12 Aug 2025, 09:22

Metaplanet Boosts Bitcoin Reserves with $61M Purchase

Metaplanet (3350) said it bought another 518 bitcoin (BTC) as part of its Bitcoin Treasury Operations. The purchase was made at an average price of $118,519 per bitcoin, bringing the total purchase value to about $61 million, the Tokyo-based investment company said in a post on X. The company, holder of the sixth-largest corporate stash of bitcoin, now holds some 18,113 BTC valued about $1.85 billion. It paid an average of $101,911 per bitcoin. Metaplanet also provided an update on its bitcoin-related performance metrics. Between July 1 and Aug. 12 the BTC Yield stood at 26.5%, reflecting the growth in bitcoin holdings relative to fully diluted shares outstanding. Its previous BTC Yield figures highlight notable fluctuations. The figure was 41.7% in third-quarter 2024, rising to 309.8% by year-end. Then it dropped to 95.6% in the first quarter before rebounding to 129.4% in the second. The company measures BTC Yield and BTC Gain to track the accretive impact of its bitcoin acquisition strategy for shareholders. The stock fell 2.7% to 975 yen ($6.6) on Tuesday. Read more: Metaplanet Doubles Down on Bitcoin as Shares Slide, Buys Another $54M

12 Aug 2025, 09:00

Safety Shot Stock Crashes on BONK Treasury Move

The Solana meme coin was praised by the company for its speed and low fees compared to rivals like Shiba Inu, PEPE, and Dogecoin. Despite clearing debt and holding $15 million in cash, the move attracted a sharp negative reaction from investors, who sent shares to $0.56. Safety Shot Shares Dive Shares of Nasdaq-listed drinks maker Safety Shot plunged 50% after the company revealed plans to purchase $25 million worth of the Bonk meme coin as part of a new treasury strategy. The move was announced on Monday, and it includes a strategic alliance with Bonk’s founding contributors that is aimed at deeply integrating the firm into the meme coin’s ecosystem. Announcement from Safety Shot Safety Shot described Bonk as having “clear and distinct advantages” over rival tokens, due to the Solana-based coin’s high-speed, low-cost transactions compared to the higher fees and slower speeds of Shiba Inu (SHIB), PEPE, and inflationary Dogecoin (DOGE). BONK is currently ranked as the fifth-largest meme coin by market cap at $1.9 billion with 80 trillion tokens in circulation. It has seen its price drop by close to 58% since peaking in November of 2024 as the broader meme coin frenzy cooled. Top meme coins by market cap (Source: CoinMarketCap ) Safety Shot said it paved the way for the shift by clearing all debt, maintaining over $15 million in cash, and planning to issue $35 million in preferred shares convertible into common stock. CEO Jarrett Boon called the move a “bold first step” in a corporate evolution, and is excited about the appeal of aligning with “one of the most exciting ecosystems in digital assets.” Despite the enthusiasm from management, investors reacted negatively by sending Safety Shot shares tumbling to $0.56. Formerly known as Jupiter Wellness, the company is best known for manufacturing the Safety Shot blood alcohol detox drink. Safety Shot share price over the past 24 hours (Source: Google Finance ) The decision follows a similar path that was taken by GD Culture Group earlier this year when it announced plans for a crypto treasury that will include the TRUMP meme coin. However, the meme coin sector has struggled in 2025, with market cap down 25% year-to-date, even though the overall crypto market grew by 22%.

12 Aug 2025, 08:55

Cardano retains long-term holders' support since 2021

Cardano (ADA) has been hovering among top 15 coins and tokens, with no dramatic breakouts. ADA gains its support from a strong base of long-term holders. Cardano (ADA) still sits just outside the top 10 coins, supported by the overall market recovery. In July, ADA broke out again, securing the $0.80 level, but it remains below its $1.21 peak from December 2021. Cardano long-term holders are not selling, extending the accumulation period that started in 2021. | Source: Alphractal . ADA gains strong support from its long-term holders, who have extended an accumulation streak since 2021. Currently, Cardano shows significant reserves held in wallets aged four years or more, starting a new accumulation period in the spring of 2025. Based on Alphractal data, long-term wallets are more willing to hold, while short-term buyers remain more balanced. Cardano adopts treasury strategy ADA is now held closely by whales who are in no rush to sell at the current range. The token has repeated the behavior of XRP, where the patient community was ready to hold for years, expecting a bigger breakout. Despite the presence of whales, ADA is one of the most widely distributed tokens, where the top 100 addresses hold only 22.56% of the supply. Cardano is closely watched for its ability to provide funds to projects, and even build its own BTC treasury. The project handed over the reigns to the community, which recently voted on a fund distribution for network upgrades, as Cryptopolitan reported . One of the main sources of storage for Cardano is the treasury, containing 1.6B ADA tokens. The treasury may get distributed gradually in the coming months and years, with some of the supply potentially allocated to acquiring BTC. One of the potential scenarios is for the entire Cardano treasury to be allocated to BTC purchases. This would remove Cardano from its previous path as a platform for games and Web3 projects, which never picked up with the same speed as other L1 chains. Cardano is still fighting to complete another role after showing limited smart contract activity with just $350M in value locked and $37M in stablecoin liquidity. ADA trading still lags behind hotter coins ADA shows relatively low derivative activity, as the token is still outside the group of the hottest coins. Outside Cardano’s own community, there has been no talk of using ADA to build a crypto treasury company. ADA’s open interest decreased to around $631M, with a 77% dominance of long positions. The dominance of longs also means ADA may face selling pressure in the short term, causing a liquidation cascade. Short positions are under 23%, though liquidations may happen at the $0.81-$0.82 range. For now, ADA cannot hope for a short squeeze to a much higher range. On Hyperliquid, ADA also sees limited activity, with only five whales taking notable positions. Three positions are longing ADA with significant funding fee requirements, while short positions receive funding fees and some are in profit. While ADA is currently stagnating, Alphractal data indicates a rally may be in the making, especially if the altcoin bull market continues. Want your project in front of crypto’s top minds? Feature it in our next industry report, where data meets impact.

12 Aug 2025, 08:32

Wisconsin Lawmakers Renew Push to Regulate Crypto Kiosks Amid $247M Fraud Losses

Wisconsin legislators are making a renewed push to rein in cryptocurrency kiosks, filing a second bill in two weeks aimed at curbing fraud tied to the machines. Key Takeaways: Wisconsin lawmakers have introduced twin bills to regulate the state’s 582 crypto kiosks. FinCEN reported a 99% surge in kiosk-related scams in 2024, with losses reaching $247 million. The proposals cap daily transactions at $1,000. Senate Bill 386 , introduced Monday by Sen. Kelda Roys and six colleagues, mirrors Assembly Bill 384, filed last month by Rep. Ryan Spaude and ten co-sponsors. Both measures target the 582 Bitcoin ATMs scattered across the state’s gas stations, grocery stores, and convenience shops. FinCEN Flags 99% Surge in Crypto Kiosk Scams, $247M in Losses The bills come as the Treasury Department’s Financial Crimes Enforcement Network (FinCEN) warns of a sharp rise in crypto kiosk scams, with fraud complaints up 99% in 2024 and reported losses climbing 31% to nearly $247 million. Wisconsin’s proposals would place kiosk operators under the state’s money transmitter licensing system and impose strict consumer protections, including fraud alerts, transaction caps, and tighter identity checks. If passed, both bills would cap daily exchanges at $1,000 per customer and limit operator fees to $5 or 3% of the transaction amount. Machines would be required to display bold warnings, such as: “FRAUD ALERT! Criminals seek to defraud virtual currency customers by impersonating loved ones, government officials, law enforcement officers, or charities.” The legislation also mandates robust identity verification before any transaction, collecting a customer’s name, date of birth, address, phone number, and government-issued photo ID. Proponents say these measures, while reducing anonymity, are essential to building public trust. Wisconsin’s SB386 would force #Bitcoin ATMs to require full KYC, photo ID, and cap transactions at $1k. pic.twitter.com/JM2tydjE7i — TFTC (@TFTC21) August 11, 2025 “While crypto ATMs were developed as a natural extension of the crypto ecosystem… the absence of robust KYC protocols has made them vulnerable to money laundering and illicit activities,” said Arjun Vijay, founder of exchange Giottus. The bills go further by requiring refunds for fraud victims who notify authorities within 30 days, a move designed to protect elderly and vulnerable residents who have been prime targets in scams. Wisconsin’s efforts follow similar crackdowns abroad, including Australia’s transaction limits and New Zealand’s planned ban on crypto kiosks. In the US, Washington state’s Spokane city council recently voted to remove all kiosks after federal probes linked them to billions in fraud-related losses. Both bills are now before the Committee on Financial Institutions, with identification requirements slated to take effect 60 days after passage if approved. More Countries Clamp Down on Crypto ATMs Wisconsin’s move follows similar efforts abroad. In Australia, AUSTRAC recently introduced stricter rules for crypto ATM operators, including tighter cash limits and monitoring. Last month, the regulator refused to renew the registration of a local crypto ATM operator , Harro’s Empires. The agency placed operating conditions, including transaction limits, on them. In the US, Spokane, Washington, has banned crypto ATMs entirely , citing their use in scams targeting vulnerable residents. Lawmakers in the US Senate are also attempting to tighten laws on a state and local level, with one attempt led by Illinois Senator Dick Durbin. He has introduced the Crypto ATM Fraud Prevention Act, which would bring in legislative measures designed to protect the public, while attempting to limit inconvenience for law-abiding users. New users would be prevented from spending more than $2,000 a day at one of these machines, rising to $10,000 in a 14-day period. The post Wisconsin Lawmakers Renew Push to Regulate Crypto Kiosks Amid $247M Fraud Losses appeared first on Cryptonews .

12 Aug 2025, 08:00

Strategy Continues Bitcoin Buying Spree—Scoops Up Another 155 BTC

Michael Saylor’s Strategy has announced a fresh expansion of its Bitcoin treasury, with another 155 BTC being added to its holdings. Strategy Has Completed Another Bitcoin Acquisition In a new post on X, Strategy co-founder and chairman Michael Saylor has revealed the latest purchase completed by the company. The buy, involving a sum of 155 BTC, has come after a break from accumulation last week. Like is usually the case, Saylor hinted at the acquisition a day in advance, writing on X on Sunday: “if you don’t stop buying Bitcoin, you won’t stop making Money.” According to the filing with the US Securities and Exchange Commission (SEC) , Strategy bought the coins in the week between August 4th and 10th at an average price of $116,401. This means that the 155 tokens cost the firm around $18 million. This is a relatively modest purchase for the company. As the chart shared by CryptoQuant community analyst Maartunn shows, the buy is much smaller than the last few acquisitions. The previous buy, made toward the end of last month, was especially larger. It involved a massive 21,021 BTC and was the largest purchase by the company in eight months. After the latest acquisition, Strategy owns 628,946 BTC, purchased for $46.09 billion. At the current exchange rate, this stack is worth $75.17 billion, meaning that the firm is sitting on a profit of about 63%. There are currently over 19.9 million tokens of the cryptocurrency in circulation, implying that the company’s holdings alone account for around 3.16% of the total supply. In an X post , institutional DeFi solutions provider Sentora (formerly IntoTheBlock) has shared a chart for the top 10 companies and governments ranked up based on their Bitcoin holdings. As is apparent from the above graph, Strategy far outweighs all governments and companies in terms of Bitcoin holdings, with the closest competitor being the US. In another post , Sentora has shared another insight related to BTC treasuries, this one focused on the growth that they have seen since the start of 2024. “The amount of Bitcoin held in treasuries has been increasing steadily in recent years, from a combined amount of 1.2 million Bitcoin in 2024 to over 1.86 million bitcoin in August of 2025,” notes the analytics firm. Strategy alone makes up for a third of this amount. BTC Price Bitcoin has erased some of its recent recovery over the past day as its price has retraced back to the $119,700 mark.

12 Aug 2025, 07:59

The Smarter Web Company Acquires 295 Bitcoin, Boosting Total Holdings to 2,395 BTC

The Smarter Web Company (AQUIS: SWC | OTCQB: TSWCF | FRA: 3M8), a London-listed firm, has announced the acquisition of an additional 295 BTC as part of its “10 Year Plan,” which includes a treasury policy focused on bitcoin accumulation. The purchase was made at an average price of £89,000 per bitcoin (approximately $119,412), totaling