Strategy Purchased 21,021 Bitcoin Worth $2.52 Billion
According to Business Wire, Strategy completed the public offering of its STRC preferred shares worth $2.521 billion on July 29, 2025.
With net proceeds of $2.474 billion, the company purchased 21,021 BTC at an average price of $117,256. This transaction marked the largest initial public offering in the U.S. in 2025. As of July 30, the company’s total Bitcoin holdings increased to 628,791 BTC. STRC shares will begin trading on the Nasdaq on July 30.
The Smarter Web Company Increases Bitcoin Holdings to 2,050
London-based The Smarter Web Company has purchased an additional 225 BTC as part of its long-term “Ten-Year Plan.” The average purchase price was $118,080, bringing the total cost of the transaction to £19.9 million. The company’s total BTC holdings have reached 2,050. Bitcoin returns have risen to 49.198% year-to-date and 224% over the past 30 days.
Twenty-One Capital Becomes the 3rd Largest Institutional Bitcoin Holder with 43,514 BTC
Twenty-One Capital, managed by the son of the U.S. Secretary of Commerce, has become the third-largest institutional Bitcoin holder with a total of 43,514 BTC, following Strategy and MARA. Each share represents 0.00012559 BTC.
Fed Member Kugler Will Not Attend the Meeting
Fed Member Adriana Kugler will not attend the July interest rate meeting for personal reasons. This reduces the number of voting FOMC members from 12 to 11. Waller and Bowman are expected to vote in favor of a rate cut.
Hyperliquid API Issue Caused by Excessive Traffic
Hyperliquid announced that it experienced a 37-minute outage on its API servers, which was caused by heavy traffic rather than a cyberattack. The platform said it would take measures at every level of its technical stack.
CFTC Chair Nomination Vote Postponed
The White House postponed the vote on the CFTC chair nominee due to potential conflicts of interest with the Kalshi company. Allegations have surfaced that Quintenz provided confidential information to some rival companies.
AML Bitcoin Founder Sentenced to 7 Years in Prison
Rowland Marcus Andrade was sentenced to seven years in prison for defrauding investors under the name AML Bitcoin, causing $10 million in losses.
South Korea’s Central Bank Establishes Crypto Oversight Committee
South Korea’s central bank announced that it will restructure its CBDC research unit and establish a special committee to oversee crypto assets.
Indonesia to Increase Taxes on Crypto Transactions
According to Reuters, Indonesia’s Ministry of Finance will increase the tax rate on cryptocurrency sales on local exchanges from 0.1% to 0.21% and on foreign exchanges from 0.2% to 1% as of August 1. Additionally, the VAT rate on mining activities will rise from 1.1% to 2.2%.
Revolut Plans to Speed Up Licensing Process by Acquiring US Bank
According to the Financial Times, British fintech company Revolut is considering acquiring a local bank to speed up its US banking license. The company is also seeking $1 billion in funding for global expansion. Revolut has previously obtained banking licenses in Lithuania, Mexico, and Argentina.
SEC Approves Physical Redemption and Subscriptions for Crypto ETPs
The US SEC has approved physical subscriptions and redemptions for spot crypto asset ETPs such as Bitcoin and Ethereum. SEC Chairman Paul S. Atkins said the decision would provide transparency and cost advantages for investors.
Telegram Founder Durov Questioned Again in France
According to AFP, Pavel Durov was questioned again in Paris over illegal content and links to organized crime. Durov denied all charges and requested a preliminary ruling from the European Court of Justice.
According to The Block, ARK Invest invested an additional $15.3 million in BitMine shares, bringing its total weekly investment to $217 million. BitMine Board Chairman Thomas Lee said the company is moving forward with its goal of acquiring 5% of the ETH supply.
Ethereum Foundation Releases “Ethereum Torch” NFT
The Ethereum Foundation has released a free “Ethereum Torch” NFT to celebrate Ethereum’s 10th anniversary. The minting process will continue until July 31 at 4:00 PM UTC. The live stream will take place on July 30 at 10:30 PM.
Bitcoin Spot ETFs See Net Inflows for the 4th Consecutive Day
According to SoSoValue data, Bitcoin ETFs saw a net inflow of $79.97 million on July 29. BlackRock’s IBIT fund led with $158 million, while Grayscale’s GBTC fund experienced an outflow of $48.97 million.
Ethereum Spot ETFs See 18th Consecutive Day of Net Inflows
Ethereum ETFs completed their 18th consecutive day of net inflows on July 29, with $219 million in net inflows.
BlackRock’s ETHA ETF stood out with $224 million in inflows, while the 21Shares CETH ETF experienced $5 million in outflows. The total asset value reached $21.61 billion, equivalent to 4.75% of ETH’s market value.
