Bitcoin company Nakamoto saw a 500% quarter-on-quarter increase in Q1 revenue after completing two key strategic acquisitions in February aimed at expanding its footprint across the Bitcoin ecosystem. Despite recording a $238.8 million net loss, Nakamoto CEO David Bailey said Wednesday that Q1 “marked a transformational period” for the company as it closed the acquisitions of Bitcoin-focused news outlet BTC Inc. and Bitcoin-focused investment platform UTXO Management.More than $1.1 million of Nakamoto’s revenue came from its new Bitcoin treasury and derivatives strategy, $800,000 from its media business, $500,000 from healthcare operations and $200,000 from asset management services. Source: NakamotoNakamoto attributed the bulk…

In brief Senators filed dozens of last-minute amendments to the Clarity Act ahead of Thursday’s key vote. Proposed changes target stablecoin rewards, Trump family crypto ventures, DeFi regulation, and anti-money laundering rules. Other amendments veer beyond crypto entirely, including proposals on housing policy, credit card fees, and releasing records tied to Jeffrey Epstein. With less than 24 hours to go until the Senate Banking Committee’s landmark vote on the Clarity Act, participating senators have introduced dozens of amendments to the major crypto bill.At tomorrow’s hearing, lawmakers will vote on adding each amendment to the sprawling legislation—which would formally legalize most…

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