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Greetings, Crypto Fella’s👋, |
GM. This is FOMOchain, the weekly newsletter that goes down like an ice-cold Gatorade in 100-degree heat. |
Here’s what we got for you today: |
🇰🇿 Kazakhstan’s Central Bank Eyes National Crypto Reserve 🏢 Corporate Bitcoin Buying Spree: Metaplanet, Strategy & More 💸 Ethereum Treasuries Catch Fire: BitMine & SharpLink Join In 🇺🇸 ProCap (Pompliano) Joins BTC Treasury Trend 💼 More Corporate BTC Buyers: Cardone, Panther & Green Minerals ⚖️ Ripple vs. SEC: Closing a Long Chapter 🪙 Trump-Affiliated WLFI Expands Stablecoin Vault on BNB Chain 📈 ETF Watch: Bitwise Adds In-Kind Redemptions to DOGE, APT Proposals |
From Kazakhstan’s central bank eyeing a national crypto reserve to major firms loading up on BTC and ETH, this week reflects a massive institutional tilt in crypto. Here's your compact but powerful wrap-up. |
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🇰🇿 Kazakhstan’s Central Bank Eyes National Crypto Reserve |
Kazakhstan is planning a state-run cryptocurrency reserve, per a report by Kazinform. The National Bank of Kazakhstan aims to fund the reserve using seized digital assets and state-linked mining operations. |
National Bank Chairman Timur Suleimenov acknowledged the risks of crypto but emphasized centralized oversight for effective risk management. A May 22 parliamentary response confirmed the bank’s intent, suggesting a subsidiary specializing in alternative investments could manage the reserve. |
📣 Do you support Kazakhstan’s state crypto reserve move? |
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🏢 Corporate Bitcoin Buying Spree: Metaplanet, Strategy & More |
🪙 Metaplanet Becomes 5th-Largest Bitcoin Holder |
Japanese firm Metaplanet purchased another 1,005 BTC for $108M, bringing its total holdings to 13,350 BTC worth $1.45B. |
The company’s YTD BTC yield is 349%. Its average acquisition cost is $97,832 per BTC. It now ranks above Tesla, Hut 8, Coinbase, and Block Inc. in BTC holdings. |
Strategic moves: |
Metaplanet issued $208M in 0% bonds to fund more BTC purchases. Plans to buy 100,000 BTC by 2026 and 210,000 BTC by 2027. Stock jumped 9% after the announcement, now up 350% YTD. |
🏛 Strategy (Michael Saylor) Adds More BTC for 11th Week |
Michael Saylor’s Strategy acquired 4,980 BTC for $531.1M last week, averaging $106,801 per BTC. |
Total BTC holdings: 597,325 BTC, worth $63B+ YTD gain: 85,871 BTC, with a YTD yield of 19.7%, inching toward a 25% 2025 goal. Strategy also moved 7,383 BTC (~$796M) to new wallets, likely for improved custody. |
Saylor reiterated his ultra-bullish stance in a post on X he said: |
“In 21 years, you’ll wish you’d bought more.” |
Later another post join’s with him being interviewed by Raoul Pal. |
| When I first decided to get irresponsibly long Bitcoin. | Raoul Pal @RaoulGMI @saylor on Real Vision: The interview that started it all for many in 2020. One of the most viewed interviews of all time and likely the first to explain the reason behind the wave of Bitcoin treasury companies... Enjoy! 00:00 Intro
05:00 Michael Saylor’s MIT roots & Air Force |
| | | 7:43 AM • Jun 30, 2025 | | | |
| | 4.27K Likes 497 Retweets | | 377 Replies |
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💸 Ethereum Treasuries Catch Fire: BitMine & SharpLink Join In |
BitMine Immersion Technologies raised $250M in a private placement led by major investors like Pantera, Founders Fund, Kraken, Galaxy Digital, and Thomas Lee. |
BitMine is pivoting to ETH, calling stablecoins the "ChatGPT of crypto." Believes Ethereum will benefit most from stablecoin growth. BitMine’s current BTC holdings: 154 BTC worth ~$17M. |
SharpLink Gaming, now the largest public ETH holder, previously acquired 176,271 ETH for $463M, with plans to expand to $1B in ETH. |
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🇺🇸 ProCap (Pompliano) Joins BTC Treasury Trend |
Anthony Pompliano’s ProCap BTC bought 3,724 BTC for $386M, with an average entry at $103,785 per BTC. |
ProCap plans to buy up to $1B BTC. It’s going public via a SPAC merger with Columbus Circle Capital. Post-public listing, it would rank 14th among corporate BTC holders. |
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💼 More Corporate BTC Buyers: Cardone, Panther & Green Minerals |
Grant Cardone: First BTC treasury buy — 1,000 BTC. Panther Metals: Combining physical mining with crypto; plans to buy $5.4M in BTC. Green Minerals (Norway): Announced intent to buy $1.2B in BTC. |
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⚖️ Ripple vs. SEC: Closing a Long Chapter |
Ripple CEO Brad Garlinghouse announced that Ripple is dropping its cross-appeal against the SEC. The regulator is expected to do the same. |
XRP price jumped 3.36% to $2.18 post-announcement. Court denied a request to reduce Ripple's $125M penalty, but XRP’s non-security status remains unchanged. Ripple now returns focus to building the “Internet of Value.” |
🔥 Ripple and SEC finally cooling down — bullish for XRP? |
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🪙 Trump-Affiliated WLFI Expands Stablecoin Vault on BNB Chain |
World Liberty Financial (WLFI), tied to the Trump family, partnered with Re7 Capital to launch a USD1 stablecoin vault on Euler Finance and Lista, a BNB Chain-based liquid staking platform backed by Binance Labs. |
$100M investment from Aqua1 Foundation. DWF Labs bought $25M in WLFI tokens and will provide USD1 liquidity. WLFI aims to boost US dollar salability via stablecoin adoption. Trump reported $57M in WLFI-related income in June 2025 but reduced his stake by 20% since 2024. |
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📈 ETF Watch: Bitwise Adds In-Kind Redemptions to DOGE, APT Proposals |
Bitwise amended filings for Dogecoin and Aptos ETFs to allow in-kind redemptions, a tax-efficient move attracting institutional interest. |
SEC Commissioner Hester Peirce confirmed that in-kind redemptions are likely coming. Altcoin ETF filings surged in 2025—70+ applications, 31 altcoin-specific so far. Bitwise's move could inject capital, validate Aptos, and reshape L1 participation. |
🧠 Which headline was most surprising to you this week? |
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🧠 Final Takeaway |
Institutions are moving aggressively. From Saylor and Metaplanet doubling down on BTC, to ETH treasury pivots and stablecoin-focused DeFi strategies, this week proves one thing: crypto is no longer just a retail game. |
Governments are joining the fray (Kazakhstan), corporations are embedding crypto in treasury models, and regulation is adapting fast. |
📉 Volatility may persist. But behind the noise, the trend is unmistakably bullish and maturing. |
Thanks for reading FOMOchain’s crypto dive. |
Stay tuned, fella’s.
We’ll be tracking Q2 week by week - and as always, decoding the signal from the noise. |
Until next time,
From FOMOchain Team. |
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