Treasury
Strategy’s Michael Saylor Signals Impending BTC Buy For Treasury
Strategy co-founder Michael Saylor signaled an impending Bitcoin (BTC) purchase, and, if completed, the transaction will mark the company’s third BTC acquisition in August. The company’s most recent Bitcoin buy occurred on August 18, when Strategy purchased 430 BTC for $51.4 million, bringing its total holdings to 629,376 BTC, valued at over $72 billion at […]
VERB, TON Treasury Company, Announces Over $780M in Assets
VERB Technology Company, a Toncoin (TON) acquisition company, said it has accumulated about $713 million in TON and $67 million in cash, totaling over $780 million in assets. The company completed a $558 million private placement in August, sending its share price soaring by more than 200%. A majority of these funds were used to […]
US Treasury Calls For Public Comment On GENIUS Stablecoin Bill
The US Treasury Department has issued a call for comments related to the passage of the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act, signed into law by President Donald Trump in July. In a Monday notice, the Treasury said “interested individuals and organizations” could provide feedback to the government department on “innovative […]
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 […]
US Treasury Considers Digital ID in DeFi to Curb Illicit Finance
The US Department of the Treasury is seeking public feedback on how digital identity tools and other emerging technologies could be used to fight illicit finance in crypto markets, with one option being embedding identity checks into decentralized finance (DeFi) smart contracts. The consultation, published this week, stems from the newly enacted Guiding and Establishing […]
US Treasury Bessent Says Budget-Neutral Bitcoin Reserve Buys Still Possible
US Treasury Secretary Scott Bessent has clarified that his department is still exploring budget-neutral ways to buy Bitcoin for the Strategic Bitcoin Reserve — contrasting with his recent comments suggesting the plan was off the table, which triggered a Bitcoin sell-off. “Treasury is committed to exploring budget-neutral pathways to acquire more Bitcoin to expand the […]
Michael Saylor Maintains Bitcoin Focus Despite Rising Ethereum Interest
Saylor Sees Growth Across the Crypto Economy MicroStrategy Executive Chairman and Bitcoin maximalist Michael Saylor isn’t worried about the growing treasury interest in Ethereum and other cryptocurrencies. Speaking to Bloomberg on Friday, Saylor said innovation in the broader crypto space benefits everyone. “I think there is an explosion of innovation across the entire crypto economy, […]