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Showing posts with the label treasury

SharpLink Buys the Dip and Adds $100M-Worth of $ETH to its Treasury as $BEST Stands to Gain

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This Australian Investment Manager Just Added Bitcoin To Its Treasury, Here’s How Much BTC They’ve Bought

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Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer ...
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Metaplanet wants to boost its Bitcoin holdings to 10,000 in 2025

Metaplanet started buying Bitcoin in May 2024 as a strategic treasury reserve The Tokyo-listed company currently holds 1,761.98 Bitcoin It saw its Bitcoin yield reach 310% between October 1, 2024 to December 23, 2024 compared to 41% between July 1, 2024 to September 2024 Metaplanet is on a mission to boost its Bitcoin holdings to 10,000 in 2025 while leveraging its partnerships to boost Bitcoin adoption worldwide. In a post on X, Simon Gerovich, CEO of Metaplanet, said that the Tokyo-listed company is aiming to “expand our Bitcoin holdings to 10,000 BTC by utilizing the most accretive capital market tools available to us.” Reflecting on its 2024 performance, Gerovich highlighted that the company “broke records, expanded our Bitcoin treasury, and reinforced our position as Asia’s leading Bitcoin treasury company.” Happy New Year to Our Valued Shareholders! As we step into 2025, I couldn’t be more excited about what lies a...
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Tether treasury’s $60m transfer to whale sparks scrutiny

Lookonchain, a web3 data Analysis tool that tracks whale activity, shared a post on X that one fund or institution had secured $60 million in USDT from the Tether Treasury. This brings the total to $1.76 billion USDT received from Tether Treasury and subsequently funneled into exchanges since Oct. 20. As part of the post, Lookonchain puts these numbers into perspective, highlighting the sum is enough to acquire 44,000 Bitcoin (BTC) at an average price of $40,000. The mysterious fund/institution received 60M $USDT from #TetherTreasury again 2 hours ago. This fund/institution has received a total of 1.76B $USDT from #TetherTreasury and transferred to exchanges since Oct 20. The 1.76B $USDT can buy 44K $BTC at an average price of $40,000. pic.twitter.com/POIWCHo3Gg — Lookonchain (@lookonchain) December 8, 2023 On Nov. 22, Lookonchain also reported significant Tether treasury transactions, revealing that Tether Treasury had recently minted an additional $1 billion. The tweet...
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