Major institutions, including sovereign wealth funds and pension funds, ramped up their spot Bitcoin ETF investments.
Year over year, the crypto exchange's revenue rose to $2.3 billion in Q4 as COIN stock surged 110% over that time period.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Crypto led Robinhood’s record revenue figures with 487% quarter-over-quarter growth — 733% year-over-year, the analysts noted.
The commission-free brokerage reported fourth-quarter revenue of $1.01 billion, which beat the estimated $944 million.
13Fs are a way to glimpse how the largest portfolios and some of the most influential money managers play the market.
Major U.S.-based crypto custodian BitGo plans to go public via an initial public offering as early as Q2 2025, according to Bloomberg.
The company now holds a total of 610.3 BTC, worth nearly $60 million at current prices, acquired at an average price of $98,312 per bitcoin.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Experts speculate on the potential launch of memecoin ETFs, with issuers already filing for funds tied to tokens like Trump’s memecoins.
The bitcoin acquisitions follow Strategy's latest sale of shares during the same period, equivalent to the same value.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Michael Saylor’s Strategy has fully embraced its position as a bitcoin treasury company and Wall Street remains bullish on MSTR stock.
The Bitcoin miner also reported net income of $246.8 million and adjusted EBITDA of $321.6 million for Q4, 2024.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Strategy reported a net loss of $670.8 million for Q4 on Wednesday following a $1 billion impairment adjustment on its bitcoin holdings.
The company fka MicroStrategy recorded total revenues of $120.7 million, down 3% from last year and missed estimates by about $3 million.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
"This brand simplification is a natural evolution of the company, reflecting its focus and broad appeal," the company said.
Following the success of its U.S.-based spot Bitcoin ETF, BlackRock is now preparing a BTC-based fund to be listed in Europe.
The filing specifically mentions the Bitwise Ethereum ETF, Grayscale Ethereum Trust, Grayscale Ethereum Mini Trust, "and any trust that holds ether."
As of Jan. 31, Sol Strategies and its subsidiaries held an aggregate of 189,968 SOL, valued at nearly $41 million.
Semler's latest bitcoin acquisitions were made with proceeds from its January 2025 senior convertible notes offering.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
MicroStrategy acquired around $20 billion worth of bitcoin over the past few months but did not sell any shares last week for more purchases.
Shares of Japan’s Metaplanet closed down 9.44% on Monday, while Hong Kong’s OKG Tech lost 9.09% amid a broader market slump.
Following Bitcoin's fourth halving in April 2024, mining companies have tried to diversify their operations.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
MSTR intends to use the proceeds to buy more bitcoin, of which is currently holds 471,107 BTC worth over $46 billion.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.