Author: 行政

Rectitude Holdings’ $32.625 million financing intended mainly to fund Bitcoin purchases ended without producing shares or cash, according to the Singapore safety equipment supplier’s annual report filed July 30.The agreement was terminated on Oct. 9, 2025. That was 31 days after Rectitude publicly announced the plan, but 45 days after the company signed it on Aug. 25. Oct. 9 was also the facility’s preset outside date under the original Form 6-K.The facility gave Rectitude the option to sell shares to Constantinople Limited and Chen Zhiqiang at a 2.5% discount to a three-day pricing benchmark. Rectitude said most proceeds from any…

U.S. spot Bitcoin ETFs snapped a four-session losing streak on July 29 and finished the day with $32.1 million in net inflows.However, one fund did all the lifting. BlackRock’s iShares Bitcoin Trust ETF, or IBIT, pulled in $89.8 million, enough to cover the $43.1 million that left Fidelity’s Wise Origin Bitcoin Fund, or FBTC, and the $14.6 million that exited the ARK 21Shares Bitcoin ETF, or ARKB.July 29 U.S. spot Bitcoin ETF net flows ($ millions)FundNet flowBlackRock IBIT+$89.8 millionFidelity FBTC-$43.1 millionARK 21Shares ARKB-$14.6 millionAll other listed funds$0.0Total+$32.1 millionIBIT’s inflow exceeded the complex’s net result by exactly $57.7 million because the…

CleanCore Solutions, a cleaning-products and Dogecoin-treasury company pivoting into AI infrastructure, announced a Minnesota data-center venture whose operating company is a party to a 10-year colocation agreement with AI-compute company Cerebras.The estimated $800 million contract value comes with a $479 million project budget and up to $500 million in commitments from CleanCore, turning the customer win into an immediate capital test.CleanCore holds 79% of the joint venture. Its July 29 Form 8-K schedules a $40 million initial contribution as $25 million on the closing date and up to $15 million, based on budget needs, within four business days.Further calls can…

UK-based Supernova Digital Assets has built a multimillion-pound crypto treasury, but its latest accounts expose the strategy’s less glamorous constraint: cash.An unfinished lender switch now stands between the company and further token sales, making its reported SOL position a test of whether it can secure cheaper funding without letting liquidity needs dictate its treasury strategy.Supernova reported just £3,000 of cash against £1.132 million of current liabilities, including £847,000 of interest-bearing borrowings. The Solana-focused treasury company said replacement financing is its preferred route to limit further crypto sales.The unaudited results released July 30 showed total assets of £2.944 million and equity…

SoFi Technologies, the digital financial services company, reported 388,336 cumulative Crypto products as of June 30. Meanwhile, the company’s Q2 filing reported just $1.183 million of net crypto transaction revenue.The filed earnings release lists $134 million of crypto transaction revenue and $133 million of cost of crypto transaction revenue for the quarter. Their difference left about 0.88% of the gross revenue line as net transaction revenue.That percentage is not even a profit margin. The $1.183 million is simply the revenue line before broader operating expenses and other costs, and SoFi does not disclose a standalone crypto profit figure. Related ReadingMastercard…

On July 28, Ionic Digital, which acquired Celsius Mining assets after Celsius Network’s bankruptcy, began trading on Nasdaq under the ticker IOND. The direct listing created a public market for existing Class A shares, including shares issued in connection with the Celsius bankruptcy plan, but it did not automatically let every holder of creditor-linked stock sell. Related ReadingCelsius distributes $2.53 billion, some creditors leave funds unclaimedIonic Digital, a new Bitcoin mining company borne out of Celsius bankruptcy, said it has energized a facility in Texas. Aug 27, 2024 · Oluwapelumi Adejumo Because this was a direct listing, Ionic sold no…

Bitcoin briefly topped $65,000 on Thursday after US economic growth fell short of forecasts.Data from CryptoSlate show the largest cryptocurrency trading near $64,729 as of press time after reaching an intraday high of $65,071 and recovering from a low of $63,205.The advance followed data showing the US economy expanded at a 1.5% annualized rate in the second quarter. That was below both the first quarter’s 2.1% pace and analysts’ forecast of 2.1% growth.The headline miss initially offered a favorable setup for Bitcoin because weaker growth can increase pressure on the Federal Reserve to ease monetary policy. Lower rates would reduce…

Morgan Stanley’s new Ethereum and Solana exchange-traded funds drew $33 million on their second trading day, outperforming larger rivals and giving the Wall Street firm an early foothold in two increasingly competitive markets.The Morgan Stanley Ethereum Trust, trading under the ticker MSSE, attracted $14.03 million on Wednesday, while the Morgan Stanley Solana Trust, or MSOL, recorded $19.03 million, according to SoSoValue data.MSSE’s intake exceeded that of BlackRock’s ETHA, the dominant US spot Ethereum ETF, even as the broader category recorded approximately $19 million in net outflows. Total net inflows into Ethereum ETFs since launch remained at $11.19 billion.MSOL accounted for…

BitMEX settled 35 derivatives today, July 30, closing any remaining positions and canceling open orders as the exchange moved another step toward its September shutdown.BitMEX’s settlement log shows 33 contracts closing almost on the stroke of noon, at 12:00:05 UTC. EURUSD and USDCHF followed at 12:32:25 and 12:33:25 UTC. With prices now posted for the full 35-contract batch, the early settlement flagged in BitMEX’s July 22 notice is complete.BitMEX attributed the delistings to insufficient trading interest and its planned exchange shutdown. It described the process as an early settlement, not a margin liquidation. Related ReadingBitMEX shuts down without an FTX…

Shareholders of Satsuma Technology Plc approved a capital return and delisting with 90.63% and 90.59% of votes cast, respectively, against the majority board’s recommendation. The votes put the UK-listed Bitcoin treasury company on a path toward selling its Bitcoin and returning cash to shareholders.The result converted the conditional proposal CryptoSlate covered on July 16 into an approved process. Satsuma’s July 20 announcement says the board authorized immediate preparations to close trading activities and sell the Bitcoin, while the official circular indicatively targets a sale on or around Aug. 3. Related ReadingA US Bitcoin treasury company sold every BTC because debt…