Digital Asset Treasuries
How dumping 1,200 Bitcoin helped a cellular chipmaker completely erase its debt and double its cash
The chipmaker ended June with 314 unrestricted coins after sales helped erase convertible debt and lift cash to $21 million.
Sentiment: Neutral
Latest stories
ETF
BlackRock’s rare ETHA reverse split is about to make trading Ethereum 70 times cheaper than Coinbase
ETHA’s reverse split carries none of the usual delisting pressure and could instead improve its price profile and trading costs.
Mining
Bitcoin miners’ AI pipelines are on trial as Texas freezes 474 GW of data center requests
Texas and federal grid reviews could reprice Bitcoin miners’ AI pipelines based on secured power, financing and construction progress.
Hacks
Coldcard’s $130 million crisis is pushing Bitcoin back into Wall Street’s hands
Exchange reserves surged as users fled exposed wallets, while one analyst said spot ETFs could offer a simpler custody option.
ETF
After suffering a brutal $265 million mass exit, seven different Bitcoin ETFs simultaneously roar back to life
Seven funds took in cash with none negative, yet IBIT still supplied 65.5% of the Aug. 3 total.
Regulation
The crypto project trying to replace the US banking system just pulled its 10 trillion token filing
American CryptoFed withdrew Locke after staff found material failures in the filing behind its zero-inflation monetary experiment.
Bankruptcy
Bitcoin mining pool owes wallet users $163M, and its $52M Texas sale can still unravel next week
Poolin’s 11,700 wallet creditors still face separate debtor estates, competing claims, and court costs before any recovery can be calculated.
Price Watch
Bitcoin must clear $65,000 before Friday, or jobs data could turn $62,000 into a trapdoor to $60,000
Bitcoin faces a week of jobs data with $65,000 as the breakout level and $62,000 as the line protecting a slide toward $60,000.
Regulation
Corporate crypto accounts on HTX face a complete dead end with zero legal exit routes when EU sanctions strike on August 23
Covered dealings must end before the cutoff; later withdrawals require discretionary approval and a full exit from HTX.
ETF
Italy’s biggest bank just slashed its Bitcoin ETF call position by 99% to triple down on staked Ethereum
A 500,000-share-equivalent held put appeared in Q2, but the filing cannot reveal the bank’s net options exposure or motive.
Deals
Over 400 million locked XRP faces a quiet October deadline as the Evernorth SPAC takes a $135,000 lifeline
The SPAC draw is separate from Arrington’s conditional Oct. 19 termination point, while other subscriber dates remain undisclosed.
Digital Asset Treasuries
Trump Media’s 5,278 BTC vanishes from trackers after $165 million wallet move
Trump Media’s liquid Bitcoin treasury appears to have mathematically evaporated overnight, but here is why blockchain data doesn't equal a corporate sell-off.
