Bitmine adds another $136 million of ether after raising $274 million in preferred stock sale
Tom Lee’s Ethereum treasury firm, through the preferred stock sale, is using a financing tool pioneered by Michael Saylor’s bitcoin treasury firm Strategy.
Digital Asset Treasury
Saylor’s Strategy sold bitcoin for the first time since 2022. These firms are still buying
With Strategy breaking its accumulation streak and many peers stepping aside, the list of active digital asset treasuries has narrowed considerably.
Bit Digital bought $20 million ETH for first time since October before 15% plunge
The firm said it purchased 8,568 ether on May 11 at an average price of $2,334. Since then, ETH broke below $2,000, leaving the firm sitting at a $3 million unrealized loss.
Joe Lubin-backed Ethereum treasury firm SharpLink to join the Russel indexes
The inclusion could attract fresh passive inflows from index-tracking funds, while the firm’s stock tanked 95% from its peak over the past year.
Don’t call us just a WLFI treasury company, says AI Financial
The company says it is building a broader fintech, tokenization and digital infrastructure business, but its latest SEC filing shows WLFI still dominates the balance sheet.
Digital asset treasuries must now earn their keep
For treasuries to do so and stay competitive, Kiernan unpacks three broad strategies that are emerging.
Ethereum Foundation sells 5,000 ether to Tom Lee’s BitMine in $10.2 million deal
The funds will support the EF’s core operations, including protocol R&D and ecosystem grants, as part of a treasury strategy to balance ETH and fiat-like assets.
Asia Morning Briefing: ‘Just Buy a Bitcoin ETF’ — BTC Treasury Model Faces Reality Check
Crypto money managers warned that without a billion-dollar balance sheet or a clear framework for risk, most Bitcoin treasuries will struggle to stand out.
Joe Lubin’s SharpLink Boosts ETH Holdings to Nearly 800K, Raised $361M in Fresh Capital
The firm said it has roughly $200 million in untapped cash for further ETH acquisitions.
Crypto Giants Galaxy, Jump and Multicoin Seek $1B to Raise Largest Solana Treasury: Report
Digital asset treasuries have become all the rage recently, with many firms copying the strategy popularized by Michael Saylor’s bitcoin (BTC) holding firm Strategy.