bitcoin treasury companies
Strategy Buys $370M in Bitcoin, But Only 61% of What It Raised
Strategy raised $602.8 million last week. Bitcoin got $369.7 million of it. The rest went to three other places, and that split is the more interesting part of the filing. The First Bitcoin Purchase Since June 22 Strategy Inc. (Nasdaq: MSTR) disclosed in a Form 8-K filed August 31 that it bought 4,603 BTC for…
Strategy Faces MSCI Index Exclusion Again, This Time Asset-Neutral
Strategy has been here before. In October 2025, MSCI proposed excluding bitcoin treasury companies from its indexes and the market wiped out $190 billion in leveraged positions inside 48 hours before the index provider backed down in January. This month MSCI came back with a different rule that reaches the same companies anyway. MSCI’s New…
Neptune Digital Assets Sells Free Ionic Digital Shares for $234,000
A Vancouver crypto holding company just turned a free stock windfall into over two hundred thousand dollars without spending a cent to acquire it. In Toronto, a fintech company that posted its first-ever profitable quarter this spring just raised its own revenue forecast by up to $30 million, based on a single month of sales.…
Strategy’s $8.22B Loss and Coinbase’s Record Market Share
Strategy and Coinbase reported second-quarter earnings within hours of each other on July 30. Strategy’s loss ran into the billions, almost entirely a paper markdown on bitcoin it has no plans to sell. Coinbase’s loss was smaller and came with a record trading-volume market share attached. Both stocks fell anyway. Strategy Posts an $8.22 Billion…
FinWise Bancorp Q2 Profit Falls 22% After Tallied Technologies Buy
A bitcoin miner born out of one of crypto’s ugliest bankruptcies just staged the biggest direct listing Nasdaq has seen in five years. Two days later, a small Utah bank holding company reported its profit fell by more than a fifth, undercut in part by the very acquisition it made ten days earlier to bring…
Strategy Scraps mNAV as Clarity Act Misses Its Senate Deadline
Three separate clocks are running out this week. Senate Majority Leader John Thune now says the Clarity Act won’t make it through the Senate before the August 7 recess. Strategy tore up the formula it has used for years to explain its bitcoin holdings to shareholders. Coinbase confirmed it will report earnings the same day…
Twenty One Capital CEO Jack Mallers Resigns as PowerCompute Rebrands From LM Funding and BIGG Digital Assets Launches Crypto Lending
A microcap Bitcoin miner worth less than two million dollars just erased its own name from the stock market and started over under a new ticker. The CEO of a multibillion-dollar Bitcoin treasury company walked out the same morning a headline three-way merger collapsed. The stock hit a record low by lunch. In Vancouver, a…
Trump Meeting Fails to Break Clarity Act Deadlock, Strategy Sets BTC Terms
President Trump sat down with senators Thursday to break the Clarity Act’s ethics deadlock. Strategy’s chief executive went on Bloomberg TV and tied the company’s next bitcoin purchase to a preferred stock hitting a price it has not reached since April. Both are still unresolved as this goes to print. Trump-Senate Meeting Ends Without a…
