Digital Asset Treasury

Digital Asset Treasury

Markets

Bitmine's ether treasury hits 4.8 million ETH as stock listing moves to NYSE

The company now holds 3.98% of all ether in circulation, has staked $7.1 billion of it, and says it is generating $196 million in annualized staking revenue.

Thomas Lee, chairman of BitMine and CIO of Fundstrat, on the main stage during Consensus Hong Kong 2026 (CoinDesk)

Opinion

Digital asset treasuries must now earn their keep

For treasuries to do so and stay competitive, Kiernan unpacks three broad strategies that are emerging.

CoinDesk

Markets

David Bailey’s Nakamoto sells roughly 5% of its bitcoin holdings, offloading 284 BTC

The sale underscores liquidity pressures as the company continues its pivot to a bitcoin treasury strategy.

David Bailey

Finance

Bitmine makes biggest ether purchase in 2026 while other digital asset treasuries pull back

Tom Lee's Ethereum treasury bought more than 71,000 ETH over the past week, remaining the sole large corporate crypto buyer as Strategy broke its 13-week bitcoin purchase streak.

Thomas Lee, chairman of BitMine and CIO of Fundstrat, on the main stage during Consensus Hong Kong 2026 (CoinDesk)

Finance

Ethereum Foundation sells 5,000 ether to Tom Lee's BitMine in $10.2 million deal

The funds will support the EF's core operations, including protocol R&D and ecosystem grants, as part of a treasury strategy to balance ETH and fiat-like assets.

Thomas Lee, chairman of BitMine and CIO of Fundstrat, on the main stage during Consensus Hong Kong 2026 (David Paul Morris/Consensus)

Markets

Slumping Strategy and Strive started with buy ratings at B. Riley

The bank said the bitcoin treasury sector’s slump reset valuations, but opened the door for new digital credit financing models that could revive growth.

Strategy Executive Chairman Michael Saylor at the Digital Asset Summit in New York City on March 20, 2025. (Nikhilesh De)

Finance

Nigel Farage takes 6% stake in UK bitcoin treasury firm Stack BTC

Reform UK leader backs London-listed company chaired by former Chancellor Kwasi Kwarteng as it expands bitcoin strategy.

Nigel Farage (Gage Skidmore/Wikimedia Commons)

Finance

Buyouts and bitcoin: Inside the messy boardroom fight at a treasury company that may span to others

Empery Digital holds 3,723 BTC as a reserve asset, and a major investor is calling for the company to sell the lot and return the cash to shareholders.

Chess piece being moved (Ahmed/Unsplash+/Modified by CoinDesk)

Finance

Trump family-linked American Bitcoin posts $59 million Q4 loss as bitcoin price slides

The bitcoin mining company now holds over 6,000 BTC, with roughly one-third acquired through mining and two-thirds through open-market purchases and strategic transactions.

Stock market price charts (Anne Nygård/Unsplash)

Finance

Bitcoin treasury firm GD Culture set to sell BTC holdings to fund share buybacks

The company's stock has lost about two-thirds of its value since peaking last year, nearly in step with bitcoin's record price above $126,000.

Stacks of 100 dollar bills (Dmytro Glazunov/Unsplash/Modified by CoinDesk)