H100 Group Secures SEK 150 Million Convertible Loan Guarantee for Increasing Bitcoin Holdings

On June 16th, former U.S. President Trump said, "I am in favor of tariffs. And a trade agreement with Canada can be reached within a few days or weeks."

BlockBeats reported on June 16, according to Globenewswire. Singapore-based agricultural commodity trader Davis Commodities Limited (Nasdaq: DTCK) announced that it will allocate 40% (USD 12 million) of its USD 30 million financing to Bitcoin reserves in stages, with an initial investment of USD 4.5 million. In addition, the company plans to use 50% of the financing (USD 15 million) for the tokenization of physical agricultural assets (RWA), including bulk commodities such as sugar and rice. The company expects this initiative to generate an annual revenue of USD 50 million within two years. The remaining 10% of the funds will be allocated to building digital infrastructure and enhancing security systems.

On June 16, based on HTX market data, HYPE briefly reached above $45, establishing a new all-time high. It saw a 24-hour increase of 9.7%, and its market capitalization rose to $15,047,243,441.

On June 16th, the European Commission declared that the EU has been opposed to unreasonable and illegal tariffs imposed by the United States from the very outset. Reports suggesting that the EU has accepted the 10% US tariff are speculative in nature and do not accurately reflect the current status of the discussions. (Golden Ten)

On June 16th, the U.S. Securities and Exchange Commission (SEC) has verified the receipt of the filing for a Truth Social Spot Bitcoin ETF.

According to BlockBeats, on June 16th, OKX is going to list SPK (Spark) for spot trading.