Institutional
DeFi

Tom Lee’s BitMine Plans $300M Preferred Stock Sale for ETH Treasury Push

The offering would tie fixed cash dividends to a staking-heavy ETH treasury model as Strategy’s preferred stock remains under pressure. Read Full Story at Decrypt.co…
Infrastructure

Hyperliquid’s HYPE Briefly Overtakes Solana in Price as SOL Falls to Its Lowest Levels Since 2023

HYPE hit an all-time high near $75.40 while Solana dropped to its lowest level since 2023. Hyperliquid’s perp volume hit a record 6.63% global share,…
Institutional

BitMine Files for $300 Million Preferred Stock Offering at 9.5%, Adapting Strategy’s Playbook for Its Ethereum Treasury

BitMine Immersion filed for $300M in 9.5% perpetual preferred stock to fund its Ethereum treasury, adopting Strategy’s STRC-style financing playbook while sitting on a $9.2B…
Industry News

BTC, ETH, SOL and XRP ETFs bleed $4.4 billion over 13 sessions, only HYPE in green

BlackRock’s IBIT shed another $342 million on Wednesday as ether, solana and XRP funds joined the redemption wave, leaving Hyperliquid’s HYPE products as the only…
DeFi

SpaceX targets record $75 billion IPO as bitcoin treasury and liquidity risks draw focus

SpaceX’s proposed $75 billion IPO would rank among the largest ever, while its $1.29 billion bitcoin holding and the broader wave of megacap listings could…
DeFi

Tom Lee's Bitmine borrows a page from Saylor's playbook to offer 9.5% yield in preferred stocks

The largest Ethereum treasury firm is taking a page from Michael Saylor’s Strategy to issue preferred shares to tap new sources of funding. Read Full…
Institutional

US Treasury Secretary signals progress on Bitcoin reserve, CLARITY Act

Scott Bessent said that the Treasury Department was “proceeding with all deliberate speed” on Donald Trump’s 2025 executive order to establish a strategic Bitcoin reserve…
Institutional

Revolut US bank plans stablecoins alongside FDIC-insured accounts: Report

Reuters reported that Revolut plans to integrate stablecoins into its future US bank as more fintech and crypto companies chase federal banking approvals. Read Full…
Institutional

Franklin Templeton CEO: Blockchains Threaten Wall Street’s Fee Machine, Not Its Technology

Bitcoin Magazine Franklin Templeton CEO: Blockchains Threaten Wall Street’s Fee Machine, Not Its Technology Franklin Templeton CEO Jenny Johnson said traditional finance resists public blockchains…
Institutional

Bitmine's Ethereum bet nears $9 billion loss as ether falls below $1,800

Shares of Tom Lee’s Ethereum treasury firm hit their lowest level since the company’s crypto pivot as ETH revisits the February lows. Read Full Story…