Metaplanet and the UK’s The Smarter Web Company added nearly $100 million in Bitcoin on Tuesday, boosting their positions among the largest public corporate BTC holders.
Tencent Music Entertainment (NYSE: TME) stock gains after reporting second-quarter results, with revenue of $1.18 billion, up 17.9%. Company highlights growth in online music and audio entertainment services.
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Bitcoin’s corporate adoption is increasingly resembling the “nationalization path” of gold leading up to 1971, presenting a new centralization concern, according to Willy Woo.
ZachXBT named some sponsors of Token2049 as sketchy. While these coins may have hype-fueled pumps to cult-like followings, they may have no real utility.