Bitcoin, XRP draw Japanese firms as weak yen drives treasury diversification
Japanese companies are turning to bitcoin and XRP as a weak yen pushes them to diversify their corporate treasuries, according…
Tag: Treasury
US Strategic Bitcoin Reserve Stalls as Treasury and Commerce Battle for Control
Key Takeaways Treasury and Commerce are competing to house Trump’s bitcoin reserve of over 300,000 BTC, worth about $21 billion.…
BONK faces $20 million treasury drain after attacker spends $4 million to pass malicious proposal
The sequence began on June 30, when an anonymous wallet submitted a proposal to transfer the treasury’s holdings to a…
Tom Lee’s Bitmine grows ETH treasury to 5.74M tokens
Bitmine Immersion Technologies said its Ethereum holdings reached 5,742,237 ETH, bringing the company closer to its goal of owning 5%…
42,197 ETH Acquired as Bitmine Builds $11.1B Crypto Treasury While Strategy Sells
Key Takeaways Strategy sold 3,588 BTC on Jul. 5 to fund preferred stock dividends. Bitmine added 42,197 ETH, bringing holdings…
Bit Digital Posts $146M Q1 Loss as Ethereum Treasury Tops 155,000 ETH
Key Takeaways Bit Digital posted a $146.7M Q1 loss while expanding holdings to 155,444 ETH. Ethereum staking brought Bit Digital…
Treasury yields hit 12-month high, Bitcoin stalls
Treasury yields hit 12-month highs on May 15, pushing Bitcoin back toward $80,500 a day after the Clarity Act committee…
Treasury yields surge as inflation data points to tricky rates path
U.S. Treasurys spiked on Friday morning following a week of messy inflation data and as traders looked to price interest…
Strategy’s STRC hits $1.53B volume amid fresh Bitcoin treasury push
Strategy has recorded a new trading volume high for its STRC perpetual preferred stock, adding fresh attention to the company’s…
Bitcoin is still stuck below its 200-day average. Treasury yields may be the reason.
Rising yields may act as a headwind for assets like bitcoin and gold while potentially benefiting tokenized Treasury markets. www.coindesk.com…