11-14
Luxembourg Allocates 1% of Sovereign Fund to Bitcoin
Luxembourg's Intergenerational Sovereign Wealth Fund has allocated approximately €7 million to Bitcoin, representing 1% of its total assets, Finance Minister Gilles Roth announced at Bitcoin Amsterdam 2025 on November 13, 2025. The minister stated the fund will hold BTC long-term and has no plans to invest in other crypto assets. Roth cited the country's decade-long experience regulating crypto firms, noting that Bitstamp became the first European crypto exchange regulated by Luxembourg nearly ten years ago.
11-14
11-11
Gemini Space Station Reports 52% Revenue Growth in Q3 Amid $159.5M Net Loss
Gemini Space Station reported a 52% quarter-over-quarter revenue increase in Q3 2025, generating nearly $50 million in its first quarter as a publicly traded company. The Winklevoss-operated crypto exchange posted a net loss of $159.5 million, or $6.67 per share, exceeding analyst expectations of $3.24 per share. Following the earnings release, Gemini shares declined as much as 12% in after-hours trading, falling below $15 to reach an all-time low.
11-11
11-4
Strategy Launches €350 Million Perpetual Preferred Stock Offering to Fund Bitcoin Purchases
Strategy has announced an initial public offering of 3.5 million shares of 10.00% Series A Perpetual Preferred Stock denominated in euros, trading under the symbol STRE. The company will use net proceeds for general corporate purposes, including Bitcoin acquisitions. The offering targets European and global institutional investors seeking structured exposure to Bitcoin markets.
Dipilih
11-4