US Treasury and IRS quietly expand tax breaks for the ultrawealthy and crypto giants: NYT
Key Takeaways The US Treasury and IRS have issued new rules providing significant tax relief to large companies and wealthy…
Tag: Treasury
Bitcoin treasury bear market ‘gradually’ ending as renowned short seller closes MSTR/BTC position
Renowned short seller James Chanos has officially closed his $MSTR/Bitcoin hedged trade after 11 months, marking an end to his…
Cathie Wood’s ARK Invest acquires 240,507 shares of Ether treasury firm BitMine on Nov. 6
Key Takeaways Ark Invest purchased 240,507 shares in BMNR, a company focusing on an Ethereum treasury strategy. The purchase was…
How Evernorth Plans to Make XRP a $1-Billion Corporate Treasury Asset
Deal basics: Who’s involved, and what’s being built? Evernorth is a newly formed “digital asset treasury” whose core idea is…
Bitcoin treasury company Sequans moves 970 BTC to Coinbase Prime
Key Takeaways French semiconductor firm Sequans Communications deposited 970 BTC worth $111 million on Coinbase Prime on Tuesday. The company…
Are South Korean retail traders the only thing keeping Ethereum treasury companies alive?
Ethereum’s ongoing underperformance against Bitcoin has reignited debate over what’s holding the asset up, and who’s really behind its demand.…
Tokenized Crypto Treasury Companies Magnify Risks of Volatile Assets: Execs
Digital asset treasury (DAT) companies that tokenize their stocks on the blockchain compound the risks to investors and their own…
Tether seeks $200M for tokenized gold treasury vehicle
Key Takeaways Tether and Antalpha are seeking $200M for a digital-asset treasury focused on tokenized gold. The vehicle would stockpile…
Solana Co-Founder Warns on Quantum Threat to Bitcoin, Sees Stablecoins Driving US Treasury Shift
Solana co-founder Anatoly Yakovenko warned that advances in quantum computing could threaten the foundations of cryptocurrency security within five years,…
NAKA shares plunge 54% in a day, reinforcing investor exhaustion toward Bitcoin treasury companies
KindlyMD’s NAKA shares slumped to $1.28 on Sept. 15, down by 54% in the past 24 hours and over 90%…