Read digital asset treasury news covering corporate Bitcoin strategies, token reserves, treasury management, and balance sheet adoption.
Strategy spent $25 million on preferred shares below $100 and still has $975 million available for further repurchases.
Oluwapelumi Adejumo 5 min read 
The company still held 1,514 BTC and $45 million of debt on July 10 as it moved capital toward two separate infrastructure investments.
Voluntary sales removed KULR’s collateral risk and Smarter Web’s near-term maturity and 7.7 million potential shares.
Strategy’s -11.34% BTC Floor ARR models whether its $18.993 billion obligation base remains covered through a multiyear Bitcoin decline.
Debt, preferred payouts, and refinancing deadlines are turning corporate Bitcoin reserves into future market supply.
The $11.7 million convert vanished, leaving a simpler capital stack and a tougher test for replacement funding.
Ethereum Tower can keep its 2% interest and may elect continuing fees or a formula-based payment after a covered termination.
Raphael Zagury inherits a large Bitcoin balance sheet and a mandate to prove it can support a durable business.
The Tom Lee-led company added just 7,430 ETH last week as it diverted about $86 million to buying back its own shares.
