.

    Stronghold, based in New York, has been actively considering its options in response to the evolving market conditions.

    The acquisition provides Stronghold with a lifeline while enabling Bitfarms to consolidate its position in the market.

    Riot Platforms abandoned Bitfarms takeover bid

    Bitfarms’ move to acquire Stronghold is particularly noteworthy as it comes at a time when the company is also contending with an ongoing approach by Riot Platforms (RIOT).

    Riot, which holds nearly 19% of Bitfarms, previously attempted to acquire the Toronto-based company in June. However, Riot chose to abandon the bid temporarily, opting instead to overhaul Bitfarms’ board of directors.

    This strategic manoeuvre has kept Bitfarms in the spotlight, as Riot’s interest in the company is likely to continue influencing its future actions.

    The market reaction to the acquisition has been mixed, with Bitfarms’ stock dropping nearly 8% in pre-market trading, while Stronghold’s shares surged by about 60%.

    This acquisition underscores the ongoing consolidation within the cryptocurrency mining industry as companies seek to strengthen their positions in a rapidly evolving market.

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  • Riot Platforms wants to buy Bitfarms for $950 million

    Riot Platforms wants to buy Bitfarms for $950 million

    Riot Platforms wants to buy Bitfarms for $950 million
    • Riot Platforms offers $950M to acquire Canadian Bitcoin miner Bitfarms.
    • Bitfarms is facing leadership turmoil amid CEO Geoffrey Morphy’s lawsuit.
    • The merger would create largest publicly listed Bitcoin miner by capacity.

    Riot Platforms, a prominent Bitcoin miner and Bitfarms’ largest shareholder, has made a hostile takeover offer of $950 million for Bitfarms, a Canadian Bitcoin mining company.

    Riot’s buyout offer represents a 24% premium over Bitfarms’ one-month volume-weighted average share price as of May 24, 2024.

    Shareholders to own 17% of Bitfarms after Riot’s takeover

    Riot Platforms, already the largest shareholder in Bitfarms with a 9.25% stake, had initially approached Bitfarms’ board with a private offer on April 22.

    However, following the rejection of the offer, Riot has now taken the proposal public.

    The deal would involve a combination of cash and common stock, with Bitfarms shareholders standing to own approximately 17% of the merged entity.

    Bitfarms’ disputes with former CEO

    The timing of Riot’s bid coincides with a period of transition and turmoil within Bitfarms’ management. The company has been grappling with the departure of its CEO, Geoffrey Morphy, who was dismissed in May amidst a legal dispute.

    Morphy’s abrupt exit and subsequent lawsuit against Bitfarms for breach of contract and wrongful dismissal have raised questions about the company’s leadership stability and governance practices.

    Riot Platforms has seized upon these developments to assert its case for the acquisition, alleging that certain directors, including Bitfarms’ co-founders Nicolas Bonta and Emiliano Grodzki, may not be acting in the best interests of shareholders.

    Riot has pledged to push for the addition of new, independent directors to Bitfarms’ board through a special shareholders meeting scheduled after the company’s upcoming Annual General and Special Meeting on May 31.

    Bitfarms’ disappointing earnings compared to Riot Platforms

    Notably, Bitfarms’ disappointing earnings in 2023, despite a costly technical upgrade, have contributed to its vulnerability.

    Analysts had expected better performance post-Bitcoin halving, but Bitfarms’ April earnings dropped 29% year-on-year.

    In contrast, Riot reported a 131% increase in net income in Q1 2024, reaching $211 million.

    If successful, the combined entity would emerge as the largest publicly listed Bitcoin miner, boasting significant self-mining and power capacities.

    Riot Platforms envisions leveraging this enhanced scale and operational efficiency to drive future value creation for shareholders and strengthen its competitive position in the burgeoning cryptocurrency mining industry.

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