Digital Asset Treasury

Digital Asset Treasury

Markets

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.

CoinDesk

Finance

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.

Screenshot of Tom Lee on CoinDesk TV (CoinDesk)

Finance

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.

Avalanche (AVAX) (CoinDesk)

Finance

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.

CoinDesk

Finance

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.

Ethereum News

Markets

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.

Computer monitors and a laptop screen show trading charts on a desk overlooking an expanse of water at sunset. (sergeitokmakov/Pixabay, modified by CoinDesk)

Finance

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.

Gemini co-founders Cameron and Tyler Winklevoss at White House (Jesse Hamilton/CoinDesk)

Finance

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.

Ethereum News

Finance

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.

Stylized solana graphic

Markets

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.

Aerial view of Tokyo (Jaison Lin/Unsplash, modified by CoinDesk)