Odaily Planet Daily News: Nasdaq-listed company Bakkt (NASDAQ: BKKT) announced that it will sell its loyalty points business for $11 million, fully transforming into a "pure crypto infrastructure company". The buyer is Project Labrador Holdco, a subsidiary of Roman DBDR Technology Advisors. The transaction is expected to be completed in the third quarter of 2025. At the same time, Bakkt announced that it would conduct a public offering by issuing Class A common stock and/or prepaid warrants to purchase Bitcoin, supplement working capital and meet general corporate purposes. The company said that this move marks a key stage in its transformation to a pure encryption route. According to preliminary data, Bakkt's second-quarter encryption revenue is expected to be US$568 million to US$569 million. (CoinDesk)

Odaily News London-based artificial intelligence company Satsuma Technology has raised £100 million (about $135 million) to build a Bitcoin treasury, setting a record for fundraising for a Bitcoin treasury in the UK. The company said it had successfully completed fundraising in excess of its target amount and expected all pledged funds to be in place within the next two weeks. If all funds are converted into Bitcoin, the acquisition would make Satsuma the second largest corporate Bitcoin holder in the UK, second only to The Smarter Web Company, which holds 1,600 BTC (worth approximately $190 million). (Cointelegraph)

Odaily News According to official news, KULR Technology, a US-listed company, announced that BlackRock has acquired a 5.6% stake in KULR. In addition, as of July 10, KULR Technology's total bitcoin holdings reached 1,021.

Odaily星球日报讯 7 月 17 日，Mable Jiang 宣布创立社交协议 Trends——以价值为锚、致力于推进信息金融边界的社交协议。Trends 将先作为 X（原 Twitter）的链上策展层，随后扩展至任何开放内容如 TikTok，并最终成长为由链上资本（internet capital）协同运作的社交协议。每条内容都有自己的曲线、波动与爆点；持续产出或发现高共识内容的账户，将积累难以造假的链上声誉。 Trends 已得到了众多杰出创始人和天使投资人的早期支持，包括：Anatoly Yakovenko，Lily Liu（Solana Foundation），Meow & Siong（Jupiter），Yu Hu（Kaito），Bryan Pellegrino（LayerZero），TN Lee（Pendle），Cindy Leow & David Lu（Drift），Alice & James Zhang（Jambo Technology），Zhuoxun Yin & Tiffany（Magic Eden），Tushar Jain（Multicoin），Jerry Huang、Yawn Rong & Shiti Maghani（FSL），Su Zhu，Nicolas（Bonk.fun），GM（Dragonfly），以及 Jason Kam（Folius Ventures）。 Mable 同时宣告其在 FSL 的全职工作已告一段落，将以顾问身份继续支持公司。

Odaily News According to market news: Blockchain lending company Figure Technology plans to IPO.

Odaily News According to NLNico monitoring, Tao Alpha, a British listed company, announced its first position of 28.56 bitcoins. The company previously said it would change its name to Satsuma Technology and planned to raise 100 million pounds to support its bitcoin financial strategy.

Odaily星球日报讯 据官方消息，恺英网络旗下全资子公司 Spruce Technology HK Limited 获得香港证券及期货事务监察委员会（SFC）颁发的第 4 号（证券提供意见）及第 9 号（资产管理）牌照，标志其全球化战略的重要突破。未来，恺英网络将依托自身强大的国际合规能力，加快全球市场拓展步伐。 同时，由 SmileCobra Studio 开发、恺英网络提供技术支持的 AI 全流程游戏开发平台 Kingnet AI，将助力游戏内容创作、玩法生成及经济系统设计的创新发展。 SmileCobra Studio 也将在虚拟资产管理、AI 协作工具及 Web3 游戏创新领域积极布局。此次获牌彰显恺英网络的合规实力，为构建可信赖的全球游戏生态体系奠定坚实基础，推动全球商业化进程。

Odaily News According to an announcement by KULR Technology CEO Michael Mo on the X platform, the company has spent $10 million to increase its holdings of 90 BTC, with an average purchase price of $108,884, and a 291% return on Bitcoin so far this year. As of now, KULR Technology's total Bitcoin holdings have reached 1,021.

Odaily News KULR Technology announced that it has reached an initial credit financing agreement of US$20 million with Coinbase Credit, which will be used to support its continued accumulation of Bitcoin.

Odaily News Tao Alpha PLC, a British listed company, announced that it has changed its name to Satsuma Technology PLC and activated the new stock code "SATS.L". After the name change, the company will continue to focus on the development of the Bittensor decentralized network, explore decentralized proxy applications, and manage the Bitcoin-dominated reserve strategy. Related operations and shareholder rights will not be affected. Earlier news, British listed company TAO Alpha plans to raise 100 million pounds to support its Bitcoin financial policy.