Callisto Research published a new short report on on BTC mining company Bitdeer Technologies (BTDR). Callisto alleges “red flags in Bitdeer’s disclosures, governance, and related-party transactions.” Shortly after publication, Callisto’s website and most of its content on X were disabled after what Callisto alleged was a cyberattack.
After a suspected cyber attack took down our original website, we have relaunched. Both our report on $BTDR & reply to Jihan Wu are accessible via the link below. We remain short due to red flags including $BTDR's related party transactions & China links
— Callisto Research (@callistores)
9:36 AM • Apr 21, 2025
Crypto trading firm GSR led a $100 million private placement into Upexi (UPXI), a consumer-goods company pivoting to a SOL treasury strategy. The Tampa, Florida-based company had a market cap of $3 million on Friday but soared more than 700% this morning on the news.
According to a new regulatory filing, Michael Saylor's Strategy (MSTR) purchased an additional 6,556 bitcoin for $555.8 million between April 14 and April 20. The company paid an average price of $84,785 per bitcoin.
The markets opened today and chose violence on the heels of the dollar hitting fresh multiyear lows against the euro and other major currencies. Bitcoin prices, on the other hand, are rock steady – showcasing growing divergence between traditional equities and digital assets.
Remember March 2023 when there was a mini banking panic due to the value of US treasuries falling and attendant worries about the dollar?
BTC went +50% in 2 weeks while stocks were volatile & uncertain...
Bitcoin trades like a risk asset...until all of a sudden it doesn't.
— Dan (@robustus)
2:18 PM • Apr 21, 2025
Charles Schwab CEO Rick Wurster on says the company is preparing to launch spot crypto trading “in the next 12 months.” On the company’s latest earnings call Wurster stated that Schwab’s crypto site recently saw a 400% increase in traffic, with 70% of visitors being new prospects.