Bitcoin Treasury Surges Metaplanet Buys 1,007 BTC
Metaplanet acquired 1,007 $BTC for $69 million, raising its holdings to 20,000 BTC, now valued over $1.38 billion. #Breaking #Crypto $BTC
Treasury
Ethereum Treasury Boost BitMine Adds 53,501 ETH
@BitMine has acquired 53,501 $ETH for $131M, highlighting a shift in corporate treasury strategies beyond Bitcoin. This move emphasizes Ethereum’s growing role in digital asset reserves. #Breaking #Crypto $ETH
US Treasury Yields Surge Toward Danger Zone
US Treasury yields hit a 19-year high, with the 30-year at 5.19% and the 10-year at 4.667%, prompting concerns of bearish pressure on stocks and risk assets #Breaking #Crypto $BTC (-8) ↘
Crypto 401(k) Plans Approved by Labor Department
The U.S. Department of Labor proposed a rule to expand 401(k) investment options, potentially allowing cryptocurrencies and alternative assets, aiming to modernize retirement investing and enhance diversity for American workers. #Update #Legal
Crypto Exchanges Banned Over Iran Ties
The U.S. Treasury Department sanctioned UK-based exchanges Zedcex and Zedxion for facilitating transactions linked to Iran’s IRGC, freezing their U.S. assets amid a crackdown on Iranian financial activities. #Breaking #Legal $USDT
Gold Investors Miss 98% Ownership Opportunity
Gold prices have surged over 80% in the past year, but @Aurelion CEO Björn Schmidtke warns that 98% of gold investors lack proof of ownership, risking chaos during a crisis. #Update #Crypto $XAUT
Ethereum Surges to $14 Billion in Assets
@BitmineImmersion has amassed a $14 billion Ethereum asset base with 4.168 million ETH, representing 3.45% of total supply, while targeting 5% ownership by 2026. #Update #Crypto $ETH
Bitcoin Investor Eric Jackson Launches New Firm
@EricJackson is launching a new Digital Asset Treasury firm, EMJX, to invest in $BTC, $ETH, and altcoins via a reverse merger with SRx Health Solutions. Bitcoin is currently down over 6% this week. #Update #Crypto $BTC (-8) ↘
Bitcoin Aims for $500 Million Fundraising Boost
@StriveInc plans to raise up to $500M via an at-the-market stock offering, aiming to acquire Bitcoin and repurchase shares, enhancing shareholder value #Update #Crypto $BTC
U.S. Treasury Yield Surges with ING Insights
ING analysts warn that the 10-year U.S. Treasury yield’s resilience above 4% could tighten financial conditions, impacting riskier assets like cryptocurrencies. #Update #Crypto $BTC $ETH
Bitcoin Boosts Advisor Digital Asset Treasuries
@AaronBrogan from Brogan Law discusses digital asset treasuries (DATs), emphasizing their speculative nature and risks, while @DJWindle advises on evaluating DATs for client portfolios. #Update #Crypto $BTC $ETH
Crypto Treasury Companies Surge in Popularity
Digital Asset Treasury Companies (DATCOs) are transforming corporate finance in crypto, actively deploying over one million $BTC for yield generation as venture funding declines. #Update #Crypto $BTC
XRP Set for Billion-Dollar Supply Shock
Evernorth, backed by @Ripple, merges with Armada Acquisition Corp II to list under XRPN, aiming to raise $1B in XRP for a large treasury. #Update #Crypto $XRP
XRP Surges Toward Trillion-Dollar Valuation
Ripple’s acquisitions, including Hidden Road and GTreasury, position it to handle trillions annually, overshadowing Western Union’s $100B Solana deal. $XRP trading at $2.52. #Update #Crypto $XRP