Bitcoin Treasury Reserve Asset

Bitcoin Treasury Reserve Asset

Finance

Trump family-linked American Bitcoin posts $59 million Q4 loss as bitcoin price slides

The bitcoin mining company now holds over 6,000 BTC, with roughly one-third acquired through mining and two-thirds through open-market purchases and strategic transactions.

Stock market price charts (Anne Nygård/Unsplash)

Markets

Adam Back's BSTR moving forward with public listing plans, hopes for April approval

Back remains optimistic despite the brutal price action in bitcoin and BTC treasury companies.

Adam Back, CEO Blockstream (CoinDesk/Personae Digital)

Markets

Anthony Pompliano led Procap Financial dips toe into buybacks

The company, which has raised more than $750 million from investors, repurchased about $350,000 worth of its stock.

Anthony Pompliano. (CoinDesk)

Finance

Justin Sun swoops to buy $100 million of bitcoin as rest of the market bleeds

Justin Sun plans to add between $50 million and $100 million worth of bitcoin (BTC) to the blockchain's holdings, the Tron founder told CoinDesk.

Justin Sun speaks at Consensus Hong Kong (CoinDesk)

Finance

Popular burger joint Steak ’n Shake buys $10 million bitcoin

The company says that accepting bitcoin payments has led to a "self-reinforcing cycle" where crypto revenue helps fund upgrades and improvements.

A burger and some fries (sk/Unsplash/Modified by CoinDesk)

Finance

Strive tumbles 12% as reverse stock split stumps investors despite Semler acquisition

Upon completion, the combined firm would hold nearly 13,000 BTC, surpassing the holdings of Tesla and Trump Media & Technology Group.

Bitcoin (modified by CoinDesk)

Markets

Bitcoin treasury firms linked to Adam Back sign preliminary agreement to combine

The proposed deal would take Sweden-based H100 into Switzerland and deepen its institutional bitcoin treasury strategy.

Adam Back, CEO Blockstream (CoinDesk/Personae Digital)

Markets

KindlyMD Turns to Kraken as Fourth Provider for Bitcoin-Backed $210M Loan at 8%

An SEC filing shows the Kraken facility will be used to retire an outstanding Antalpha loan and requires significant bitcoin collateral.

NAKA (TradingView)

Finance

Bitcoin-Focused Firm Twenty One Sees Public NYSE Listing on Dec. 9

The firm offers public equity exposure to bitcoin, focusing on "capital-efficient bitcoin accumulation" and Bitcoin ecosystem services.

CoinDesk

Markets

Strategy Faces Possible MSCI Index Removal, Threatening Billions in Outflows: Reuters

A removal could lead to outflows of up to $8.8 billion if other index providers follow suit because the stock is part of many passive investment products.

MicroStrategy