Tag: Firm

SRM Entertainment Becomes TRX Treasury Firm Tron Inc With $100M Investment

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Nasdaq-listed SRM Entertainment is set to launch a Tron corporate treasury of up to $210 million and change its name to Tron Inc., the company announced on Monday. According to the announcement, SRM entered a securities purchase agreement with a private investor for a $100 million equity investment to fund its Tron (TRX) treasury strategy. Tron founder Justin Sun will join the company as an adviser. As part of the deal, SRM Entertainment will issue 100,000 shares of its Series B convertible preferred stock. This stock can be converted into…

Hong Kong Firm MemeStrategy Adds 2,440 SOL to Treasury

Key Notes MemeStrategy bought a SOL holding worth $369,442 in the open market. The company highlighted that this purchase is in alignment with its corporate vision. SOL is projected as the top candidate for ETF approval from the US SEC, boosting its attractiveness. Hong Kong-listed digital asset company MemeStrategy made a massive Solana SOL$156.424h volatility:6.9%Market cap:$82.54 BVol. 24h:$5.13 Bbuy in the open market. This firm acquired 2,440 units of SOL valued at about HKD 2.9 million, a fund equivalent to $369,442. MemeStrategy Plans to Establish its Position in Crypto MemeStrategy’s…

Altcoins Set To Outperform Bitcoin In The Coming Months — Blockchain Firm Explains Why

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The talk around an altcoin season has been on the lips of the members of the crypto community since the start of the year. However, most altcoins have been unable to sustain any meaningful bullish momentum over the past few months. Interestingly, a market intelligence firm has come forward with the projection that these digital assets are set to outpace Bitcoin, the world’s largest cryptocurrency by market capitalization, in the coming months. Is The Altseason Around The…

British tech firm expands crypto reserves with $5m bitcoin purchase 

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Smarter Web Company expands its Bitcoin holdings, as more global firms turn to BTC Corporate interest in Bitcoin (BTC) is reaching new highs, as more companies expand their holdings. On Friday, June 13, U.K.-based Smarter Web Company announced an additional purchase of 74,27 Bitcoin. The purchase, worth about $7.7 million, brings the company’s reserves to 242.34 BTC, worth approximately $25 million. The latest transaction was made at an average purchase price of $109,256 per BTC. The overall average purchase price for its reserves stands at $107,002. The purchase is part…

Solana Drops 5% as Nasdaq Firm Pulls $1B Ahead of ETF Push

Key Notes Solana drops 3.84% as DeFi Development Corp withdraws $1B SEC filing.SOL may climb to $164 if the ongoing ascending triangle breakout holds.Bloomberg sees a 90% chance of Solana ETF approval by 2025. Solana SOL $158.6 24h volatility: 3.7% Market cap: $83.38 B Vol. 24h: $4.87 B is trading around $159.5, down 3.84% over the past 24 hours. The dip coincides with DeFi Development Corp’s withdrawal of its $1 billion fundraising plan for Solana purchase. Notably, the U.S. Securities and Exchange Commission (SEC) recently flagged DeFi Development Corp’s Form…

XRP Could Hit $73, Says Research Firm In Bullish Outlook

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Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. An extended technical review aired Tuesday on Sistine Research’s YouTube channel has placed XRP at the top of the current market hierarchy and mapped a price trajectory that—if historical analogues and present chart structure hold—could lift…

Stripe Acquires Crypto Wallet Firm Privy Amid Web3 Push

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Stripe has acquired Privy, a cryptocurrency wallet infrastructure developer, for an undisclosed amount, highlighting the global payment processor’s growing pivot toward digital assets.  Privy confirmed the acquisition on Wednesday in an announcement on social media that it will continue to operate as an independent product embedded within the Stripe ecosystem.  Source: Privy As part of Stripe, Privy will “keep building for developers building on crypto rails [but] now with more resources, flexibility, and firepower,” the company said. Bloomberg initially reported on the acquisition, though no financial terms were disclosed.  While…

Peter Thiel’s Crypto Firm Bullish Files for US IPO

Key Notes Bullish has reportedly submitted confidential IPO paperwork to US regulators. Jefferies will serve as the lead underwriter for the offering. The filing follows successful listings by crypto firms like Circle and eToro. Crypto exchange Bullish is quietly preparing for a public listing in the United States, according to recent reports. The company has reportedly filed confidential paperwork with regulators, a move that allows it to move forward with the listing process. Notably, American investment bank Jefferies has been named as the lead underwriter for the offering. Although Bullish…

Trump-Linked Bitcoin Mining Firm Adds 215 BTC to Treasury in Bold Power Play

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The Trump-affiliated firm American Bitcoin disclosed in a recent U.S. Securities and Exchange Commission (SEC) filing that it has acquired “approximately 215 bitcoin” to bolster its reserves. American Bitcoin’s Crypto Bet Grows American Bitcoin, a mining venture established in early 2025, emerged through a collaboration between Hut 8—a North American digital asset mining firm—Eric Trump, […] Original

Trump-backed American Bitcoin firm buys $23m worth of Bitcoin ahead of merger

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American Bitcoin, a mining firm backed by Eric Trump and Donald Trump Jr., has accumulated 215 Bitcoin, worth nearly $24 million, since launching operations on April 1, according to a June 6 SEC filing. The company, known formally as ABTC, intends to go public later this year through a stock-for-stock merger with Gryphon Digital Mining. The filing outlines ABTC’s unconventional approach: Bitcoin (BTC) ownership isn’t a byproduct of mining—it is the business. The firm describes its strategy as “layered,” focusing on producing Bitcoin below market cost, leveraging capital to expand…