Tom Lee’s BitMine has purchased another $281 million of ETH, taking the concept of ‘buying the dip’ to a whole new level. When the market sold off, BitMine accumulated. The company’s total Ethereum holdings now exceed 3.03 million ETH, roughly 2.5% of the entire supply, valued at around $12.9 billion. Blockchain analytics from Lookonchain shows additional BitMine-linked wallets receiving over 72,000 ETH ($281 million) in transfers from FalconX and BitGo this week, reinforcing what’s […]
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Ripple appears to be preparing one of its most ambitious experiments through a $1 billion digital-asset treasury (DAT) designed to accumulate and manage XRP as a long-term reserve. According to a Bloomberg report, the initiative would be financed through a Special Purpose Acquisition Company (SPAC). This structure is often used in traditional finance to raise […]
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Ripple’s $1 billion acquisition of GTreasury marks a new step in its corporate expansion and a direct challenge to the stablecoin distribution problem. While Ripple USD (RLUSD) has shown an impressive 987% growth since its December 2024 launch, reaching a supply of $839.9 million, it still captures only 0.27% of the $301.9 billion stablecoin market. […]
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Bitcoin (BTC) miner MARA Holdings purchased 400 BTC for approximately $46 million on Oct. 13, capitalizing on the market collapse three days earlier while most miners remained defensive. The acquisition increases MARA’s Bitcoin treasury to 53,250 BTC, valued at over $6 billion at current prices, according to Bitcoin Treasuries data. The timing reveals a strategic […]
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At a London conference this week, Reform UK leader Nigel Farage cast himself as “your champion” for digital assets and sketched a platform that includes a flat 10% capital gains tax on crypto, creation of a roughly £5 billion state Bitcoin reserve anchored in seized coins, a halt to the Bank of England’s digital pound […]
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October’s historic crypto market crash forced a reckoning across leveraged trading, sent prices tumbling, and set the stage for audacious institutional dip-buying. Among the biggest actors was Tom Lee’s Bitmine Immersion Technologies. The behemoth Ethereum treasury company rapidly expanded its already massive ETH coffers by acquiring 128,718 more ETH (worth about $480 million) immediately after […]
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Strategy’s market net asset value (mNAV) compared to Bitcoin (BTC) its holdings dropped to 1.174 on Oct. 10, the lowest level in almost two years. The company’s shares fell 3% to $307.95 amid broader weakness in the crypto market, translating to a market cap of $88.4 billion. Strategy is the 121st-largest US public company, holding […]
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Hong Kong-based DDC Enterprise Limited has added another 100 Bitcoin (BTC) to its balance sheet, accelerating efforts to build a digital asset reserve of over $1 billion. The food conglomerate listed on the New York Stock Exchange under ticker DDC confirmed on Oct. 8 that this marks its third Bitcoin purchase in a week. The […]
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Institutional demand for Ethereum has climbed to new highs during this market cycle. According to Strategic ETH Reserve data, spot Ethereum exchange-traded funds (ETFs) and Digital Asset Treasury Companies (DATCOs) now control more than 12.5 million ETH, or roughly 10% of the token’s circulating supply. This marks a dramatic expansion from April, when these institutions […]
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Strategy reported $3.89 billion in unrealized gains on Bitcoin (BTC) during the third quarter of 2025, propelling the company to surpass Coinbase’s market cap. The company’s holdings surpassed $80 billion in value for the first time as Bitcoin trades above $125,000. As of press time, bitcoin traded at $125,420.83, valuing the company’s digital asset portfolio […]
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Ethereum’s ongoing underperformance against Bitcoin has reignited debate over what’s holding the asset up, and who’s really behind its demand. According to Bitcoin advocate Samson Mow, roughly $6 billion in South Korean retail money is now propping up so-called Ethereum treasuries, companies accumulating ETH as a balance-sheet asset echoing MicroStrategy’s Bitcoin strategy. Mow issued the […]
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Just as Amazon laid the rails for the digital economy, Metaplanet president Simon Gerovich says his company is building the new financial infrastructure. And he argues that the market often misprices companies in periods of structural change, obsessing over price while missing the power beneath the hood. Like Jeff Bezos’ famous remark during Amazon’s dot-com […]
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Avalanche (AVAX) is suddenly the target of a planned billion-dollar buying spree from public market digital asset treasury (DAT) vehicles. AgriFORCE said it will rebrand to “AVAX One” and accumulate roughly $700 million of AVAX. Meanwhile, Avalanche Treasury Co. (AVAT) unveiled a $675 million SPAC deal that seeds about $460 million in balance sheet assets […]
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The US Treasury Department and the Internal Revenue Service have released interim guidance that significantly eases tax burdens for corporations holding Bitcoin and other digital assets. Issued on Sept. 30, the notices, 2025-46 and 2025-49, clarify how the Corporate Alternative Minimum Tax (CAMT) applies to unrealized gains, a question that had raised alarm across corporate […]
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Metaplanet has cemented its position as one of the world’s largest corporate holders of Bitcoin, surpassing the 30,000 BTC mark after a string of aggressive purchases. On Oct. 1, the Tokyo-based firm revealed that it had added 5,268 BTC to its balance sheet at an average price of $116,870, spending roughly $616 million. The transaction […]
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Strategy raised the annual dividend rate on its Variable Rate Series A Perpetual Stretch (STRC) Preferred Stock from 10% to 10.25%, effective Oct. 1. The company disclosed the change in a Sept. 30 SEC filing, also declaring a cash dividend of $0.854166667 per share on STRC, payable Oct. 31 to stockholders of record as of […]
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AsiaStrategy appointed Anchorage Digital for custody and settlement of its Bitcoin treasury operations and bought 30 BTC on Sept. 30. Per AsiaStrategy, the mandate covers cross-border workflows in the United States and Asia, with Anchorage Digital serving as primary custodian and infrastructure provider for treasury execution and settlement across the corridor. According to Anchorage Digital, […]
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BitMine, an Ethereum-focused company, has taken advantage of ETH’s recent slip below $4,000 to significantly expand its holdings. The firm disclosed on Sept. 29 that it purchased more than 200,000 ETH during the week, lifting its total to 2.6 million ETH. This stash, at current market prices, is valued at $10.9 billion and now represents […]
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