Solana Company, a Nasdaq-listed SOL treasury beneath the ticker HSDT, acknowledged $2.512 million of staking income in the second quarter. But the rewards have been robotically restaked whereas the enterprise used an estimated $11.892 million of cash in operations, so staking didn’t itself provide the cash wanted to run the corporate. The filed results additionally…
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…
Gemini’s second-quarter income rose as its credit-card enterprise expanded. But the core exchange shrank, whereas working prices and losses remained above final yr’s ranges after a restructuring that lower about 200 jobs. The firm generated $45.5 million in total income, up from $33.3 million a yr earlier, in accordance with its Aug. 13 quarterly filing….
Securitize, a platform that points and providers tokenized securities, expanded the exercise flowing by way of its system within the second quarter, but Securitize’s income didn’t replicate that scale. Average tokenized property underneath administration reached $4.3 billion, up 16% from a 12 months earlier, whereas combination transaction quantity climbed 147% to $5.3 billion, in accordance…
Morgan Stanley Bitcoin Trust (MSBT) recorded a $66.8 million lower in internet property from operations throughout its first 85 days, even because the exchange-traded fund introduced in $371.1 million of gross share contributions in opposition to $5.26 million of redemption distributions. The belief’s first quarterly submitting exhibits creations dominated redemptions while Bitcoin fell. Redemption distributions…
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…
BitGo’s second-quarter earnings confirmed $4.329 billion of revenue, but virtually all of the gross sales generated by its largest enterprise line flowed again out as transaction costs. Revenue elevated 79.6% from a 12 months earlier, based on BitGo’s second-quarter earnings release. Yet the headline quantity can obscure the underlying economics: Digital Asset Sales generated $4.198…
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,…
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…