Metaplanet Acquires 108.​8 BTC at ¥9.​2 Million Per Coin

**Plume is gaining traction** with traditional investment funds as 40 Act funds show interest in the platform. The company is actively **seeking additional licenses** to expand its regulatory compliance and market reach. This development comes as the crypto industry continues to see increased institutional adoption, with **traditional financial entities** exploring digital asset opportunities. - 40 Act funds represent a significant institutional investor category - Additional licensing could open new market opportunities - Regulatory compliance remains key for institutional adoption

A penny stock company announced plans to invest in cryptocurrency for its corporate treasury. The funds will be used to **purchase digital assets** that will be held directly on the company's balance sheet, marking another corporate adoption of crypto as a treasury asset. This follows a previous strategy shift where the company indicated it would actively deploy capital rather than simply holding Bitcoin passively. - Company moving beyond traditional cash reserves - Crypto adoption as corporate treasury strategy - Active capital deployment approach planned The move reflects growing corporate interest in cryptocurrency as an alternative store of value and investment vehicle.

**Options flows have overtaken spot trading** as the primary driver of Bitcoin price movements in 2025. Institutional investors are increasingly using **Deribit** (the largest crypto options exchange) and **IBIT** (BlackRock's Bitcoin ETF) to position themselves around market volatility rather than making direct Bitcoin purchases. This shift represents a **fundamental change** in how Bitcoin prices are determined: - Traditional spot buying and selling now has less impact - Options strategies allow institutions to bet on price direction without owning Bitcoin - Volatility positioning becomes more important than actual Bitcoin accumulation The trend builds on previous market observations from Deribit, which noted high leverage conditions around options expiry dates. **Why this matters:** As institutional adoption grows, Bitcoin's price discovery mechanism is evolving from simple supply-demand dynamics to more complex derivatives-based strategies.

OpenAI has secured a **multi-billion dollar chip agreement** with AMD, creating significant momentum across the artificial intelligence and high-performance computing sectors. The partnership has triggered **sector-wide gains**, with AI and computing stocks experiencing notable increases following the announcement. This deal represents a major strategic move for both companies: - OpenAI secures critical chip supply for AI operations - AMD strengthens its position in the competitive AI chip market - The agreement signals continued growth in AI infrastructure demand The market response reflects investor confidence in the expanding AI ecosystem and the critical role of specialized computing hardware in supporting advanced AI applications.

A major firm has solidified its position as the **largest ether treasury** by expanding its holdings to over **2.83 million ETH tokens**. This development continues a trend from earlier this year when multiple Ethereum treasuries significantly increased their holdings over a two-week period in July. The firm's substantial ETH accumulation demonstrates continued institutional confidence in Ethereum's long-term value proposition.