ChainCatcher news, according to Decrypt, Brazilian publicly traded company Méliuz recently announced an investment of $28.4 million to purchase 274.52 bitcoins, with an average purchase price of $101,703 per coin. This move makes it the first publicly traded company in South America to establish a bitcoin reserve, and after the announcement, the company's stock price surged by 26% in a single day.The cash-back platform listed on the Brazilian stock exchange stated that this investment aims to create higher returns for shareholders by increasing the bitcoin holdings per share. Industry analysts pointed out that the company is emulating the bitcoin investment strategy of the American company Strategy (formerly MicroStrategy) to cope with the operational pressures in Brazil's high-interest-rate environment.As the largest economy in Latin America, Brazil's digital asset market is developing rapidly, currently hosting the highest number of cryptocurrency ETFs in the region. Market observers believe that the allocation of bitcoin assets by publicly traded companies is gradually becoming a global trend, but whether such strategic transformations can continue to create value remains to be seen over time.

ChainCatcher news reports that the Northern Mariana Islands legislature overwhelmingly overturned the governor's veto on May 16, officially approving the issuance of the government-backed stablecoin "Mariana Dollar" (MUSD). The bill stipulates that MUSD will be fully backed 1:1 by U.S. dollars and government bonds held by the government, and will be issued on the eCash blockchain.Marianas Rai Corporation, a technology company from Tinian, has been designated as the exclusive technology partner. The local government stated that this is not only a financial innovation but also part of an economic revitalization strategy, with accompanying measures in the bill including the issuance of internet casino licenses.Meanwhile, Wyoming has also passed a similar bill to prepare for the issuance of the "Wyoming Stable Token." Analysts point out that if MUSD can be launched before July, it will become the first stablecoin issued by a local government in the United States, and its market performance will provide important references for subsequent policies.Experts believe that the competition between these two regions may influence the legislative process for digital currencies in the United States, but technical implementation and compliance operations still face challenges. The federal government's attitude towards such local stablecoin projects will become a focal point of future attention.

ChainCatcher news, according to Globe Newswire, the US-listed company Basel Medical Group Ltd announced today that it has initiated exclusive negotiations for a Bitcoin (BTC) acquisition plan totaling $1 billion. This plan will significantly diversify the company's financial reserves while continuing to focus on expansion in the medical services sector.

ChainCatcher news, the first season analyst competition initiated by the Web3 asset data platform RootData has entered the mid-stage. Several market analysis reports submitted by participants have been included on the platform. The total prize pool for the competition is 3000 USDT, and the submission deadline is May 23 at 14:00 UTC. Participants need to quote the official tweet and add the tag #RootDataAnalyst to publish original analysis content.Winners will not only share the prize money but also have their works showcased in the RootData media center. The event encourages practitioners to interpret market trends through data analysis and uncover the on-chain and project dynamic value. Users can participate through social platforms, and the final results will be assessed based on content depth and data insights.

ChainCatcher news, according to CoinDesk, the UK-based listed blockchain company Coinsilium Group (stock code: AQSE) announced the completion of £1.25 million in funding to establish a Bitcoin financial plan. On Friday, Coinsilium's trading volume reached a historic high of 14 million shares. The current stock price is £4.10, having risen 24% in the past 24 hours. The company's advisor is CoinDesk analyst James Van Straten.

ChainCatcher news, Binance announces the launch of the Binance Alpha version SUI ecosystem trading competition. During the event, users can trade SUI ecosystem tokens through the Binance wallet or the Binance Alpha platform. The event runs from May 16, 2025, 16:00 (UTC) to May 30, 2025, 16:00 (UTC). Trading SCA, BLUE, NAVX, HIPPO, NS, and any SUI ecosystem tokens on Binance Alpha will earn rewards. Trades in the SUI/USDC pair or any other SUI stablecoin pairs will not count towards the cumulative trading volume for this reward. All rewards will be distributed according to the above reward allocation, in the form of SCA, BLUE, NAVX, HIPPO, NS, and SUI tokens.

ChainCatcher news, whiskey manufacturer Heritage Distilling (NASDAQ: CASK) announced that it will implement a cryptocurrency financial strategy, accepting Bitcoin and Dogecoin as payment methods, and holding them as strategic assets. The plan is led by the board's Technology and Cryptocurrency Committee, chaired by Matt Swann.

ChainCatcher news, according to Cointelegraph, Warren Buffett's Berkshire Hathaway has completely exited its stake in Nu Holdings, the parent company of Latin America's crypto-friendly bank Nubank, realizing a profit of approximately $250 million from this investment.This exit is not due to poor performance by Nubank, as the company reported a net income of $557.2 million in the first quarter of 2025, a 47% year-over-year increase, with a 91% growth in net income for the entire year of 2024. This move is actually part of Berkshire's broader strategy to divest from its financial sector, having also sold shares of Citigroup and reduced its holdings in Bank of America, totaling over $2.1 billion in financial stock sales, pushing cash reserves to a record $347.8 billion.

ChainCatcher news, according to DL News, Strategy (formerly MicroStrategy) director Jarrod Patten recently reduced his holdings by $5.2 million in Class A shares and plans to continue selling $300,000 this week. The reduction occurred as the company's stock price reached a new high for the year at $421.61, and after the news was announced, the stock price fell 3% to $403. Data shows that Patten has been gradually reducing his holdings since April 22, during which the stock price has risen over 20%. Currently, more than 130 companies have followed Strategy's Bitcoin holding strategy.

ChainCatcher news, the publicly listed Bitcoin financial services company Fold Holdings released its financial performance report for the first quarter ending March 31, 2025, which disclosed:Revenue reached $7.1 million, a year-on-year increase of 44%;Bitcoin treasury holdings: increased to 1,490 BTC as of May 13, valued at over $150 million;Total trading volume of crypto assets exceeded $250 million, a year-on-year increase of 67%.

ChainCatcher news, according to official sources, the artificial intelligence (AI) platform Giza, based on smart contracts and web3 protocols, has announced the completion of a total financing of $5.2 million, serving as the infrastructure for Xenocognitive Finance. Its investors include Base Ecosystem Fund, Echo, CoinFund, Re7 Capital, Stake Capital, ID Theory, CONTANGO, and others.It is reported that Giza is developing a trustless protocol aimed at decentralizing machine learning inference computation, providing assurance for the open economy of open-source AI. It enables AI developers to generate zero-knowledge proofs, thereby ensuring the transparency and credibility of verifiable machine learning model deployments.

ChainCatcher news, according to Coinpost, the Tokyo Stock Exchange listed company Remixpoint announced an additional purchase of 500 million yen (approximately 32.83 BTC) of Bitcoin, with an average purchase price of 15.23 million yen/BTC.As of May 14, the company's total holdings in crypto assets reached 11.1 billion yen, including 648.82 BTC (worth approximately 9.91 billion yen), as well as mainstream tokens such as ETH, SOL, XRP, and DOGE.

ChainCatcher message, according to Spot on Chain monitoring, a wallet address linked to the Compound team has deposited 250,100 COMP (approximately 11.2 million USD) into CoinbasePrime in the past 3 hours.Previously, the wallet redeemed 398,100 COMP (approximately 17.7 million USD) from CompoundV3, marking the first transfer of COMP from this wallet in 9 months. The wallet currently still holds 148,032 COMP (approximately 6.58 million USD).

ChainCatcher news, the ticketing platform XP based on Solana has completed a $6.2 million seed round financing, led by Blockchange, with participation from L1D and Reflexive.According to reports, the platform encodes tickets into NFTs, allowing users to pay with USDC by connecting their crypto wallets.Founder Mike Saunders revealed that the platform is about to launch a user-driven resale feature and plans to provide exclusive rewards and experiences for fans through blockchain technology. Although the platform is built on Solana technology, the official website hardly mentions any crypto elements, and the founder has not clearly stated whether a token will be issued.

ChainCatcher news, according to crypto journalist Eleanor Terrett, the latest bipartisan amendment draft of the GENIUS Act received by the U.S. Senate strengthens key regulatory measures, explicitly prohibiting stablecoin issuers from falsely claiming FDIC insurance or backing by the U.S. government, and banning the use of terms like "America" or "U.S. government" in stablecoin names to avoid consumer confusion.Most importantly, the amendment includes restrictions on tech giants, explicitly prohibiting non-financial public companies such as Meta, Amazon, Google, and Microsoft from issuing stablecoins unless they meet strict standards for financial risk, consumer data privacy, and fair business practices. This aligns with Trump's "America First" vision, aiming to separate banking from the monopolistic tendencies of Silicon Valley tech firms.The amendment also strengthens enforcement mechanisms, allowing the Treasury to suspend the registration of issuers in cases of reckless or willful violations, and expands the ethical standards applicable to special government employees (including Elon Musk) to ensure consistent application of financial conflict of interest standards. In short, these adjustments limit the financial expansion of large tech companies but add more cumbersome procedures.

ChainCatcher news, according to Chainwire, the DeFi strategy management platform XSY.fi announced the completion of a $5 million Pre-A funding round, led by Borderless Capital and Protagonist, with participation from Paper Ventures, Chainview Capital, Avalanche Blizzard Fund, Sonic Boom Ventures, and others.In addition, XSY.fi also announced the launch of the digital synthetic dollar Unity (UTY) on the Avalanche blockchain, aimed at enhancing liquidity and capital efficiency in the blockchain ecosystem.

ChainCatcher news, according to CoinDesk, decentralized exchange infrastructure company 0x announced the acquisition of competitor Flood. This acquisition is 0x's first since its establishment in 2017. A spokesperson for 0x declined to disclose the specific amount of the acquisition of Flood due to contractual obligations.