Crypto & Fintech
Strategy Buys $370M in Bitcoin, But Only 61% of What It Raised
Strategy raised $602.8 million last week. Bitcoin got $369.7 million of it. The rest went to three other places, and that split is the more interesting part of the filing. The First Bitcoin Purchase Since June 22 Strategy Inc. (Nasdaq: MSTR) disclosed in a Form 8-K filed August 31 that it bought 4,603 BTC for…
Bitcoin Jumps 22% as Treasury Bond Move and Clarity Act Push Collide
Bitcoin closed Friday at $76,943.90, up 22 percent for the week, its best five-day run since March 2024. Strategy gained 29 percent. Coinbase gained 25 percent. Circle gained 22 percent. None of that came from a single piece of crypto-specific news. It came from a bond market announcement and a legislative push landing in the…
AmeriTrust Financial Technologies Expands Into Texas as SEC Proposes First-Ever Crypto Asset Offering Rules
A Toronto-based auto-lease fintech company just picked up two new licenses in one of the largest car markets in the country. The same week, the SEC proposed the first regulatory framework written specifically for crypto asset offerings in the agency’s history. One company expanding into Texas. One regulator finally writing down rules an entire industry…
Securitize Stock Falls 20% After First Earnings Report as Public Company
A tokenization company just posted its first earnings report as a public company, and Wall Street didn’t like the math. Shares fell more than 20% in a single after-hours session, erasing a solid gain from earlier the same day. The same week, U.S. regulators quietly cleared the path for one of the world’s largest asset…
Thune Files Cloture on Clarity Act, Sets September 15 Senate Vote
Senate Majority Leader John Thune filed cloture on the Clarity Act at 4:52 AM ET on Saturday, the tail end of an overnight session that ran past the chamber’s scheduled Friday departure for August recess. It is the first time in the bill’s history that it has an actual date on the Senate’s formal calendar.…
Neptune Digital Assets Sells Free Ionic Digital Shares for $234,000
A Vancouver crypto holding company just turned a free stock windfall into over two hundred thousand dollars without spending a cent to acquire it. In Toronto, a fintech company that posted its first-ever profitable quarter this spring just raised its own revenue forecast by up to $30 million, based on a single month of sales.…










