Bitcoin Project Roxom Global Secures $17.9M to Pioneer BTC Treasury and Media Network

Roxom Global, a Bitcoin-centric initiative, has successfully raised $17.9 million in funding to establish a BTC-denominated securities exchange and a round-the-clock media network dedicated to Bitcoin. This ambitious project seeks to embed Bitcoin standards into the global financial ecosystem, with a focus on expanding into Latin America, Europe, and select regions in Asia and the Middle East. The funding round includes a significant $7.9 million contribution from prominent investors like Draper Associates, underscoring growing institutional confidence in Bitcoin's role in future finance. As of June 2025, this development marks a pivotal step toward mainstream adoption of Bitcoin as both a treasury asset and a media-driven financial instrument.

Bitcoin Project Roxom Global Raises $17.9M to Build BTC Treasury and Media Network

Roxom Global, a Bitcoin-focused project, has secured $17.9 million in funding to develop a BTC-denominated securities exchange and a 24/7 media network dedicated to Bitcoin. The initiative aims to integrate bitcoin standards into global finance, targeting markets in Latin America, Europe, and parts of Asia and the Middle East.

The funding includes $7.9 million from investors such as Draper Associates and Borderless Capital for the exchange, and $10 million in a private round for RoxomTV. The exchange will feature futures, spot markets, and synthetic instruments, all priced and settled in BTC.

Texas Advances Bill to Create Strategic Bitcoin Reserve

Texas lawmakers have taken a significant step toward establishing a state-held Bitcoin reserve, with the House of Representatives approving Senate Bill 121 by a 101-42 vote. The legislation grants the comptroller authority to manage cryptocurrency investments through a dedicated "Texas Strategic Bitcoin Reserve."

If finalized, Texas WOULD follow New Hampshire as the second U.S. state to institutionalize digital asset holdings. The move contrasts with Arizona's failed 2023 attempt, where a similar proposal reached the governor's desk only to be vetoed.

The bill now returns to the Senate for reconciliation of House amendments before potential enactment by Governor Greg Abbott, a known crypto proponent. This development signals growing institutional recognition of Bitcoin's role in treasury management strategies.

Bitcoin (BTC) Price Bullish Momentum Expected to Sustain Through Month-End

Bitcoin surged to a new all-time high of $111,861 on 'Bitcoin Pizza Day,' marking a historic milestone. Despite the upward trajectory, bearish activity remains subdued, reflecting heightened investor optimism. Technical indicators suggest the bull run is in its early stages, with price discovery likely to continue.

Trading volume spiked over 75% in 24 hours, doubling within days. Remarkably, key technical metrics show no signs of overheating, signaling potential for further upside. Market participants anticipate sustained upward momentum as institutional interest grows and macroeconomic conditions favor risk assets.

MicroStrategy's $2.1B Preferred Stock Sale Fuels Bitcoin Accumulation Strategy

MicroStrategy's stock (STRF) gained 2.5% this week amid its latest capital raise to expand its Bitcoin treasury. The company announced a $2.1 billion at-the-market offering of Series A perpetual preferred stock, following its recent $764.9 million BTC purchase. This aggressive accumulation strategy aligns with CEO Michael Saylor's vision of building an $84 billion Bitcoin reserve as a corporate treasury asset.

The stock reached $102.69 on May 21 before settling NEAR $100 after the offering announcement. Market activity suggests investor confidence in MicroStrategy's Bitcoin-focused strategy, despite typical volatility surrounding dilution events. The company continues to double down on its crypto convictions while traditional markets watch this unconventional corporate experiment unfold.

Bitcoin’s Rally Above $100K Gains Momentum on Macro Tailwinds

Bitcoin's resurgence beyond the $100,000 threshold reflects a fundamentally stronger rally compared to January's fleeting spike. Macroeconomic conditions now align favorably, with the U.S. dollar index (DXY) retreating from 109 to sub-100 levels this year. Simultaneously, 10-year Treasury yields have moderated to 4.52%, loosening financial constraints and reviving risk appetite.

Stablecoin liquidity underscores the bullish momentum. Dollar-pegged assets like USDT and USDC have collectively reached a record $151 billion market capitalization—a 9% surge since winter. This liquidity injection coincides with Bitcoin's growing appeal as an inflation hedge, particularly as 30-year Treasury yields hold above 5% without dampening demand.

Bitcoin Price Prediction: Can BTC Hit $150,000 After New ATH?

Bitcoin surged past $110,000 to set a new all-time high near $111,800, coinciding with Bitcoin Pizza Day. The rally reflects heightened institutional interest and regulatory optimism, particularly in the US, where policymakers are reconsidering restrictive frameworks like New York's BitLicense.

Market sentiment has shifted from questioning Bitcoin's ability to reclaim six figures to speculating how quickly it could reach $150,000. Regulatory developments are playing a key role, with NYC Mayor Eric Adams advocating for crypto-friendly reforms at a recent industry summit.