Read digital asset treasury news covering corporate Bitcoin strategies, token reserves, treasury management, and balance sheet adoption.
Strategy and Strive preferred shares plunged below par in June, but record trading and Metaplanet’s Japan plans show the market is still expanding.
Oluwapelumi Adejumo 7 min read 
A $1 billion stock facility is turning HYPE into a public market treasury trade while the filings warn about liquidity, unlocks, and validator risks still waiting for a real stress test.
CleanSpark's June update shows why headline Bitcoin holdings can be harder to read when coins are collateral, receivables, restricted balances, or already tied to treasury trades.
Strategy remains the center of STRC pressure, but Strive's disclosed holding turns preferred-stock discounts into a broader credit test for Bitcoin treasuries.
BitMine is 95% of the way to its 5% Ethereum supply target, pushing the debate from another treasury update into supply, staking, and equity market exposure.
Michael Saylor’s company sold Bitcoin to help fund preferred-stock payouts, testing a model built on years of accumulation.
New SEC filing ties a full BTC liquidation to debt repayment, collateral language, Nasdaq pressure and an AI pivot.
MSTR rose after the company unveiled a plan to defend its capital structure with cash reserves, higher dividends and possible Bitcoin sales.
For two years, buying more Bitcoin was enough to lift a treasury stock. Strategy's BTC Yield is now sliding, Metaplanet sits below the value of its coins, and Europe's new entrants are asking investors to fund them on terms nobody has priced yet.
