Author: NBTC

Bitmine Immersion Technologies announced that its board of directors approved a cash dividend of $0.1056 per share for holders of its 9.50% Series A Perpetual Preferred Stock, traded on the New York Stock Exchange under the ticker BMNP. The company said the dividend will be paid on July 10 to shareholders of record as of the close of business on June 30. Bitmine stated that the payment will be made in cash under the terms of the certificate of designations governing the preferred shares. Preferred stock remains tied to Ethereum treasury strategy Bitmine launched the Series A Perpetual Preferred Stock…

Michael Saylor spent nearly seven minutes at the $BTC Prague 2026 conference this week explaining the meaning of the term “multiple-to-Net Asset Value” or “mNAV.” However, the clip of Saylor’s rambling response went viral for the wrong reason. Almost nobody could follow the answer. The length and complexity of the definition was also humorous given that Saylor is the founder of Strategy (formerly MicroStrategy), a DAT that publishes its mNAV on its homepage: 1.18x. How can the answer be precisely 1.18x, yet be so difficult to define? The first problem? There is no NAV. Debt-laden companies with payables and other…

The White House is preparing to drop a new executive order that would reshape how AI companies bring powerful models to market. The core requirement: developers would need to share their AI models with the federal government a full 90 days before releasing them to the public. The proposed executive order targets the intersection of AI development and national security, specifically cybersecurity risks posed by increasingly capable AI models. The concern isn’t theoretical. As AI systems grow more powerful, so does their potential for misuse in offensive cyber operations, from automating vulnerability discovery to generating sophisticated phishing campaigns at scale.…

Earlier this month, Bitmine raised roughly $274 million through the sale of 3.5 million shares of 9.50% Series A Perpetual Preferred Stock. The preferred shares, which trade on the New York Stock Exchange under the ticker BMNP, pay weekly cash dividends. Lee has argued that the company’s staking operation provides recurring cash flow to support those obligations. Bitmine currently has 4.72 million $ETH staked — more than 83% of its holdings. The company projects annualized staking revenue of roughly $223 million, with potential staking rewards reaching $268 million annually through its MAVAN staking platform. The firm announced another round of…

Luno CEO James Lanigan warned that South Africa’s proposed Capital Flow Management Regulations could severely harm the country’s economic competitiveness by restricting stablecoin use. Key Takeaways: National Treasury and SARB extended the draft regulations comment deadline to June 30, 2026, after a backlash. Luno CEO Lanigan warns the rules could block firms from using a $33 trillion global stablecoin payment market. Regulators will soon release a draft manual to define cross-border crypto actions and clear up gray areas. Lanigan Warns of Competitiveness Risk South Africa risks severely undermining its global economic competitiveness if upcoming financial regulations block the use of…

According to Santiment’s data, on-chain activity on Ethena, a decentralized finance (DeFi) protocol on the Ethereum blockchain, has reached a record high. According to the platform, Ethena’s network activity just exploded to levels rarely seen, with daily active addresses surging to 5,057, their highest level since November 2025. Besides the increase in daily active addresses, the number of new addresses created on Ethena reached 2,968, the highest level since the protocol’s launch, with traders increasingly focusing on Ethena’s growing role in DeFi and synthetic-dollar infrastructure. Source: X According to Santiment, recent discussions within the Ethena community have centered on its…

As talks between the US and Iran begin in Switzerland, significant steps are being taken by both countries as part of the negotiations. Accordingly, Iran committed to ensuring unimpeded freedom of navigation through the Strait of Hormuz and granting International Atomic Energy Agency (IAEA) inspectors full access to its nuclear facilities. The US, meanwhile, issued a general license allowing trade in Iranian crude oil and petrochemical products until August 21. This situation pushed Bitcoin above $65,000, and whales became active. According to the analytics platform Lookonchain, the whale account “bc1qhx,” which bought 2,500 $BTC (worth $202 million) at $80,936 a…

Trump’s Iran warning and 6.5% PPI put oil, bitcoin, and equities on alert as traders weigh inflation. Key Takeaways: Trump warned Iran on June 11 as bitcoin traders watched oil and inflation risk. BLS said PPI hit 6.5%, raising pressure on crypto, exchange-traded funds (ETFs), and rate-cut bets. Brent held near $92, but Kharg Island keeps the next oil shock in play. Trump’s new warning on Iran and a hotter 6.5% producer inflation print gave bitcoin traders a fresh macro test Thursday, with oil, stocks, and crypto all caught between geopolitical risk and rate-cut anxiety. Inflation Reprices the Trade The…

Dogecoin co-creator Billy Markus, who goes by the name Shibetoshi Nakamoto on X, tweeted “$DOGE” in response to the news that Final Fantasy 14 players in Japan can receive a giant Shiba Inu mount simply by paying their income taxes. According to gaming X source Dexerto, Final Fantasy 14 players in Japan can get a giant Shiba Inu mount just for paying their income tax. The rewards are part of a Japanese tax program giving out in-game cosmetics. doge https://t.co/WAcFngi6mG — Shibetoshi Nakamoto (@BillyM2k) June 18, 2026 Japan’s “furusato nozei” or hometown tax system allows individuals to redirect a portion…

Michael Saylor, one of the most influential figures in the cryptocurrency world and known as a “Bitcoin maximalist,” made groundbreaking statements about MicroStrategy’s Bitcoin asset management strategy in a recent interview. Saylor stated that under the company’s new financial model, it can now maintain its focus as a “net buyer,” selling Bitcoin for operational needs. Saylor clarified the viral slogan “Never sell your Bitcoin,” stating that what he really meant was “never be a net seller.” Saylor said, “If we sell one Bitcoin, it means we’re buying ten or twenty in its place. The important thing is to have more…