Digital Asset Treasury
Asia Morning Briefing: ‘Just Buy a Bitcoin ETF’ — BTC Treasury Model Faces Reality Check
Crypto money managers warned that without a billion-dollar balance sheet or a clear framework for risk, most Bitcoin treasuries will struggle to stand out.

Mega Matrix Files $2B Shelf to Fund Crypto Treasury Bet on Ethena
The firm eyes to benefit from the rapid growth of Ethena's digital dollar USDe, fitting into a broader trend of listed companies accumulating cryptocurrencies.

Public Firm Bitcoin Holdings Top 1 Million BTC
With more than 630,000 coins, Michael Saylor's Strategy leads the pack as that milestone is hit.

AlphaTon Capital Shares Surge on TON Treasury Announcement
The company, which will operate under the ticker "ATON" starting Sept. 4, will manage TON network infrastructure, it said.

Winklevoss Twins Back $147M Raise for Treasury’s Landmark European Bitcoin Listing
The Gemini co-founders are supporting Netherlands-based Treasury BV as it pursues a reverse listing on Euronext Amsterdam to become Europe’s leading bitcoin treasury company.

Jack Ma-Linked Yunfeng Financial to Build Ether Treasury Starting With $44M ETH Purchase
Yunfeng joins companies including SharpLink Gaming and Bitmine Immersion Technologies that have begun pursuing an ether treasury strategy in recent months.

CleanCore in $175M Deal to Establish a Dogecoin Treasury; Shares Tumble 60%
The firm also named Alex Spiro, high-profile attorney and Elon Musk's lawyer, as chairman of the board effective immediately.

The Ether Machine Gets $654M ETH Investment From Blockchains’ Jeffrey Berns
Berns’ commitment brings company's ETH holdings to over $2.1 billion as it prepares to go public via a merger later this year.

Asia Morning Briefing: Hex Trust CEO Sees Both Promise and Peril in Bitcoin Treasury Firms
Hex Trust's CEO draws a line between financial engineering and genuine diversification, warning that not all Bitcoin treasury strategies are created equal.

Metaplanet Bitcoin Purchase Takes Holdings to 20K BTC, Overtaking Riot Platforms
1,009 BTC purchase worth $112M is biggest since July, shares drop 5.5%

