1. Trump Media Group "Holds Bitcoin Worth $2 Billion"
Trump Media & Technology Group(TMTG), a media group owned by U.S. President Donald Trump, announced in an official statement on Jul. 21 that it has $2 billion worth of Bitcoin. TMTG said it has invested about two-thirds of its total assets of $3 billion in Bitcoin as part of the company's financial strategy.
2. Cryptocurrency Trustee Bitgo Files for U.S. IPO
Bitgo, a U.S. cryptocurrency trustee, submitted an 'S-1' report to the U.S. Securities and Exchange Commission(SEC) on Jul. 21 to launch an initial public offering(IPO). According to Bloomberg's report, Bitgo's operating assets exceeded $100 billion in the first half of 2025, and based on this, it launched an IPO to enter the mainstream financial market.
3. FTX Asks Court for Extra Time to Repay 'Fund-Freeze State' Debt
The FTX exchange has asked the court to delay its review to repay the debts of creditors in 49 countries, which were considered suspended due to jurisdiction issues. According to a document submitted to the court by FTX on Jul. 21, FTX has responded to about 90 objections from state creditors who have been suspended from repaying their debts due to jurisdiction issues.
권승원 기자 ksw@blockstreet.co.kr
Trump Media & Technology Group(TMTG), a media group owned by U.S. President Donald Trump, announced in an official statement on Jul. 21 that it has $2 billion worth of Bitcoin. TMTG said it has invested about two-thirds of its total assets of $3 billion in Bitcoin as part of the company's financial strategy.
2. Cryptocurrency Trustee Bitgo Files for U.S. IPO
Bitgo, a U.S. cryptocurrency trustee, submitted an 'S-1' report to the U.S. Securities and Exchange Commission(SEC) on Jul. 21 to launch an initial public offering(IPO). According to Bloomberg's report, Bitgo's operating assets exceeded $100 billion in the first half of 2025, and based on this, it launched an IPO to enter the mainstream financial market.
3. FTX Asks Court for Extra Time to Repay 'Fund-Freeze State' Debt
The FTX exchange has asked the court to delay its review to repay the debts of creditors in 49 countries, which were considered suspended due to jurisdiction issues. According to a document submitted to the court by FTX on Jul. 21, FTX has responded to about 90 objections from state creditors who have been suspended from repaying their debts due to jurisdiction issues.
권승원 기자 ksw@blockstreet.co.kr