Retail traders are getting bored with the sideways action. Yet institutional appetite remains fierce. Meanwhile, Grayscale just launched the first US ETF that bundles Bitcoin, Ethereum, Solana, XRP, and Cardano into one basket. Because apparently buying crypto one at a time is too much work now. So what’s really driving institutional confidence right now? Let’s break down the top stories that actually matter:
- MicroStrategy’s software revenue is now meaningless as they’re sitting on over $13 billion in unrealized Bitcoin gains. What’s MicroStrategy’s average Bitcoin purchase price?
- Ethereum Foundation faces new competition as Zak Cole launches the Ethereum Community Foundation with millions in ETH funding. What’s the real reason behind this rebellion?
- Bitcoin breaks record for longest stagnation, staying sideways for 195 consecutive days – the longest stretch in its history. Could this consolidation actually boost Bitcoin’s breakout?
- Food company commits half billion to Bitcoin as DDC Enterprise raised $528 million specifically to buy Bitcoin over three years. How many companies actually hold Bitcoin now?
- Trump family company accepts Bitcoin payment as American Bitcoin raised $220 million for mining operations. Is American Bitcoin already public?
Let’s dive in after the market overview!
MicroStrategy’s Software Revenue Now Meaningless
Michael Saylor’s company is sitting on over $13 billion in unrealized Bitcoin gains for the second quarter. Meanwhile, their actual software business? Just $112.8 million in revenue. MicroStrategy held 528,185 Bitcoin as of March, and those holdings jumped to $56.3 billion by Monday. That’s a $12.8 billion gain in three months. 250 other businesses are now following this exact playbook. What’s MicroStrategy’s average Bitcoin purchase price? Read the full story!
Ethereum Foundation Faces New Competition
Zak Cole launched the Ethereum Community Foundation with millions in ETH funding. Their mission? Only support projects that burn ETH tokens and boost the price. Every project must be immutable and tokenless. They’re focusing on bringing real-world assets onchain. What’s the real reason behind this rebellion? Read the full story!
Bitcoin Breaks Record for Longest Stagnation
Bitcoin has been sideways for 195 consecutive days – the longest stretch in its history. Profit-taking hit $2.46 billion on June 30, well above the 2025 average. Whale wallets holding over 1,000 BTC have been reducing their balances, even as institutional money keeps flowing in. Could this consolidation actually boost Bitcoin’s breakout? Read the full story!
Food Company Commits Half Billion to Bitcoin
DDC Enterprise, which owns Asian food brands, raised $528 million specifically to buy Bitcoin. They plan to acquire 5,000 BTC over three years. The Hong Kong company already holds 138 BTC bought at $78,582 per coin. They want to build “one of the world’s most valuable corporate Bitcoin treasuries” while selling convenience food. Crypto-native firms like Animoca Brands participated in the funding. Over 140 public companies now hold $90.9 billion worth of Bitcoin. How many companies actually hold Bitcoin now? Read the full story!
Trump Family Company Accepts Bitcoin Payment
American Bitcoin, co-founded by Donald Trump’s sons, raised $220 million for Bitcoin mining operations. They accepted $10 million worth of shares in Bitcoin instead of cash. The company paid $104,000 per coin for the Bitcoin payment. Donald Trump Jr. and Eric Trump were founders before Hut 8 acquired a majority stake. Is American Bitcoin already public? Read the full story!
Solana News: Tokenized Stocks, Micro Futures, and Staking ETFs Incoming
Solana underwhelms in H1, but this week’s key positive developments (ETFs and tokenized stocks) could set the tone for H2.
