Bitcoin Treasury Reserve Asset

Bitcoin Treasury Reserve Asset

Markets

Corporate Bitcoin Buying Slowed in August as Treasuries Add $5B

Public companies crossed 1 million BTC in holdings, but overall accumulation lagged compared to July, a pause that coincided with Bitcoin's bull market stalling.

Bitcoin Logo (modified by CoinDesk)

Markets

Strategy's S&P 500 Snub Is a Cautionary Signal for Corporate Bitcoin Treasuries: JPMorgan

The company's bid to join the S&P 500 index was rejected, despite meeting eligibility criteria, the report said.

Strategy CEO Michael Saylor

Finance

Metaplanet Brings Bitcoin Holdings to More Than 20K With Latest Purchase

The firm Monday announced a modest acquisition of 136 BTC.

Desk with charts on screens (Jakub Żerdzicki/Unsplash)

Finance

Sora Ventures to Buy $1B in Bitcoin With New Treasury Fund

The fund aims to strengthen Asia's network of bitcoin treasury firms and has secured $200 million from investors in the region.

Here’s why bitcoin’s is failing its role as a 'safe haven'

Markets

Strategy’s Equity Shift Is No Retreat From Bitcoin Strategy, Benchmark Says

Analyst Mark Palmer reiterated his buy rating and $705 price target on the Michael Saylor-led company, which is more than a double from current levels.

Strategy Executive Chairman Michael Saylor (CoinDesk)

Markets

Major Bitcoin Breakout Could be Brewing as Retail and Institutions Stack ‘Relentlessly’

Bitcoin accumulation by retail and institutions is hitting highs, with one analyst saying it could set the stage for a major breakout as price steadies near $109,000

24-hour bitcoin price chart near $109,000

Markets

Businesses Are Absorbing Bitcoin at 4x the Rate It Is Mined, According to River’s Research

River’s new flow map suggests companies absorb around 1,755 BTC per day versus approximately 450 mined, with funds and ETFs adding more demand.

Bitcoin

Markets

AMBTS Raises $23.2M to Build Bitcoin Treasury, Targets 1% of BTC in Circulation

The Amdax-backed initiative sets sights on Euronext listing; The founder of bitcoin miner Hut 8 is among the investors.

Windmills in Amsterdam. Credit: Shutterstock

Markets

Corporate Bitcoin Treasuries Could Raise Credit Risks, Morningstar DBRS Says

Regulatory uncertainty, volatility, and liquidity challenges, could all elevate the credit risk profile of firms adopting a crypto treasury strategy, the report said.

Roulette wheel

Markets

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.

A statue of Satoshi Nakamoto, a presumed pseudonym used by the inventor of Bitcoin, is displayed in Graphisoft Park on September 22, 2021 in Budapest, Hungary. The statue's creators, Reka Gergely and Tamas Gilly, used anonymized facial features, as Nakamoto's true identify remains unconfirmed. (Photo by Janos Kummer)