US Treasury Secretary Scott Bessent told lawmakers that dollar-pegged stablecoins could swell to more than $2 trillion in the next few years. He spoke at a Senate hearing this week.…
Polkadot might soon start holding Bitcoin in its treasury for the first time. A new community proposal suggests using 500,000 DOT to gradually buy tBTC: a version of Bitcoin that…
A growing number of public companies are stuck in limbo—technically solvent, but strategically stalled. Growth has evaporated. Stock prices have languished. Reinvestment opportunities are unclear or underwhelming. These companies aren’t…
Mercurity Fintech Holding, a Nasdaq-listed digital fintech group building blockchain-based payment infrastructure, plans to raise $800 million to establish a Bitcoin treasury reserve as more companies adopt the cryptocurrency for…
In brief
SharpLink Gaming shares plummeted more than 70% in after-hours trading Thursday.
The company announced in May that it had raised $425 million in a PIPE offering to create an Ethereum…
In brief
Coinbase's top analyst said Thursday that the increasing dependence of publicly traded companies on Bitcoin could lead to disaster for the broader crypto market, should BTC's price decline.
Numerous companies…
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Trident Digital Tech Holdings announced plans for an XRP treasury of up to $500 million.
The firm expects the treasury rollout to begin later this year.
Shares of TDTH…
In brief
Publicly traded DeFi Development Corp. entered into an agreement for a $5 billion equity line of credit.
The firm will use any proceeds from the issuance and sale of…
Mercurity Fintech Holding Inc. (Nasdaq: MFH), a digital finance company focused on blockchain-based financial infrastructure, has announced plans to raise $800 million to establish a long-term Bitcoin treasury reserve. The…
DeFi Development Corp. (DFDV), the Nasdaq-listed firm pursuing a solana treasury strategy, is planning to get some more dry powder to boost its SOL stack.According to a Thursday press…