Digital asset treasuries must now earn their keep
For treasuries to do so and stay competitive, Kiernan unpacks three broad strategies that are emerging.
Digital Asset Treasury
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.
Adam Back’s $2.1B Bitcoin Treasury Play Set to Challenge MARA in BTC Holdings
Bitcoin Standard Treasury Co.’s SPAC deal combines fiat financing and a bitcoin-denominated PIPE, aiming to debut on the Nasdaq with over 30,000 BTC and an aggressive growth plan.