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Top crypto treasury companies Strategy and Bitmine add to BTC, ETH stacks

Top crypto treasury companies Strategy and Bitmine add to BTC, ETH stacks

The buys lift Strategy holdings to 717,131 BTC and Bitmine to 4.37 million ETH, expanding corporate crypto treasuries despite continued market weakness.

The Daily: Logan Paul sells previously tokenized Pokemon card for $16M, Gemini parts ways with top execs, Strategy’s latest bitcoin buy, and more

The Daily: Logan Paul sells previously tokenized Pokemon card for $16M, Gemini parts ways with top execs, Strategy’s latest bitcoin buy, and more

The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.

Abu Dhabi funds held over $1 billion of BlackRock’s Bitcoin ETF at end of last year

Abu Dhabi funds held over $1 billion of BlackRock’s Bitcoin ETF at end of last year

Mubadala Investment Company and Al Warda Investments owned over 20 million shares in BlackRock's BTC exchange-traded fund in Q4.

Macro headwinds test Bitcoin price as $70K crumbles amid US market volatility

Macro headwinds test Bitcoin price as $70K crumbles amid US market volatility

Bitcoin bulls’ attempt to break above $70,000 stalled after a key US macroeconomic “fear” metric broke a critical threshold. Is a revisit to BTC's yearly lows back in play?

Benchmark cuts Metaplanet target, says earnings show ‘promise and peril’ of bitcoin pivot

Benchmark cuts Metaplanet target, says earnings show ‘promise and peril’ of bitcoin pivot

Analysts say Metaplanet’s bitcoin-linked income business is becoming critical to funding expansion while avoiding forced BTC sales.

Trump filling Democratic seats at SEC, CFTC could advance crypto bill talks, TD Cowen says

Trump filling Democratic seats at SEC, CFTC could advance crypto bill talks, TD Cowen says

"This would ensure Democrats could immediately control those agencies if they win the 2028 presidential election," TD said.

Tom Lee Expects 'Defining Year for Ethereum' as BitMine Buys ETH Amid 'Rock Bottom' Vibes

Tom Lee Expects 'Defining Year for Ethereum' as BitMine Buys ETH Amid 'Rock Bottom' Vibes

BitMine Immersion Technologies is sitting on a nearly $8 billion unrealized loss, but Tom Lee remains optimistic about Ethereum.

Nakamoto to acquire BTC Inc, UTXO in $107M all-stock deal

Nakamoto to acquire BTC Inc, UTXO in $107M all-stock deal

Nakamoto will acquire BTC Inc and UTXO in an all-stock deal, consolidating Bitcoin media, events and asset management under one Nasdaq-listed company.

David Bailey’s Bitcoin treasury play Nakamoto acquires BTC Inc and UTXO Management

David Bailey’s Bitcoin treasury play Nakamoto acquires BTC Inc and UTXO Management

David Bailey's bitcoin treasury company Nakamoto has agreed to acquire two other David Bailey-related companies, including BTC Inc.

Gemini post-IPO shakeup sees exit of three top executives

Gemini post-IPO shakeup sees exit of three top executives

The exchange's chief legal officer, chief operating officer and chief financial officer are out and Cameron Winkelvoss will take on more responsibilities.

Crypto custodian BitGo a potential acquisition target for Wall Street firms, analysts say

Crypto custodian BitGo a potential acquisition target for Wall Street firms, analysts say

Compass Point and Canaccord call BitGo a potential acquisition target and defend the stock despite its weak debut, citing growth in institutional crypto infrastructure.

South Korea lifts 9-year corporate crypto ban: What the policy change means

South Korea lifts 9-year corporate crypto ban: What the policy change means

South Korea reopens crypto to corporations with strict caps and asset limits. This is part of a broader strategy that includes stablecoin legislation and potential spot crypto ETFs.