ChainCatcher news, according to Globenewswire, medical service provider SRx Health Solutions, Inc. (NYSE American: SRXH) announced that it has invested $1.5 million in Solana tokens (SOL) to advance its asset diversification strategy. The company has previously planned to allocate no more than 10% of its cash flow and cash reserves to invest in cryptocurrencies such as Bitcoin (BTC), Solana (SOL), and physical gold and silver. The company's chairman, Adesh Vora, stated that in addition to existing funds, they will continue to increase their allocation to crypto assets through asset sales, partnerships, and financing, and explore the introduction of a crypto rewards program in their pharmacy business.In addition, the company plans to establish a cryptocurrency lending subsidiary, intending to collateralize its Halo brand assets and future earnings to secure financing in cryptocurrencies such as Solana and Bitcoin. This move aims to avoid equity dilution in obtaining operating funds, which will be used for Halo brand marketing. Currently, the plan is still in the conceptual stage, and the company will further discuss implementation details with the crypto community.

ChainCatcher news, according to Bloomberg, Bitcoin mining company Hut 8 Corp. has released its financial report for the first quarter of 2025.Data shows that the company's quarterly revenue was $21.8 million, a nearly 58% year-over-year drop; net loss was $134.3 million, compared to a profit of $250.7 million in the same period last year. The company recently announced a partnership with former U.S. President Trump's son to launch a new business.

ChainCatcher news, Elon Musk's AI startup xAI is in talks for a new round of financing, with a valuation potentially rising to $120 billion, a significant increase from $80 billion in March. Investors are discussing a financing amount of about $20 billion.Previously, Musk sold the social platform X to xAI in an all-stock deal, deeply integrating the operations of both. xAI's chatbot Grok is trained on user data from the X platform and contributes a portion of revenue to X. This round of financing follows OpenAI's announcement of completing a financing round with a valuation of $300 billion.

ChainCatcher news, according to The Block, Bitcoin mining companies MARA and CleanSpark released their Q1 2025 financial reports. MARA's quarterly revenue increased by 30% year-on-year to $214 million, but it reported a net loss of $533 million; CleanSpark's revenue grew by 63% year-on-year to $182 million, with a net loss of $139 million.MARA is seeking to expand its Bitcoin holdings through a $2 billion stock issuance. As Bitcoin surpasses $100,000, the stock prices of both companies have risen.

ChainCatcher news, according to OnChain lens monitoring, a certain Ethereum ICO participant deposited 4,200 ETH into Kraken, worth 9.24 million dollars. The whale address currently still holds 4,100 ETH, worth 9 million dollars.

ChainCatcher news, Zhao Changpeng stated that investing in Bitcoin is very simple, as long as you don't panic sell.

ChainCatcher news, at the Sonic Summit held in Vienna from May 6 to 8, Sonic Labs announced the completion of a $10 million strategic financing round led by digital asset and data center infrastructure giant Galaxy. This collaboration will accelerate Sonic Labs' expansion in the U.S. market and provide critical support for its DeFi ecosystem development.Galaxy has a network of over 1,300 institutional trading counterparties, and this partnership aims to bridge traditional finance with Sonic's high-performance blockchain infrastructure through its resources. Sonic Labs CEO Michael Kong stated that Galaxy's involvement will bring important market insights and resources to the ecosystem.As a high-performance EVM-compatible chain, Sonic's solutions are attracting increasing attention from institutions seeking enterprise-level blockchain services. This collaboration also reflects institutional confidence in the ability of blockchain technology to transform financial infrastructure.About Galaxy: Galaxy (TSX: GLXY) is a global leader in digital assets and data center infrastructure, headquartered in New York, with business covering areas such as institutional trading, asset management, staking, and tokenization technology.

ChainCatcher news, according to GlobeNewswire, the U.S. medical company Wellgistics Health (NASDAQ: WGRX) announced that it will be the first to use XRP as a reserve currency and real-time payment infrastructure.The XRP payment plan is supported by Wellgistics Health's $50 million equity line of credit (ELOC), which can be used for further development and release of programmable liquidity and on-demand financial infrastructure, eliminating banking delays, reducing costs, and increasing transparency within its national healthcare network.

ChainCatcher news, according to market news, Harsh Bharwani, CEO of the Indian listed company Jetking, stated that it is raising billions of dollars to purchase 18,000 BTC.The CEO of Jetking said: "In the next six months, we plan to raise funds and scale up to about 180 Bitcoins. In the following year, we will reach a scale of about 1,800 Bitcoins. Ultimately, around 2030, utilizing the various tools and resources available to us, we will reach a scale of about 18,000 Bitcoins."

ChainCatcher news, according to official sources, Galaxy Digital has announced the integration of institutional-grade blockchain service provider Zodia Custody to enhance its staking services in Europe.This integration allows Zodia's clients to continue self-custodying their assets while earning staking rewards.

ChainCatcher News, Bank of Japan Governor Kazuo Ueda: Concern about the impact of rising prices on core inflation.

ChainCatcher news, Nasdaq-listed Bitcoin mining company Core Scientific reported a net profit of $580.7 million in the first quarter of 2025 (Q1), doubling year-on-year, mainly due to a non-cash gain of $621.5 million from warrant adjustments based on market value after last year's bankruptcy restructuring. Despite a sharp year-on-year decline in revenue to $79.5 million, the company is transforming and expanding its high-performance computing business and has signed a large energy services agreement with CoreWeave, which is expected to bring in $360 million in revenue next year.

ChainCatcher news, according to The Information, sources say that David Bailey, who served as a cryptocurrency policy advisor during Donald Trump's 2024 campaign, is raising $300 million to establish a publicly listed Bitcoin investment company.Previously, several companies have acquired cryptocurrencies in an attempt to replicate the success of Michael Saylor's Strategy, which has transformed into a Bitcoin investment company. Bailey is raising $200 million through private placements and convertible bonds.It is reported that David Bailey is the CEO of Bitcoin Magazine and has recently been appointed as a member of the strategic advisory board of Metaplanet.

ChainCatcher news, according to Business Insider, digital marketing and content delivery service provider Asset Entities (NASDAQ: ASST) announced that it has reached a definitive merger agreement with Strive Asset Management. The merged company will operate under the Strive brand, continue to be listed on NASDAQ, and become a publicly traded Bitcoin financial company.Strive CEO Matt Cole will present the transaction and company strategy today at 2:15 PM EST at the Strategy World conference. Strive Asset Management will drive the accumulation of Bitcoin in a value-added manner, with strategies including: planning to initially exchange Bitcoin for equity in the merged company, and providing tax-free protection for investors under Section 351 of the U.S. tax code; acquiring cash at a discount through mergers with capital-rich companies; and releasing additional leverage to accumulate Bitcoin while utilizing internal fixed income and derivatives expertise to hedge risks in innovative ways.

ChainCatcher news, according to Coindesk, the venture capital arm of global payment service provider Visa (V) has made a strategic investment in the startup BVNK, which is building a stablecoin-based payment infrastructure. This move reflects the trend of traditional financial companies entering the blockchain-driven currency flow. A spokesperson for BVNK confirmed in an email that the deal has been completed but declined to disclose the size of the investment.The software developed by BVNK allows businesses to send and receive stablecoins in global markets. The London-based company stated that its annual stablecoin transaction volume has reached $12 billion and has recently entered the U.S. market, with offices in New York and San Francisco. The company has applied for licenses in all U.S. states and has received approvals in several states.

ChainCatcher news, according to Crypto In America, Crypto.com is establishing a new office in the capital center of the United States to expand its business in the country.The official statement indicates that this expansion follows Crypto.com's establishment of its North American headquarters in Texas last October, reflecting a broader industry trend of global cryptocurrency companies returning to or doubling down on operations in the United States.

ChainCatcher news, according to official sources, the stablecoin USDT will be integrated into Japan's social communication giant Line's Mini Dapp platform and its self-custody wallet.

ChainCatcher news, according to the Financial Times, OpenAI plans to expand its $500 billion data center project "Interstellar Gateway" overseas from the United States, but has not yet disclosed details on project financing and implementation. OpenAI's Vice President of Global Affairs, Chris Lehaney, stated, "This investment will exceed our expectations in the United States."Previous news, OpenAI CEO Sam Altman launched the "Interstellar Gateway" project in January this year at the White House with U.S. President Trump, SoftBank CEO Masayoshi Son, and Oracle CEO Larry Ellison. Trump praised the plan to spend $500 billion on U.S. artificial intelligence infrastructure during his term as "a declaration of confidence in America."