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CASH APP GOES NUCLEAR ON BITCOIN FEES 🟠
This is a massive structural shift for mass adoption. Cash App is making $BTC usable as daily currency.
• Zero fees for $BTC transactions starting now.
• No fees on large buys over $2,000.
• Free spending via Lightning Network.
• Increased withdrawal limits for eligible users.
• 1:1 custody confirmed. Full 24/7 withdrawal access.
They are paving the road for everyone to stack and spend $BTC . Get positioned NOW.
#Bitcoin #CashApp #CryptoAdoption #LightningNetwork ⚡
This is a massive structural shift for mass adoption. Cash App is making $BTC usable as daily currency.
• Zero fees for $BTC transactions starting now.
• No fees on large buys over $2,000.
• Free spending via Lightning Network.
• Increased withdrawal limits for eligible users.
• 1:1 custody confirmed. Full 24/7 withdrawal access.
They are paving the road for everyone to stack and spend $BTC . Get positioned NOW.
#Bitcoin #CashApp #CryptoAdoption #LightningNetwork ⚡
CASH APP DROPS $0G FEES ON BITCOIN! $BTC
This is not a drill. Cash App is revolutionizing daily Bitcoin use. Zero fees on BTC purchases, zero fees on large buys over 2000 USD, zero fees on recurring buys. Lightning Network transactions are now FREE. Withdrawal limits are soaring for eligible users. Your BTC is 1:1 backed, always accessible. This is the future of money. Act now.
Disclaimer: Trading involves risk.
#Bitcoin #CashApp #CryptoNews #LightningNetwork 🚀
This is not a drill. Cash App is revolutionizing daily Bitcoin use. Zero fees on BTC purchases, zero fees on large buys over 2000 USD, zero fees on recurring buys. Lightning Network transactions are now FREE. Withdrawal limits are soaring for eligible users. Your BTC is 1:1 backed, always accessible. This is the future of money. Act now.
Disclaimer: Trading involves risk.
#Bitcoin #CashApp #CryptoNews #LightningNetwork 🚀
LIGHT The momentum at the bottom seems to change💹
$LIGHT targets $1🎯
#MarketCorrection #WhenWillBTCRebound #WhaleDeRiskETH #lightningnetwork
$LIGHT targets $1🎯
#MarketCorrection #WhenWillBTCRebound #WhaleDeRiskETH #lightningnetwork
🔥 BREAKING: Lightning Record — $1M Bitcoin Sent in a Single Lightning Transaction ⚡️
Secure Digital Markets (SDM) and Kraken have completed what they’re calling the largest publicly recorded Bitcoin Lightning payment ever — a $1 million BTC transaction executed entirely over the Lightning Network as part of a pilot project.
This isn’t just a transfer — it’s a proof of concept showing that Lightning can handle real institutional-sized value efficiently, cheaply, and instantly.
📌 Why This Matters:
• 💸 Largest Lightning Payment Publicly Recorded: A major milestone in proving Lightning’s capacity beyond tiny retail-level micropayments.
• ⚡ Speed & Cost: The transaction settled almost instantly with minimal fees, showcasing what Layer-2 scaling can do for Bitcoin payments.
• 🏦 Institutional Use Case: Kraken’s involvement elevates this from an experiment to institution-ready infrastructure — a crucial validation for Bitcoin’s future in payments and settlements.
• 🌍 Network Growth: Bigger transactions over Lightning could unlock global merchant payments, cross-border remittances, and enterprise liquidity flows.
💬 $1M over Lightning — Bitcoin just got electric ⚡🪙
Kraken + SDM proving Lightning is ready for the big leagues. 😎
#Bitcoin #BTC #LightningNetwork #CryptoInnovation $BTC
📈 Short Takeaways:
✔ SDM + Kraken executed a $1 million BTC Lightning payment
✔ Largest publicly disclosed Lightning transaction to date
✔ Signals Lightning is scaling beyond micropayments
✔ Institutional-ready Bitcoin payments are here
Secure Digital Markets (SDM) and Kraken have completed what they’re calling the largest publicly recorded Bitcoin Lightning payment ever — a $1 million BTC transaction executed entirely over the Lightning Network as part of a pilot project.
This isn’t just a transfer — it’s a proof of concept showing that Lightning can handle real institutional-sized value efficiently, cheaply, and instantly.
📌 Why This Matters:
• 💸 Largest Lightning Payment Publicly Recorded: A major milestone in proving Lightning’s capacity beyond tiny retail-level micropayments.
• ⚡ Speed & Cost: The transaction settled almost instantly with minimal fees, showcasing what Layer-2 scaling can do for Bitcoin payments.
• 🏦 Institutional Use Case: Kraken’s involvement elevates this from an experiment to institution-ready infrastructure — a crucial validation for Bitcoin’s future in payments and settlements.
• 🌍 Network Growth: Bigger transactions over Lightning could unlock global merchant payments, cross-border remittances, and enterprise liquidity flows.
💬 $1M over Lightning — Bitcoin just got electric ⚡🪙
Kraken + SDM proving Lightning is ready for the big leagues. 😎
#Bitcoin #BTC #LightningNetwork #CryptoInnovation $BTC
📈 Short Takeaways:
✔ SDM + Kraken executed a $1 million BTC Lightning payment
✔ Largest publicly disclosed Lightning transaction to date
✔ Signals Lightning is scaling beyond micropayments
✔ Institutional-ready Bitcoin payments are here
CriptoDescomplicado:
isso e bom
🚀 A New Bitcoin Milestone: $1 Million Sent on Lightning!
Secure Digital Markets (SDM) and Kraken have just made history — completing the largest publicly recorded Bitcoin Lightning payment ever: $1 million in BTC, sent instantly over the Lightning Network.
This isn’t just a transaction — it’s a bold demonstration that Lightning can move real institutional value at remarkable speed, with minimal fees.
---
🔍 Why This Changes the Game:
✨ Record-Breaking Scale – Proof that Lightning isn’t just for small, everyday payments anymore.
⚡ Instant & Low-Cost – The transaction settled in seconds, with fees that are barely noticeable.
🏛️ Institutions Are Onboard – With major players like Kraken involved, Lightning is proving itself as serious infrastructure for the future of finance.
🌍 Unlocking New Possibilities – From global commerce and remittances to enterprise liquidity, Lightning is opening doors for Bitcoin payments at scale.
---
💬 The Takeaway:
Lightning isn’t coming — it’s already here, and it’s ready for the big leagues.
✅ $1 million BTC sent via Lightning
✅ Fast, affordable, and scalable
✅ A major step toward institutional Bitcoin payments
---
⚡ #Bitcoin #LightningNetwork #Crypto #Innovation #Fintech
$THE
$BTC
$ETH
Secure Digital Markets (SDM) and Kraken have just made history — completing the largest publicly recorded Bitcoin Lightning payment ever: $1 million in BTC, sent instantly over the Lightning Network.
This isn’t just a transaction — it’s a bold demonstration that Lightning can move real institutional value at remarkable speed, with minimal fees.
---
🔍 Why This Changes the Game:
✨ Record-Breaking Scale – Proof that Lightning isn’t just for small, everyday payments anymore.
⚡ Instant & Low-Cost – The transaction settled in seconds, with fees that are barely noticeable.
🏛️ Institutions Are Onboard – With major players like Kraken involved, Lightning is proving itself as serious infrastructure for the future of finance.
🌍 Unlocking New Possibilities – From global commerce and remittances to enterprise liquidity, Lightning is opening doors for Bitcoin payments at scale.
---
💬 The Takeaway:
Lightning isn’t coming — it’s already here, and it’s ready for the big leagues.
✅ $1 million BTC sent via Lightning
✅ Fast, affordable, and scalable
✅ A major step toward institutional Bitcoin payments
---
⚡ #Bitcoin #LightningNetwork #Crypto #Innovation #Fintech
$THE
$BTC
$ETH
🔥 BREAKING: $1M Bitcoin just moved over Lightning — publicly recorded, institutional-sized.
Secure Digital Markets sent a $1,000,000 Lightning payment in a pilot settlement to a major exchange, reportedly clearing in under 1 second with minimal fees — a real “big money” proof-of-concept for Bitcoin’s Layer-2 rails.
💬 If Lightning can route 7-figures like this, payments + settlement just got a lot more serious. ⚡️🪙
#Bitcoin #BTC #LightningNetwork #CryptoInnovation $BTC
Secure Digital Markets sent a $1,000,000 Lightning payment in a pilot settlement to a major exchange, reportedly clearing in under 1 second with minimal fees — a real “big money” proof-of-concept for Bitcoin’s Layer-2 rails.
💬 If Lightning can route 7-figures like this, payments + settlement just got a lot more serious. ⚡️🪙
#Bitcoin #BTC #LightningNetwork #CryptoInnovation $BTC
REVOLUT IGNITES BTC ADOPTION. $75 BILLION SHOCKWAVE.
Revolut is activating the Lightning Network for over 50 million users. Instant, ultra-low-fee $BTC transactions are now a reality for the masses. This changes everything. The adoption narrative just went vertical. Prepare for unprecedented speed and accessibility. This is the moment.
Not financial advice.
#BTC #LightningNetwork #CryptoAdoption #MassAdoption 🚀
Revolut is activating the Lightning Network for over 50 million users. Instant, ultra-low-fee $BTC transactions are now a reality for the masses. This changes everything. The adoption narrative just went vertical. Prepare for unprecedented speed and accessibility. This is the moment.
Not financial advice.
#BTC #LightningNetwork #CryptoAdoption #MassAdoption 🚀
REVOLUT UNLEASHES BTC LIGHTNING! $75 BILLION SHOCKWAVE HITS.
Mass adoption just ignited. 50 MILLION+ Revolut users now experience instant, dirt-cheap $BTC . The game has fundamentally changed. Prepare for unprecedented speed and accessibility. This is the catalyst.
$BTC
Disclaimer: Trading is risky.
#Revolut #LightningNetwork #BTC #CryptoAdoption 🚀
Mass adoption just ignited. 50 MILLION+ Revolut users now experience instant, dirt-cheap $BTC . The game has fundamentally changed. Prepare for unprecedented speed and accessibility. This is the catalyst.
$BTC
Disclaimer: Trading is risky.
#Revolut #LightningNetwork #BTC #CryptoAdoption 🚀
🚨 $75 BILLION REVOLUT ADOPTION SHOCKWAVE! 🚨
The EU FinTech giant Revolut is integrating the $BTC Lightning Network. This is HUGE for mass adoption.
Over 50 MILLION users are about to get instant, low-fee $BTC transactions. The narrative just leveled up immediately. Get ready for speed.
#LightningNetwork #Revolut #BTC #CryptoAdoption 🔥
The EU FinTech giant Revolut is integrating the $BTC Lightning Network. This is HUGE for mass adoption.
Over 50 MILLION users are about to get instant, low-fee $BTC transactions. The narrative just leveled up immediately. Get ready for speed.
#LightningNetwork #Revolut #BTC #CryptoAdoption 🔥
BITCOIN IS ABOUT TO EXPLODE $BTC
New platform RailsX is LIVE on Lightning Network. P2P Bitcoin and stablecoin trading now atomic. Full custody. No intermediaries. Direct swaps. This is the future of trading. Traditional banking integration incoming. Get ready for massive liquidity. The game has changed.
Disclaimer: This is not financial advice.
#Bitcoin #LightningNetwork #CryptoTrading #DeFi 🚀
New platform RailsX is LIVE on Lightning Network. P2P Bitcoin and stablecoin trading now atomic. Full custody. No intermediaries. Direct swaps. This is the future of trading. Traditional banking integration incoming. Get ready for massive liquidity. The game has changed.
Disclaimer: This is not financial advice.
#Bitcoin #LightningNetwork #CryptoTrading #DeFi 🚀
BITCOIN'S LIGHTNING REVOLUTION HAS ARRIVED $BTC
RailsX is LIVE. P2P Bitcoin and stablecoin trading. Atomic swaps. Full custody. No intermediaries. This changes EVERYTHING. Traditional finance integration confirmed. Get ready for a seismic shift. The future of crypto trading is here. Don't get left behind.
Disclaimer: This is not financial advice.
#Bitcoin #LightningNetwork #DeFi #Crypto ⚡
RailsX is LIVE. P2P Bitcoin and stablecoin trading. Atomic swaps. Full custody. No intermediaries. This changes EVERYTHING. Traditional finance integration confirmed. Get ready for a seismic shift. The future of crypto trading is here. Don't get left behind.
Disclaimer: This is not financial advice.
#Bitcoin #LightningNetwork #DeFi #Crypto ⚡
Breaking news: Revolut, the forty-eight billion dollar fintech giant with more than fifty million users, is rolling out support for the Bitcoin Lightning Network. It’s one of the biggest steps a major financial app has taken toward real crypto adoption.
This upgrade gives Revolut users faster and cheaper Bitcoin transactions that can scale to millions of people. With Revolut joining the Lightning ecosystem, Bitcoin becomes easier to use, easier to access, and far more practical in everyday payments.
It’s a major moment for global crypto payments and a strong sign of where Bitcoin is headed.
#Revolut #Bitcoin #BTC #LightningNetwork #CryptoAdoption $BTC
This upgrade gives Revolut users faster and cheaper Bitcoin transactions that can scale to millions of people. With Revolut joining the Lightning ecosystem, Bitcoin becomes easier to use, easier to access, and far more practical in everyday payments.
It’s a major moment for global crypto payments and a strong sign of where Bitcoin is headed.
#Revolut #Bitcoin #BTC #LightningNetwork #CryptoAdoption $BTC
Tether Links USDT to Bitcoin Lightning Network
During the Plan ₿ Forum in El Salvador, Tether made a groundbreaking announcement by integrating USDT with Bitcoin’s core layer and the Lightning Network. This move is expected to accelerate the global adoption of cryptocurrencies, with experts predicting a significant expansion of the Bitcoin ecosystem.
How Will USDT Benefit from This Integration? 🌍
To enable this milestone, Tether will leverage the Taproot Assets protocol, designed to:
Boost transaction speed ⏩Enhance scalability without compromising decentralization 🔒Enable seamless micropayments and international transactions
Lightning Labs highlighted that the combination of Bitcoin’s security and the Lightning Network’s speed will make USDT an ideal choice for low-cost and fast transactions. This integration could revolutionize how users engage with stablecoins, especially for global payments.
Challenges Tether Faces Globally 🌐
Despite its progress, Tether is not without challenges:
Regulatory Pressure in Europe: The MiCA regulations have affected the market presence of US dollar-pegged stablecoins. Platforms like Crypto.com have delisted such tokens.Strategic Shift: To counter these hurdles, Tether is focusing on more crypto-friendly nations, such as El Salvador, which has been a strong advocate of Bitcoin.
Why This Matters 💡
The integration of USDT with the Bitcoin Lightning Network offers:
Faster, low-cost transactions for users 💸Broader adoption of Bitcoin’s ecosystemA strategic edge for Tether in the evolving digital finance space
As Tether navigates regulatory complexities, this move underscores its commitment to innovation and its vision to drive global adoption of cryptocurrency.
Stay tuned for more updates on how this synergy shapes the future of digital payments! 🚀
#USDT #Bitcoin #LightningNetwork #CryptoAdoption #Tether
How Will USDT Benefit from This Integration? 🌍
To enable this milestone, Tether will leverage the Taproot Assets protocol, designed to:
Boost transaction speed ⏩Enhance scalability without compromising decentralization 🔒Enable seamless micropayments and international transactions
Lightning Labs highlighted that the combination of Bitcoin’s security and the Lightning Network’s speed will make USDT an ideal choice for low-cost and fast transactions. This integration could revolutionize how users engage with stablecoins, especially for global payments.
Challenges Tether Faces Globally 🌐
Despite its progress, Tether is not without challenges:
Regulatory Pressure in Europe: The MiCA regulations have affected the market presence of US dollar-pegged stablecoins. Platforms like Crypto.com have delisted such tokens.Strategic Shift: To counter these hurdles, Tether is focusing on more crypto-friendly nations, such as El Salvador, which has been a strong advocate of Bitcoin.
Why This Matters 💡
The integration of USDT with the Bitcoin Lightning Network offers:
Faster, low-cost transactions for users 💸Broader adoption of Bitcoin’s ecosystemA strategic edge for Tether in the evolving digital finance space
As Tether navigates regulatory complexities, this move underscores its commitment to innovation and its vision to drive global adoption of cryptocurrency.
Stay tuned for more updates on how this synergy shapes the future of digital payments! 🚀
#USDT #Bitcoin #LightningNetwork #CryptoAdoption #Tether
BREAKING: Buy Groceries with BITCOIN in Switzerland! 🇨🇭
No, this isn’t a test.
A SPAR store in Zug just went full crypto — now accepting Bitcoin payments through the Lightning Network.
Want milk? Bread? Snacks?
Just scan a QR code. No banks. No middlemen. Just pure crypto flow.
Powered by DFX Swiss + OpenCryptoPay, this is real-world adoption not a whitepaper fantasy.
Zug = "Crypto Valley"
Over 1,000 Swiss businesses already accept BTC
$593B+ in blockchain value across the region
Meanwhile, some governments still debating if Bitcoin is a “threat”
But here’s the real question:
Is this the start of a global domino effect?
Or will other countries miss the bus while Switzerland builds the tracks?
COMMENT your thoughts — is Lightning Network the key to crypto going global?
SHARE this if you want your country to catch up!
#bitcoin #CryptoAdoption #lightningnetwork #BinanceNews #thecryptoheadquarters
No, this isn’t a test.
A SPAR store in Zug just went full crypto — now accepting Bitcoin payments through the Lightning Network.
Want milk? Bread? Snacks?
Just scan a QR code. No banks. No middlemen. Just pure crypto flow.
Powered by DFX Swiss + OpenCryptoPay, this is real-world adoption not a whitepaper fantasy.
Zug = "Crypto Valley"
Over 1,000 Swiss businesses already accept BTC
$593B+ in blockchain value across the region
Meanwhile, some governments still debating if Bitcoin is a “threat”
But here’s the real question:
Is this the start of a global domino effect?
Or will other countries miss the bus while Switzerland builds the tracks?
COMMENT your thoughts — is Lightning Network the key to crypto going global?
SHARE this if you want your country to catch up!
#bitcoin #CryptoAdoption #lightningnetwork #BinanceNews #thecryptoheadquarters
Top Bitcoin Lightning Wallet Provider Leaves US Market
Wallet provider Lightning Wallet of Satoshi has removed its app from Apple and Google's US app stores, and the firm has clarified that it "will not serve US customers in the future."
The Wallet of Satoshi team did not specify any particular reason for the decision, stating that it understood the news was disappointing for US customers. The app is still available for download in other countries.
They reported that all existing users in the US, "can be assured that they have full access to their Bitcoin funds. You can withdraw them and transfer them to another wallet without problems."
In turn, they clarified that the decision was not made lightly, "our commitment to providing a secure, easy-to-use and globally compatible platform is unwavering. Our top priority is the security and interests of our clients and our company".
On the other hand, John Carvalho, CEO of Bitcoin software developer Synonym said in response, "Wallet of Satoshi has to comply with local regulations or laws in a way that it cannot, or will not."
The firm maintains the hope of returning to the country with future developments. "We are hopeful that future developments will allow us to review and possibly resume our operations in the US," he added.
#BTC #bitcoin #lightningnetwork #Lightning #etf
Wallet provider Lightning Wallet of Satoshi has removed its app from Apple and Google's US app stores, and the firm has clarified that it "will not serve US customers in the future."
The Wallet of Satoshi team did not specify any particular reason for the decision, stating that it understood the news was disappointing for US customers. The app is still available for download in other countries.
They reported that all existing users in the US, "can be assured that they have full access to their Bitcoin funds. You can withdraw them and transfer them to another wallet without problems."
In turn, they clarified that the decision was not made lightly, "our commitment to providing a secure, easy-to-use and globally compatible platform is unwavering. Our top priority is the security and interests of our clients and our company".
On the other hand, John Carvalho, CEO of Bitcoin software developer Synonym said in response, "Wallet of Satoshi has to comply with local regulations or laws in a way that it cannot, or will not."
The firm maintains the hope of returning to the country with future developments. "We are hopeful that future developments will allow us to review and possibly resume our operations in the US," he added.
#BTC #bitcoin #lightningnetwork #Lightning #etf
🔶 $BTC : From digital reserve to global financial infrastructure
Bitcoin is no longer just "digital gold".
In 2025, it is the most monitored, regulated, and adopted asset by institutions worldwide.
In Asia, countries like Japan, Korea, and Hong Kong are leading the new wave, integrating $BTC into sovereign funds, ETFs, and payment systems with Lightning Network.
💼 Institutional funds buy on every dip
🏦 Banks integrate it as collateral
⚡ Ultra-fast payments via Lightning for thousands of users
Bitcoin is consolidating as the new decentralized monetary standard.
It doesn’t need marketing. Just blocks, time, and trust.
🟠 If you don’t have exposure, you are out of the system that is already in motion.
#BitcoinAsia #BTCdominance #LightningNetwork
Bitcoin is no longer just "digital gold".
In 2025, it is the most monitored, regulated, and adopted asset by institutions worldwide.
In Asia, countries like Japan, Korea, and Hong Kong are leading the new wave, integrating $BTC into sovereign funds, ETFs, and payment systems with Lightning Network.
💼 Institutional funds buy on every dip
🏦 Banks integrate it as collateral
⚡ Ultra-fast payments via Lightning for thousands of users
Bitcoin is consolidating as the new decentralized monetary standard.
It doesn’t need marketing. Just blocks, time, and trust.
🟠 If you don’t have exposure, you are out of the system that is already in motion.
#BitcoinAsia #BTCdominance #LightningNetwork
🚨 A New Revolution in Crypto! ⚡️
Exciting news! 🎉 USDT (Tether) is now live on the Bitcoin Lightning Network! 🚀
Transactions are now faster, cheaper, and more secure than ever before. This is a major milestone in the adoption of cryptocurrency! 💰⚡
Have you tried this new update yet? Share your thoughts in the comments! 👇
Follow Me For More Updates $BTC
#bitcoin #USDT #LightningNetwork #crypto #blockchain
$BTC
Exciting news! 🎉 USDT (Tether) is now live on the Bitcoin Lightning Network! 🚀
Transactions are now faster, cheaper, and more secure than ever before. This is a major milestone in the adoption of cryptocurrency! 💰⚡
Have you tried this new update yet? Share your thoughts in the comments! 👇
Follow Me For More Updates $BTC
#bitcoin #USDT #LightningNetwork #crypto #blockchain
$BTC
The Adoption of the Lightning Network
Current State, Challenges, and Future
Lightning Network and its Importance
The Lightning Network (LN) represents one of the most significant innovations in the Bitcoin ecosystem since its inception. As a layer-2 protocol, it was designed to address the major scalability challenges facing Bitcoin: limited speed, high fees during congestion, and restricted capacity (approximately 7 transactions per second on the main chain).
First conceptualized in 2015 by Joseph Poon and Thaddeus Dryja, the Lightning Network launched in its beta version in 2018 and has since experienced exponential growth, going from a capacity of just 20 BTC to over 3,996 BTC in public channels by 2025. This technology allows for instant transactions, with minimal fees (around 1 satoshi or $0.0003) and greater privacy by primarily operating off the Bitcoin main chain.
Lightning Network and its Importance
The Lightning Network (LN) represents one of the most significant innovations in the Bitcoin ecosystem since its inception. As a layer-2 protocol, it was designed to address the major scalability challenges facing Bitcoin: limited speed, high fees during congestion, and restricted capacity (approximately 7 transactions per second on the main chain).
First conceptualized in 2015 by Joseph Poon and Thaddeus Dryja, the Lightning Network launched in its beta version in 2018 and has since experienced exponential growth, going from a capacity of just 20 BTC to over 3,996 BTC in public channels by 2025. This technology allows for instant transactions, with minimal fees (around 1 satoshi or $0.0003) and greater privacy by primarily operating off the Bitcoin main chain.
K Wave Media, a South Korean company, plans to sell $500 million in shares to finance the purchase of Bitcoin, inspired by the Metaplanet model. Its goal is to accumulate BTC long-term, operate Lightning Network nodes, and invest in Bitcoin-native infrastructure to optimize returns. This reflects the growing institutional interest in cryptocurrencies in South Korea, in a context of an active crypto market and pro-crypto election promises, although Bitcoin's volatility remains a challenge.
$BTC
#BTC #bitcoin #SouthKorea #lightningnetwork
$BTC
#BTC #bitcoin #SouthKorea #lightningnetwork
Cointelegraph
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South Korean media firm to raise $500M for Bitcoin treasury
South Korean entertainment company K Wave Media has entered into a securities purchase agreement worth up to $500 million to fund a Bitcoin-centric crypto treasury strategy.
According to a June 4 announcement, the firm said it reached a deal with Bitcoin Strategic Reserve KWM for the sale of ordinary shares. The deal includes the company’s sale of up to $500 million of ordinary shares to fund its Bitcoin treasury.
“By embedding BTC into our core strategy, we’re reinforcing our commitment to decentralization, agility, and future-facing value creation,“ said Ted Kim, co-interim CEO of K Wave Media.
The company said it aims to become the “Metaplanet of Korea,” which saw its stock soar after adopting a similar Bitcoin-focused strategy inspired by business intelligence company Strategy (formerly MicroStrategy).
At the time of writing, K Wave Media’s stock was up 162% on Nasdaq, trading at $5.04.
K Wave Media stock price chart. Source: Google Finance
Financing the Bitcoin treasury
The announcement noted that proceeds from the deal will be used to fund K Wave Media’s “Bitcoin-centric digital asset treasury strategy,” suggesting it may purchase other cryptocurrencies in addition to Bitcoin.
K Wave Media also intends to use the funds for mergers and acquisitions to expand its content and K-POP-related businesses. Still, Bitcoin is front and center of those plans:
“Under this initiative, K Wave will, subject to certain limitations, allocate a significant portion of the proceeds received from the sale of any shares under the facility to the purchasing, long-term holding, and yield optimization of Bitcoin.“
The company also plans to operate Bitcoin Lightning Network nodes and invest in infrastructure that facilitates on-chain transaction rewards and decentralization.
K Wave Media is the latest in a growing list of public companies embracing Bitcoin as a corporate reserve asset, a trend that began with MicroStrategy in 2020 and has since gained traction among firms in Asia, including Metaplanet, according to data from Bitcoin Treasuries.
Magazine: Korea to lift corporate crypto ban, beware crypto mining HDs: Asia Express
According to a June 4 announcement, the firm said it reached a deal with Bitcoin Strategic Reserve KWM for the sale of ordinary shares. The deal includes the company’s sale of up to $500 million of ordinary shares to fund its Bitcoin treasury.
“By embedding BTC into our core strategy, we’re reinforcing our commitment to decentralization, agility, and future-facing value creation,“ said Ted Kim, co-interim CEO of K Wave Media.
The company said it aims to become the “Metaplanet of Korea,” which saw its stock soar after adopting a similar Bitcoin-focused strategy inspired by business intelligence company Strategy (formerly MicroStrategy).
At the time of writing, K Wave Media’s stock was up 162% on Nasdaq, trading at $5.04.
K Wave Media stock price chart. Source: Google Finance
Financing the Bitcoin treasury
The announcement noted that proceeds from the deal will be used to fund K Wave Media’s “Bitcoin-centric digital asset treasury strategy,” suggesting it may purchase other cryptocurrencies in addition to Bitcoin.
K Wave Media also intends to use the funds for mergers and acquisitions to expand its content and K-POP-related businesses. Still, Bitcoin is front and center of those plans:
“Under this initiative, K Wave will, subject to certain limitations, allocate a significant portion of the proceeds received from the sale of any shares under the facility to the purchasing, long-term holding, and yield optimization of Bitcoin.“
The company also plans to operate Bitcoin Lightning Network nodes and invest in infrastructure that facilitates on-chain transaction rewards and decentralization.
K Wave Media is the latest in a growing list of public companies embracing Bitcoin as a corporate reserve asset, a trend that began with MicroStrategy in 2020 and has since gained traction among firms in Asia, including Metaplanet, according to data from Bitcoin Treasuries.
Magazine: Korea to lift corporate crypto ban, beware crypto mining HDs: Asia Express
🚀 JUST IN: JACK MALLERS ANNOUNCES BITCOIN-BACKED LINE OF CREDIT ⚡
Strike CEO Jack Mallers just revealed plans for a real-time Bitcoin-backed credit line letting users borrow against their BTC to pay bills, make Lightning payments, and cover daily expenses without selling their bitcoin. 💳💥
“It works just like a credit card, but secured with $BTC ,” Mallers said marking a major leap toward a Bitcoin-native financial system where #fiat becomes optional. 🟧
#BTC #Strike #CryptoNews #lightningnetwork #Bitcoinadoption
Strike CEO Jack Mallers just revealed plans for a real-time Bitcoin-backed credit line letting users borrow against their BTC to pay bills, make Lightning payments, and cover daily expenses without selling their bitcoin. 💳💥
“It works just like a credit card, but secured with $BTC ,” Mallers said marking a major leap toward a Bitcoin-native financial system where #fiat becomes optional. 🟧
#BTC #Strike #CryptoNews #lightningnetwork #Bitcoinadoption
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