Read digital asset treasury news covering corporate Bitcoin strategies, token reserves, treasury management, and balance sheet adoption.
The Tom Lee-led company added just 7,430 ETH last week as it diverted about $86 million to buying back its own shares.
The company’s quarterly BTC Yield and BTC Gain turned negative after its share count rose while its 843,775-Bitcoin balance remained unchanged.
Across its first five buybacks, B HODL added 24% more gross Bitcoin per share for every pound spent than a direct BTC purchase would have.
BTC PREF is expected to begin trading July 20, with any discount to SEK 120 lifting the indicated cash yield above 10%.
Tom Lee’s company plans to limit further accumulation while funding infrastructure that could expand Ethereum’s role in tokenized finance and artificial intelligence.
The vote pits Satsuma’s future as a listed Bitcoin treasury company against a cash exit that could leave former convertible-note investors with vastly different recoveries.
Orange Juice plans to acquire profitable American businesses and direct part of their retained earnings toward permanent Bitcoin accumulation.
Staking generated nearly all quarterly revenue as the company issued billions of dollars in stock to finance a treasury sitting $8.2 billion below cost.
Empery disclosed two February calls, but missing collateral balances and trigger ratios make it impossible to rank which treasury is closest to another lender demand.
