News Center
DAT Goes Wrong: Satsuma to Unwind Bitcoin Treasury, Sell Off $43 Million in BTC
btcSatsuma TechnologyBitcoin TreasuryShareholder Vote
DAT Goes Wrong: Satsuma to Unwind Bitcoin Treasury, Sell Off $43 Million in BTC
British Bitcoin treasury firm Satsuma Technology's shareholders voted with over 90% approval to liquidate the company's holdings of 668 BTC (approximately $43.5 million) and delist from the London Stock Exchange. The company raised $218 million through convertible notes in August 2025, but now expects to return only £26.8 million to £30 million after liquidation. This marks the failure of a Bitcoin treasury experiment in less than a year, primarily due to Bitcoin's price decline and a sharp drop in the company's stock, causing its market cap to fall below the value of its Bitcoin holdings.
btcSatsuma TechnologyBitcoin TreasuryShareholder Vote2 hours ago
Bitcoin Surge Lifts CRCL, BMNR, and MSTR Ahead of Fed Decision
Bitcoin's rally above $66,000 boosted crypto-related stocks including Circle Internet Group (CRCL), BitMine Immersion Technologies (BMNR), and Strategy (MSTR), with CRCL gaining 8.6%. Technically, CRCL broke a descending channel resistance from June, but money flow indicators suggest buying pressure hasn't translated into sustained capital inflows. The article notes that the Fed's July meeting decision will be a key test for the sustainability of these stock gains.
btcTechnical AnalysisFederal ReserveStock Rally6 hours ago
Jack Mallers Quits Twenty One Capital as Tether's Bitcoin Merger Collapses
Jack Mallers has resigned as CEO of Twenty One Capital to return to Strike, the Bitcoin payments company he founded. Tether's plan to merge Twenty One, Strike, and Elektron Energy into a publicly traded Bitcoin giant has fallen through. Twenty One's shares fell nearly 18% on Tuesday and are down over 80% from last year's highs. The company still holds 43,514 BTC, worth over $4 billion, ranking second among publicly traded companies.
btcTwenty One CapitalBitcoin TreasuryMerger Collapse10 hours ago
Tom Lee's Bitmine Slows ETH Purchases, Shifts $86M to Stock Buyback
Bitmine, the Ethereum treasury company, added only 7,430 ETH ($14M) last week while redirecting funds to stock buybacks. It holds about 5.78M ETH (4.8% of circulating supply, worth ~$11B), making it the largest corporate ETH holder. Chairman Tom Lee cited the repurchase of 5.5M common shares for the slowdown. Bitmine also holds 207 BTC, $385M in cash/securities, and stakes 85% of its ETH via MAVAN validators, earning ~$247M annually.
ethcorporate holdingsEthereum treasuryETH accumulation2026-07-20
Nearly 5% of All Ethereum Is Now in One Corporate Treasury: Why Top Whale Is Now Tapering Buys
The article reports that Bitmine Immersion Technologies, the world's largest corporate Ethereum whale, holds 5.77 million ETH (4.8% of global supply) but has recently slashed its weekly ETH purchases to execute a $4 billion stock buyback program. The company explains this as a tactical adjustment, stating it will resume purchases once the stock price stabilizes to reach its 5% supply target.
ethCorporate TreasuryWhale AccumulationShare Buyback2026-07-20
TD Cowen Slashes Smarter Web Company Price Target by 36% on Revised Bitcoin Outlook
Investment bank TD Cowen lowered its price target for UK bitcoin treasury firm Smarter Web from £1 to £0.64 while maintaining a Buy rating. Analysts adjusted valuations based on bitcoin price assumptions, financial activities, and dilution expectations, viewing the company as a leader among UK public bitcoin treasury firms and expecting its bitcoin holdings to increase, significantly outperforming spot bitcoin ETPs.
btcSmarter Web CompanyBitcoin TreasuryPrice Target2026-07-20
US Nets Just 15% of FTX's Shiba Inu Value; Bitcoin Does What AI Cannot, Binance Founder Explains; 70 Million XRP Lands in Millionaire Whale Wallets - Morning Crypto Report
The US Department of Justice saw the value of Shiba Inu tokens seized in the FTX case plummet from $1.55 million to $235,500, retaining only 15% of their value. Binance founder Changpeng Zhao argues that Bitcoin is a true inflation hedge, while AI cannot protect purchasing power. XRP whales added 70 million XRP this week, with the price stabilizing around $1.10. US spot Bitcoin ETFs recorded net inflows of $108 million, pushing BTC above $65,000.
btcShiba InuInflationBitcoin2026-07-16
SBI Secures XRP Lending Infrastructure; 969 Million Shiba Inu (SHIB) on Exchanges Fuel 76% Spike; Wintermute Details 2 Key Bitcoin Recovery Catalysts - Morning Crypto Report
The article reports that SBI has partnered with Doppler Finance to launch a regulated XRP lending infrastructure in Japan, allowing institutions to use XRP as collateral. SHIB average deposit size surged 76% without triggering panic selling. Market maker Wintermute points to cooling US inflation and continued crypto ETF inflows as two key catalysts for Bitcoin's recovery. Bitcoin is testing the $64,000 resistance level.
xrpcrypto ETF inflowsBitcoin recoveryDoppler Finance2026-07-14
NordFX Morning Update — July 10, 2026
The article is NordFX's morning market update for July 10, 2026, covering a rebound in Asian chip stocks (Nikkei 225 up ~2%, KOSPI up over 4%), yen strengthening, Japan's PPI rising 7.1% YoY (fastest since 2023), EUR/USD climbing to 1.146, Brent crude steady at $78, gold recovering to $4,140/oz, and the Fed's June meeting minutes showing a few members supported a rate hike amid ongoing inflation concerns. Key drivers include SK Hynix's Nasdaq listing and easing US-Iran tensions.
2026-07-10