A $10B Firm Makes Bitcoin Its Primary Treasury Asset
Stone Ridge Holdings Group announces $50 million in new funding for its digital asset subsidiary as well as significant BTC treasury holdings.
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Digital asset treasury firm Avalanche Treasury Co., a part of the Avalanche (AVAX) ecosystem with a special relationship with the Avalanche Foundation, today announced a partnership with the Mountain Lake Acquisition Corp. Avalanche Treasury Firm To Buy $1 Billion Worth Of AVAX According to an official announcement made earlier today, Avalanche Treasury Corp. is set […]
Ripple is currently on the heels of Ethereum as more XRP treasury companies emerge. This follows Evernorth’s announcement that it plans to raise over $1 billion, which it will use to buy XRP as its primary reserve asset. 11 XRP Treasury Companies Now In Existence Crypto researcher BD revealed in an X post that there […]
According to a recent report, the world’s largest stablecoin company, Tether, and a partner firm are looking to raise capital for a digital asset treasury company that would accumulate its tokenized gold. Tether To Launch Digital Asset Treasury Firm With XAUT: Report On Friday, October 3rd, Bloomberg reported that Tether and financial services firm Antalpha […]
XRP treasury firm Evernorth’s CEO, Asheesh Birla, has explained how his company differs from other digital asset treasuries (DATs). He stated that they intend to actively generate yields for investors as soon as they list on the Nasdaq under the ticker ‘XRPN.’ Evernorth CEO Comments On How The XRP Treasury Company Stands Out During an […]
Falconedge, a newly established hedge fund advisory firm that emerged from Falcon Investment Management, has revealed a new strategy among publicly traded companies: to allocate nearly all of the proceeds from its upcoming initial public offering (IPO) to building a Bitcoin (BTC) treasury. Bitcoin-Focused IPO Strategy On Wednesday, the firm’s announcement disclosed that Falconedge’s leadership views Bitcoin not merely as a hedge against inflation but as a cornerstone asset for institutional treasury management. By emphasizing Bitcoin as a primary reserve asset, the firm aims to scale....