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Treasury

Bitcoin miner turned Ethereum treasury firm stakes over $6B in ETH as BMNR shares slide and ether dips.

Bitcoin miner turned Ethereum treasury firm stakes over $6B in ETH as BMNR shares slide and ether dips.

3 weeks ago by Crypto InsightsCrypto

Bitmine Immersion Technologies (BMNR) on Monday reported purchasing nearly 51,000 more ETH tokens last week, increasing its holdings to 4.474 million. “In the midst of this ‘mini crypto winter,’ our focus continues to be on methodically executing our treasury strategy and steadily acquiring ETH and… Read More

U.S. Senate Democrats asked Treasury, DOJ to probe Binance’s illicit finance controls

U.S. Senate Democrats asked Treasury, DOJ to probe Binance’s illicit finance controls

3 weeks ago by Crypto InsightsCrypto

Democrats in the U.S. Senate continue to pile onto Binance, asking the Treasury and Justice departments to investigate its sanctions compliance and protections against illicit finance following reports of potential terrorism funding. Nine senators, including a few that have been instrumental in negotiations over the… Read More

Forward Industries (FWDI) is well positioned to consolidate the digital asset treasury sector

Forward Industries (FWDI) is well positioned to consolidate the digital asset treasury sector

1 month ago by Crypto InsightsCrypto

Nasdaq-listed Forward Industries (FWDI) is uniquely positioned to consolidate the beaten-down digital asset treasury space because it carries no corporate debt and is completely unlevered, giving it room to play offense while peers retrench, according to Ryan Navi, the company’s chief investment officer. “Scale plus… Read More

Strategy surges 6% on MSCI decision not to exclude digital asset treasury firms from indexes

Strategy surges 6% on MSCI decision not to exclude digital asset treasury firms from indexes

2 months ago by Crypto InsightsCrypto

Strategy (MSTR) is ahead 6% in after-hours trading on Tuesday after MSCI decided not to exclude digital asset treasury companies (DATs) from its indexes. “Distinguishing between investment companies and other companies that hold non-operating assets, such as digital assets, as part of their core operations… Read More

Prenetics stops buying bitcoin as crypto treasury trade loses steam

Prenetics stops buying bitcoin as crypto treasury trade loses steam

3 months ago by Crypto InsightsCrypto

Prenetics (PRE), a health-sciences company that raised $48 million earlier this year, partially to build a bitcoin treasury, said it decided to stop purchasing BTC amid prolonged weakness in the cryptocurrency market. The company rolled out its bitcoin accumulation strategy in June, following a model… Read More

Ripio $100M Crypto Treasury Includes BTC and ETH

Ripio $100M Crypto Treasury Includes BTC and ETH

4 months ago by Crypto InsightsCrypto

Latin American cryptocurrency exchange Ripio has revealed it holds a crypto treasury valued at over $100 million, making it the second-largest publicly known such firm in Latin America behind OranjeBTC. The company’s CEO Sebastian Serrano confirmed the figure in an interview with CoinDesk during DevConnect… Read More

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