Firm
Nasdaq Firm Targets $500M SOL Reserve As Corporate Crypto Treasuries Boom
Corporate cryptocurrency treasuries continued their growth trajectory this week, as publicly listed US companies continued announcing plans to raise hundreds of millions for altcoin treasury reserves. On Monday, Nasdaq-listed Helius Medical Technologies announced the launch of a $500 million corporate treasury initiative built around the Solana token (SOL), signaling more corporate crypto adoption. A day […]
Hong Kong Firm Stock Jumps On $483M Bitcoin Acquisition Plan
Nasdaq-listed Hong Kong construction firm Ming Shing Group Holdings said Wednesday it has entered into an agreement to acquire 4,250 Bitcoin for nearly $483 million, joining the wave of companies adding the cryptocurrency to their treasuries. If successful, the deal would make Ming Shing Hong Kong’s top Bitcoin (BTC) treasury according to BitcoinTreasuries.NET data, surpassing […]
Arthur Hayes Joins Stem Cell Firm After Trump Pardon
BitMEX co-founder and Bitcoin billionaire Arthur Hayes has taken a board seat and major stake in a stem cell company following his March pardon from US President Donald Trump, which wiped clean his conviction for Bank Secrecy Act violations. Hayes, who built BitMEX into one of the largest derivatives platforms before it fell under regulatory […]
Japanese 3D Housing Firm Plans Bitcoin Buy After NFT Housing Initiative
Japan-based 3D printed housing firm Lib Work Co has become the latest non-crypto native firm to buy Bitcoin for its corporate treasury, coming just a month after launching an initiative that uses non-fungible tokens to store house designs. In a Monday statement following its board meeting, LibWork announced plans to purchase 500 million Japanese yen […]
Dutch Crypto Firm seeks Bitcoin Treasury launch on Amsterdam’s Euronext
Dutch cryptocurrency service provider Amdax is preparing to launch a Bitcoin treasury firm on Amsterdam’s Euronext stock exchange, as more European companies follow US counterparts in adopting Bitcoin strategies. Amdax said Monday it is creating AMBTS B.V., a privately held company with independent governance that will operate as a stand-alone firm. AMBTS aims to become […]
Bitcoin Miner MARA Holdings Buys 64% Stake in AI And HPC Firm Exaion
Bitcoin miner MARA Holdings is making its biggest AI play to date, signing a $168 million deal to buy a 64% stake in Exaion, a subsidiary of French state-owned Électricité de France, one of the world’s largest low-carbon energy producers. The agreement, announced on Tuesday, includes an option for MARA to raise its stake to […]