A bitcoin ATM (Mario Tama/Getty Images)

Sora aims to buy $1 billion in bitcoin in the next six months

Japanese company Metaplanet already holds over $2 billion in bitcoin.

9/5/25 11:34AM

Sora Ventures announced the launch of what it says will be “Asia’s first $1 billion bitcoin treasury fund,” and aims to acquire all that bitcoin within the next six months. Sora differentiated itself from other Asian treasury companies like Japanese company Metaplanet, which is currently the largest publicly listed bitcoin holder in Asia, holding 20,000 bitcoin it acquired for $2.06 billion. Sora said in a press release:

“While those companies hold bitcoin directly on their own balance sheets, the Sora Ventures treasury fund will act as a central pool of institutional capital designed to both support these existing firms and fuel the creation of similar treasuries globally.”

Meanwhile, Metaplanet shareholders approved three resolutions on Monday, including increasing the total number of authorized shares to 2.5 billion and new provisions for perpetual preferred shares. This will enable Metaplanet to raise up to 555 billion yen ($3.7 billion) in preferred shares and use the proceeds to acquire more bitcoin.

In other bitcoin mining and treasury news:

Strategy and bitcoin fans are getting excited about the possibility that the S&P 500 could announce the company’s inclusion later today. Bloomberg reported that “a $14 billion unrealized gain last quarter delivered the profitability required for index eligibility, at least in theory, under current rules.”
Bitcoin miner MARA Holdings announced it produced 705 bitcoin in August, compared to 703 in July. MARA, the second-largest corporate bitcoin holder, said it took advantage of bitcoin’s price decline and bought the dip. It now holds 52,477 bitcoin and “opted not to sell any BTC in August.”
Publicly traded bitcoin mining company Cipher Digital announced it produced 241 bitcoin in August, compared to 214 bitcoin in July. It also said it acquired more bitcoin and now holds 1,414 tokens, up from 1,219.
Public company Figma, which just released its first earnings since its IPO, added 177 bitcoin and now holds 767 bitcoin.

Sage D. Young19h

Crypto market snaps back as sentiment lifts, with altcoins from ethereum to XRP soaring

The market capitalization of the crypto industry has jumped around $83.2 billion in the last 24 hours, with privacy-focused token Zcash and worldcoin, the native cryptocurrency of the network backed by OpenAI CEO Sam Altman, leading market gains, jumping over 22%.

But the last 24 hours have been good across the board:

Ethereum has increased more than 9% to trade above $1,800, amid BitMine Immersion Technologies acquiring $139.2 million worth of ethereum.
XRP and solana have rebounded from multiyear lows, each rising roughly 10%.
HYPE has bounced up 12%.
Dog-based memecoins dogecoin and shiba inu have chased gains of more than 4%.

“Investors have been eager to see some positive signs around the Iranian conflict ending, coupled with hopeful outlooks around the CLARITY act, both breathing some life into assets,” Kairos Research cofounder Ian Unsworth told Sherwood News.

Simon Shockey, a crypto strategist at crypto wallet infrastructure firm Privy, said the upswing stems from several things converging. He pointed to how alt markets broadly were “very oversold” following the bug found in Zcash that shook confidence.

Friday, Zcash founder Zooko Wilcox said Anthropic didn’t find any more serious bugs with the Zcash protocol after Shielded Labs requested the AI firm run a security audit of the network with Mythos.

Shockey added that the pool of willing sellers has dwindled. “Even if structurally, AI is a much more compelling and asymmetric bet in the eyes of allocators, many of these crypto assets have simply run out of marginal sellers despite some shorter-term narrative-driven pumps. The only people left to sell at this point are the teams themselves and VCs.”

“Net-net: oversold conditions plus exhausted seller bases plus a macro backdrop that’s stabilized equals a snapback, especially in names that have real usage or community conviction behind them,” Shockey told Sherwood.

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Bitcoin hits highest level in 2 weeks following news of Iran deal

Bitcoin crossed $66,500 Monday morning as the broad crypto market welcomed the return of a risk-on mood.

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The second half of the year might be more auspicious for bitcoin

“Winter is over. Welcome back to crypto Spring,” one analyst declared.

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Investors slice $2 billion out of bitcoin ETFs so far in June

The rate of outflows puts the funds on track to far surpass May’s losses.

$389M

Sage D. Young6/11/26

US Attorney David Metcalf announced Thursday the arrests of Ruslan Igorevich Tkachuk and Alexander Vladimirovich Ledenev, alleged senior members of AudiA6, a cryptocurrency money-laundering service believed to be responsible for laundering over $389 million.

The arrests coincided with a coordinated international takedown of AudiA6 and its infrastructure, involving the search of three properties, the seizure of servers and domains connected to the organization, as well as freezing cryptocurrency assets, according to a Department of Justice press release.

Tkachuk and Ledenev were “charged by criminal complaint with one count of conspiracy to launder monetary instruments and one count of sting money laundering,” the DOJ said. If convicted, they face a maximum possible sentence of 20 years of incarceration.

Per the criminal complaint, AudiA6 offered services to conceal the origin of cryptocurrency linked to criminal activity, charging fees of up to 5% of the amount laundered.

The two defendants are in custody of Republic of Georgia authorities, and the US Attorney’s Office aims to seek their extradition to the Eastern District of Pennsylvania.

Sora aims to buy $1 billion in bitcoin in the next six months

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Crypto market snaps back as sentiment lifts, with altcoins from ethereum to XRP soaring

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