Tag: Firm

How one Nasdaq firm raised $51.5M in 72 Hours, just to buy Bitcoin

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The anatomy of a Bitcoin pivot: How KindlyMD raised $51.5M in 72 hours Nasdaq-listed KindlyMD secured capital to accelerate its pivot to a Bitcoin-focused public company. In June 2025, KindlyMD Inc. (Nasdaq: KDLY) raised $51.5 million through a PIPE (Private Investment in Public Equity) transaction, and did it in just 72 hours. The round was tied to the company’s pending merger with Nakamoto Holdings, a Bitcoin-native firm led by David Bailey, who is also CEO of BTC Inc., the company behind Bitcoin (BTC) Magazine. The funding is part of a…

Collapsed UK Crypto Firm Ziglu Reveals $2.7M Shortfall, Imperiling Investors

Administrators of a collapsed UK-based crypto firm have identified a $2.7 million shortfall, increasing the risk of total investment loss for some customers. Management Accused of Misappropriating Customer Funds Administrators for Ziglu, the collapsed United Kingdom-based crypto firm, have reportedly uncovered a shortfall of $2.7 million (£2 million), raising the likelihood that investors may lose […] Source CryptoX Portal

Bitcoin May Land On 36 More Company Balance Sheets This Year, Blockchain Firm Says

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Public firms around the globe have been piling into Bitcoin this year. According to Blockware Intelligence, the number of public companies holding Bitcoin jumped by 120% in 2025. That surge brought the total to 141 firms. And by the end of 2025, at least 36 more are expected to add Bitcoin to their balance sheets. That would represent a 25% boost from today’s numbers. Rising Tide Of Corporate Bitcoin Adoption Based on reports from Blockware’s Q3 2025…

South Korea Proposes Enabling Crypto Firm Benefit Access

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South Korea’s Ministry of SMEs and Startups announced Wednesday that it plans to lift restrictions preventing crypto-related businesses from qualifying as venture companies. Currently, firms operating in the “virtual asset” sector are excluded from the government’s venture classification, which limits their access to various tax breaks and financial support. The ministry said the proposed amendment reflects a “shift in perception” of the digital asset industry and the establishment of “legal and institutional safeguards” aimed at protecting users. The announcement said that “the government is currently focusing on nurturing the digital…

US Investigating Ransomware Negotiation Firm Employee

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The US Justice Department has launched a probe into a former ransomware negotiator, accused of striking deals with hackers to take a cut of the crypto used to pay the extortionists. In a statement to Cointelegraph, DigitalMint President Marc Grens confirmed that one of the firm’s former employees is the target of an ongoing criminal investigation and was “immediately terminated” when the allegations came to light.  “The investigation evidently involves alleged unauthorized conduct by the employee while employed here.” The Chicago-based company assists victims with ransomware negotiations and payments to…

Insane Or Insightful? VC Firm Says XRP Could Reach $4,800 In Just 5 Years

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They say journalists never truly clock out. But for Christian, that’s not just a metaphor, it’s a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn. Christian’s journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer…

Norwegian mining firm Green Minerals plans to raise $1.2b to establish Bitcoin Treasury

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Norwegian firm Green Minerals announced its ambitious target of raising $1.2 billion with the help of its corporate partners. The goal behind the capital raise is to establish a Bitcoin treasury. According to a recently published press release, the Norwegian mining firm has decided to adopt a Bitcoin (BTC) treasury strategy in addition to its overall blockchain strategy. The company aims to raise enough funds to establish its own Bitcoin strategy with the help of its corporate partners. According to the release, the company has set its target at $1.2…