Author: 行政
BlackRock head of digital assets Robbie Mitchnick said Bitcoin’s decoupling from equities is “healthy” and supports the case for holding it as a diversifier. US spot Bitcoin ETFs took US$853.5 million in the week to 7 August, their best since mid-April, with BlackRock’s fund taking about 80% of it. Bitcoin is beginning to pull away from equity markets, BlackRock head of digital assets Robbie Mitchnick said this week, as US spot Bitcoin exchange-traded funds recorded their strongest week of inflows since April. In July, when AI had the huge pullback, Bitcoin outperformed significantly. That decoupling “is healthy because it’s part…
Kraken holds the instant liquidation switch on a crypto firm’s 479 Bitcoin if price drops to $45,094
USBC increased a Bitcoin-backed loan to $18 million in late July. That created a price-dependent risk: the company could have to add collateral or repay debt within 24 hours. Using the filing’s July 31 inputs, the disclosed 130% call ratio equates to an illustrative Bitcoin price near $48,852.The company is developing a tokenized-deposit offering. In its Aug. 7 Form 10-Q, it said a fourth draw of $3 million on July 28 raised the balance under its Payward Interactive facility from $15 million. USBC had pledged 479 Bitcoin worth about $30.1 million as of July 31. The filing reported a 59.8%…
Strategy has $785 million left to close STRC’s final $5 gap after selling $213 million in Bitcoin
Strategy’s preferred stock STRC is steadily moving back toward its $100 target as the Bitcoin treasury company increases its purchases of the shares.Data from STRC.live showed that STRC traded around $95 on Monday, extending a recovery from its late-June low of about $74 as Strategy combined open-market repurchases with a 12% annualized dividend to narrow the security’s discount.Over the past three weeks, Strategy has acquired roughly 2.3 million STRC shares worth approximately $214.8 million. Its latest purchase was also the largest, with the company spending $108.6 million on 1.1 million shares during the week ended Aug. 9.That followed earlier purchases…
Athena Bitcoin agreed to a $4.5 million settlement, but claimants may have less than $3 million to split
Crypto ATM firm Athena Bitcoin’s proposed $4.5 million settlement over telemarketing texts will face its final review in federal court on Aug. 10. Judge Mark E. Walker will consider whether to approve the agreement, class counsel’s proposed fee and a representative award.The settlement remained pending at the reporting cutoff.The case alleges that Athena sent more than one promotional text within a 12-month period to certain recipients more than 30 days after they had sent a message consisting only of “STOP.” Athena has denied wrongdoing or any violation of the law, and the settlement does not constitute a court finding that…
Grayscale turned more than $1.1 billion of staked crypto into a recurring reward-sale machine for ETF holders
Grayscale has formalized a mandatory minimum cadence for converting staking rewards from three crypto exchange-traded products into cash and paying the net proceeds to shareholders.Trust amendments executed Aug. 6 for the Grayscale Ethereum Staking ETF (ETHE), Grayscale Solana Staking ETF (GSOL) and Grayscale Avalanche Staking ETF (GAVA) require each product to reduce “Staking Consideration” to cash no less often than quarterly. Net proceeds must then be distributed promptly after applicable fees and trust expenses.The three trusts currently intend to make distributions monthly, according to Form 8-K filings submitted Aug. 7, but the binding floor is quarterly.As the trusts receive staking…
SharpLink posts $1B loss as its $1.7B Ethereum treasury could take 90 days to fully convert to cash
Ethereum treasury company SharpLink reported a $1.08 billion net loss for the six months ended June 30. Its Aug. 7 quarterly filing attributes most of that result to price-related accounting charges. Much of the company’s treasury is staked, making conversion time a material part of its liquidity profile.The filing attributes $827.7 million of the loss to an unrealized decline in the value of ETH and another $267.8 million to impairments of LsETH and weETH, tokens representing liquid staking and restaking positions. Those predominantly non-cash charges exceeded the net loss because other results partly offset them.The six-month loss was 934.3% above…
South Korea is nearing an Aug. 11 deadline for public comments on proposed crypto seizure rules that could give exchanges just seven days to disclose customer holdings once served with a court order.The Supreme Court’s proposed amendments to the Civil Execution Rules would create a standardized process for creditors to freeze, identify and liquidate virtual assets held by debtors. If finalized on the current timetable, the rules are expected to take effect Oct. 1.That would leave exchanges and other virtual asset service providers roughly seven weeks after the consultation closes to prepare for a more formal role in civil debt…
Avalanche Treasury Corporation (AVAT) has until Feb. 2, 2027, to clear two Nasdaq listing deficiencies after its share price and market value fell below required thresholds.Last week, Nasdaq notified the company that AVAT’s closing bid price had remained below $1 and its market value of listed securities had stayed below $35 million for 33 consecutive business days.With AVAT trading around $0.32 as of press time, its share price would need to more than triple to reach the $1 threshold.However, that alone would not resolve the second deficiency, which requires its market value of listed securities to recover to at least…
Eightco Holdings carried a $207.6 million cumulative unrealized loss on its position in Worldcoin’s WLD token at June 30 as the customer responsible for about 99% of its operating revenue deteriorated, creating two distinct pressure points for Eightco’s WLD treasury and operations.The company held 283.45 million WLD with a $322.7 million cost basis and a $115.1 million fair value, according to its Aug. 7 quarterly filing. WLD accounted for 50.5% of Eightco’s $228.0 million digital-asset portfolio. The company reported no operating revenue from the portfolio during the period.Those numbers are a June 30 accounting snapshot, not a current mark of…
TaoWeave, formerly known as Oblong, says its long-term strategy is to accumulate Bittensor’s TAO token. Its latest filing shows the treasury flow moving the other way during the first half of 2026.The company sold 3,959.23 TAO to fund operating expenses and manage liquidity. The sales raised $1.172 million and produced a $114,000 net realized loss. They occurred during the six months ended June 30 and were newly reported in the company’s Aug. 7 quarterly filing, rather than taking place on the filing date.The disclosure marks a turn from the plan CryptoSlate reported in June 2025, when predecessor Oblong intended to…