Treasury

Treasury

Finance

Health-Care Firm KindlyMD Plans $5B Equity Raise for Bitcoin Treasury

The sale timing and amount will be determined by a variety of factors, including market prices, the company said.

Salt Lake City, Utah (Robin Saville/Pixabay)

Markets

Bitcoin, Stocks Hit by $400B Liquidity Drain From U.S. Treasury Account, Not Jackson Hole: Analysts

Liquidity constraints pose a significant challenge for BTC bulls looking to engineer a steep uptrend well into the year-end.

U.S. Treasury refill operations create liquidity risks. (jagritparajuli99/Pixabay)

Markets

Corporate Bitcoin Adoption Is a 'Dangerous Game of Balance Sheet Roulette': Report

Sentora's report warns that corporate adoption of bitcoin as a treasury asset is akin to playing 'balance sheet roulette.'

Roulette wheel

Markets

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.

(Chainlink)

Markets

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.

A do not wall crosswalk. (Kai Pilger/Unsplash)

Markets

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"

Treasure chest (Ashin K Suresh/Unsplash, modified by CoinDesk)

Policy

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.

Tornado Cash's Roman Storm, second from left, and his legal team – Brian Klein (left), Keri Axel and Kevin Casey – outside court in New York. (Nikhilesh De/CoinDesk)

Markets

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.

Money rolled up (Vitaly Taranov/Unsplash)

Markets

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.

Statue of a bull (ianproc64/Pixabay)

Finance

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.

Humayun Sheikh, CEO of Fetch