PANews reported on October 9th that, according to CoinDesk, Two Prime Lending, the lending subsidiary of Two Prime, announced Thursday that it had issued a record $827 million in Bitcoin-backed loans in the third quarter of 2025, bringing its total loan commitments to $2.55 billion since its launch in March 2024. CEO and co-founder Alexander S. Blume stated that this reflects growing institutional acceptance of Bitcoin and demand for sophisticated lending and derivatives solutions. Two Prime's clients reportedly include CleanSpark, Hut 8, Kindly MD (Nakamoto), and Fold.


Lawmakers in the US House of Representatives and Senate met with cryptocurrency industry leaders in three separate roundtable events this week. Members of the US Congress met with key figures in the cryptocurrency industry to discuss issues and potential laws related to the establishment of a strategic Bitcoin reserve and a market structure.On Tuesday, a group of lawmakers that included Alaska Representative Nick Begich and Ohio Senator Bernie Moreno met with Strategy co-founder Michael Saylor and others in a roundtable event regarding the BITCOIN Act, a bill to establish a strategic Bitcoin (BTC) reserve. The discussion was hosted by the advocacy organization Digital Chamber and its affiliates, the Digital Power Network and Bitcoin Treasury Council.“Legislators and the executives at yesterday’s roundtable agree, there is a need [for] a Strategic Bitcoin Reserve law to ensure its longevity for America’s financial future,” Hailey Miller, director of government affairs and public policy at Digital Power Network, told Cointelegraph. “Most attendees are looking for next steps, which may mean including the SBR within the broader policy frameworks already advancing.“Read more
