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Bitcoin Policy Institute intervenes in $293B dormant wallet lawsuit to protect long-term holdings.

Market News
11 Jul 2026
Bitcoin
View Source
Neutral
Bitcoin Policy Institute intervenes in $293B dormant wallet lawsuit to protect long-term holdings.

The Bitcoin Policy Institute (BPI) has filed to intervene as a defendant in a New York lawsuit seeking ownership of nearly 40,000 dormant bitcoin addresses valued at $293 billion. Plaintiffs claim the bitcoins were abandoned after being untouched for over five years, but BPI argues this threatens self-custody practices and denies the allegations. The case also involves disputes over amicus curiae status and motions to dismiss, with a key hearing scheduled for July 14 to decide who may participate in the case. This intervention signals growing institutional pushback against claims that could impact bitcoin holders worldwide.

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Teladoc Health trades near lows despite strong cash flow; potential upside if key segments stabilize.

Teladoc Health trades near lows despite strong cash flow; potential upside if key segments stabilize.

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NFT sales rise 6.8% to $46.78M with Ethereum leading and Bitcoin BRC-20 NFTs driving big transactions

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PTC Inc. stock drops 37% despite 9% ARR growth and raised guidance, now rated a Buy at 15.7x FY26 earnings.

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Match Group remains a Buy with strong cash flow and growth potential despite revenue pressures.

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