The selloff pushed Bitcoin's price down over 35% from its October peak and coincided with broad weakness across risk assets, including a slump in major stock indices.
This capital raise, which totaled nearly $160 million, represents a powerful institutional affirmation of the corporate treasury strategy surrounding Bitcoin.
WazirX, one of India's largest crypto exchanges, announced its plan to restart operations on October 24, following a crippling security breach in July 2024 that resulted in over $230 million in losses.
A new market report revealed that BlackRock, the world's largest asset manager, aggressively expanded its crypto portfolio in the third quarter of 2025, adding a staggering $22.46 billion in digital assets, Coinidol.com reports.
The cryptocurrency market saw a continuation of its powerful bull run on October 7, 2025, with Bitcoin establishing a new all-time high and garnering extremely bullish long-term forecasts from institutional players. Coinidol.com on BTC price.