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.
Thumzup Media also disclosed that Donald Trump Jr. owns 350,000 shares, worth about $4 million at current prices.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Even modest adoption of tokenization could outsize any other crypto narrative — including bitcoin — Bitwise analysts said.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Coinbase will act as a custodian and executives from Galaxy, Kraken, Pantera, and more have participated in funding.
CRCL debuted last month with an IPO price of $31 per share, and the stock currently trades around $205 per share.
As of July 2, the healthtech company (ticker SMLR) has amassed 4,636 BTC worth approximately $430 million at current prices.
The company intends to use the net proceeds from the loan facility to fund its strategic bitcoin accumulation goals.
On Monday, Metaplanet announced it had bought an additional 2,205 BTC for $239 million, bringing its total holdings to 15,555 BTC.
Hong Kong's stablecoin licensing regime is set to take effect on Aug. 1, with several TradFi players expressing interest in applying.
CoreWeave has entered into a definitive agreement to acquire Core Scientific in an all-stock deal worth about $9 billion.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Semler's latest bitcoin acquisitions used proceeds from the issuance and sale of common stock via its at-the-market program.
The acquisition positions CoreWeave among the largest holders of U.S. data-center power at a time when demand for AI compute far outstrips supply.
Strategy intends to use the proceeds for general corporate purposes, including the acquisition of bitcoin.
Regulatory tailwinds are set to usher in an "equity tokenization wave," according to analysts at research and brokerage firm Bernstein.
Strategy's BTC holdings total more than 2.8% of the maximum 21 million bitcoin supply — worth over $65 billion.
The Tokyo-listed investment firm remains the world's fifth-largest publicly listed corporate holder of bitcoin.
The Nasdaq-listed firm said it plans to use the proceeds to support its $100 million crypto reserve strategy launched earlier this year.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Nana Labs aims to hold 5-10% of BNB's circulating supply and announced a $500 million convertible note sale to fund its crypto treasury plans.
Franklin Templeton Digital Assets said that the future of corporate crypto treasury strategies is contingent on several critical factors.
The fund, which is regulated under the Investment Company Act of 1940 and uses Anchorage as a custodian, also brought in $1 million in AUM.