Amazon has announced a massive $13.4 billion investment in Australia’s AI and cloud infrastructure by 2029, the largest such commitment by a global firm in the country. The funds will expand AWS data centers nationwide and support renewable energy projects like solar farms. This move strengthens Australia’s position in cloud computing and AI while boosting local tech infrastructure.
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0 in Finance and 0 in Crypto last weekMetaplanet Hits 10,000 BTC Milestone with $210M Bond Buy
Metaplanet has bolstered its Bitcoin holdings to 10,000 BTC through strategic acquisitions funded by equity and zero-coupon bonds, including a recent $210 million issuance. The firm’s BTC Yield surged to 87.2% quarter-to-date, reflecting strong performance despite dilution. With this milestone, Metaplanet surpasses Coinbase’s holdings and aims to accumulate 210,000 BTC by 2027. The move aligns with a broader trend of companies integrating Bitcoin into their treasuries, as seen with Mercurity Fintech and K33. Metaplanet’s aggressive strategy highlights growing institutional adoption of Bitcoin as a treasury asset.
about Metaplanet Hits 10,000 BTC Milestone with $210M Bond BuyBitcoin Could Hit $119K as Pompliano Eyes $750M SPAC Deal
A cryptocurrency trader forecasts Bitcoin could reach $119,000, drawing parallels to oil price trends. In related news, Anthony Pompliano is in talks to lead ProCapBTC, a SPAC aiming to raise $750 million through a merger with Columbus Circle Capital 1. The deal, backed by Cohen & Company, includes $500 million in equity and $250 million in convertible debt. Additionally, SharpLink Gaming has acquired $463 million worth of Ether, signaling continued institutional interest in crypto assets.
about Bitcoin Could Hit $119K as Pompliano Eyes $750M SPAC DealSEC Approves Trump Media’s $2.3B Bitcoin Treasury Deal
The U.S. Securities and Exchange Commission (SEC) has approved Trump Media and Technology Group’s $2.3 billion Bitcoin Treasury deal, as revealed in an SEC filing. The company, which operates Truth Social and is significantly controlled by Donald Trump’s family, raised the funds through the resale of equity and convertible notes. The Bitcoin Treasury is part of Trump Media’s aggressive expansion strategy, aiming to integrate BTC into its balance sheet and explore synergies for subscription payments and a utility token. Additionally, Trump Media has filed to launch a Bitcoin ETF, with Crypto.com as the exclusive custodian. Notably, Don Wilson, CEO of DRW Investments, invested $100 million in the deal, raising potential conflict-of-interest concerns due to his firm’s ties to the Trump administration.
about SEC Approves Trump Media's $2.3B Bitcoin Treasury DealTrump Media Group’s $100M Crypto Bet Amid SEC Probe Closure
Trump Media & Technology Group (TMTG) has secured a $100 million investment from DRW Investments, a firm with a long-standing crypto presence, just weeks after a regulatory probe into DRW was dropped. TMTG aims to raise $2.5 billion, primarily to buy Bitcoin, potentially amassing over 140,000 BTC. The SEC recently approved TMTG’s registration for a Bitcoin Treasury offering, enabling the sale of 56 million shares and 29 million convertible notes. Institutional backers like Jane Street, which holds a $375 million stake, are rallying behind the venture. Meanwhile, DRW’s crypto arm, Cumberland, has a history of large-scale Bitcoin acquisitions, including 70,000 BTC from the Silk Road auction.
about Trump Media Group's $100M Crypto Bet Amid SEC Probe ClosureSEC Approves Trump Media’s Bitcoin Treasury Plan
The U.S. SEC has greenlit Trump Media & Technology Group’s Bitcoin treasury plan, following a $2.3 billion capital raise involving 50 investors. The company filed an S-3 registration, enabling future fundraising of up to $12 billion, with plans to allocate funds toward Bitcoin holdings. TMTG also applied for a spot Bitcoin ETF, named the Truth Social Bitcoin ETF, in partnership with Yorkville America Digital and Crypto.com as custodian. This positions TMTG alongside corporate Bitcoin holders like MicroStrategy, which holds 582,000 BTC. Bitcoin’s price remains bullish at $105,128, though trading volume has dipped 43.63%, suggesting a potential market cooldown.
about SEC Approves Trump Media's Bitcoin Treasury PlanWarren Buffett’s $196.7B Stock Picks Before Exit
Ahead of his planned departure from Berkshire Hathaway in 2025, Warren Buffett has concentrated over 70% of the firm’s assets into seven key stocks, totaling $196.7 billion. The portfolio includes Apple ($58.9B), American Express ($43.6B), Coca-Cola ($28.4B), Bank of America ($27.8B), Chevron ($17.3B), Occidental Petroleum ($12.3B), and Kraft Heinz ($8.4B). These picks align with Buffett’s preference for durable, dividend-paying companies. Meanwhile, Berkshire holds a massive $347.7 billion in cash. Buffett has named Greg Abel as his successor to uphold the firm’s legacy of value investing.
about Warren Buffett's $196.7B Stock Picks Before ExitInvesco & Galaxy File for Solana ETF in US Market
Invesco and Galaxy Digital have taken a significant step toward launching a Solana ETF in the U.S. by registering the ‘Invesco Galaxy Solana ETF’ trust in Delaware. This follows a trend where firms establish legal structures before SEC filings. Market sentiment is optimistic, with a 91% prediction of approval by 2025, and reports suggest the SEC may greenlight Solana ETFs as early as July. The regulator has requested updated S-1 filings, indicating active discussions, including potential staking features to boost returns. However, demand may not match Bitcoin ETFs, as analyst Eric Balchunas notes diminishing interest further from BTC. The ETF would provide indirect Solana exposure through a regulated vehicle.
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