Strive proposes $150 million preferred stock sale to repay debt, buy bitcoin
The capital raise will support balance sheet restructuring and the company’s bitcoin strategy.
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'White Whale' memecoin slides 60% after top holder dumps $1.3 million
A major holder’s exit sent White Whale sharply lower on Monday, with the project calling the move a “liquidity event.”
BitMine’s $200 million MrBeast investment seen as strategic diversification: B. Riley
The investment gives BitMine exposure to consumer media and potential DeFi revenue streams, strengthening its treasury strategy beyond ether accumulation.
BitMine expects $400 million income on ether holdings, bet on MrBeast could '10x'
BitMine Chair Tom Lee told investors that the company could generate over $400 million income on its $13 billion worth of ether holdings, primarily via staking.
Asset manager VanEck explains how one bitcoin could be worth $2.9 million by 2050
The asset manager’s base case assumes bitcoin gains traction as a settlement tool and reserve asset over the next 25 years.
$250M pulled from Lighter 24 hours after $675 million token airdrop
Onchain data from Bubblemaps revealed that roughly $250 million was withdrawn from decentralized perpetual exchange Lighter after it airdropped $675 million worth of LIT on Tuesday. In an X post, Bubblemaps questioned whether “all the (yield) farmers were leaving?” It also noted that Lighter users… Read More