Business

In brief Coinbase reportedly learned of a data breach tied to outsourcing company TaskUs in January. Rogue TaskUs employees have been accused of leaking customer info for bribes. Hackers demanded $20 million in Bitcoin from Coinbase, which the company refused. Coinbase was made aware in January of a customer data breach involving its third-party contractor […]

In brief Strategy is seeking to raise $250 million through preferred stock shares. The shares that pay a 10% dividend will be used to buy Bitcoin and cover working capital needs. Last week, the company acquired 705 BTC for $75 million, increasing total holdings to 580,955 BTC. Strategy, formerly MicroStrategy, announced plans Monday to raise

In brief Circle boosted the number of shares it plans to sell during its IPO, and the anticipated price of those shares, in a new SEC filing. Based on such figures, the company is now targeting a $7.2 billion fully diluted valuation. Just weeks ago, Ripple reportedly failed to buy Circle after offering to pay

In brief Strategy said that it recently acquired Bitcoin worth about $75 million. The Tysons Corner, Virginia firm holds more than $60 billion in Bitcoin. Strategy also said that it sold $74 million worth of preferred stock through an at-the-money offering program. Strategy, formerly MicroStrategy, said on Monday that it had recently purchased $75 million

In brief Canary Capital filed with federal regulators to offer a Cronos ETF to investors in the U.S. The application is the latest of dozens of proposals that aim to track the price of altcoins. Trump Media & Technology Group is also aiming to launch ETFs in partnership with Crypto.com. Crypto asset manager Canary Capital

In brief Trump Media closed a $2.4 billion sale Friday of stock and convertible notes that it will use to fund a Bitcoin treasury. The funds will be used to buy up BTC and for “other general corporate purposes and working capital.” The president’s media company has aggressively expanded into crypto via several initiatives in

Photo: T. Schneider Key Takeaways Stripe is in early talks with banks to explore stablecoin integration for future payment solutions. The move highlights the growing significance of stablecoins in global payment systems and digital asset management. Share this article Stripe is already talking to banks about how they might use stablecoins for global payments, co-founder

How do you save an ailing publicly traded company in 2025? One answer, and an increasingly popular one at that, is: pivot to crypto—or more specifically, become a crypto treasury company. The previously unknown online gambling marketer SharpLink Gaming did just that earlier this week, when it announced it had raised $425 million in investment

Crypto exchange Coinbase has signed a lease for office space in San Francisco’s Mission Rock development, marking the crypto exchange’s return to the city after abandoning its headquarters model roughly three years ago. The move is based on a deal Coinbase secured for a 150,000 square foot spot at 1090 Dr. Maya Angelou Lane, and

In brief PSG has confirmed it holds Bitcoin on its balance sheet, becoming the first major sports club to treat BTC as a treasury asset. The move shows PSG’s strategy to align with its young global fanbase and marks a shift away from short-term crypto promotions like NFTs and fan tokens. Through PSG Labs, the