1h ago
Vivek Ramaswamy’s Strive files for $500M preferred stock sale to expand 7,525 BTC treasury on Dec. 9, 2025
On December 9, 2025, Strive, Inc., co-founded by Vivek Ramaswamy, filed to sell up to $500 million of Variable Rate Series A Perpetual Preferred Stock to build its Bitcoin reserves and fund broader corporate needs. The company held 7,525 BTC as of early November 2025 following a reverse merger with Semler Scientific and subsequent acquisitions. It plans to allocate proceeds across Bitcoin and bitcoin-related products, income-generating assets, capital expenditures, and potential debt repayment or acquisitions.
BTC
BTC-2.12%
1h ago
1d ago
EU fines X £120 million under Digital Services Act as Musk and U.S. officials push back
As of December 9, 2025, the European Commission has fined X £120 million ($140 million) for violating the Digital Services Act after a two-year investigation, according to the Commission. Elon Musk has responded to the ruling, while U.S. officials Marco Rubio and JD Vance have criticized the decision. EU regulators cited issues with the design of blue checkmarks, transparency in X's advertising repository, and access to public data for researchers.
X
X-1.98%
1d ago
1d ago
BPI pushes for Bitcoin in 529 college plans as Indiana files HB 1042 on December 4
The Bitcoin Policy Institute is calling for 529 college savings plans to be allowed to hold Bitcoin as a way to confront rising tuition costs, inflation, and limited investment menus. Its modeling suggests that small 1–2% BTC allocations can enhance compound returns and Sharpe ratios without materially increasing risk, according to BPI. In Indiana, House Bill 1042 was filed on December 4 to require publicly managed retirement programs to offer Bitcoin-related investment options.
BTC
BTC-2.12%
1d ago
2d ago
OKX CEO Star Xu Responds to 1,500 BTC Loan Dispute with Moore Threads Co-Founder
OKX CEO Star Xu publicly addressed allegations involving a 1,500 Bitcoin loan to Moore Threads co-founder Li Feng, calling for legal resolution of the decade-old dispute. The controversy resurfaced as Moore Threads debuted on the Shanghai Stock Exchange with shares surging nearly 470%. The GPU maker's market valuation reached approximately RMB 282 billion ($39.9 billion) following the IPO.
BTC
BTC-2.12%
2d ago
12-6
Paraguay Mandates Registration for Bitcoin Mining Operations
Paraguay's Chamber of Deputies passed two resolutions on December 4 requiring state agencies to disclose comprehensive data on Bitcoin mining activities. The Ministry of Industry and Commerce must report all registered miners, while the National Electricity Administration must list authorized electrical connections for mining facilities. Paraguay currently holds 3.9% of global Bitcoin hashrate, ranking fourth worldwide.
BTC
BTC-2.12%
12-6
12-4
YZi Labs Demands 10X Capital Reaffirm BNB Strategy Amid Governance Dispute
YZi Labs has issued formal demands to asset manager 10X Capital over alleged mismanagement at BNB Network Company (BNC), the largest publicly traded BNB treasury firm in the U.S. The family office of Binance founder Changpeng Zhao accuses 10X of planning to pivot away from BNB accumulation despite commitments made during a $500 million financing round. YZi Labs has initiated a proxy fight seeking board changes and set a December 5 deadline for written confirmation of compliance with the BNB treasury strategy.
BNB
BNB-2.78%
12-4