Digital Asset Treasury

Digital Asset Treasury

Finance

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.

Tyler and Cameron Winklevoss (Jesse Hamilton/CoinDesk)

Finance

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.

Ant Group and Alibaba co-founder Jack Ma (CoinDesk Archives)

Finance

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.

Shiba inu dog

Finance

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.

Ethereum Logo

Markets

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.

Alessio Quaglini, CEO and Co-Founder of Hex Trust (provided)

Markets

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%

Close up of the red circle at the center of the Japanese flag. (DavidRockDesign/Pixabay)

Finance

Joe Lubin's SharpLink Boosts ETH Holdings to Nearly 800K, Raised $361M in Fresh Capital

The firm said it has roughly $200 million in untapped cash for further ETH acquisitions.

Joe Lubin, founder and CEO of Consensys. (Shutterstock/CoinDesk/Suzanne Cordiero)

Finance

BitMine's ETH Holdings Top 1.7M Tokens, With $562M of Buying Power Remaining

The firm's crypto and cash holdings rose to nearly $9 billion at one point Sunday prior to the plunge in crypto prices.

Screenshot of Tom Lee on CoinDesk TV (CoinDesk)

Finance

Crypto Giants Galaxy, Jump and Multicoin Seek $1B to Raise Largest Solana Treasury: Report

Digital asset treasuries have become all the rage recently, with many firms copying the strategy popularized by Michael Saylor's bitcoin (BTC) holding firm Strategy.

Pirate treasure

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