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Canada AIMCo Buys $219M Strategy Shares in First Bitcoin Move

Canada’s AIMCo bought $219M Strategy shares, marking its first Bitcoin-linked move and rising institutional crypto interest globally. Canada’s largest public fund manager has entered Bitcoin exposure. Alberta Investment Management Corp, known as AIMCo, disclosed a major share purchase. The fund purchased 1.38 million shares of Strategy (formerly MicroStrategy). The investment...

Tesla Founder Elon Musk Revisits Crypto Views

Elon Musk says some crypto assets have value, while most scams remain, during OpenAI lawsuit hearing this week. Elon Musk again shared mixed crypto views publicly. He said some crypto assets have merit. However, he said that the majority of them are scams. Therefore, his recent remarks attracted a large...

Tether Backs Multi-Stage Merger to Create Public Bitcoin Powerhouse via Twenty One Capital

Tether supports mergers to combine mining, payments, and treasury into a single public Bitcoin-focused company. Tether Investments has outlined a major plan that could reshape how Bitcoin-focused companies operate in public markets. The proposal centers on a multi-stage merger involving Twenty One Capital, Strike, and Elektron Energy. If completed, the...