Everything about BTC & Crypto Mining
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Everything about BTC & Crypto Mining: Your go-to channel for the latest news, insights, and tips on Bitcoin and cryptocurrency mining!
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πŸͺ™ Over the past four quarters, public companies have purchased more bitcoin than all ETFs combined.
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πŸ“Š Bitcoin: Average inflow to exchanges (amount of Bitcoin)
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πŸ€ A solo miner successfully mined a Bitcoin block and received a reward of 3.151 BTC - that's more than $330,000.
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πŸ’Έ Nasdaq-listed K-Pop media firm K Wave stock rallies 130% after announcing Bitcoin acquisition strategy to become "Korea's MicroStrategy".
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πŸ’¬ Tim Draper says Bitcoin could hit $250K this year and might go infinite against the dollar as institutions, banks, and Web3 adoption accelerate.
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⛏️ πŸ’Έ The 900,000th block was mined in the Bitcoin network
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πŸ–₯ According to report, BitMine announced raising $18 million to purchase more Bitcoin.
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πŸ’Έ Bitcoin price in US dollars (white line) and Bitcoin reserves on exchanges (blue line).
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πŸ‡ΊπŸ‡Έ The mining company American Bitcoin, which is linked to the Trump family, has started buying Bitcoin β€” the first 215 BTC have been added to the balance.
πŸ‡ΊπŸ‡Έ Another American company Mercurity Fintech plans to create a Bitcoin reserve - they will attract $800,000,000 to buy BTC.
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πŸ” The volume of bitcoin held by public companies reached 809.1 thousand BTC among 116 firms as of May 31, 2025.
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πŸ’° Bitcoin is up 550% over the past 2.5 years
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πŸ‡ΊπŸ‡Έ Registration statement for Trump Media's Bitcoin Treasury deal was declared effective by the SEC πŸ‘€
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πŸ’¬ β€œAll the capital in the world is gonna flow into cyberspace, into the Bitcoin network.”

β€œIt’s in the best interest of the πŸ‡ΊπŸ‡Έ United States to own as much of it as they can before everybody else in the world realizes what’s happening.”
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πŸ‡ΊπŸ‡Έ American public miners set a record β€” their combined share of the BTC network hashrate reached 31.5%.

Since April, they have added 11 EH/s of power, with CleanSpark, Hive Technologies, and Riot Platforms increasing the most β€” their total hashrate has almost doubled in a year, while the entire network has added 55%.
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πŸͺ™ Bank of America has included Bitcoin in its list of the greatest innovations of the last 1,000 years.

In the study, the bank compared key technological breakthroughs β€” from the printing press to quantum computing β€” to population growth, noting that Bitcoin is at the peak of accelerating progress. It is considered not just an asset, but a systemic innovation that can change the financial system, just as the Internet and electric cars did.

Although the bank does not yet offer BTC purchases, it is ready to implement crypto payments as soon as clear rules appear.
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πŸͺ™ Currently, 100 companies hold more than 830,000 BTC.
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πŸͺ™ BlackRock now holds 3% of all Bitcoin through its ETF.
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πŸͺ™ Norway-based K33 has secured SEK 185M (About $17M) to buy more Bitcoin for its treasury.
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πŸ‡ΊπŸ‡Έ The Governor of Texas signed SB21, creating the Texas Strategic Bitcoin Reserve, a separate state fund that holds Bitcoin as a strategic asset.

Also signed was HB4488, which protects the fund from being diverted to the general budget.
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BTC went donw πŸ“‰
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