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Treasury

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

4 weeks 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

1 month 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

3 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

U.S. Treasury Secretary Scott Bessent Praises Bitcoin’s Resilience

U.S. Treasury Secretary Scott Bessent Praises Bitcoin’s Resilience

3 months ago by Crypto InsightsCrypto

U.S. Treasury Secretary Scott Bessent marked the 17th anniversary of the Bitcoin white paper on Friday with a post on X praising the network’s resilience and adding a jab at Senate Democrats, saying the system “never shuts down” and implying lawmakers could “learn something from… Read More

Huobi Founder to Set up $1B Ether Treasury Firm

Huobi Founder to Set up $1B Ether Treasury Firm

4 months ago by Crypto InsightsCrypto

Li Lin, the founder of Huobi and chairman of Hong Kong-based Avenir Capital, is spearheading a new $1 billion ether ETH$3,737.16 trust alongside several of Asia’s most influential early Ethereum investors, according to Bloomberg. The report, which cites people familiar with the matter, claims Li… Read More

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