List of Flash News about corporate crypto adoption
Time | Details |
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2025-07-02 07:50 |
OKX Considers US IPO Sparking 9.8% OKB Token Spike; Trident Digital Plans $500M XRP Treasury
According to @KookCapitalLLC, crypto exchange OKX is considering a U.S. initial public offering (IPO), a move confirmed by its Chief Marketing Officer, Haider Rafique. The report of this consideration triggered a significant, albeit brief, 9.8% price spike in OKX's native token, OKB, which jumped from around $50 to $55.11 before retracing. This potential IPO signals renewed confidence in the exchange's U.S. market strategy following a previous $500 million settlement with the Department of Justice. In separate news with significant implications for Ripple, Singapore-based and Nasdaq-listed Trident Digital (TDTH) announced plans to raise up to $500 million to create one of the world's first corporate treasuries centered on XRP. The firm intends to use the capital for long-term XRP holdings and yield-generating strategies, with deployment planned for the second half of 2025. This initiative could pioneer corporate adoption of XRP for treasury management, similar to how firms like MicroStrategy have adopted Bitcoin (BTC). |
2025-07-01 13:03 |
WhiteBIT Token (WBT) Surges 30% on Juventus Partnership; Lingerie Fighting Championships Adds $2M in Bitcoin (BTC) to Treasury
According to @StockMKTNewz, the crypto exchange token WhiteBIT Coin (WBT) experienced a price surge of over 30% in a 24-hour period following the announcement of a high-profile, three-year partnership with Italian football club Juventus. The source states this deal makes WhiteBIT the club's "official cryptocurrency exchange" and "official sleeve partner," with its logo appearing on jerseys starting in 2025. In other corporate adoption news, Lingerie Fighting Championships (BOTY) announced plans to add Bitcoin (BTC) to its treasury, intending to acquire $230,000 within 30 days and up to $2 million over the next six months. The firm's CEO, Shaun Donnelly, cited a belief that "bitcoin has lots of potential to grow to levels never seen before" as the motivation for the strategic purchase, which aligns with the company's expansion into the UK market. |
2025-05-30 15:30 |
Trump Media Finalizes Bitcoin Treasury Deal: Major Impact on Crypto Market Sentiment
According to Crypto Rover, Trump Media has officially closed its Bitcoin treasury deal, marking a significant move by a major US media entity into cryptocurrency holdings (source: Crypto Rover, Twitter, May 30, 2025). This strategic acquisition positions Trump Media as one of the growing number of publicly known companies adding Bitcoin to their balance sheets, a trend previously seen with firms like MicroStrategy. The development is expected to boost institutional confidence in Bitcoin as a treasury asset, potentially increasing demand and supporting positive price momentum in the broader crypto market. |
2025-05-28 11:46 |
GameStop Buys 4,710 Bitcoin: $GME Stock Surges 6% in Pre-Market Trading – Crypto Market Eyes Corporate Adoption
According to Evan (@StockMKTNewz), GameStop announced this morning that it has purchased 4,710 Bitcoin, marking a significant move into cryptocurrency. $GME stock responded with a more than 6% surge in pre-market trading, indicating strong investor approval for this strategic shift. This corporate Bitcoin acquisition adds momentum to the growing trend of publicly traded companies diversifying their treasuries into crypto assets, a move that historically sets off bullish sentiment in both the equity and cryptocurrency markets. Traders should monitor $BTC price volatility and related sector stocks, as this purchase could drive increased institutional interest and influence near-term crypto market dynamics. (Source: Twitter/@StockMKTNewz, May 28, 2025) |