Mercurity's $800M Bitcoin treasury financing plan would make the firm the 11th largest corporate Bitcoin holder after Galaxy Digital.
Latest News on Business

When we talk about the role of Bitcoin (BTC) or blockchain in business, we are talking about either business ventures building blockchain/cryptocurrency systems, products or infrastructure; or the integration and adoption of cryptocurrency in existing enterprises as a supported payment method.
Bitcoin and cryptocurrency businesses face incredible challenges on two fronts: regulation and adoption.
Over the years, many high-profile crypto businesses such as some of the leading exchanges have had to move operations across the country or to other countries entirely to avoid severely inhibiting regulatory constraints in certain jurisdictions.
At the same time, mainstream adoption by individuals and established businesses is a very steep uphill battle for entrepreneurs as they attempt to make crypto more accessible and compelling to enterprises and laypeople alike.
Stay tuned as we chronicle blockchain and cryptocurrency’s shifting role in the world of business.
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Ant International plans to apply for stablecoin licenses in Hong Kong and Singapore, signaling growing fintech interest in regulated crypto payment systems, Bloomberg reported.
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Alchemy Pay is preparing to launch 55 US tokenized ETFs and stocks on multiple networks, including Solana, via Backed’s xStocks.
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Formerly only a real estate financing company, DeFi Development Corp started buying Solana to become a Solana treasury company as well, currently holding over 609,000 tokens.
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U.S. Bancorp CEO Gunjan Kedia says her bank is looking into stablecoins as its crypto custody business bounces back after struggling under Biden.
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The father of an unnamed crypto entrepreneur was held captive at a property for several days until a May 3 police raid liberated him.
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H100 Group’s shares surged after the Swedish health firm announced it had raised $10.6 million to stack more Bitcoin.
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USDC issuer Circle has put its stablecoin live on World Chain and has partnered with Matera to allow Brazilian banks to offer multicurrency payments.
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Disney said it filed the complaint after its request to Midjourney to adopt anti-copyright infringement measures was ignored.
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GameStop’s latest convertible senior note proposal pushed the stock price down further just days after Q1 revenue missed expectations.
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Distorted price signals from fiat currencies have destroyed the ability to make rational economic calculations, according to Truth for the Commoner founder Marty Bent.
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The UAE Machine Economy Free Zone envisions a world where tokenholders receive a share of the revenue from machine-economy activities.
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The acquisition of Privy follows Stripe’s entry into the stablecoin market in 2024.
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OneBalance raised $20 million to launch a developer toolkit enabling one-click crosschain crypto transactions, aiming to fix fragmented UX and boost app conversions.
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Strategy has inspired a wave of copycats to join the corporate Bitcoin treasury wave, but they haven’t been battle-tested and entered at higher average prices.
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