Company & Funding Research - Page 2
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Bitwise Cuts Staff as Crypto Fund Assets Drop in 2026
Bitwise Asset Management has reduced its workforce by 14% after its flagship crypto index fund saw net assets fall 31% in the first seven months of 2026, reflecting broader industry pressures and shifting market conditions
Cypherpunk Turns Zcash Gains Into $39M Profit Despite Losses
Cypherpunk Technologies reversed a $16.6M loss with a $46M unrealized Zcash gain, reporting $39.4M in Q2 net income. The company's results highlight how crypto treasury revaluations can reshape earnings even as core operations remain unprofitable.
Fold Sells Bitcoin and Eyes Reverse Split as Treasury Shrinks
Fold, a Nasdaq-listed Bitcoin services firm, sold 832 BTC to repay debt and now proposes a 1-for-50 reverse stock split to address listing compliance, raising questions about its ability to fund operations as its crypto reserves dwindle
Tron Inc. Faces Major Risk as 91% of Assets Locked in JustLend
Tron Inc. has staked nearly all of its TRX treasury through JustLend, leaving over 90% of its assets uninsured and exposed to protocol and smart-contract risks as its holdings continue to grow
TON Strategy's $15M Gram Staking Yield Fails to Offset Cash Burn
TON Strategy posted $15 million in Gram staking revenue for Q2 2026, but operating cash flow remained negative as token rewards outpaced actual cash generation, raising questions about the sustainability of its business model
H100 Group Triples Bitcoin Holdings With Share-Based Acquisitions
Sweden's H100 Group has acquired two Norwegian firms using newly issued shares, boosting its Bitcoin treasury to over 3,500 BTC and moving up the ranks among public corporate holders. The deal highlights diverging strategies in corporate Bitcoin management.
eToro to Acquire TradeZero as Crypto Revenue Slides 30 Percent
eToro plans to buy U.S. brokerage TradeZero for up to $231 million in cash and stock, aiming to expand its U.S. equities presence as its crypto revenue and trading activity continue to decline year over year
Trump Media's Bitcoin Holdings Face Options Risk and $1B Debt Deadline
Trump Media's $890 million Bitcoin treasury is now entangled in options strategies, yield deals, and a looming $1 billion debt repurchase window, raising new questions about liquidity, counterparty risk, and the fate of its crypto reserves
Riot Sells Bitcoin to Fund $9.1B AI Data Center Lease
Riot Platforms is liquidating Bitcoin reserves to finance a $9.1 billion AI data center deal, with rent payments from its unnamed tenant not expected until late 2027. The miner faces near-term funding gaps and ongoing treasury pressure.
Bakkt's Crypto Revenue Plummets 70% as Paper Gains Mask Losses
Bakkt posted a record quarterly profit on paper, but its core crypto business saw revenue plunge 70% and operating losses deepen, raising questions about the sustainability of its financial turnaround
SilverBox Faces Trust Drain as Investors Weigh Bitcoin SPAC Extension
SilverBox shareholders will vote on extending its Bitcoin SPAC deadline, but heavy redemptions could leave the trust fund nearly empty, threatening the viability of its $217 million merger with Parataxis Holdings
Bitcoin Miner MGT Issues 1.65 Billion Shares Amid Zero Revenue
MGT Capital, a dormant Bitcoin mining company, issued 1.65 billion new shares to raise capital after reporting no revenue and holding 35 idle mining machines, highlighting the risks of dilution and operational uncertainty for investors
AIxCrypto Burns Through $19M as Crypto Losses and EV Bet Drain Cash
AIxCrypto Holdings saw its cash reserves plunge from $19.3 million to just $577,000 in six months after risky crypto trades and a $12 million investment in Faraday Future, leaving its robot-rental marketplace and equity facility still unproven
AI Financial Sells $23M Subsidiary for $1M Upfront and Locked Tokens
AI Financial's sale of ALT5 Sigma Canada brings in just $1 million in immediate cash, with most of the $12 million deal tied to future payments and the uncertain transferability of over 3.5 billion WLFI tokens
Strategy Uses AI to Raise $15 Billion for Bitcoin Expansion
Strategy, led by Michael Saylor, turned to AI tools to design new preferred stock structures, unlocking $15 billion in capital for further Bitcoin accumulation as traditional financing options became harder to scale
MARA Pledges 18,750 BTC as Collateral for AI Data Center Bet
MARA Holdings sold most of its mined Bitcoin and pledged over half its reserves as collateral for $600 million in loans, fueling an AI data center acquisition while leaving key collateral and margin-call details undisclosed
SUI Group Locks 6 Million SUI in Uncollateralized Loan as NAV Gap Widens
SUI Group Holdings has lent 6 million SUI tokens to Bluefin Markets under an uncollateralized deal, tying up assets until 2028 and exposing the company to counterparty risk as its shares trade at a steep discount to net asset value
Strategy to Sell Bitcoin Holdings for Stock Buybacks and Dividends
Strategy, the largest corporate Bitcoin holder, will sell part of its Bitcoin reserves to fund stock buybacks and dividends, marking a shift in capital allocation as its share price lags behind Bitcoin's performance
Bitget Pursues Crypto License in Bhutan's $100B GMC Economic Zone
Bitget has signed an agreement with Bhutan's Gelephu Mindfulness City Authority to explore a regulated crypto exchange license in the GMC economic zone, which is backed by the country's national Bitcoin reserves and operates under its own regulatory framework
Coinbase Launches 24/5 US Stock Trading for UK Users
Coinbase now offers eligible UK users 24/5 access to nearly 4,000 US stocks with zero-commission trading and fractional shares, expanding its platform beyond crypto and signaling a push into mainstream financial services.
Sphere 3D Prepares Major Share Dilution Amid Cash Shortfall
Bitcoin miner Sphere 3D is moving to authorize up to $10.3 million in new stock sales, a step that could dilute existing shareholders by more than 50% as the company faces mounting liquidity pressures and going-concern warnings.
HashKey Exchange Wins JPMorgan Nod for Client Funds
Hong Kong-licensed HashKey Exchange secured JPMorgan approval for a segregated client money account, adding major fiat settlement capacity beside its live DBS setup in Singapore
Bithumb Targets 2028 IPO After Compliance Overhaul
Bithumb locked in a 2028 IPO goal and 2027 preliminary review as it moves to K-IFRS, tightens internal controls, and rebuilds trust after a costly operational error drew regulator scrutiny
Strategy Sells 1,638 Bitcoin Raising $105M Cash
Strategy sold 1,638 BTC for about $105 million in a second straight week of sales, raised $290 million via shares, and lifted its dollar reserve to $4 billion for preferred obligations
Evernorth's XRP Treasury Faces October 2026 Deadline Amid SPAC Funding
Armada Acquisition Corp. II has secured a $135,000 loan from Arrington XRP Capital as it works to take Evernorth Holdings public, with over 400 million XRP in conditional custody and a key contractual deadline looming in October 2026
Trump Media Moves 2,628 Bitcoin to Crypto.com, Denies Sale
Trump Media sent 2,628 BTC worth about $165 million to Crypto.com on August 2 in two transfers. The firm says the coins were not sold, while analytics firms flagged a probable sale and residual balances match disclosed loan collateral
Bitcoin-Funded Takeover Threatens Zhibao Technology's Nasdaq Control
A $154.7 million PIPE deal payable in Bitcoin could hand control of Zhibao Technology's board and management to ten undisclosed investors, raising questions about dilution, governance, and regulatory hurdles for the Nasdaq-listed insurtech.
La Rosa Holdings Faces Crypto Liquidity Limits After $13.5M Loss
La Rosa Holdings added $8.14 million in digital assets to its balance sheet, but strict withdrawal restrictions and mounting liabilities raise questions about the company's ability to access its crypto reserves
Lite Strategy Boosts Per-Share Litecoin by Retiring 13% of Stock
Lite Strategy retired 4.9 million shares using Litecoin sales and options premiums, raising the amount of Litecoin backing each share by 1.7% without taking on debt, but reducing total reserves and exposing holders to new risks
Dogecoin Ventures Faces Repayment Hurdles on $1.4M CleanCore Loan
Dogecoin Ventures borrowed $1.4 million at 10.7% interest, pledging CleanCore shares already committed to senior creditors, raising questions about repayment priority and creditor risk as outlined in recent SEC filings.
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