Strategy’s Bitcoin playbook is no longer just about buying dips. The company has turned its balance sheet into a capital machine built …
Treasury
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Finance
US Treasury warns foreign financial institutions of sanctions risks linked to Iran and China
by shayaanby shayaanThe US Treasury is drawing a line in the sand for foreign banks doing business with Iran, and two Chinese financial institutions …
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Nasdaq-listed Bitcoin mining company Cango (CANG) has reported mining 230.04 Bitcoin through its own operations during the month of April. The Shanghai-headquartered …
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Markets
Grant Cardone says bitcoin-real estate strategy could outperform REITs, adds more BTC to treasury
by shayaanby shayaanThe real-estate mogul said the hybrid model brings new users into crypto and challenges traditional real estate structures. www.coindesk.com
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Mining
K Wave Media scraps massive bitcoin treasury plan to redirect $485 million to AI
by shayaanby shayaanBitcoin miners are turning to AI infrastructure to ramp up revenues, and some treasury firms are joining in on the rotation too. …
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Finance
Treasury Secretary Scott Bessent Says the US Is Targeting Iran’s Access to Crypto
by shayaanby shayaanUS Treasury Secretary Scott Bessent posted on X on April 29 that Washington’s sanctions campaign is now going after Iran’s “access to …
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Scams
K-Pop Firm’s Stock Plunges as It Dumps Bitcoin Treasury Plan for AI Pivot
by shayaanby shayaanIn brief K Wave Media’s board approved a strategic transformation to reposition the company as an AI infrastructure-focused entity. The Nasdaq-listed company …
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Markets
Tom Lee says 'crypto spring' started as largest Ethereum treasury buys $238 million in ether
by shayaanby shayaanBitmine’s latest ETH purchase comes as Lee cited progress on digital asset regulation CLARITY Act as a key catalyst for crypto markets. …
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Markets
Ethereum Foundation finalizes sale of 10,000 ether to BitMine as part of its treasury strategy
by shayaanby shayaanThe latest transaction follows a similar March deal in which the foundation sold 5,000 ETH to BitMine, raising roughly $10.2 million. www.coindesk.com
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Rune Christensen, the founder of Sky Protocol published a proposal on the Sky governance forum on April 24 to consider permanently moving …