Nasdaq-listed Thumzup Media said its board has authorized the company to hold up to $250 million worth of cryptocurrencies.
Sharplink Gaming became the largest corporate holder of ether earlier this week, surpassing the Ethereum Foundation.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
The move comes after Ethereum ETF notched their highest daily net inflow on Wednesday, led by $499 million into BlackRock's ETHA.
Bit Origin (ticker BTOG) said it has secured up to $500 million in equity and debt to launch a corporate Dogecoin treasury.
BitMine Immersion’s holdings has doubled to 300,657 ETH as investors like Peter Thiel’s Founders Fund bet on Ethereum treasuries.
Institutional demand for Ethereum is surging among Wall Street firms amid the refocusing and restructuring of the Ethereum Foundation.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Toymaker SRM Entertainment is rebranding after staking 365 million of the Justin Sun-linked cryptocurrency.
The Smarter Web Company has purchased another 325 BTC for approximately $36.45 million at an average price of $112,157 per bitcoin.
Ark Invest's investment strategy involves letting no individual holding take up more than 10% of a fund's portfolio.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Coinbase's stock closed Monday's trading session at $394.01 per share, giving the company a market cap above $100 billion.
TD Cowen's upside forecast for Bitcoin is $155,000 by December and expects Strategy to own nearly 900,000 BTC by 2027.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Vanguard, a $10 trillion money manager, has through its funds become the largest shareholder in Bitcoin stockpiler Strategy.
BitMine holds nearly $500 million in ETH as part of its Ethereum-focused treasury strategy, becoming the one of the largest public holders.
The analysts also see growth in Ethereum and Solana reinforcing their investment case as the cycle broadens beyond bitcoin.
Strategy's holdings now total more than 2.8% of the total 21 million bitcoin supply — worth over $73 billion.
Bitcoin has repeatedly hit new all-time highs over the past week and is currently trading at $120,754 at the time of writing.
The Czech National Bank disclosed in its quarterly report that it added 51,732 Coinbase Global shares in the second quarter of this year.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
BTCT shares jumped as much as 20% on Friday after the company said it established a strategic reserve of $1 million worth of ETH.
As the price of bitcoin crossed $115,000 for the first time, BlackRock's IBIT became the fastest-ever ETF to cross $80 billion in AUM.
The company’s stock has soared 13,350% since launching its bitcoin treasury strategy in April as it closes in on the top 25 public holders.
The ARK Innovation ETF (ARKK) offloaded 16,627 Coinbase Global shares and 58,504 Robinhood Markets shares on Thursday.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
K Wave Media Inc. (ticker KWM) has entered into a $500 million convertible note agreement with alternative asset manager Anson Funds.
The firm is the latest in a plethora of new crypto treasury companies, including two other miners-turned-Ethereum acquisition companies.
Spot Bitcoin ETF AUM continues to rise, sitting around $146 billion, reflecting sustained institutional interest despite market volatility.