Bitcoin Treasury Reserve Asset

Bitcoin Treasury Reserve Asset

Finance

Sequans Buys $150M in Bitcoin, Doubling Down on BTC Treasury After $384M Raise

The purchase, funded by a recent private placement, aims to enhance financial resilience and create long-term value.

Seed Funding Investment coins in a jar (Towfiqu barbhuiya/Unsplash/Modified by CoinDesk)

Finance

Adam Back's Bitcoin Treasury Firm to Go Public with 30K BTC and $1.5B in Buying Power

Named Bitcoin Standard Treasury Company, or BSTR, the company is coming public via a SPAC merger with Brandon Lutnick's Cantor Equity Partners 1.

Blockstream CEO Adam Back at Consensus Hong Kong in February (CoinDesk/Personae Digital)

Finance

Off-Road EV Maker's Shares Surge 300% on $500M Raise to Buy Bitcoin

The company's bitcoin holdings will be custodied by Gemini, and Volcon has named Ryan Lane, co-founder of Empery Asset Management, as co-CEO and Chairman.

Stock market price charts (Anne Nygård/Unsplash)

Finance

Semler Scientific Becomes 14th-Largest Public Bitcoin Holder After $25M BTC Buy

The company from July 3 to July 16 added 210 bitcoin, bringing its total stack to 4,846 coins.

AI trading screens. (TheDigitalArtist/Pixabay)

Finance

Early Bitcoiner Adam Back Nears $3.5B BTC Deal With Brandon Lutnick-Led Cantor SPAC: FT

According to the report, the Cantor Equity Partners 1 shell company would acquire 30,000 bitcoin from Back and his Blocksteam Capital in exchange for shares in the Cantor vehicle.

Blockstream CEO Adam Back at Consensus Hong Kong in February (CoinDesk/Personae Digital)

Finance

Sequans Shares Jump 35% After $384M Debt-Equity Raise to Fund Bitcoin Treasury

The company will use a combination of American depositary shares, warrants and convertible debentures to raise the funds.

Stock trading chart next to watchlist (Tötös Ádám/Unsplash)

Markets

Semler Scientific Gets Buy Rating From Benchmark, $101 Price Target on Bitcoin Treasury Pivot

Semler trades at a steep discount compared to bitcoin treasury peers, the report said.

Bitcoin, Semler Scientific

Finance

Australian Crypto Asset Manager DigitalX Secures Over $13M to Expand Bitcoin Holdings

The funds will be used to increase DigitalX’s bitcoin treasury, bringing its total bitcoin and digital holdings to over 95 million australian dollar.

View of Sydney harbor with Habor Bridge and opera house. (Caleb/ Unsplash)

Finance

Real Estate Firm Murano to Build Bitcoin Treasury With $500M Equity Deal

The company, which operates hotels across Mexico, is also exploring ways to integrate BTC as a payment and loyalty rewards program for customers.

Mexico flag (Unsplash)

Markets

Metaplanet Picks Up Additional 2,205 BTC, Holdings Now Cross 15,555 Bitcoin

For the quarter ending June 30, the company reported a BTC Yield of 95.6%, following a 309.8% yield in the previous quarter.

japan (CoinDesk archives)