bitcoin price today: near $117k on Trump

As of Friday, August 8, 2025, Bitcoin is trading around $116,000 to $117,000. Some sources show it slightly below or above that range, but it is indeed nearing $117k.

The mention of “Trump” in your query might be referencing potential market sentiment or news related to the current US President’s stance on cryptocurrencies, which can sometimes influence their prices. However, the provided search results focus primarily on the current price and market data, without explicitly detailing any recent statements or actions from President Trump that would directly account for the current price.

Fundamental Global Inc., which is being renamed FG Nexus Inc., has filed a $5 billion shelf registration statement with the U.S. Securities and Exchange Commission (SEC). This filing is a strategic move to support its goal of becoming the world’s largest corporate holder of Ethereum (ETH).

Here’s a breakdown of what this means:

What is a shelf registration? A “shelf registration” or “shelf filing” is a regulatory tool that allows a company to pre-register securities with the SEC for a future public offering. This gives the company the flexibility to sell those securities—which can include common stock, preferred stock, or debt—over a

period of up to three years, without having to file new paperwork for each offering. The securities are essentially “put on the shelf” and can be “taken down” and sold when the company needs to raise capital or when market conditions are favorable.

Fundamental Global’s plan: The company plans to use this capital framework to accelerate its Ethereum accumulation strategy. The filing includes an “at-the-market offering” (ATM) for up to $4 billion in common stock. This will allow the company to sell shares gradually over time.

Why is this significant? The $5 billion shelf filing is one of the largest capital frameworks in the digital asset treasury sector. It signals a strong institutional commitment to Ethereum and positions the company to potentially become a major player in the crypto space. The company’s strategy is similar to MicroStrategy’s well-known Bitcoin (BTC) accumulation strategy, but focused on ETH.

It’s important to note that the registration statement has been filed but is not yet effective. This means the company cannot sell any of the securities until the SEC declares it effective.