In brief DATs saw over $2.6B in inflows across two weeks, driven by the Fed rate cut and new FASB accounting rules allowing crypto gains to be booked as net income. The concentration in …
Treasuries
- NFT & Metaverse
Michael Saylor Hints at New Bitcoin Buy as Strategy Leads Treasuries
by adminby adminMichael Saylor has once again hinted that his company, Strategy (formerly MicroStrategy), may be preparing to buy more Bitcoin, even as corporate Bitcoin treasuries face mounting pressure from a sharp drop in net asset …
- Blockchain Research
Bitcoin Mining Stocks Outperform Bitcoin And Corporate Treasuries In Latest Market Rally
by adminby adminBitcoin’s corporate treasuries and bitcoin mining sector have become two of the defining narratives of this cycle. From (Micro)Strategy’s MSTR billion-dollar balance sheet buys to the rise of MetaPlanet and the explosive growth of …
- DeFi Market
Ripple spends $1bn to bring stablecoins to corporate treasuries – DL News
by adminby adminRipple has acquired GTreasury for $1 billion. The company provides treasury management services. In the US, the Genius Act has put stablecoins in the spotlight. Ripple just spent $1 billion betting that corporate treasuries …
- Web3 Technology
Corporate Bitcoin Holdings Jump to $117B as Firms Double Down on Crypto Treasuries
by adminby adminIn brief Public companies holding Bitcoin saw a 40% surge in the third quarter. These firms collectively hold over 1.02M BTC, valued at over $117 billion. Experts cite friendly policy and long-term strategy, forecasting …
Ripple’s $1 billion purchase creates RLUSD pathway into Fortune 500 treasuries
Ripple’s $1 billion acquisition of GTreasury marks a new step in its corporate expansion and a direct challenge to the stablecoin distribution problem. While Ripple USD (RLUSD) has shown an impressive 987% growth since …