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Scott Bessent says the World Bank and IMF need a total overhaul: ‘Mission creep has knocked these institutions off course’

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Treasury Secretary Scott Bessent, in remarks to the Institute of International Finance on Wednesday, called for a sweeping overhaul at the World Bank and International Monetary Fund, and claimed the two institutions need to be reconnected with their missions.  “The IMF and World Bank have enduring value, but mission creep has knocked these institutions off … Read more

Metaplanet buys 160 BTC, total BTC holdings reaches 4,206

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Japan’s Metaplanet has acquired an additional 160 Bitcoin, bringing its total holdings to 4,206 BTC. According to the company’s Apr. 2 statement, the latest purchase was made at an average price of 12.49 million yen ($80,063) per Bitcoin (BTC), totaling 1.998 billion yen ($13.39 million). This purchase is a part of Metaplanet’s ongoing Bitcoin treasury … Read more

Tether buys $735M Bitcoin in Q1, total holdings reach $8.2B

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Tether, the issuer behind the USDT stablecoin, has continued its Bitcoin investment strategy, purchasing an additional 8,888 BTC on the last day of Q1 2025. The latest acquisition, which cost $735 million, expands Tether’s (USDT) total Bitcoin (BTC) holdings to 100,521 BTC, or roughly $8.29 billion, according to data from Arkham Intelligence. The acquisition is … Read more

BYD outshines Tesla on total revenue—but there’s still some way to go before it takes Tesla’s place at the top of the EV sector

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BYD, the Chinese EV giant, passed a significant milestone on Monday: it overtook Elon Musk’s Tesla in annual revenue. BYD generated 777.1 billion yuan ($107.1 billion) in annual revenue, up 29%. Not only is that past the $100 billion threshold, it’s greater than Tesla’s 2024 revenue of $97.7 billion. It’s been a good few months … Read more

Trump-backed World Liberty Financial buys AVAX and MNT for $4M as total portfolio losses reach $118M

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Key Takeaways World Liberty Financial purchased $2 million each of AVAX and MNT tokens while experiencing total portfolio losses of $118 million. World Liberty Financial’s portfolio includes 11 digital assets with Ethereum accounting for 58% and $88 million in losses. Share this article World Liberty Financial (WLFI), the DeFi project backed by the Trump family, … Read more

Six of Trump’s cabinet members disclose Bitcoin assets worth a total of millions

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At least half a dozen Trump cabinet members hold Bitcoin investments with a combined total worth reaching millions, according to the latest financial disclosures. At least six out of the 22 members of President Donald Trump’s cabinet members hold Bitcoin (BTC) assets in crypto wallets or indirect holdings through investment vehicles such as crypto-backed exchange-traded … Read more

Bitcoin-focused Metaplanet’s total holdings break through 3k BTC

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Metaplanet has purchased 162 Bitcoin, bringing their total holdings to 3,050 BTC. This is the first time Metaplanet’s crypto investments have surpassed the 3,000 BTC mark. On March 12, the Japanese investment firm announced it had recently acquired an additional 162 BTC (BTC) at an average price of 12,39 million yen ($83,635) as part of … Read more

Metaplanet buys 156 BTC, total holdings now 2,391 BTC

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Japanese investment firm Metaplanet Inc. has expanded its Bitcoin treasury with an additional 156 BTC, bringing its total holdings to 2,391 BTC.  According to Metaplanet’s official announcement on Mar. 3, the latest purchase was made at an average price of 12.95 million yen ($85,483) per Bitcoin (BTC), totaling 2.021 billion yen ($13.34 million). Metaplanet has … Read more

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