22 May 2025, 18:18

Following Record Highs in Bitcoin, US Crypto Chief David Sacks Makes Critical Statements

With Bitcoin reaching an all-time high, all eyes are on regulations coming out of Washington. White House Artificial Intelligence and Cryptocurrency Advisor David Sacks participated in CNBC’s “Closing Bell Overtime” program and made important statements about both artificial intelligence regulations and the stablecoin bill. Sacks, who touched on the subject of artificial intelligence and chip export controls, said that while they stand behind the chip export restrictions to China, those controls for the rest of the world should be reconsidered. “When America competes, it wins. We don’t want advanced semiconductors to end up in China, but we should support other countries to build on American technology infrastructure,” Sacks said. Related News: Standard Chartered Stands Firm on $500,000 Bitcoin Price: Here's Why Sacks, who also drew attention to the energy needs of artificial intelligence, recalled the energy deficit announced by Elon Musk for “AI factories” and stated that the Trump administration intends to deregulate the energy sector. “We need to produce more electricity. We need to ease permitting processes and build data centers,” he said. Answering questions about the stablecoin bill, Sacks said that they received the support of 15 Democratic senators in the Senate vote and that they expect the bill to pass. Stating that this regulation will provide new, cheap and efficient payment infrastructures to the American economy, Sacks said, “Stablecoins will increase the dollar’s dominance in the digital world and create a trillion-dollar demand for treasury bonds.” He argued that stablecoins will be effective immediately once the legal framework is provided. *This is not investment advice. Continue Reading: Following Record Highs in Bitcoin, US Crypto Chief David Sacks Makes Critical Statements

22 May 2025, 17:15

World Liberty Fi buys a cabal-owned meme token

World Liberty Fi continued with a streak of surprising crypto purchases. The most recent addition to the portfolio is a relatively new meme token by the BUILDon team. Trump’s fund World Liberty Fi bought a relatively unknown token, BUILDon (B), making another surprising addition to its portfolio. The fund explained its decision as a sign of support for the team. We just bought some $B to support the BUILDon team. Love seeing projects choose $USD1 as their base pair — faster settlement, deeper liquidity, and growing every day. We hope to see more tokens make the switch. — WLFI (@worldlibertyfi) May 21, 2025 Previously, World Liberty Fi acquired tokens like Movement (MOVE) and Ondo Finance (ONDO) to show support for the technology. Later, the tokens were liquidated, some at a loss. Recently, Trump’s fund also acquired EOS (Vaulta) tokens just before the asset swap. BUILDon is a relatively new project selected for its efforts to promote the usage of USD1 , the native stablecoin of World Liberty Fi. The B token uses the Binance Smart Chain and will work toward wider adoption for USD1. Did World Liberty Fi choose a cabal token? On-chain data shows that BUILDon has insider traders. BubbleMaps shows the token is split among small-scale addresses, but there is a cluster of connected wallets. World Liberty Fi bought a token that displays a cluster of connected wallets, holding up to 20% of the supply. | Source: Bubblemaps While each wallet holds around 0.37% of the supply, together, the cluster controls up to 20% of all B tokens. There is no data to show the team is a part of the connected wallet cluster. World Liberty Fi also did not specify its intentions to hold B for the long term. World Liberty Fi only holds around 696K B tokens, valued at around $142,000. Based on public wallet data, this is the second-biggest holding on BNB Smart Chain. This time, the token allocation was relatively small after the fund injected millions into other assets. The involvement of Trump’s fund also preceded one of the recent breakouts for the token, increasing the suspicions of insider arrangements. This time, meme holdings were relatively small but still raised memories of insider trading for MELANIA. Just days ago, World Liberty Fi denied launching its own meme token. The fund was also busy divesting older holdings from its portfolio. Whale extracts $1M from B The involvement of World Liberty Fi raised the trading volumes of BUILDon and allowed whale traders to lock in gains. The token was liquid enough so the top trader could engage in high-frequency buying and selling, realizing $1M in gains. What raised more red flags about B was also the fact that top traders had a very similar strategy of buying around $1.8M B tokens, then selling around $2.7M, achieving similar net gains. Whales trading B tokens showed a surprisingly similar trading strategy. | Source: DexScreener The odd coincidences among at least the top 20 traders did not look like organic token activity. The similar investments and selling suggested there may be a concerted extraction of value from the token’s liquidity pool. B launched on May 16 at $0.004, taking just a week to rally to a peak of $0.30. After the initial hype, volumes dropped off again. The sudden outflow of activity also suggested some of the B trading may not be organic. The meme token is one of the few to trade in a pair against USD1, with $2.5M in locked liquidity. KEY Difference Wire : the secret tool crypto projects use to get guaranteed media coverage

22 May 2025, 16:48

Nasdaq-listed Jiuzi Holdings to acquire 1k BTC in strategy shift

Electric vehicle retailer Jiuzi Holdings announced plans to acquire 1,000 Bitcoins over the next year, marking a significant pivot into digital assets. The company said it would fund the purchase through a mix of additional stock issuance and cash purchases, signaling growing corporate confidence in Bitcoin ( BTC ) as a long-term strategic asset, according to the company. The board-approved acquisition plan underscores Jiuzi’s belief in the long-term potential of blockchain technology and aims to diversify the company’s asset base amid shifting market conditions. Jiuzi Holdings Inc is a China-based enterprise focused on running retail outlets for new energy vehicles. Operating under the Jiuzi brand, the company sells battery-operated electric vehicles and plug-in electric vehicles, primarily in third and fourth-tier cities across China. You might also like: Kraken to launch over 50 tokenized stocks and ETFs: WSJ Bitcoin’s liquidity and volatility Jiuzi cited Bitcoin’s liquidity and historical value appreciation as key reasons for its decision. “We are well aware of the volatility and uncertainty of the Bitcoin market, but it is based on a deep understanding of blockchain technology and a long-term bullish belief that we decided to take this step,” the company’s CEO said in a statement. To finance the move, Jiuzi will issue new shares while also tapping into its cash reserves and potentially seeking external funding. The dual-track strategy, the company said, balances capital-raising needs with shareholder interests. The move positions Jiuzi alongside a growing list of public companies adding Bitcoin to their balance sheets in pursuit of asset diversification and inflation hedging. Public companies like Genius Group and KULR Technology Group have increased their Bitcoin holdings with multimillion-dollar purchases to expand their crypto treasuries. The company also plans to explore broader blockchain applications beyond asset holdings, signaling a long-term interest in Web3-related technologies. You might also like: R3 taps into Solana to bring institutions and RWAs to the blockchain

22 May 2025, 16:12

Major TradFi Institutions to Pursue Tokenization Efforts on Solana

A number of large banks and other traditional financial (TradFi) institutions are set to use the Solana blockchain for their tokenization efforts. R3, a U.K. developer of blockchain technology for financial institutions, is teaming up with the Solana Foundation to bring the former's clients and their tokenized real-world assets to Solana. Through its blockchain platform, Corda, R3 holds over $10 billion in assets and counts the likes of HSBC, Bank of America, Bank of Italy and the Monetary Authority of Singapore among its participants. Tokenization, the term for minting real-world assets such as stocks and bonds as digital tokens that can be traded on decentralized networks, is one of the principal use cases of blockchain technology attracting the attention and investment of the TradFi world. A recent report by Boston Consulting Group and crypto payments company Ripple said the tokenization market could reach $18.9 trillion by 2033 . R3's aim is to supercharge the scale and liquidity of the tokenized asset ecosystem by making the assets available on a public blockchain like Solana. The total value of assets held on Solana may be dwarfed by Ethereum, but it processes more transactions and has more active addresses . "As the world's most used public blockchain, Solana ... [is] the ideal foundation for the next generation of regulated digital finance," R3 said in an announcement on Thursday.

22 May 2025, 16:10

MicroStrategy Announces Massive $2.1B Preferred Stock Offering with 10% Dividend

BitcoinWorld MicroStrategy Announces Massive $2.1B Preferred Stock Offering with 10% Dividend In a significant financial move, MicroStrategy, the software intelligence firm known for its aggressive Bitcoin acquisition strategy, is reportedly planning to issue up to $2.1 billion in preferred stock. This potential offering, first reported by Walter Bloomberg on X, carries a notable 10% annual dividend, signaling a strategic decision by the company to potentially raise substantial capital. What is MicroStrategy Preferred Stock and What’s Being Offered? MicroStrategy preferred stock represents a class of ownership in the company that has a higher claim on assets and earnings than common stock. Holders of preferred stock typically receive fixed dividends before common shareholders and have priority in the event of liquidation. However, they usually do not have voting rights. According to the report, MicroStrategy is aiming to issue up to $2.1 billion worth of this preferred stock. The specific terms and conditions will be detailed in the offering documents, but the headline figure of $2.1 billion suggests a substantial capital raise. This isn’t MicroStrategy’s first foray into raising capital through debt or equity to fund its Bitcoin purchases, but the scale and the nature of preferred stock make this particular move noteworthy. Understanding the Attractive 10% Dividend Yield One of the most striking features of this potential offering is the proposed 10% annual dividend. A 10% yield on preferred stock is relatively high in the current market environment, especially for a company like MicroStrategy. This high dividend rate is likely intended to attract a wide range of investors, particularly those seeking income streams. For investors, a 10% dividend offers a potentially attractive return on investment, paid out before common stock dividends (though MicroStrategy does not currently pay a common stock dividend). However, the high yield also implicitly suggests a level of risk perceived by the market or structured into the offering to make it appealing despite other potential factors like market volatility or the company’s specific business model tied heavily to Bitcoin. How Does This Fuel MicroStrategy’s Bitcoin Strategy? MicroStrategy’s primary corporate strategy under Michael Saylor has been to acquire and hold Bitcoin. The company has consistently used various financial instruments, including convertible senior notes and stock offerings, to raise capital specifically for purchasing more Bitcoin. This $2.1 billion preferred stock offering appears to be another mechanism to further that core objective. By issuing preferred stock, MicroStrategy can raise significant capital without diluting the voting power of its common shareholders (as preferred stock typically has no voting rights). The capital raised would likely be used to acquire more Bitcoin, increasing the company’s overall BTC holdings. This move aligns perfectly with MicroStrategy’s stated goal of being a corporate vehicle for investing in Bitcoin. The company’s balance sheet is increasingly dominated by its Bitcoin holdings. Raising capital through preferred stock adds to its liabilities but increases its capacity to accumulate more digital assets, reinforcing its unique position among publicly traded companies. Is This MicroStrategy Investment Opportunity Right for You? Investing in MicroStrategy preferred stock comes with its own set of considerations, distinct from investing in the common MSTR stock or Bitcoin directly. Potential investors should weigh the benefits against the risks: Potential Benefits: Attractive Income: The 10% annual dividend offers a potentially high fixed return. Priority in Liquidation: Preferred shareholders have a higher claim on company assets than common shareholders if the company were to be liquidated. Potential for Capital Appreciation: While the primary draw is the dividend, the market price of preferred stock can fluctuate based on interest rates, company performance, and market sentiment. Potential Risks: Subordination to Debt: Preferred stock is subordinate to the company’s debt obligations. If MicroStrategy faced financial distress, debt holders would be paid before preferred shareholders. Call Risk: The company may have the right to ‘call’ or redeem the preferred stock at a certain price after a specific date, potentially limiting the investor’s income stream if interest rates fall. Market Risk: The value of the preferred stock can be affected by changes in interest rates and the overall market’s perception of MicroStrategy and the cryptocurrency market. No Voting Rights: Preferred shareholders typically do not have a say in company management decisions. Tied to Bitcoin Volatility: While preferred stock offers a fixed dividend, the company’s underlying health and ability to pay that dividend are heavily influenced by the volatile price of Bitcoin, which constitutes a significant portion of its assets. Investors interested in this specific MicroStrategy investment should carefully review the official offering documents once they are released to understand the full terms, conditions, and risks. Potential Impact on MSTR Stock and the Market The issuance of $2.1 billion in preferred stock could have several implications for MicroStrategy’s common stock (MSTR stock) and the broader market: Funding for Bitcoin: If the capital is used to buy more Bitcoin, it reinforces MicroStrategy’s commitment to its Bitcoin strategy and could be seen positively by investors bullish on Bitcoin. Increased demand from MSTR could also have a minor impact on Bitcoin’s price. Increased Leverage: This offering adds another layer of financing to MicroStrategy’s capital structure, increasing its overall leverage. While leverage can amplify gains when asset values rise, it also magnifies losses if asset values decline. Market Perception: A large preferred stock offering with a high dividend yield could be interpreted in different ways by the market. Some may see it as an aggressive, confident move to capitalize on market conditions, while others might view the high yield as indicative of higher risk or a costlier way to raise funds compared to other options. Potential for Future Capital Raises: Success with this offering might pave the way for future similar capital-raising activities. The market’s reaction will depend on the final terms of the offering and the prevailing sentiment towards both MicroStrategy and Bitcoin at the time. Conclusion: A Bold Financial Maneuver MicroStrategy’s reported plan to issue up to $2.1 billion in preferred stock with a 10% dividend is a bold financial maneuver that underscores the company’s unwavering commitment to its Bitcoin strategy. This offering provides MicroStrategy with significant capital to potentially expand its Bitcoin holdings, further solidifying its position as a unique investment vehicle for gaining exposure to the digital asset. For investors, the preferred stock offers a high-yield income opportunity but comes with risks related to MicroStrategy’s leveraged balance sheet and the inherent volatility of Bitcoin. As always, potential investors should conduct thorough due diligence and consider their own risk tolerance and investment goals before participating in such an offering. To learn more about the latest crypto market trends, explore our articles on key developments shaping Bitcoin price action and institutional adoption. This post MicroStrategy Announces Massive $2.1B Preferred Stock Offering with 10% Dividend first appeared on BitcoinWorld and is written by Editorial Team

22 May 2025, 16:01

Ledger Launches Solana Branded Ledger Flex Hardware Wallets

The device launches in four phases, with early access for existing Solana SBT holders receiving up to $70 in SOL rebates.