June 20, 2025: Nakamoto Holdings secures $51.5 million for a publicly traded Bitcoin treasury, highlighting the growing interest in Bitcoin treasuries. Circle and Coinbase witness a Genius Bump, but the stability of these treasuries is questioned. Bitcoin's open interest reaches $96 billion, emphasizing the role of leverage in rallies, though with inherent risks. Norway considers banning new crypto mining operations, specifically targeting Bitcoin and Dogecoin. Market developments underscore the evolving landscape and regulatory challenges facing the cryptocurrency sector. Powered by LabCat AI research tools.