Multicoin builds ZEC position as privacy coin trade returns
The thesis flip — and the 1,500% year — matter more than the position size Tushar Jain refused to disclose, because Multicoin's 2019 critique of ZEC was one of the loudest in the space.
Institutional crypto activity — corporate treasuries, custody mandates, pension and endowment moves, and bank involvement.
The thesis flip — and the 1,500% year — matter more than the position size Tushar Jain refused to disclose, because Multicoin's 2019 critique of ZEC was one of the loudest in the space.
A $14.5B unrealized Bitcoin write-down buried a record GAAP loss even as the company's preferred-stock engine (STRC) scaled past $8.5B and bought through the drawdown.
A MiFID II book is the price of admission to EU bank balance sheets — and Taurus now joins OKX, Gemini and Kraken on the list, with MiCA and a deep bank client roster already in tow.
Bitmine, the investment vehicle associated with Fundstrat's Tom Lee, acquired 40,000 ETH worth approximately $94.68…
Accumulation across six venues over three weeks reads as over-the-counter desk rotation, not exchange churn — the kind of steady bid that tightens float on a thin-book token.
The company Saylor built as a leveraged bitcoin treasury is now outlining a path to pay shareholders by trimming the very asset on its balance sheet.
Michael Saylor said Strategy will 'probably sell some Bitcoin to fund a dividend,' framing the move as a deliberate…
Eighteen months of dividend coverage and a $12.54B Q1 net loss force the issue: the strategy that bought 818K BTC on credit now has to sell some of it to keep the model solvent.
The paper loss reflects the GAAP accounting on a 22% larger BTC stack, not a sale — but it lands as Strategy's equity trades far below its bitcoin holdings' market value.
The IPO disclosure is the headline, but the MoneyGram tie-up — folding 500,000 retail cash locations into Kraken's rails — is the structural move that could pull stablecoins into the underbanked…
Self-directed investors are routing around the wealth giant's 16,000-advisor network to buy MSBT, suggesting the retail bid for spot bitcoin exposure now runs wider than any single gatekeeper.
The $12.54B loss is a paper mark on 818,334 BTC, and Saylor kept buying through it — the Q1 print is largely priced in, the earnings call is the real catalyst.
DATs have absorbed a larger float-adjusted share of HYPE than comparable vehicles hold in BTC, ETH, SOL, or BNB — and HYPE is the only one trading at a positive mNAV, which keeps the buy-side…
The Binance SAFU Fund wallet accumulated 15,000 BTC — roughly $1.22 billion — in February at an average price of…
HYPE is the only DAT-tracked asset trading at a positive mNAV, meaning treasury vehicles can raise capital and keep absorbing supply without the dilution drag plaguing peers.
The 4.36M ETH staked through MAVAN turns BitMine into a public-market proxy for Ethereum's proof-of-stake economy — a recurring-revenue test, not a balance-sheet trade.
Brad Garlinghouse pushed back on the narrative that AI is a cost-cutting tool, telling an audience that Ripple is…
The pivot lands as a referendum on the treasury-trade thesis itself: bitcoin miners are bleeding BTC to fund AI pivots, and a Nasdaq-listed firm just pulled $485M out of the trade to chase the same…
It's a marquee Tier-1 bank writing a nine-figure cheque into a crypto-native market maker — a louder endorsement of the institutional pipe-trade than any single launch, and a direct bid on the…
Armstrong framed the 660-person reduction as the convergence of two forces: a down market and AI-driven productivity gains that let smaller engineering teams ship faster — but the move lands in a…