Bitcoin News Today: ATA Creativity Global Denies $100M Acquisition Rumors Confirms Bitcoin Staking MOU

ATA Creativity Global has officially denied widespread media speculation regarding a $100 million acquisition and a potential repositioning as a Bitcoin Finance (BTCFi)-focused entity. The company confirmed instead that it has entered into a memorandum of understanding (MOU) with Baby BTC Strategic Capital, a strategic capital entity under the Babylon Foundation, to expand its Bitcoin staking operations [1]. This confirmed collaboration represents a strategic move to explore opportunities within the evolving blockchain and digital asset sector, but no further financial details or timelines were disclosed.

The rumored $100 million agreement and alleged board restructuring lacked any verified evidence or official confirmation as of August 2, 2025. Company CEO and Chairman Xiao Feng Ma explicitly stated, “There is currently no confirmation or evidence of a strategic partnership with Baby BTC Strategic Capital or a shift towards BTCFi” [1]. The absence of credible documentation or regulatory filings has left the market largely unaffected, as the unverified claims have not triggered notable investor action or market volatility.

Bitcoin, the dominant cryptocurrency, closed at $112,261.09 on August 2, 2025, with a market cap of $2.23 trillion, according to CoinMarketCap. Over the past 24 hours, it recorded a 1.02% decline, and a 4.87% drop over the last seven days [1]. Analysts emphasize that while BTCFi—a term blending traditional finance with blockchain—has gained traction, the absence of regulatory clarity or market verification often limits the immediate impact of such speculative narratives.

The company’s swift clarification of its strategic engagements highlights the importance of transparency in an industry where rumors can rapidly influence perception and market sentiment. While unconfirmed reports of other partnerships were previously reported, ATA Creativity Global has taken a firm stance to redirect focus to its verified collaboration with Baby BTC Strategic Capital. This move is in line with broader industry trends, where institutional players and traditional firms are increasingly engaging with blockchain technology, albeit under heightened scrutiny for accurate and timely disclosures.

The evolving Bitcoin staking landscape has drawn institutional interest, and ATA’s partnership may reflect a strategic alignment with these market dynamics. However, without official confirmation of the rumored $100 million deal or structural changes, such developments remain speculative. The company’s emphasis on its MOU underscores its commitment to long-term growth within the digital asset sector, while also managing expectations around unverified claims.

Source: [1] [ATA Creativity Global Entered into a Memorandum of Understanding with Baby BTC Strategic Capital Limited](https://www.kxan.com/business/press-releases/accesswire/1055617/ata-creativity-global-entered-into-a-memorandum-of-understanding-with-baby-btc-strategic-capital-limited)