Bitcoin Magazine

American Bitcoin Corp (ABTC), a Trump-backed subsidiary of Hut 8 Corp, increased its bitcoin treasury to over 8,000 BTC, a 50% rise from 5,401 BTC at the end of 2025. The growth stems from mining operations and treasury purchases, with a 30% increase in holdings during Q1 2026. The company also executed a 1-for-15 reverse stock split and expanded mining capacity in Alberta.

Metaplanet, a Tokyo-listed firm, added 2,823 Bitcoin in Q2 2026, reaching 43,000 BTC and becoming the world’s third-largest corporate Bitcoin holder. The purchase valued at $170.7 million boosted its Bitcoin holdings to $2.6 billion, with shares rising 3.5% following the announcement.

Jeff Booth's article in Bitcoin Magazine emphasizes that individuals can begin leveraging Bitcoin's benefits immediately rather than waiting for 2036. He argues Bitcoin should be viewed as a transformative protocol, not just an asset, and stresses the importance of shifting energy to this new system.

Taiwan's Legislative Yuan passed the Virtual Asset Service Act, establishing its first comprehensive crypto regulatory framework with licensing requirements for service providers and a stablecoin structure. The law mandates approval from the Financial Supervisory Commission and central bank for crypto operations, imposes strict penalties for violations, and includes transition periods for existing firms.

Strategy Inc. (MSTR) stock fell over 10% to a two-year low as Bitcoin dropped below $60,000, triggering $1.1 billion in crypto derivative liquidations. CryptoQuant warned the company to halt Bitcoin purchases due to strained capital reserves and growing dividend obligations, with the firm now holding $10.6 billion in unrealized losses on its Bitcoin holdings.

Nakamoto Inc. (NAKA) closed its last healthcare clinic on June 19, 2026, completing its transition to a Bitcoin-focused operating business. The company now operates three core verticals—media and information services, asset management, and consulting—aimed at generating recurring revenue independent of Bitcoin's price.

Bitcoin's onchain transaction count reached its highest level in 2026, surpassing 800,000 daily transactions, driven by protocol-driven activity like Ordinals, Runes, and BRC-20 tokens. However, the economic value of these transactions remains low, with 80% involving less than 0.01 BTC, and Bitcoin's price has declined despite increased network activity.

Kevin Warsh, as the new Fed Chair, prioritizes price stability and reduced forward guidance, highlighting the dollar's need for human intervention to avoid debasement. Bitcoin's hard-capped supply and predictable issuance contrast with the Fed's discretionary money supply adjustments, emphasizing Bitcoin's inherent predictability.

Over 60 cryptocurrency industry leaders, including executives from Coinbase, a16z crypto, and Uniswap, urged Senate leaders to pass the Digital Asset Market Clarity Act with protections for blockchain developers intact. The letter emphasized Section 604 (BRCA) of the bill, which shields non-controlling developers from federal money transmission prosecution, as critical to sustaining U.S. blockchain innovation. The bill passed the House in July 2025 and cleared the Senate Banking Committee in May 2026 but remains pending in the full Senate.

El Salvador, the first country to grant bitcoin legal tender status in 2021, continues accumulating BTC, holding 7,677 BTC worth $480 million as of 2026. Despite removing bitcoin’s mandatory legal tender status in 2025 to secure an IMF loan, the government has not sold any coins and remains committed to bitcoin and AI development.

Bitcoin's price is experiencing one of its worst performances historically, with multiple technical indicators like the Crosby Ratio Z-score, RSI, and 200-week moving average reaching extreme lows. The author views this as a high-probability accumulation opportunity, citing historical precedents where similar conditions led to significant buying chances.

The article explains Bitcoin's pseudonymous nature, noting that while Bitcoin itself doesn't require personal data, companies often link user information to accounts for compliance, risking privacy. It highlights Bitcoin's role as a privacy tool in a data-insecure digital society and discusses varying threats like government controls, organized crime, and oppressive regimes.

State regulators in the U.S. are banning Bitcoin ATMs under fraud concerns, despite these ATMs processing $3.63 billion annually and serving unbanked populations. The bans, enacted in states like Indiana, Tennessee, and Minnesota, are criticized as politically motivated, with Bitcoin ATM fraud rates (1.2%) lower than industry averages (3–5%).

Lava Card has launched a secured Visa credit card that rewards users with Bitcoin on every purchase, offering 3% for US users and 1% for international users, with 5% rewards at Bitcoin-aligned merchants. The card accepts stablecoins as funding and has no annual fee, foreign transaction fee, or exchange rate markup, aiming to mainstream stablecoin payments without changing user or merchant behavior.

Strategy sold 32 Bitcoin for $2.5 million to fund preferred stock distributions, representing less than 0.004% of its total holdings. The company aims to demonstrate that Bitcoin can support capital return mechanisms while maintaining its treasury.

Bitcoin is being treated as an operational stack for vertical integration, enabling businesses to control multiple stages of Bitcoin interaction including accepting payments, holding reserves, producing through mining, and building financial products. Deeper integration offers structural advantages like lower costs and reduced dependencies.

OranjeBTC, Latin America’s largest corporate Bitcoin treasury company, added 20 BTC to its treasury, increasing total holdings to 3,762.0 BTC. The company reported a year-to-date BTC Yield of 2.20% for 2026, using financing strategies like Bitcoin-collateralized debentures to fund purchases.

Strategy (MSTR) sold 32 BTC for $2.5 million to fund preferred stock distributions, triggering a Bitcoin price drop below $72,000 and $93 million in crypto futures liquidations. The company holds 843,706 BTC with an implied paper loss of $2.9 billion.

An unknown individual inscribed the full text of the U.S. Constitution onto the Bitcoin blockchain using an OP_RETURN transaction, confirmed on May 28, 2026. The 44.4 KB transaction cost $83.41 in fees and was processed by SpiderPool, highlighting Bitcoin's expanded data storage capabilities post-Bitcoin Core v30.

Sequans Communications (SQNS) has completed the sale of most of its Bitcoin holdings, exiting its digital asset strategy after less than a year. The company now holds 658 BTC and plans to monetize the remaining holdings over time, shifting focus back to its IoT semiconductor business and 5G technology development.

The article critiques Onramp's analysis of replicating Digital Credit with Bitcoin and U.S. Treasuries, highlighting factual errors in the report and arguing that Digital Credit's overcollateralization and external capital structure cannot be replicated by simple BTC/Treasury portfolios. The author emphasizes economic and empirical flaws in Onramp's 'simpler trade' argument.

The article discusses the shift from a unipolar world dominated by the United States to a multipolar world by 2036, highlighting historical precedents of multipolarity and the role of the U.S. dollar as a reserve currency. It notes the U.S. facing the Triffin dilemma and the rise of China and India as economic powers.

Nahum Reynaldo Castro, a Miami IT worker, was arrested for stealing $1.9 million in Bitcoin from his former employer, a theft that went undetected for years. The stolen funds were traced using the wallet's seed phrase and bank records, revealing Castro's financial transactions linked to the disappearance of the cryptocurrency.

Banca Sella has become the first Italian bank licensed under the EU's MiCA regulation to offer Bitcoin and crypto services, including custody and transfer for corporate/institutional clients. The bank participated in a DLT pilot program and is part of Qivalis, a consortium developing a MiCA-compliant euro stablecoin.

Strive (ASST) purchased 1,109 Bitcoin between May 19-22 at $76,989 per coin, increasing its holdings to 16,500 BTC and ranking it seventh among public companies with Bitcoin treasuries. The company also reported a 133% stock price surge over three months and plans to launch SATA preferred stock with daily dividends.

On the 16th anniversary of Bitcoin Pizza Day, the 10,000 BTC paid by Laszlo Hanyecz for two Papa John's pizzas in 2010 is now worth $777.87 million, down $328 million from last year. This represents the first commercial Bitcoin transaction and serves as an annual benchmark for cryptocurrency valuation.

Mark Cuban has sold most of his Bitcoin holdings, stating it failed to act as an effective hedge against fiat currency weakness and geopolitical turmoil. The billionaire investor cited Bitcoin's poor performance during the U.S.-Iran conflict compared to gold's surge as the breaking point for his confidence in the asset.

The article argues that corporations should consider selling Bitcoin from their treasuries under specific circumstances, contrary to the popular 'HODL' philosophy. It outlines reasons including improving Bitcoin per share metrics, optimizing cost of capital, and funding better investments, using examples like Strategy's potential sales and Bitcoin miners' Q1 2026 AI pivot funding.

Minnesota has granted banks and credit unions the authority to offer cryptocurrency custody services, effective August 1, 2026, with institutions required to adopt written policies and file notice before launching. The law aims to end regulatory ambiguity and allow financial institutions to evolve alongside their customers. One credit union, St. Cloud Financial Credit Union, has already launched its crypto custody service.

Bitcoin price has dropped below $77,000, shedding nearly $5,000 from its recent high of $82,000, driven by macro headwinds and institutional outflows. The total crypto market cap has lost over $100 billion in valuation since last Friday. Bitcoin ETFs have logged significant net outflows, with BlackRock's IBIT leading the exodus.

TD Cowen has raised its price target on Strategy to $400 due to strong bitcoin accumulation and a shift in financing strategy. The company now holds 843,738 BTC, valued near $64 billion, and is expected to purchase close to 100,000 BTC in the second quarter. This implies a gain of more than 140% from the current share price.

Canaan Inc. has secured a contract to provide heat-recovery computing infrastructure to a Nordic district heating network, utilizing its Avalon A1566HA hydro-cooled mining units to capture thermal output from Bitcoin mining operations. The project is expected to serve approximately 2,800 homes. Canaan's stock was down nearly 15% despite the contract win.

The White House is set to announce the U.S. Strategic Bitcoin Reserve, with Executive Director Patrick Witt stating that a major legal hurdle has been cleared. The reserve holds an estimated 328,372 BTC and was established by President Trump's executive order on March 6, 2025. An announcement is expected soon.

The Senate Banking Committee has opened a markup on the Digital Asset Market Clarity Act of 2025, a bill aimed at regulating cryptocurrencies. The committee is facing a deadline to clear the bill before the Memorial Day recess. Chairman Tim Scott and Ranking Member Elizabeth Warren have clashed over the bill's amendments.

The editor of Bitcoin Magazine discusses the unpredictability of the future and the potential for Bitcoin to have a positive impact on the world over the next decade. The magazine's latest issue features articles from influential figures pondering the challenges of the next decade. The editor encourages readers to make their individual actions count in shaping the future.

Blockaid launched a real-time compliance suite called Risk Exposure to help institutions manage crypto exposure, as they increasingly operate in the crypto and decentralized finance space. The suite aims to prevent scam and exploit prevention and provide programmable, real-time compliance. Institutions face substantial risk, with over $1.5 billion in tainted funds moved through the Bybit hack.

Square has crossed 1 million Bitcoin-enabled merchants, with a wave of auto-enrollment beginning on March 30, allowing customers to pay in Bitcoin while merchants receive USD settlements. The rollout is powered by the Lightning Network. Block's strategy centers on integrating bitcoin across its ecosystem.

Bullish has agreed to acquire Equiniti in a $4.2 billion transaction to build tokenized securities infrastructure, combining traditional market infrastructure with blockchain-based systems. The deal aims to generate $1.3 billion in adjusted revenue in 2026. Bullish expects revenue growth of 6% to 8% from 2027 through 2029.

Steak 'n Shake implemented Bitcoin payments via the Lightning Network, reducing processing costs by 50% and saving $6 million annually. The shift contributed to a 15% same-store sales growth in Q3 2025, outpacing competitors, while funds from Bitcoin savings are used to upgrade food quality and launch Bitcoin-themed menu items.

A documentary titled 'This Time Is Different' is being produced to document Bitcoin's four-year cycle, focusing on David Bailey of Nakamoto Inc. and the company's public launch. The film, led by filmmaker Parker Worthington, captures Nakamoto Inc.'s $710 million capital raise and challenges in navigating the crypto market, with a potential 2027 release.