Treasury companies give large token holders the opportunity for a sophisticated exit that bypasses traditional market liquidity constraints.
Robinhood said that crypto trading volume rose 32% year-over-year to $28 billion in its second-quarter earnings report.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
MARA CEO says too many companies rushing to stockpile Bitcoin could backfire for investors while also putting pressure on BTC's price.
The Uber-like company could increase its crypto holdings to 50% of its cash reserves and purchase other assets like Ethereum and Solana.
The UK firm now holds a total of 2,050 BTC ($242 million), solidifying its place in the top 25 public bitcoin treasury companies.
Nasdaq maintains listing standards like a pricing floor of $1 that Argo has not maintained. The company will look to appeal.
MARA set new quarterly records for adjusted EBITDA, revenue, and net income as the miner becomes the largest Bitcoin holders among peers.
The Stretch offering raised approximately $2.521 billion in gross proceeds, making it "the largest U.S. IPO completed in 2025 to date."
Ahead of the SEC's approvals for spot bitcoin ETFs over a year ago, firms were hashing out technical details over how the redemption process would work.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
180 Life Sciences has entered into a $425 million PIPE agreement with over 60 investors to build an Ethereum treasury strategy.
Bitcoin is holding steady as we approach the end of July, while Ethereum is seeing a surge in speculative interest.
The company plans to use the offering proceeds for general corporate purposes, including the acquisition of bitcoin and other digital assets.
As of July 28 at 10:45 p.m. ET, BitMine said it now holds 625,000 ETH ($2.4 billion) and 192 BTC ($22.8 million).
Ark Invest sold $15 million worth of Block Inc. shares, $12.7 million in Robinhood, and $6.9 million in Coinbase on Monday.
TD Cowen remains uber bullish on Strategy's stock, maintaining a "buy" rating and $680 price target on Monday.
Bernstein says a new wave of ETH treasury companies is creating demand, but risk management is central to the strategy's success.
Sui is a Layer 1 blockchain developed by Mysten Labs that uses the bespoke Move programming language.
Upexi can now sell up to $500 million of its common stock to fund general corporate expenses and SOL token purchases.
The upsized PIPE offering has the potential to deliver up to $1.25 billion of gross proceeds for CEA Industries and 10X Capital.
The move marks PayPal's latest expansion into the crypto industry and a notable internal deployment of its PYUSD stablecoin.
Galaxy Digital moved nearly 30,000 BTC — worth around $3.5 billion — to exchanges. SharpLink has named Joseph Chalom as its new co-CEO.
Cathie Wood-led investment firm Ark Invest sold a total of 30,051 Coinbase shares across two of its ETFs on Thursday.
The Hong Kong-based crypto firm said it plans to use the proceeds for its international expansion and stablecoin initiatives.
Crypto inflows are up nearly 50% since May and are on track to comfortably surpass last year’s record total, JPMorgan analysts said.
BITF is down 55% over the past year as crypto miners continue to recover profitability from the fourth Bitcoin halving in April 2024.
21Shares, Fidelity, Franklin Templeton, Galaxy, VanEck, and WisdomTree all submitted their amended proposals Tuesday morning.
SharpLink boosted its ether treasury to 360,807 ETH after buying last week, with $96.6 million left from ATM sales to keep buying the crypto.
The assets under management (AUM) of spot Ethereum ETFs also made a new all-time high of over $15.5 billion.