Cryptocurrency Price Movement: LITE Surges Over 13% in 24 Hours

DekaBank, Germany's fourth-largest asset manager, disclosed for the first time that it purchased 104,921 shares of Strategy stock, worth approximately $15.2 million. (Source: Bitcoin Treasuries)

U.S. Senator Bill Hagerty confirmed that the U.S. holds 200,000 Bitcoins and stated that the U.S. will not sell Bitcoins and hopes to increase its reserves. (The Bitcoin Historian)

The U.S. Attorney General's office has filed 14 criminal charges against prediction market platform Kalshi and its co-founders Tarek Mansour and Luana Lopes Lara, including one second-degree felony, 12 third-degree felonies, and one Class A misdemeanor. The charges allege that an undercover agent placed bets on 12 sporting events in Utah through Kalshi. Kalshi claims Utah overstepped its authority and will appear in court. The U.S. CFTC has sued Utah, arguing that federal law has exclusive jurisdiction over event contracts (Source: Deseret News, KSL).

UAE-based SAC has established its headquarters in Abu Dhabi and announced a $1.5 billion Bitcoin and real estate investment strategy. SAC plans to acquire UAE real estate to generate revenue and establish a Bitcoin reserve exclusively managed by Coinbase Asset Management to generate additional returns from its holdings. (Source: Bitcoin News)

South Korean AI chip startup FuriosaAI has raised $620 million in Series D funding, valuing the company at $2.9 billion. Investors include Infinitum Partners, the Korea National Growth Fund, Jericho Capital, Worldline Capital, QUDA Capital, and NeoFort Holding. Existing shareholders Naver, Korea Development Bank, DSC Investment, Nextrans, and Kakao Investment also participated. This marks the first time the Export-Import Bank of Korea has directly invested in a startup. (Source: Bloomberg)