🦄 AI infrastructure provider CoreWeave (CRWV) is acquiring one of the largest Bitcoin miners, Core Scientific (CORZ), to expand its data center capabilities for high-performance computing.

The deal is valued at ~$9 billion. Under the terms of the agreement, existing Core Scientific shareholders will receive 0.1235 shares of CoreWeave at a premium. The latter will have access to 1.3 GW of capacity with the potential to expand by another 1 GW.

⚡ BTC ~ $112,000+

📊 Updating "global liquidity", as Ark sees it, divided by the Bitcoin supply (almost fixed). A local 12-month maximum has been reached, but for example in 2012 the maximum may only be related to the initial emission, which shows a further smooth trend.

⚡ BTC ~ $116,000

🦄 Long-term holders are increasing as a share of total Bitcoin holders, according to Ark Invest. However, Coinbase's premium has shrunk to zero just as it's reaching new highs, which could herald a move of "old" coins to exchanges.

🇵🇾 KULR is expanding its mining operations in Paraguay, installing 3,570 ASICs and increasing its capacity to 750 PH/s — the country was chosen due to cheap and renewable electricity from the Itaipu hydroelectric power station. KULR plans to reach 1.25 EH/s by the end of the summer and is using a Buy or Mine strategy — mining and buying BTC on the market.

Paraguay gets over 99% of its energy from Itaipu and its much smaller siblings, the Yacyreta and Acaray dams. Paraguay has a population of 6.7 million people, which is nowhere near consuming all the energy it produces, allowing it to export 90% to neighboring countries.

🇯🇵 Metaplanet bought 797 BTC — now they own 16,352 BTC worth $2 billion.

Earlier it became known that Metaplanet is considering the possibility of buying a digital bank in Japan.

⚡ BTC ~ $120,000+

💸 Bitcoin is now the 5th-largest asset in the world, surpassing Amazon, Silver, and Google.

💸BlackRock has purchased 3,294 Bitcoin and now hold 717,000 BTC.

💸 Bitcoin: Realized Capitalization and UTXO Age Groups (%). While relatively older coins are already moving, the current price range does not show significant activity from long-term holders. Anyone who wanted to sell sold earlier at the 100-110K level.

📊 According to Bitwise, according to their “supply shock” model, Bitcoin could reach $150,000 in the near future.

So-called “supply shock” occurs when institutional investors and ETFs buy up BTC much faster than miners can mine it. At the same time, a significant portion of holders choose not to sell: long-term investors continue to accumulate and withdraw coins from exchanges, which further reduces the available supply.

🇦🇺 Australia launches mortgages secured by BTC.

🚀 SpaceX transferred 1,308 BTC worth $152 million to an unknown address for the first time in three years.

The company still holds 6,977 BTC worth $817 million in its portfolio.

🇲🇽 Mexican construction company Grupo Murano is investing $1 billion in BTC, with plans to expand the Bitcoin treasury to $10 billion in 5 years.

⛏️ Bitcoin Archive: Only 5.3% of #BTC left available for mining. #mining

💸 #BTC Citi: BTC will reach $135K by the end of the year under the baseline scenario and $199K under the optimistic scenario.

💸 ⛏️ Hashrate race heats up: The global BTC hash rate hit 700 EH/s in June, making older equipment less profitable and pushing firms to upgrade. Home mining is seeing a boost from new, energy-efficient devices like Canaan’s Avalon Q, designed for small-scale operations.

📈 The number of corporate Bitcoin holders has been steadily increasing since 2023. Today, there are already 35 companies that hold more than 1,000 BTC on their balance sheets. There are even more small investors.