Digital Asset Treasury
Winklevoss-Backed Cypherpunk Buys $18M More Zcash, Bringing Holdings to $150M
The digital-asset treasury firm is sitting on a over 100% paper gains following Zcash's recent rally.

Tom Lee's Ethereum Treasury Firm BitMine Immersion Appoints Chi Tsang as CEO
Tsang has replaced Jonathan Bates, who led the former bitcoin mining firm from its early days through its pivot to an Ethereum treasury strategy.

Solana-Focused Upexi Approves $50M Share Buyback as Digital Asset Treasuries Turn to Repurchases
The Solana-centric company is joining a growing list of crypto treasury companies opting to buy back shares as investor appetite for DATs vane.

Tokyo Exchange Operator Mulls Limits on Digital Asset Treasury Firms: Report
The operator is considering stricter enforcement of listing rules and audits to protect investors, Bloomberg reported.

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.

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.

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.

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.

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.

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.

