Company

Strive Asset Management to Go Public, Launch Bitcoin Treasury Strategy With Merger

Shares of tech company Asset Entities (ASST) rose 194% on Wednesday after it announced that Strive Asset Management was merging with the NASDAQ-listed company to become a publicly traded Bitcoin (BTC) Treasury Company. The deal, structured as a …

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Circle Wins Regulatory Nod From Abu Dhabi Watchdog as USDC Hits $62B

Circle, the issuer of the second-largest stablecoin, USDC, said it received in-principal regulatory approval from Abu Dhabi, paving the way for an expansion across the Middle East. The Financial Services Regulatory Authority (FSRA) of Abu Dhabi …

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Solana Buying for Balance Sheet Gains Momentum as DeFi Development Raises Holdings to $48M

DeFi Development Corp (JNVR), formerly known as Janover, added another $9.9 million in Solana’s SOL to its corporate treasury, pushing total crypto holdings to 317,273 SOL or about $48 million, the company said on Wednesday. The purchase, made …

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Ex-Valkyrie CEO Leah Wald’s SOL Strategies Bought 24,000 SOL in March

SOL Strategies (HODL), a Canadian company running infrastructure on the Solana network, revealed it acquired 24,000 SOL tokens in March at an average cost of about C$199 ($139.8) each. The purchase, worth around $3.37 million, brought the firm’s …

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OKX Fined $1.2M by Malta for Breaching Money Laundering Rules

OKX’s Europe company—also known as OKCoin Europe, a subsidiary of crypto exchange OKX—was fined 1.05 million euros ($1.2 million) by Malta’s financial watchdog on Thursday for breaching the country’s money laundering rules. The Financial Intelligence …

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GameStop Bitcoin Pivot Spurs Social Media Chatter as Stock Soars 16%

Shares of GameStop (GME) traded 16% higher on Wednesday after the company announced that it would start buying bitcoin (BTC) to add to its balance sheet. The gaming retailer reported holding $4.8 billion in cash during its fourth-quarter earnings on …

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KBW Starts Strategy Coverage With Outperform, Says Firm Offers Leveraged Bitcoin Exposure

The stock could be eligible for S&P 500 index inclusion evvel it adopts updated FASB accounting standards, the report said.

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Smart Valor Is Conducting a Strategic Review That May Lead to Sale of the Company

Bids for the Swiss crypto firm are due by Jan. 24, people close to the process said.

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Stablecoin Giant Tether Enters Oil Trade by Financing $45M Middle Eastern Crude Deal

The USDT issuer is expanding in trade finance, seeking to carve out a niche in the $10 trillion ecosystem.

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MicroStrategy’s Ambitious $42B Bitcoin Acquisition Plan Is Not Without Risks, CoinShares Says

The company requires financing conditions to remain agreeable, and there needs to be continued investor demand for the firm’s convertible debt, the report said.

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