What Are Meme Coins and Are They Worth the Risk? | by Farhad Ali | The Capital | Sep, 2025
They have no utility, their founders are anonymous, and they were created as a joke. So why are some people
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Worth
BlackRock purchases $60M worth of Bitcoin
Key Takeaways BlackRock bought approximately $60 million worth of Bitcoin in a single day. This accumulation continues despite recent market
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Whales move 15,054 Bitcoin worth $1.9B into exchanges today
Key Takeaways Whales transferred 15,054 BTC (worth approximately $1.9 billion) to crypto exchanges in a single day. This move contrasts
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MARA now holds 52,850 Bitcoin worth over $6 billion
Key Takeaways MARA Holdings now holds 52,850 Bitcoin, strengthening its position as the second-largest publicly traded Bitcoin holder after Strategy.
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Fitell Corp adds 216.8M PUMP worth $1.5M to its treasury
Key Takeaways Fitell Corp has added 216.8 million PUMP tokens (~$1.5 million) to its corporate treasury. This move is part
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Bitcoin and Ethereum shorts liquidated worth $226M in 24 hours
Key Takeaways Approximately $226 million in Bitcoin and Ethereum shorts were liquidated within a 24-hour period due to price surges.
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Cango mines 141 Bitcoin worth $15.4 million
Key Takeaways Cango mined 141 BTC this week, bringing total holdings to 5,708.3 BTC as of Sept. 26, 2025. The
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Fidelity Ethereum ETF purchases 34,740 Ethereum worth $159.4M
Key Takeaways Fidelity Investments purchased 34,740 ETH (~$159.4M) for its spot Ethereum ETF. Institutional demand for Ethereum exposure via regulated
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BlackRock’s IBIT buys 1,810 Bitcoin worth $209.2M on Sept. 16
Key Takeaways BlackRock’s Bitcoin ETF, IBIT, purchased 1,810 Bitcoin on September 16. The value of this purchase amounts to $209.2
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BITMining adds 17,221 Solana (SOL) to treasury, now holds over 44,000 SOL worth $10M
Key Takeaways BITMining now holds over 44,000 SOL, valued at nearly $10 million, after a recent addition to its treasury.
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