Michael Novogratz says the rush to create companies holding cryptocurrencies on their balance sheets may have already peaked. The Galaxy Digital founder and CEO made the comments Tuesday during the firm’s second-quarter earnings call. “We’ve probably gone through peak treasury company issuance,” Novogratz said. “The question now is which of the existing companies become monsters.”…
Japanese Bitcoin investment firm Metaplanet filed a shelf registration on August 1 to raise up to 555 billion yen ($3.6 billion) through perpetual preferred stock issuance. This marks its most ambitious financing plan to support the acquisition of 210,000 Bitcoin by 2027. The company simultaneously proposed amendments to increase authorized shares to 2.72 billion and…
Windtree Therapeutics has secured up to $520 million in funding to establish one of the largest corporate BNB treasuries, joining a growing wave of public companies diversifying their reserves beyond Bitcoin and Ethereum into alternative cryptocurrencies. The biotechnology company entered a $500 million equity line of credit agreement alongside an additional $20 million stock purchase…
The Smarter Web Company has purchased an additional 225 Bitcoin for £19.6 million ($26 million), bringing its total holdings to 1,825 BTC worth approximately $216 million as corporate cryptocurrency treasuries continue expanding across global markets despite recent volatility. The London-listed technology company acquired Bitcoin at an average price of £87,096 ($118,076) per coin, achieving a…