Strategy, the world’s largest corporate holder of Bitcoin, has officially priced its initial public offering of 28,011,111 shares of Variable Rate Series A Perpetual Stretch Preferred Stock (STRC Stock) at $90 per share. The offering is expected to generate approximately $2.474 billion in net proceeds, with settlement scheduled for July 29, 2025. Strategy confirmed the capital will be used “for general corporate purposes, including the acquisition of Bitcoin and for working capital.” This announcement follows Strategy’s earlier disclosure last week regarding the STRC IPO, which initially outlined a 5 million share offering. The company ultimately expanded the offering size in…
Author: ₿e Proud
Intel CEO Lip-Bu Tan is making progress on his plan for the company to shed its inefficiencies. And that includes spiking several manufacturing projects. The semiconductor giant reported Thursday in its second-quarter earnings report that it will delay, and in some cases not move forward with, multiple manufacturing projects. Specifically, Intel said it was no longer going forward with its previously announced projects in Germany and Poland. Those projects included an assembly and testing facility in Poland and a chip factory in Germany. Both projects have been sitting in limbo since being suspended in 2024, shortly after being announced. The…
Counter to popular discourse, we argue that upgrades to Bitcoin — such as the BitVM, OP_CAT or OP_CTV — will stabilize Bitcoin consensus. By opening up new miner fees and reducing reliance on extractive pooling schemes, additions to Bitcoin will create network sustainability, push miners away from more dangerous forms of expressivity and help Bitcoin maintain its lead in stability without injecting rivalrous or centralizing forms of revenue. A healthy mining market is vital to the longevity of Bitcoin. Last year, amid low blockspace demand, Bitcoin’s biggest miners began to merge mine for extra fees. While exploration has its place,…
Openemi is a skilled writer and enthusiastic in the exciting and unique cryptocurrency realm. The digital asset industry wasn’t his first choice, but he has remained absolutely pulled out since entering the space for over two years. Now, Openyemi prides itself on unraveling the complexities of blockchain technology and creating unique works that share insights into the latest trends in the cryptocurrency world. Openemi saves his appeal to the Crypto Market. “Appearance” is a rather simple way to explain the analysis and interpretation of various price patterns and chart formation. But that doesn’t seem to be Openemi’s favorite part -…
As the cryptocurrency market continues to develop, cloud mining has become a hot topic for investors. Compared to traditional mining models, cloud mining does not require expensive hardware equipment, is easy to operate, and has a lower threshold. Among many cloud mining platforms, Sim Mining stands out for its high returns and convenience, making it the first choice for XRP and other cryptocurrency investors. Sim Mining: Revolutionize the future of cloud mining Sim Mining will revolutionize the cloud mining industry in 2025, providing high-yield mining plans using artificial intelligence technology. Users can earn up to $8,888 a day without having…
AI-powered coding tools have become so popular over the past few months that almost every major tech company is either using one or making its own. Makers of these so-called “vibe-coding” tools are a hot commodity at the moment, with startups like Lovable and Cursor fending off buyers and investors keen to tap a hot trend. Google’s now become the latest to hop on this bandwagon: The company is testing a vibe-coding tool called Opal, available to users in the U.S. through Google Labs, which the company uses as a base to experiment with new tech. Opal lets you create…
Key Takeaways Pump.fun is planning a 30-day trading volume incentive program with $PUMP token rewards. The initiative aims to boost trading volumes and regain market share from competitors like LetsBONK. Share this article Meme coin launchpad Pump.fun is rumored to soon roll out an incentive program that will reward users with $PUMP tokens based on their trading volume, according to recent updates to the platform’s software development kit (SDK) spotted by researcher Dumpster DAO. 1/ It appears that @pumpdotfun is preparing to launch a volume incentives program that will last at least 30 days, with $PUMP as the rewards token…
Reported by The Block: The trading volume metric serves as a proxy for relative dominance within the perp landscape, and Hyperliquid’s encroachment into Binance’s long-held dominance is becoming harder to ignore.The following is excerpted from The Block’s Data and Insights newsletter.Hyperliquid has recorded a new all-time high in monthly perpetual futures volume, facilitating over $248 billion in perp trading activity for May. This represents a 51.5% month-over-month increase compared to April’s $187.5 billion worth of volume.For context, Hyperliquid facilitated just $26.3 billion in perp trading volume in May 2024, representing an 843% year-over-year increase. This explosive growth underscores the protocol’s…
SHANGHAI (Reuters) -Chinese Premier Li Qiang on Saturday proposed establishing an organisation to foster global cooperation on artificial intelligence, calling on countries to coordinate on the development and security of the fast-evolving technology. Speaking at the opening of the annual World Artificial Intelligence Conference (WAIC) in Shanghai, Li called AI a new engine for growth, but adding that governance is fragmented and emphasising the need for more coordination between countries to form a globally recognised framework for AI. The three-day event brings together industry leaders and policymakers at a time of escalating technological competition between China and the United States…
Reported by The Block: SINGAPORE, June 6, 2025 – Foresight Ventures, a leading crypto-focused venture capital firm bridging Eastern aand Western markets, today unveiled its latest report, “Beyond Payments: Building the Financial OS for Global Commerce.” The report thoroughly analyzes how global financial infrastructures are increasingly shifting toward crypto-native financial solutions.In 2025 – the year of stablecoins– merchants worldwide are actively exploring more efficient, cost-effective alternatives to traditional payment systems. With global crypto ownership reaching 660 million users, merchants are adapting to meet this growing demand.The report presents a comprehensive examination of how crypto-native payment solutions are reshaping payment infrastructure,…