According to Lookonchain, Bitwise Solana ETF BSOL just withdrew 192,865 SOL tokens from Coinbase, worth $26.39 million.

Odaily reports that Nasdaq-listed stablecoin infrastructure company OwlTing has announced a $10 million stock buyback program to repurchase its Class A common stock over a nine-month period. The company also disclosed its intention to leverage its stablecoin settlement architecture to enable seamless settlement of digital currencies through globally recognized credit or debit card channels. (Globenewswire)

According to an analysis report by Jefferies, stablecoin issuer Tether currently holds 116 tons of physical gold, making it the "largest gold holder outside of central banks," with reserves comparable to those of the central banks of countries like South Korea, Hungary, and Greece. Last quarter, Tether's gold purchases accounted for nearly 2% of global gold demand and nearly 12% of central bank purchases, and its aggressive acquisitions may have already impacted short-term market supply and investor sentiment. Jefferies cited investors who believe Tether plans to acquire another 100 tons of gold by 2025. With projected profits of $15 billion this year, this goal seems achievable. Furthermore, Tether has invested over $300 million in precious metal producers and issued the gold-backed token Tether Gold (XAUt), whose market capitalization has reached $2.1 billion, with its issuance doubling in the past six months. (Cointelegraph)

Odaily Planet Daily reports that Thai regulators have ordered World to delete 1.2 million iris scans. According to Chaichanok Chidchob, Thailand's Minister of Digital Economy and Society, World has been ordered to suspend all operations in Thailand, and an investigation has been launched into whether the company violated Thai data protection laws. (DLNews)

Odaily Planet Daily reports that Strategy board member Jane Dietze purchased 1,100 shares of perpetual preferred stock, Stretch (STRC), at $95.28 per share, for a total of $104,808. (BTCtreasuries)