Milei's memecoin, Metaplanet's 1% and Bitcoin Core's open letter

Stories you missed from this weekend!

Author

Charlie Spears
June 09, 2025

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Fractal Bitcoin

Bitcoin price didn’t move much this weekend, but that didn’t stop a lot of shuffling in news rooms. We have headlines from around the industry below, plus our capital flow update, podcasts to catch up on and a chart of the week!

Market Opens

BTC $107K 2%

GOLD $3,342 0%

MSTR $383 2%

COIN $253 0%

MARA $15.62 1%

CLSK $9.80 0%

RIOT $9.59 2.5%

CORZ $12.16 0%

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Capital Flows

CoinShares reports $224 million of inflows last week—extending a seven-week streak—but a moderation in pace as investors await Fed cues; Ethereum saw $296.4 million in inflows, while Bitcoin products saw outflows of $56.5 million — link

Bitcoin Core developers publish community letter on ‘transaction inclusion’ controversy

Over twenty Bitcoin Core developers signed the letter stating continued support of Core’s transaction inclusion methodology, which allows for usage of ‘non-monetary’ purposes such as Ordinals - link

Bitcoin developers call for 'CTV & CSFS’ opcodes

A newly published letter from another set of developers calls for the inclusion of the CTV & CSFS opcodes into Bitcoin - link

Argentina anti-corruption office clears Javier Milei in Libra crypto promotion scandal

A formal ethics probe concluded President Milei’s personal post about the Libra memecoin did not constitute an official endorsement, closing the administrative case — link

Bitcoin Buyer Metaplanet jumps on $5.4 billion fundraising plan

Metaplanet Inc. launched what it calls the largest stock acquisition rights program in Japanese history to raise $5.4 billion, aiming to boost its Bitcoin holdings from 8,888 to 210,000 by end-2027 — link

Bitcoin network transaction activity reaches lowest level since Oct. 2023

The seven-day moving average of BTC transactions dipped to about 317,000—its lowest in 19 months — link

The Blockchain Group starts €300 million ATM share sale to expand Bitcoin holdings

Europe’s first Bitcoin treasury company launched an at-the-market issuance backed by TOBAM, enabling up to €300 million of new shares to finance additional BTC purchases — link

Luxor x Hive Digital: Scaling Without Borders

Explore how Hive Digital sourced $22M+ in hardware across four continents through Luxor’s Hardware Trading Desk — ensuring global uptime with competitive pricing, logistics support, and trusted delivery.

Click to learn more!

Blockspace Podcasts

Charlie and Colin dive deep into the dark side of crypto wealth - the rising amount of physical attacks, kidnappings, and torture targeting Bitcoin holders. From the Ledger co-founder's mutilation in France to wild NYC penthouse hostage situations involving crack cocaine and air fryers, they explore real cases and share Jameson Lopp's security wisdom.

We’re considering altering the sending schedule next month. Would you prefer to get multiple emails per week from Blockspace, or just one topic specific email (mining, tech, etc)? Reply and let us know!

-WF