[Midnight News Brief] West Virginia proposes bill to invest up to 10% of public funds in Bitcoin External

1. West Virginia proposes bill allowing up to 10% of public funds to be invested in Bitcoin

According to foreign media reports on the 16th (local time), the West Virginia legislature in the United States has introduced a bill that allows up to 10% of the state's fiscal funds to be invested in Bitcoin. The bill is seen as an effort by the state government to expand its investment portfolio to include digital assets. If passed, West Virginia will become the leading case in the U.S. of directly investing public funds in cryptocurrencies.

2. Coinbase plans to fully expand stock tokenization trading

U.S. cryptocurrency exchange Coinbase plans to fully expand stock tokenization trading. According to Fortune magazine on the 16th (local time), Coinbase CEO Brian Armstrong stated, “Stock tokenization will become a mainstream trend in the market.” The company plans to roll out this service to all customers in the coming weeks, with the long-term goal of becoming the first company to pay dividends in Bitcoin.

3. Riot Platforms, a cryptocurrency mining company, partners with AMD for data center

Cryptocurrency mining company Riot Platforms has signed a data center lease agreement with semiconductor company AMD for a site in Lockhart, Texas, USA. It is reported that both parties will strengthen cooperation to jointly build high-performance computing and artificial intelligence infrastructure.

4. Bitcoin financial services company Two Prime signs $250 million BTC asset management deal

Bitcoin financial services company Two Prime will manage approximately $250 million worth of Bitcoin assets for digital asset investment firm Digital Wealth Partners (DWP). The plan is to utilize an independent managed account-based low-volatility Bitcoin yield strategy to protect assets and increase returns.

5. Iran’s cryptocurrency market size exceeds $8 billion annually, accounting for over 2% of GDP

According to statistics, Iran’s cryptocurrency ecosystem is projected to reach $8 billion by 2025, accounting for over 2% of the country’s annual GDP. The government is gradually promoting crypto-friendly policies such as reducing electricity costs and approving the introduction of mining equipment.

6. Strive acquires medical device company holding 12,700 Bitcoins, ranks 11th among listed companies

Cryptocurrency professional financial services firm Strive officially completed its acquisition of medical device manufacturer Semler Scientific on the 16th. As a result, it now holds a total of 12,797.9 Bitcoins, ranking 11th among global listed companies in holdings.

7. Pantera Capital completes 31 venture investments in 2025, with a total market value of $33 billion

Cryptocurrency investment firm Pantera Capital announced that it completed 31 rounds of venture investments throughout 2025. Of these, 85% were led by Pantera, and four companies in its portfolio successfully conducted IPOs.

8. Belarus formalizes cryptocurrency banking, signs digital token regulation law

Belarusian President Alexander Lukashenko signed Law No. 19 on establishing cryptocurrency banks and regulating digital tokens. Licensed joint-stock cryptocurrency banks can provide various financial services, provided they register with the central bank and comply with regulatory requirements.

9. Nasdaq-listed company Canaan receives delisting warning due to prolonged stock price decline

Bitcoin mining company Canaan received a delisting warning from Nasdaq. The reason is that its stock price has closed below $1 for 30 consecutive trading days, and it must regain compliance by July 13, 2026.