Treasury
Chainlink Launches LINK Reserve to Fuel Network Growth
The reserve is funded by offchain and onchain revenue, which is automatically converted into LINK via mechanism called Payment Abstraction.

Crypto Market Cap Halts at $3.7T as Traders Rotate Out, Institutions Double Down on BTC, ETH
“Bitcoin was again approaching its 50-day moving average. Such frequent testing of the medium-term trend signal line indicates accumulated fatigue in the first cryptocurrency,” one analyst said.

Public Shell Firms Ramping Up Altcoin Buys Draws Skepticism: FT
Extending the BTC treasury plans to smaller altcoins has been described as "hugely speculative" and a "flash in the pan"

TORN Spikes 5% After U.S. Appeals Court Okays End of Another Tornado Cash Lawsuit
The Eleventh Circuit Court of Appeals ruled on July 3 that Coin Center could dismiss its lawsuit against the Treasury Department.

Bitcoin Treasury Corp Boosts Holdings to 771 BTC, Plans Lending After $51M Buy
The Toronto-listed firm plans to use its 771 Bitcoin trove for institutional lending.

Brazilian Firm Meliuz's Shares Fall After Planning to Raise $32.4M to Buy Bitcoin
The fintech company strengthened its crypto strategy with a discounted share offering and a bitcoin acquisition plan.

Fitness Firm Interactive Strength Plans to Raise Up to $500M to Buy Fetch.AI's FET Tokens
The company is already buying some of the tokens after raising $55 million of new capital.

Corporate Bitcoin Holdings Nears $85B, More Than Doubling in a Year
The number of public companies holding bitcoin in their treasuries has increased to 116 after surging with the election of Donald Trump.

A Tiny Fintech Firm Is Launching $100M Crypto Treasury Strategy, Including BTC, ETH
The firm plans to invest not only in bitcoin, but also in ether and "regulated stablecoins," funded through existing equity facility and an institutional partnership.

Crypto Treasury Strategy News: Hong Kong's Reitar and VivoPower
Reitar will be buying bitcoin and VivoPower XRP.

