Browsing Tag
Digital Asset Treasuries
48 posts
Another public company abandons Bitcoin playbook after treasury volatility drove $22 million loss
KULR Technology Group has exited Bitcoin mining, repaid its Coinbase debt, and begun selling its BTC holdings as…
Strategy tells MSCI ‘Bitcoin doesn’t need you’ as $2.8 billion index risk hangs over MSTR
Strategy faces a renewed threat of removal from major MSCI equity indexes under a broader screening proposal that…
FG Nexus dumped all its Ethereum at a $45 million loss to buy mobile home parks—after earning just $144,000 in staking rewards
FG Nexus has abandoned its Ethereum treasury strategy less than a year after launch, redirecting its focus toward…
Metaplanet burned through 83% of a $500 million credit line to build 43,000 BTC, and now it wants investors to fund the next leg
Metaplanet moved over 5,000 Bitcoin (worth about $322 million) this week, triggering market speculation that the firm might…
Cypherpunk secures a $46M Zcash gain and turns a $4.7M operating loss into $39.4M profit
Zcash treasury firm and Leap Therapeutics owner, Cypherpunk Technologies, reported $39.4 million in second-quarter net income, reversing a…
Strategy’s $4.6 billion cash buffer gives it almost 3 years before Bitcoin sales create real stress
Strategy said it held 840,447 BTC as of Aug. 9 and has begun treating its Bitcoin reserve as…
SharpLink posts $1B loss as its $1.7B Ethereum treasury could take 90 days to fully convert to cash
Ethereum treasury company SharpLink reported a $1.08 billion net loss for the six months ended June 30. Its…
Bitcoin’s first institutional bear market is starting to take shape and draining liquidity
In an institutional bear market, a Bitcoin ETF redemption is almost aggressively boring. An investor sells shares, an…
Inside the uncollateralized deal that locked up 6 million SUI until 2028 while SUI Group trades at a 25% NAV discount
SUI Group Holdings has lent 6 million SUI tokens to Bluefin Markets under an uncollateralized agreement that lets…
GameStop plans $1.4 billion stock swap as Bitcoin collateral risk emerges
GameStop has agreed to swap $1.4 billion of zero-coupon convertible notes for stock, a deal that would retire…