Iran’s ‘Hormuz Safe’ Bitcoin Marine Insurance Targets $10B—but Transparency Cuts Both Ways

Iran’s IRGC is backing “Hormuz Safe,” a Bitcoin-settled shipping insurance plan for the Strait of Hormuz that officials say could raise $10B. Sanctions, traceability, and insurer buy-in are the real tests.

Strategy Taps Preferred Shares to Fund $2B Bitcoin Buy as STRC Stays Near Par

Strategy issued nearly $2B of Stretch (STRC) preferred shares ahead of its ex-dividend date to acquire 24,869 BTC, lifting holdings to 843,738 BTC worth $64.4B.

Bitcoin slips below $77K as bond yields spike; $1B ETF outflows and $672M liquidations amplify $70K risk

Bitcoin dipped under $77K as the 10-year Treasury hit 4.63%. Spot ETFs saw $1B in weekly outflows and crypto liquidations topped $672M. Watch $77K and ETF flows.

Bitcoin Depot files Chapter 11 to wind down as shifting U.S. rules squeeze crypto ATMs

Bitcoin Depot filed for Chapter 11 to wind down, citing changing regulations. What this signals for cash-based crypto on-ramps, compliance costs, and the future of Bitcoin kiosks.

Verus–Ethereum bridge exploit still active, $11.6M drained across tBTC, ETH, and USDC

An active exploit on the Verus–Ethereum bridge has siphoned $11.6M, including 103.6 tBTC, 1,625 ETH, and 147,000 USDC. Here’s what the asset mix signals and how bridges can curb damage.

Bitcoin slips under $77K as Trump’s Iran warning revives oil-driven inflation anxiety

Bitcoin fell below $77K as Trump’s Iran threat sharpened oil and inflation worries, raising perceived Fed hike risk. Here’s how energy-led rate repricing can hit crypto positioning.

Institutional split: Mubadala lifts BlackRock’s Bitcoin ETF by $90M as Harvard exits ether exposure

Mubadala boosted its iShares Bitcoin Trust stake by over $90M while Harvard shed an ether ETF, hinting that large allocators still favor straightforward Bitcoin beta over altcoin risk.

$1.5B of 2029 convertibles targeted for $1.38B buyback; bitcoin sales are on the table

The issuer plans to repurchase $1.5B of 2029 convertible notes for $1.38B and may sell bitcoin to fund it. Here’s what the discount and potential BTC sales signal to markets.

Bitcoin Miner IREN Locks In $3B 1% Convertible to Supercharge AI Cloud Pivot, Deploys Capped Calls to Limit Dilution

IREN raises $3B via 1% converts due 2033, netting $2.96B to scale AI data centers after Microsoft and Nvidia deals; capped calls at $110.30 aim to curb dilution amid the miner-to-AI shift.

Lombard Finance Migrates $1B Bitcoin Stack From LayerZero to Chainlink CCIP After Kelp DAO Exploit

Lombard Finance is shifting over $1B in BTC assets to Chainlink’s CCIP and CCT, adding extra attestation via a Security Consortium after the $292M Kelp DAO incident.