Digital Asset Treasuries
One Bitcoin treasury just hit 20,000 BTC, but rapid share dilution meant investors ended up owning less of it
The filing shows 79 more BTC, 430,000 more effective common shares and an unresolved funding link.
Sentiment: Neutral
Latest stories
Analysis
New Cardano partnership promises to monetize your private data, but payouts likely start at just $1.25 a year
A German cooperative is using Cardano to make personal data sales and royalty payments independently auditable as the market heads toward $19 billion.
ETF
Schwab rebrands $232M crypto ETF with NLP buzzword without changing a single investment
STCE kept the same ticker, fee, objective and index while its largest holdings included miners and Trump Media.
Regulation
Federal court shields Kalshi and Polymarket from Minnesota’s felony crackdown days before deadline
KalshiEX and Polymarket US can keep serving Minnesota users while the merits and contract boundary remain unsettled.
Stablecoins
Circle is arming USDC with 1,000 IBM patents to secure its grip on global banking rails
USDC leads adjusted transaction volume, but Tether retains scale while OUSD targets Circle’s institutional economics.
Digital Asset Treasuries
Strategy hits a 5 week pause on Bitcoin, using $25M to quietly buy back its own discounted stock
Strategy spent $25 million on preferred shares below $100 and still has $975 million available for further repurchases.
DeFi
SEC warning over crypto yield vaults puts DeFi’s secret human controllers in the crosshairs
Why your crypto yield vault might actually be an illegal fund under SEC scrutiny.
Macro
Bitcoin’s $65,000 rebound looks like a relief rally, but Wednesday’s Fed decision could turn it into a trap
Bitcoin traders are dropping their guard just as an oil shock puts a surprise Fed rate hike back on the table.
ETF
Why Hashdex’s new crypto ETF keeps 100% of your initial staking yields and 40% of everything else
Provider fees come first; above the annual threshold, excess net staking income is split 40% to Hashdex and 60% to the trust.
AI
The brutal $346M math behind Galaxy’s high-stakes race to build CoreWeave’s Texas AI mega-center
Phase II handovers are expected to begin in 2027 as the project company takes on fixed cash costs.
Regulation
Lawsuit claims 3.8M dormant BTC using police lost-and-found rules as Congress races to stop it with CLARITY
New CLARITY language would shield dormant self-custodied Bitcoin from state lost-property claims based on inactivity alone.
Tokenization
How 10 cows in Brazil unlocked a tokenized path to bridge an $8 trillion global finance gap
Livestock tokenization could unlock formal credit for farmers in countries where titles, insurance, and collateral systems are barriers.