Anchorage Digital has added perpetual preferred shares issued by bitcoin treasury firm Strategy to its balance sheet. The move marks a notable endorsement of Michael Saylor’s bitcoin-focused corporate strategy from the first federally chartered U.S. crypto bank. Anchorage CEO Nathan McCauley described the purchase as “conviction compounding.” He suggested that
One of the world’s biggest crypto exchanges, Binance, has made additions to its Secure Asset Fund for Users (SAFU) by acquiring 1,315 BTC worth $100 million, according to Arkham data. This is the second acquisition of Bitcoin by Binance as part of its plan to turn up to $1 billion
Metaplanet, as it is called, is a Japanese-listed firm that runs a bitcoin treasury. The firm, which is based in Japan, raised its guidance for revenue and operating profit for 2025 while issuing far more robust guidance for 2026, even as it is about to take an enormous non-cash impairment
Strive, a fund management company founded by former US Presidential candidate Vivek Ramaswamy, is on the brink of raising as much as $150 million via a preferred stock offering. The funds raised will be used for paying off debt and buying more Bitcoin. This is a positive development for Strive,
Metaplanet has been identified to greatly benefit from the depreciated value of the Japanese currency, given that a change in the value of the Bitcoin-focused balance sheet is dependent on the value of the currency that the company uses to repay its debts. Analysts indicate that companies that possess Bitcoin
The potential removal of crypto treasury firms from MSCl’s indexes by Morgan Stanley Capital International is estimated to throw the market into a frenzy to a large extent. Various industry organizations are cautioning that if the policy is carried out, involuntary sell-offs might total up to $15 billion. The policy
Nasdaq-traded livestreaming firm GD Culture Group had its worst trading day in more than a year, falling 28% after declaring an $875 million acquisition of Bitcoin. The stock crash followed when investors came to know that the company would sell almost 39.2 million new shares to close the cryptocurrency buy
Bitcoin hit a new high of $124,128 this week, but Galaxy Digital CEO Mike Novogratz isn’t cheering for it to $1 million next year. Speaking on the Coin Stories podcast with Natalie Brunell on Wednesday, he said a million dollar Bitcoin in 2026 would mean the US economy is in
