BitMine Adds 102K ETH as Strategy Buys 3,273 BTC
$321.5M of BTC and $236M of ETH landed on public-company balance sheets last week even as DEX volumes and stablecoin liquidity went the other way — the bid is corporate, not retail.
Crypto business news — institutional moves, funding rounds, payments, partnerships, and country-level adoption.
$321.5M of BTC and $236M of ETH landed on public-company balance sheets last week even as DEX volumes and stablecoin liquidity went the other way — the bid is corporate, not retail.
The thesis is that GPU cloud economics eventually dwarf hash-rate margins — but the transition costs the miner its core cash flow identity along the way.
The $10M Foresight Ventures injection and a CEO swap to a media-and-tech operator signal The Block's institutional-research and data-services bet against a tougher ad market.
Bitmine now holds roughly 4.21% of all ETH in circulation and stakes the majority of it — a balance-sheet commitment that makes the corporate-treasury-accumulation story structural, not opportunistic.
Michael Saylor's Strategy added 3,273 BTC last week at $77,906, pushing the corporate treasury to 818,334 BTC worth $63.58B and an unrealized gain of $1.76B.
Fundstrat's Tom Lee-backed Bitmine acquired another 101,901 ETH — roughly $236 million — last week, bringing its total…
The latest $255M addition lifts Strategy's stack to 818,334 BTC at a $61.81B cost basis, with the average purchase price now $75,537 as bitcoin trades near $77,900.
Michael Saylor's Strategy has acquired an additional 3,273 bitcoin, continuing the systematic accumulation campaign…
Michael Saylor's Strategy has acquired 3,273 Bitcoin for approximately $255 million, continuing its pattern of…
South Korea's KBank has entered a partnership with Ripple to improve international money transfers, bringing…
Strategy has acquired a further 3,273 BTC at a total cost of $255 million, bringing its aggregate holdings to 818,334…
KBank is the sole banking rail behind Upbit, the country's dominant exchange — a PoC that scales past sandbox is the regulatory case for XRP in Asia's most-watched market.
One amendment is just one amendment — but with $74B+ of US spot Bitcoin ETF assets still tied to Coinbase in some custody role, even small diversification moves start to read as signal.
A $9B-a-year remittance incumbent choosing Solana for its first dollar token is the legitimizing flow the network's been waiting for — and the first real challenge to SWIFT on retail corridors.
The 175-year-old remittance giant is planting a flag on $SOL with USDPT, a dollar stablecoin that lands alongside its digital asset network and US-dollar stable card push.
Binance founder argues institutional money has crowded headlines but not the niche sectors where individual builders can still find an edge — especially as AI agents lean on blockchain rails.
The token has now lost more than 97% of its value over the past year and trades around $2.60 — a fraction of its January 2025 peak above $75 — as on-chain data shows attendees dumping holdings…
The structural bet is bigger than the headline: cross-margining spot and derivatives cuts capital needs 10–20%, and Coinbase is staking the claim before Wall Street builds — or rents — its way in.
Strategy has surpassed BlackRock's spot Bitcoin ETF, IBIT, in total BTC holdings — a notable milestone that underscores…
Tempo's partner list now reads like a who's-who of fintech — Deutsche Bank, Visa, Shopify, OpenAI, Revolut — and DoorDash's marketplace is the first real test of whether stablecoin rails can carry…