Governance
Digital Asset Treasuries
Down to its last $4,000 in cash, a crypto firm holding millions in Solana is seeking a loan to survive $1.5M debt
Borrowings reached £847,000 at period end, while an uncompleted lender switch is management’s preferred alternative to more asset sales.
Bankruptcy
Why 37 million Celsius bankruptcy shares are blocked from an immediate cash-out despite Nasdaq debut
IOND closed its first session at $62.90, while broker transfers and securities restrictions still shaped practical liquidity.
Earnings
SoFi reported 388,336 crypto products, but Q2 net transaction revenue only reached $1.2 million
The filing shows $134.267 million gross, $133.084 million in transaction costs, and no standalone crypto profit figure.
Derivatives
BitMEX wipes out 35 derivatives as exchange shutdown approaches with punishing post-closure fees
Public records show all listed contracts now have settlement prices; BitMEX’s next trading restriction begins Aug. 26.
Digital Asset Treasuries
A 90% shareholder rebellion just forced this public company to dump its entire Bitcoin treasury at a crushing £39,984 per-coin loss
Shareholders approved liquidation and delisting, but the record time fixes participation, not payment or court approval.
Bankruptcy
FTX’s $900M payout drops Friday, triggering 6-month countdown for creditors to onboard or forfeit funds entirely
Creditors who cleared June 16 requirements should be paid within three business days; allowed claim holders still awaiting provider onboarding may forfeit distribution rights.
Digital Asset Treasuries
How a $1.9 billion ‘Bitcoin reserve’ ended up in the top corporate rankings without buying a single coin
The tracker refreshed a roughly $1.9 billion valuation even though filings still describe the stack as closing-dependent.
Digital Asset Treasuries
BNB treasury company dumps its crypto manager after Nasdaq suspends its stock, leaving no one in charge of its treasury
The settlement changes nearly 2 million warrants while filings name no successor CIO or asset manager.
Market
Three key demand drivers stall at once, leaving Bitcoin’s $64,000 support to long-term holders
ETF outflows, softer perpetual buying and stagnant on-chain capital leave long-term holders carrying the immediate support test.
Digital Asset Treasuries
“There’s no free money forever”: Twenty One Capital’s new CEO warns the Bitcoin treasury playbook is dying
Raphael Zagury says mining and other cash-generating businesses could deliver better risk-adjusted returns measured in Bitcoin.
TradFi
Goldman Sachs notes tied to Strategy set to pay just 22 cents on the dollar at maturity
MSTR’s July 24 close indicates a $217 return per $1,000 note, pending GS&Co.’s final calculation.
Digital Asset Treasuries
Hyperscale Data sits on $71 million in Bitcoin with a $56 million market cap – Here is why its not a bargain
Historical liabilities, preferred claims, restricted crypto and prospective dilution stand between the gross asset value and common holders.
