Tom Lee Says Bitmine Will Stop Buying ETH at 5% of Supply
Bitmine is approaching the end of one of the largest corporate ethereum accumulation campaigns on record. Chairman Tom Lee says the company will stop buying once it reaches 5% of…
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Uphold Lists Evernorth’s XRPN Stock, Expanding XRP Treasury Access
Uphold has listed Evernorth’s XRPN stock, giving eligible U.S. investors another way to access an XRP-focused business. The company entered public markets with approximately 473 million tokens and plans to…
Ripple-Backed Evernorth Eyes $132M Funding Amid XRP Buying Plans
Evernorth plans to raise capital to buy more XRP, while existing warrants could provide up to $132.2 million in additional funding. Its latest prospectus details the cash investments and token…
Another Crypto Treasury Waves the White Flag as SkyAI Liquidates Its SOL
On Monday, Melville, New York-based SkyAI, a publicly traded U.S. fintech and digital asset treasury firm, announced its complete exit from solana (SOL) and unveiled an ambitious share buyback initiative…
Bitmine Boosts Ether Holdings as Tom Lee Blames AI Fears for Crypto Dip
Bitmine Immersion Technologies has added another 12,535 ether to its corporate treasury, extending its uninterrupted weekly buying streak as the company approaches its ambitious goal of controlling 5% of Ethereum’s…
Bastion Opposes SkyAI Tender After 70% of Solana Treasury Sold
Bastion Trading, which owns about 9.99% of SkyAI, is opposing the company’s planned $3-per-share tender offer and questioning the sale of roughly 70% of its solana treasury. The investor wants…
Evernorth to Deploy 473M XRP With Ripple, Coinbase, Kraken and Bitgo
Newly public Evernorth is preparing to deploy its 473 million XRP treasury through institutional strategies with Ripple, Coinbase, Kraken, and Bitgo. Nasdaq-Listed Evernorth Activates 473M XRP Treasury Evernorth is wasting…
Solana Treasury Firm SkyAI Plans $201M Share Buyback After SOL Sale
SkyAI plans to buy back as much as 95% of its outstanding shares and warrants for $3 each, using cash and proceeds from selling solana. The move comes after the…
Evernorth Hits Nasdaq With 473 Million XRP as XRPN Trading Begins
Evernorth began Nasdaq trading today, giving stock market investors access to a company built around an actively managed XRP treasury. The listing brings approximately 473 million XRP into a publicly…
Bitmine Surpasses 6M ETH, Closing In on 5% of Ethereum Supply
Bitmine Immersion Technologies is closing in on a staggering prize: ownership of 5% of Ethereum’s entire ether supply. The company disclosed on Monday that its treasury now holds 6.03 million…
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