News

According to EmberCN monitoring, the largest treasury companies for Bitcoin and Ethereum made the following purchases last week: Bitcoin treasury company @Strategy (MSTR) bought 1,587 BTC (worth $100 million) at an average price of approximately $63,024. They now hold a total of 846,842 BTC (valued at $56.09 billion), with an average cost of $75,656, resulting in a loss of $7.979 billion (-12.4%). Ethereum treasury company @BitMNR (BMNR) purchased 76,881 ETH (worth $129 million) at an average price of approximately $1,681 last week. They currently hold a total of 5,620,754 ETH (valued at $9.909 billion), with an average cost of $3,422, resulting in a loss of $9.327 billion (-48.5%). Bitmine is only 400,000 ETH away from their target of holding 5% ETH, which they should achieve next month at the current pace.

BlockBeats News, June 15th, US President Trump posted on social media platform, stating: Ships are starting to move out of the Strait of Hormuz. Many are filled with oil. They are moving along the southern "highway," a route that is completely safe, secure, and open. Other areas are also open to navigation!!!

Foresight News reported that Forward Industries (FWDI), a Solana treasury company, announced it had submitted a non-binding acquisition proposal to the board of Solana Company (HSDT), another Solana treasury company, for an all-stock merger plan. However, on June 12, the HSDT board voted to reject the proposal and opted not to engage in further communication. According to the proposal, HSDT shareholders would receive 0.386 newly issued Forward common shares for each HSDT share held, representing a premium of about 10% over the closing price of $1.48 the day prior to the proposal, equivalent to approximately $1.63 per share. Forward Industries expressed disappointment with the outcome, stating that opening a dialogue would serve the interests of both companies' shareholders, and publicly disclosed the process of the proposal.