Citing Chainthink, Trump Media purchased 300 BTC, bringing its total holdings to 11,542 BTC. Erebor, a fintech startup, secured $350 million in funding after receiving FDIC approval. BitMine increased its ETH holdings by approximately 98,800 tokens, with a total of over 4 million ETH. Strategy reported a $74.8 million increase in reserves but did not add to its Bitcoin position. Coinbase acquired The Clearing Company, a prediction market startup. Meanwhile, JPMorgan is reportedly considering offering crypto trading services to institutional clients.
Trump Media Buys 300 BTC, Erebor Secures $350M, BitMine Holds Over 4M ETH
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Summary
Trump Media added 300 BTC, holding 11,542 BTC total, a move aligning with a strong risk-to-reward ratio in value investing in crypto. Erebor secured $350M after FDIC approval. BitMine now holds over 4M ETH, up 98,800 tokens. Strategy boosted reserves by $74.8M but held Bitcoin. Coinbase acquired The Clearing Company. JPMorgan may offer crypto trading to institutions.
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