Digital Asset Treasury
Metaplanet Draws $130M for Further Bitcoin Acquisitions Under Credit Facility
The Japanese company executed new borrowing as part of its expanding bitcoin focused funding strategy.
XRP, SUI Lead Crypto Rebound as Bitcoin Tops $89K; Relief Rally Faces $100K Wall, Trader Says
Traders now see a December rate cut increasingly likely, following fresh comments from San Francisco Fed President Mary Daly.
BitMine Immersion Added Nearly 70K Ether Last Week, Now Holding 3% of ETH Supply
Tom Lee's company increased its crypto holdings last week despite sitting on around $4 billion in unrealized losses on its ETH bet.
Microcap Biotech Firm Raises $212M for Prediction Market Token Treasury Strategy
Enlivex Therapeutics is raising $212 million to invest in RAIN, the token of a blockchain-based prediction market, which will become its main treasury reserve asset.
ETF Outflows, Stablecoin Flows and DAT Reversals Signal Crypto Capital Flight: NYDIG
Spot bitcoin ETFs have seen persistent outflows ($3.55 billion in November), and stablecoin supply has declined, indicating capital is leaving the market, NYDIG Said.
BitMine Immersion Sitting on $4B Loss on Ether Bet as Analyst Warns of Structural issues
Tom Lee's company could trap shareholders amid low staking yields, hefty embedded fees and vanishing NAV premium, 10x Research founder Markus Thielen warns.
Anthony Scaramucci-Backed AVAX One Approves $40M Stock Buyback
Digital asset treasury firms are increasingly turning to share buybacks to arrest plunging stock prices as investor demand sours.
Crypto Exchange Ripio Reveals $100M Crypto Treasury, Second Largest in Latin America
The company's holdings, which include bitcoin and ether, have been managed through trading and hedging strategies since 2017.
Ether Treasury Firm FG Nexus Unloads Nearly 11K ETH to Fund Share Buyback
The action comes just a couple of weeks after fellow ETH treasury firm ETHZilla sold $40 million of tokens to fund its own share buybacks.
B. Riley Cuts Digital Asset Treasury Company Price Targets as Crypto Slump Deepens
The investment bank slashed price targets across so-called Datcos, citing sector-wide pressure and weaker accumulation trends.
