Interactive Strength (TRNR), a Nasdaq-listed fitness technology firm, is entering the digital asset space by launching what it describes as the first artificial intelligence-driven crypto treasury. The company plans to acquire $500 million worth of Fetch.ai’s FET tokens, according to a June 11 announcement. TRNR has started building its token position, backed by an initial […]
VivoPower has committed $100 million in XRP to Flare Network’s ecosystem in a bid to boost returns on its digital asset holdings, according to a June 11 statement. Through this move, VivoPower intends to leverage Flare’s on-chain protocols, including Firelight, to generate sustainable yield from its XRP reserves. The company plans to channel all earned
VivoPower commits $100 million in XRP to Flare Network Read More »
The Blockchain Group on June 10 won shareholder approval to raise more than €10 billion ($11 billion) for additional Bitcoin (BTC) purchases effective immediately, formalizing a proposal first aired one day earlier. During an ordinary and extraordinary general meeting, investors holding 39% of voting rights backed every resolution with support exceeding 95%, according to a
Trump Media & Technology Group has filed a Form S-3 with the U.S. Securities and Exchange Commission, registering 85 million securities related to its previously closed $2.44 billion Bitcoin treasury deal. The filing also includes a universal shelf registration, granting the company flexibility to issue additional securities in the future as part of a broader
Trump Media submits new SEC filing to purchase $2.3B Bitcoin reserve Read More »
Metaplanet has launched what it calls Asia’s largest equity raise dedicated to Bitcoin. According to CEO Simon Gerovich, the company is issuing 555 million shares through moving strike warrants in a ¥770.9 billion ($5.4 billion) capital raise. The firm has also acquired 1,088 BTC for ¥16.9 billion ($117.5 million), increasing its on-chain holdings to 8,888
Metaplanet’s ambitious $5.4B Bitcoin acquisition plan sets sights on 210k BTC Read More »
Tether has announced a strategic investment in Orionx, a digital asset platform operating in Latin America, according to a June 3 statement. The investment aims to accelerate the use of stablecoin-powered financial services across the region, particularly in underserved and inflation-prone economies. According to the statement, Orionx currently serves users in Chile, Peru, Colombia, and
Tether invests in Orionx to boost stablecoin use in Latin America Read More »
Changpeng Zhao, founder and former CEO of Binance, has urged companies adopting Bitcoin as a treasury asset to fully understand the risks involved with the top crypto. In a June 3 post on X, Zhao acknowledged that risk is an unavoidable part of doing business, but emphasized the importance of assessing and managing it properly. According
Binance founder CZ warns of Bitcoin treasury risks amid growing adoption Read More »
Tether and Bitfinex transferred 21,000 Bitcoins (BTC) to designated wallets on June 2, completing their agreed contributions to Twenty One Capital. Tether CEO Paolo Ardoino wrote that Bitfinex sent 7,000 BTC, while Tether Group moved 14,000 BTC. Furthermore, Tether moved 4,812.22 BTC as prefunding for Twenty One’s convertible-equity raise. The holdings matched a May 13
Tether, Bitfinex complete Bitcoin funding leg for Twenty One Capital with $2B transfer Read More »
Two heavyweight Bitcoin holders, Strategy (formerly MicroStrategy) and Metaplanet, have seized the latest market correction as a buying opportunity. As Bitcoin briefly fell near $103,000 towards the end of May, both companies bolstered their reserves with a combined purchase of nearly 2,000 BTC worth close to $200 million. Strategy buys 705 BTC Strategy disclosed on
Strategy and Metaplanet capitalize on Bitcoin correction with $200M acquisition Read More »
Top Win International Limited, now trading under the Nasdaq ticker SORA, announced two major strategic investments this week as it accelerates its pivot into Asia’s fast-growing digital assets market. The moves follow the company’s recent ticker change and come ahead of a pending rebrand to AsiaStrategy, as part of its merger with Sora Ventures, a
Top Win unveils strategic investments in Asian Bitcoin sector following Sora merger Read More »
