Bitcoin touches record high on optimism around U.S. regulations

Bitcoin miners, a flurry of obscure small-cap companies and public firms newly formed by crypto heavyweights are offering anything from convertible bonds to preferred stocks, giving different flavours of Bitcoin exposure to investors. An affiliate of Cantor Fitzgerald LP is working with stablecoin issuer Tether Holdings SA and SoftBank Group to launch Twenty One Capital Inc., a company that emulates Strategy’s business model. A subsidiary of Strive Enterprises Inc. co-founded by Vivek Ramaswamy is merging with Nasdaq-listed Asset Entities Inc. to form a Bitcoin treasury company.