Twenty One Capital $CEP ( ▲ 2.55% ) , the BTC investment company backed by Cantor Fitzgerald, Tether, and Softbank, has purchased 4,812 BTC – worth $458.7M (see the onchain holdings here). While the move was telegraphed, with everyone knowing it was coming, it is still impressive that a company can purchase nearly half a billion of BTC in less than a week.
Supply Crunch Accelerating
According to data from Bitwise, public corporations have already bought 3.3x more Bitcoin than has been supplied in 2025. To put that into perspective, the new supply for the year is around 60,000 BTC, and companies have already surpassed 196,000 BTC in purchases.
Should You Diversify?
After a absolutely brutal six months for ETH, something amazing has happened in the past month… the second largest cryptoasset by market cap has woken up. ETH is now up more than 60% since it’s April lows (and investor’s max skepticism). Things like this always beg the question: should crypto investor’s diversify? Or should they just hold BTC?
Bitwise CIO, Matt Hougan, argues that it comes down to what you think crypto is for. A hedge against fiat? Then just buy BTC. But if you think crypto will ultimately become general use technology, then you should invest in a diversified basket. Of course Mr. Hougan is in a sense talking his book as the CIO of BITW. But for those looking for a more “on chain” experience they should look at Coin50.
What it's really like to work with Elon…
A business partner of mine has close ties to the Department of Defense… And he recently told me how one morning, Elon's “DOGE Agents” simply showed up. No badges. No briefcases. No guns. Just a list of names. They didn't ask questions. They gave instructions. Whole departments were merged. Dozens of tasks and contracts were reassigned. Several project were permanently shut down… and replaced with something else entirely. That's when he called me… and I realized what was really happening. For the full story, click here…
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SEC not ready to decide on Grayscale Solana ETF (Blockworks)
French minister steps in to help stop crypto kidnappings (Protos)
eToro set to go public today under ticket ETOR (Bloomberg)
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The Trade War Over Critical Metals Is Heating Up
As China tightens exports and weaponizes its hold on critical metals, the West is racing to secure its own supply. Silver is now a geopolitical battleground-and one firm operating in a top-tier North American region is positioned to benefit.
