The Smarter Web Company, a UK-based web design and digital services firm, has officially joined the ranks of top corporate bitcoin holders, reaching a milestone of 1,000 BTC in its treasury strategy. The announcement follows the company’s latest purchase of 226.42 BTC for approximately $24.4 million, priced at an average of $107,726 per bitcoin. Strategic Shift to Bitcoin Treasury Focus The Smarter Web Company initially operated as a traditional web design business. However, in April 2025, the firm announced a strategic pivot — adopting bitcoin as a core reserve asset. Since then, it has been gradually converting its treasury into…
Author: Blockto Team
A mysterious $8 billion Bitcoin transfer from dormant wallets dating back to the early days of the network has sparked speculation in the crypto community. However, blockchain analysis suggests the move was a strategic security upgrade—not a liquidation. Dormant Wallets From 2011 Move to Modern Addresses Last week, on-chain data revealed that eight Bitcoin wallets, each holding 10,000 BTC, transferred funds to modern bc1q-style SegWit addresses. These wallets had remained untouched since 2011—placing them among the oldest known wallets possibly linked to early miners or Satoshi-era entities. The combined value of the transferred BTC exceeds $8 billion at current prices.…
Strategy Inc., formerly known as MicroStrategy, has announced the launch of a $4.2 billion at-the-market (ATM) preferred stock sale. The funds raised will be used to support general corporate operations, with a strong emphasis on acquiring more bitcoin. This new stock offering comes in the form of Series A Perpetual Stride Preferred Stock (STRD), carrying a fixed 10% non-cumulative annual dividend. The decision highlights the company’s ongoing dedication to expanding its digital asset holdings. Strategic Funding for Bitcoin Accumulation Strategy plans to issue STRD shares gradually, depending on market demand, trading volume, and price movement. The company emphasized that the…
Bernstein analysts believe a new wave of equity tokenization is approaching, driven by advancing regulations and strong demand for access to private equity via blockchain. This comes even after Robinhood’s controversial launch of tokenized equity for private firms like OpenAI and SpaceX, which sparked backlash over consent and shareholder rights. Still, the move signals broader market appetite for decentralized financial innovation. Robinhood’s Tokenized Equity Push Faces Scrutiny On June 30, during a major event in Cannes, Robinhood revealed its latest crypto offerings, including tokenized shares of over 200 U.S. companies, available to EU customers via the Arbitrum blockchain. Among these…
Solana’s memecoin ecosystem witnessed a major shift as LetsBonk, a rising launchpad platform, overtook long-time leader Pump.fun in daily revenue. According to updated metrics from DefiLlama, LetsBonk generated $1.04 million in revenue within 24 hours — nearly doubling Pump.fun’s $533,412 during the same period. This marks the first time a Solana-based launchpad has flipped Pump.fun in short-term earnings, signaling growing momentum behind the Bonk-powered platform. What is LetsBonk? LetsBonk is a memecoin launchpad built on the Solana blockchain. Launched on April 25, the platform promotes itself as a “self-serving launchpad for memecoins” with an emphasis on community-led growth and resistance…
Ethereum co-founder Vitalik Buterin has co-authored a new proposal, EIP-7983, that aims to cap gas usage per transaction at 16,777,216 gas, marking a significant step toward enhancing network efficiency and execution predictability. Why Ethereum Needs a Gas Cap Currently, a single transaction on Ethereum can consume an entire block’s gas limit, creating significant engineering and execution challenges. This structure can introduce instability in block execution and reduce performance, especially in scenarios where zero-knowledge virtual machines (zkVMs) or parallel processing engines are involved. By capping the gas per transaction, the Ethereum team intends to prevent bottlenecks, balance workloads across processing threads,…
Bitcoin treasury giant Strategy has temporarily paused its aggressive accumulation of BTC, marking the first break in over three months. The pause was confirmed in an SEC filing dated July 7, covering the period from June 30 to July 6, and aligns with the company’s release of its Q2 financial results. Strategy’s Current Bitcoin Holdings As of July 6, Strategy holds 597,325 BTC, worth over $65 billion, acquired at an average price of $70,982 per Bitcoin. This represents more than 2.8% of the total 21 million BTC supply and reflects $22.6 billion in unrealized gains, according to executive chairman Michael…
Bhutan, the Himalayan kingdom known for its Gross National Happiness philosophy, is turning to cryptocurrency to modernize its economy and boost its tourism sector. By integrating crypto payments across the country, Bhutan aims to attract younger, tech-savvy travelers and reduce reliance on outdated banking systems. Modernizing Tourism with Crypto Payments According to Damcho Rinzin, Director of Bhutan’s Department of Tourism, the country’s tourism industry has long suffered due to limited and outdated payment infrastructure. Tourists often struggle with slow and costly wire transfers, discouraging digital-first travelers. To tackle this, Binance Pay partnered with DK Bank on May 7, enabling tourists…
Mercado Bitcoin, one of Latin America’s leading cryptocurrency exchanges, has announced plans to tokenize over $200 million worth of real-world assets (RWAs) using the XRP Ledger (XRPL). This initiative marks one of the largest tokenization projects in the region and represents a significant milestone for blockchain integration in traditional finance. XRP Ledger Powers Institutional Asset Tokenization According to the announcement, the assets to be tokenized include fixed income products and equity instruments. The tokenization process will leverage XRPL’s speed, scalability, and compliance-oriented architecture to bring traditional financial instruments on-chain. The project underscores XRPL’s emerging role as a preferred blockchain for…
Cryptocurrency investment products posted another strong week of inflows, attracting over $1 billion in fresh capital, according to the latest market data. The surge reflects ongoing investor appetite for digital asset exposure despite recent volatility in Bitcoin and Ethereum markets. Bitcoin ETPs Lead, But Momentum Slows Bitcoin exchange-traded products (ETPs) led inflows with $790 million, representing 76% of total inflows. While this shows continued investor interest, it marks a slowdown from the $1.5 billion weekly average recorded over the prior three weeks. Analysts suggest that the deceleration is likely due to growing investor caution, especially as Bitcoin approaches its all-time…