Bitcoin Treasury Grows As Capital B Makes Strategic Acquisition: Bullish Mark...
With Bitcoin’s price above the $115,000 level and gradually moving towards its all-time high, it appears that accumulation among retail and institutional investors is still heavily ongoing. An area where this notable accumulation is widely present is the BTC treasury strategy, which many big companies are significantly adopting. Large Institutions Still Doubling Down On Bitcoin […]
Related News
Amid a challenging period for the XRP price, which has seen a decline of 24% over the last two weeks, Ripple Labs, the blockchain payment company, has announced plans to raise at least $1 billion for a major XRP purchase, intended for the establishment of a new digital asset treasury (DAT). Ripple Plans Largest Fundraising Effort According to sources cited by Bloomberg, the capital will be managed within this new treasury, and Ripple plans to utilize a special purpose acquisition company (SPAC) to facilitate the fundraising. Additionally, the company will contribute some of its own XRP....
On Thursday, Ripple, the company behind the XRP cryptocurrency, announced a significant step forward in its growth strategy with the $1 billion acquisition of GTreasury, a leading player in treasury management systems. Ripple’s GTreasury Deal The acquisition of GTreasury marks a pivotal expansion for Ripple, granting it immediate access to the multi-trillion dollar corporate treasury […]
Institutional capital isn’t just tiptoeing around Ethereum anymore; it’s stomping in. BitMine, a heavyweight in digital asset mining, has officially expanded its Ether treasury to a massive $10.7B following its latest strategic acquisition. This purchase marks a pivotal shift in market structure, moving beyond simple speculation toward genuine balance sheet fortification. The timing is critical. […]
Sanctor Capital, a thesis-driven venture firm, is pleased to announce its strategic investment in Rainicorn, to support its ongoing development of a highly-anticipated play-to-earn trading card game, The Lords of Light. This is one of the investments for Sanctor Capital under their newly announced inaugural $20 million fund focused on GameFi. Raini has pioneered an […]
One of the world’s oldest crypto companies, Blockchain.com, has acquired SeSocio, a crypto company based in Argentina. Both parties announced it on their respective blogs on Tuesday. According to the announcement, this is Blockchain.com’s “largest acquisition to date,” although it did not disclose the amount. With its acquisition of one of the largest cryptocurrency businesses in Latin […]