October 25, 2025 | 01:31ReserveOne will debut on Nasdaq via a $1 billion business combination with M3-Brigade Acquisition V, a SPAC. The firm aims to accumulate Bitcoin, Ethereum, and Solana while engaging in staking, lending, and venture capital investments. Backed by strategic investors, the deal includes $298 million in trust capital and $750 million in committed funding, with closure expected in Q4 2024. ReserveOne will collaborate with Galaxy Digital, Kraken, and FalconX for asset security and activation. Led by former Hut 8 CEO Jaime Leverton, the company’s board includes ex-U.S. Treasury Secretary Wilbur Ross and executives from Binance and Coinbase. Coinbase will serve as custodian, while ReserveOne’s shares will trade under the ticker ‘RONE.’ M3-Brigade’s stock (MBAV) dipped 7% following the announcement.
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Crypto Mining Stocks Surge on Strong US Jobs Data
Crypto mining stocks experienced a significant rally this week, with companies like Riot Platforms, Hive Digital, Hut 8, MARA Holdings, and Bitfarms surging between 13% and 28%. The uptick followed a better-than-expected US nonfarm payrolls report, reinforcing hopes for a soft economic landing by the Federal Reserve. Though markets closed early on Thursday ahead of the Independence Day holiday, the strong jobs data fueled investor confidence, even as some mining stocks retraced gains later in the session. The rally highlights how macroeconomic indicators continue to influence crypto-related equities.
read moreTrump’s Bitcoin Firm Files for Public Listing with SEC
American Bitcoin Corp., backed by Eric Trump and Donald Trump Jr., and Gryphon Digital Mining have filed an amended S-4 with the SEC, moving closer to a merger that will create a new publicly traded Bitcoin mining company. The combined entity, American Bitcoin (ABTC), is set to trade on Nasdaq, with existing American Bitcoin shareholders owning 98% and Gryphon shareholders holding 2%. The merger leverages Gryphon’s 899 PH/s mining capacity and renewable energy focus, while American Bitcoin contributes strategic vision and capital market access. CEO Matt Prusak highlighted the opportunity to consolidate the fragmented mining sector. The deal reflects broader industry consolidation post-Bitcoin halving, with completion pending SEC and shareholder approvals.
read moreTrump-Musk Feud Over Subsidies and Crypto Policies
Former President Donald Trump intensified his criticism of Elon Musk, suggesting that the Department of Government Efficiency (DOGE), which they once co-founded, scrutinize Musk’s companies. Trump accused Musk of benefiting excessively from government subsidies, claiming without them, Musk might have to ‘close up shop.’ The feud underscores broader disagreements over crypto policies, Trump’s ‘One Big Beautiful Bill,’ and national debt concerns. Musk has criticized the bill, warning it could add $3.3 trillion to U.S. debt. The dispute also highlights both figures’ financial ties to the crypto sector, including Tesla’s $1.2 billion Bitcoin holdings and Trump’s NFT ventures.
read moreHut 8’s Subsidiary Raises $220M, Accepts Bitcoin in Deal
American Bitcoin, a majority-owned subsidiary of Hut 8, raised $220 million through a private placement, issuing 11 million shares. Notably, $10 million of the transaction was settled in Bitcoin, acquired at an average price of $104,000 per coin. The funds will be used to purchase Bitcoin mining equipment and strengthen the company’s Bitcoin reserves, signaling growing institutional adoption of cryptocurrency in corporate financing.
read moreHut 8 Expands to Dubai, Raises $220M for Bitcoin Mining
Hut 8, a Bitcoin mining company linked to the Trump family, has secured $220 million to purchase mining equipment and expand its operations, including a new office in Dubai. The UAE’s crypto-friendly environment, low taxes, and regulatory framework have attracted firms like Hut 8, despite concerns over money laundering risks. The Trump family’s involvement in crypto ventures, including American Bitcoin and World Liberty Financial, underscores the UAE’s role as a complementary financial hub to the U.S. Meanwhile, Dubai’s Virtual Assets Regulatory Authority aims to provide clarity for crypto firms, though the city’s reputation for lax financial oversight remains a challenge.
read moreMetaplanet Becomes 5th-Largest Corporate Bitcoin Holder
Metaplanet has solidified its position as the fifth-largest corporate Bitcoin holder after purchasing an additional 1,005 BTC for $108 million, bringing its total holdings to 13,350 BTC worth approximately $1.45 billion. The Japanese firm funded the purchase through 0% interest bonds, surpassing Cleanspark, Tesla, and other major players in corporate BTC holdings. Metaplanet now trails only MicroStrategy, Marathon Digital, Twenty One Capital, and Riot Platforms in Bitcoin treasury size, highlighting its aggressive accumulation strategy amid fluctuating market conditions.
read moreAI Buzz Surpasses Crypto in Social Media Discussions
A Santiment report highlights a surge in AI-related discussions on social media, surpassing even crypto chatter. Topics range from job displacement fears to decentralized AI infrastructure, with companies like Kite AI and the 0G Foundation driving innovation. Investor activity, including whale movements, has boosted market confidence, while crypto mining firms pivot toward AI workloads. Amazon’s $20 billion AI data center investment further underscores the trend. The findings reflect AI’s deepening integration into finance and daily life, as more users trust AI with portfolio management.
read moreTrump Jr. Announces $2.5B Bitcoin Treasury at 2025 Conference
At the Bitcoin 2025 conference, Donald Trump Jr. announced a $2.5 billion Bitcoin treasury under Trump Media Group (TMGT), signaling deep institutional commitment to crypto. He praised DeFi’s potential to disrupt traditional finance, calling banks ‘reluctant adapters.’ The event also featured Senator Cynthia Lummis, who confirmed President Trump’s support for the Bitcoin Act, which proposes a 1 million BTC US government reserve. White House crypto czar David Sacks endorsed Bitcoin as the ‘financial system of the future.’ The conference underscored growing political and corporate alignment with crypto innovation.
read moreTrump Media Plans $3B Crypto Investment in Bitcoin
Trump Media and Technology Group (TMTG) is gearing up to raise $3 billion for cryptocurrency investments, primarily targeting Bitcoin. The company plans to secure $2 billion through share sales and another $1 billion via convertible bonds. This strategy mirrors that of firms like MicroStrategy, which has amassed over 576,000 BTC. The announcement may coincide with a major crypto event in Las Vegas, featuring key Trump associates. Additionally, the Trump family has been actively involved in crypto ventures, including meme coins (TRUMP, MELANIA), mining partnerships, and a politically themed stablecoin (USD1). With Bitcoin hitting all-time highs, TMTG’s fundraising could further boost its $6 billion market cap, though its TRUMP token has seen a slight dip recently.
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