Digital Asset Treasury

Digital Asset Treasury

Finance

Leap Therapeutics Surges 300% on $50M Winklevoss-Backed Zcash Bet

The company is also rebranding as Cypherpunk Technologies with ticker change to CYPH, effective Thursday.

Gemini co-founders Cameron and Tyler Winklevoss at White House (Jesse Hamilton/CoinDesk)

Markets

B. Riley Flags Recovery Signs in Digital Asset Treasuries as BitMine Extends Ether Lead

After weeks of weakness, the bank flagged a potential rebound in digital asset treasury companies as macro risks cooled and short sellers retreated.

Screenshot of Tom Lee on CoinDesk TV (CoinDesk)

Finance

Tom Lee's BitMine Immersion Bought Last Week's Ether Dip, Adding 110K Tokens to Holdings

The crypto treasury firm now owns 2.9% of the ETH supply and holds nearly $398 million in cash for more purchases.

Screenshot of Tom Lee on CoinDesk TV (CoinDesk)

Opinion

Long DATs, Short Futures: A New Wrinkle On The Basis Trade

As regulated futures proliferate across alts, the “long DAT, short futures” trade could become an ideal way for Wall Street to capture crypto yield without touching a wallet or suffering from the intense volatility that defines crypto as an asset class, argues CoinFund’s Chris Perkins.

A trader in front of screens. (sergeitokmakov/Pixabay/Modified by CoinDesk)

Markets

Strive Raises $160 Million in Bitcoin Buying Power After Upsized Preferred Stock Offering

Upsized 2 million-share SATA issuance priced at $80 includes a 12% dividend and potential bitcoin allocation.

CoinDesk

Markets

Adam Back and Switzerland’s FUTURE Secure 28M Swiss Francs to Build Bitcoin Treasury

Funding round backed by Fulgur Ventures, Nakamoto, and TOBAM positions FUTURE as an institutional bridge between Bitcoin and global capital.

Adam Back, CEO Blockstream (second from right) speaks at Consensus Hong Kong 2025 by CoinDesk (CoinDesk/Personae Digital)

Finance

Tharimmune Stock Gains 30%, on $540M Capital Raise to Build Canton Coin Treasury Strategy

The nanocap biotech firm is pivoting into digital assets with a $540 million raise to build a canton coin–based treasury, backed by DRW and Liberty City Ventures.

Scattered pile of $1 bills (Gerd Altmann/Pixabay, modified by CoinDesk)

Finance

Brazil’s OranjeBTC Joins Wave of Struggling Crypto Treasury Firms Turning to Buybacks

The move is part of a growing trend among DAT companies, including ETHZilla, Metaplanet, Sequans, and Empery Digital.

(Midjourney/Modified by CoinDesk)

Markets

Bitcoin Slides Below $108K, Crypto Stocks Sink as 'Uptober' Disappoints

With Thursday's decline, bitcoin is on track for its worst October return in more than a decade.

Bitcoin price today (CoinDesk)

Markets

Crypto Treasury Activity Still Tepid, but Capital Flows Rebound: B. Riley

The broker sees digital asset treasuries stabilizing as U.S.-China trade progress lifts sentiment.

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