
Adam Back’s Bitcoin treasury deal died, but its $15M obligation did not
The public Bitcoin treasury structure is gone, while two 2026 payments carry a narrow seven-day release condition.
Follow crypto deals, acquisitions, funding rounds, strategic tie-ups, and major transactions shaping the business side of digital assets.

The proposed BankWyse acquisition requires fresh closing finance while Datavault's going-concern warning remains unresolved.

HIVE must complete a massive Nvidia buildout before most of the contract can start generating revenue.

The new term opens 60- and 90-day cure paths, followed by possible exclusions and up to 12 months of payments.

Legal ownership can pass at closing, while the public agreements disclose no collateral, guarantee or escrow.

The PIPE’s Oct. 10 outside date lands 21 days before the notes mature, with $9.2 million of June liquidity.

Oxbridge supplied $744,623 to T20 and T42 while third parties provided $37,143, and filings do not disclose the purchaser mix for three HCI-linked placements.



