Latest from Krisztian Sandor
Strategy Tumbles to 4-Month Low as Crypto Stocks, Digital Asset Treasuries Sink
Galaxy, SharpLink, BitMine were among the names that plunged nearly 10% as risk appetite faded and bitcoin sunk to $113,000.

Scaramucci's Skybridge Capital to Tokenize $300M in Hedge Funds on Avalanche
The investment management firm is bringing two of its hedge funds on-chain in partnership with Apex Group's Tokeny.

Bullish's $1.15B in IPO Proceeds Was Entirely in Stablecoins—A First for Public Market
Stablecoins used in the settlement include dollar- and euro-pegged tokens of Circle, Paxos, PayPal, Ripple and Societe Generale, among others.

Bitcoin Drops Below $114K, Ether Loses $4.2K as Jackson Hole Speech Might Bring Hawkish Surprise
The bubble in crypto treasury strategy companies deflated even further on Tuesday.

TeraWulf Rally Cools on $850M Convertible Note Sale After Google Deal
Most of the net proceeds are earmarked for the firm's data center expansion, with $85 million set aside for capped call transactions to mitigate share dilution.

SharpLink Ether Holdings Top $3.1B, Trailing BitMine in Pace of ETH Acquisition
The firm said it bought 143,593 ether last week, bringing total holdings to 740,760 tokens.

Wyoming State Debuts U.S. Dollar Stablecoin on Seven Blockchains
The Frontier Stable Token has been deployed on Arbitrum (ARB), Avalanche (AVAX), Base, Ethereum (ETH), Optimism (OP), Polygon (POL), and Solana (SOL) networks.

Tether Taps Bo Hines, Former White House Crypto Council Head, as Advisor for U.S Strategy
Hines will guide Tether’s U.S. market push, focusing on policy engagement and digital asset growth, the firm said.

KindlyMD Closes $200M Convertible Note Funding for More Bitcoin
Shares are lower by 11% on Monday with an analyst noting NAKA's convertible note terms were somewhat more stringent than those afforded to Michael Saylor's Strategy.

Stellar Development Foundation Invests in Archax, Aiming to Boost Tokenization
The UK-regulated digital asset platform has integrated Stellar into its tokenization tool and launched the Aberdeen tokenized money market fund on the network.

