KULR Technology Group has exited Bitcoin mining, repaid its Coinbase debt, and begun promoting its BTC holdings because the battery know-how company shifts capital again towards its core enterprise. The retreat marks a pointy reversal from the Bitcoin accumulation strategy KULR launched in late 2024, which allowed as much as 90% of surplus money to…
Strategy faces a renewed risk of elimination from main MSCI fairness indexes underneath a broader screening proposal that might set off an estimated $2.8 billion in passive promoting. MSCI opened a session this month on guidelines designed to establish “non-operating corporations” by means of their monetary statements. The agency famous that making use of the…
Bit Digital funded the majority-owned AI infrastructure firm WhiteFiber with out promoting Ethereum or issuing new shares, however the route added a new dependency to its crypto treasury. Galaxy Digital lent Bit Digital $50 million in a borrowing related to 49,000 pledged LsETH, and Bit Digital individually turned a lender to WhiteFiber. The firm said…
Multicoin Capital has exited its disclosed stake in Forward Industries, the largest Solana treasury company, in accordance with SEC filings. The crypto funding agency had been one in every of the three lead buyers, alongside Galaxy Digital and Jump Crypto, behind the $1.65 billion financing that launched Forward’s Solana treasury technique in September 2025. The…
GameSquare Holdings reported stronger second-quarter operations alongside a $7.83 million crypto-linked accounting loss. The gaming and creator-economy firm ended June with $2.1 million in cash and $12.1 million of present promissory notes payable, making the provision of GameSquare crypto holdings central to the liquidity image. The firm’s Aug. 12 earnings exhibit listed 15,080.51 ETH at…
FG Nexus has deserted its Ethereum treasury technique lower than a 12 months after launch, redirecting its focus towards actual property improvement. In an Aug. 12 SEC filing, the Nasdaq-listed service provider financial institution disclosed that it offered all of its digital belongings earlier than June 30 and held no cryptocurrency at quarter-end. FG Nexus,…
Metaplanet moved over 5,000 Bitcoin (price about $322 million) this week, triggering market hypothesis that the agency is perhaps liquidating a portion of its company reserves. On Aug. 12, CEO Simon Gerovich shut down the rumor and explained that the switch was a routine custody operation, with no Bitcoin bought and whole holdings unchanged at…
Solstice introduced a tranched product constructed on Strategy’s Bitcoin-related STRC most popular stock, and stated its senior tranche wouldn’t start absorbing losses till STRC trades beneath $47.66. STRC at present trades close to $95.315, placing that threshold roughly half of at present’s market price and about 52% beneath the safety’s $100 par worth. Solstice COO…
Zcash treasury agency and Leap Therapeutics proprietor, Cypherpunk Technologies, reported $39.4 million in second-quarter web earnings, reversing a $16.6 million loss a yr earlier. Cypherpunk recorded a $4.7 million operating loss, whereas a $46 million unrealized gain on its ZEC treasury drove the change in its backside line. Research and growth expense accounted for $0.2…
Bitcoin miner HIVE Digital Technologies missed the Aug. 10 deadline for its quarter-ended-June 30 Form 10-Q at the same time as preliminary income climbed to roughly $79 million. In an Aug. 11 late-filing discover, the agency mentioned the delay relates solely to the accounting and disclosures for contested Swedish value-added tax assessments, and that it…