Digital Asset Treasury

Digital Asset Treasury

Markets

Metaplanet Initiates 13% Share Buyback Program With $500M Credit Facility

The Tokyo-listed firm started a repurchase program for 13% of its stock to enhance shareholder value and optimize capital efficiency.

3350 Share Price (TradingView)

Finance

Ether Treasury Firm ETHZilla Sold $40M ETH to Fund Share Buyback Amid Discount to NAV

The maneuver highlights the pressure digital asset treasury stocks face, with many once-high-flying names now trading below the value of the crypto on their books.

Stylized Ethereum logo

Finance

Tom Lee's BitMine Immersion Added Another $320M in Ether, Bringing Overall Holdings Above $14B

The crypto investment firm now holds over 3.31 million ETH, moving closer to its goal of owning 5% of the token’s supply.

Screenshot of Tom Lee on CoinDesk TV (CoinDesk)

Finance

Quantum Solutions Adds 2K ETH to Become 11th-Largest Ether Treasury Company

Quantum Solutions boosts ETH position as company cements standing among top digital asset treasuries, become No. 2 DAT outside U.S.

Ethereum (CoinDesk)

Policy

APAC's Biggest Stock Exchanges Push Back Against Digital Asset Treasury Strategies: Bloomberg

Hong Kong Exchanges and Clearing has challenged at least five companies over plans to buy and hoard large amounts of cryptoassets

Hong Kong's skyline (Chris Lam/CoinDesk)

Finance

Joe Lubin's Sharplink Gaming Resumes ETH Purchases, Bringing Holdings Over $3.5B

The Nasdaq-listed firm made its first ether purchase since August as the crypto correction weighs on digital asset treasuries.

Joe Lubin speaking at Consensus 2024 by CoinDesk. (Shutterstock/CoinDesk/Suzanne Cordiero)

Finance

Tom Lee's Bitmine Immersion Adds $800M of Ether, Bringing ETH Holdings Over $13B

The digital asset treasury bubble might have burst, as chairman Thomas Lee said, but the firm added over $1.6 billion worth of ETH during the crypto correction.

Screenshot of Tom Lee on CoinDesk TV (CoinDesk)

Markets

Chainlink's LINK Plunges 9% as Intense Selling Overpowers Caliber's $2M Accumulation

Nasdaq-listed Caliber purchased $2 million LINK while the Chainlink Reserve added nearly 60,000 tokens, but bears remain in control.

Chainlink LINK Token Drops 9% Amid Intense Institutional Selling and High-Volume Volatility

Finance

Huobi Founder Li Lin to Lead $1B Ether Treasury Firm: Bloomberg

Li Lin’s Avenir Capital is said to be teaming up with Asia's crypto pioneers to build a regulated vehicle focused on ether accumulation.

Hong Kong harbor during a sunrise (Manson Yim/Unsplash)

Finance

Tom Lee's BitMine Bought the Dip, Adding Over 200K ETH to Ethereum Treasury

The firm's ether holdings crossed 3 million tokens, halfway through its goal to corner 5% of the crypto's supply.

Screenshot of Tom Lee on CoinDesk TV (CoinDesk)