Search Results for "corporate"
Ethereum (ETH) Emerges as a Strategic Corporate Treasury Asset
Publicly traded companies are increasingly adopting Ethereum as a treasury asset, leveraging its yield-generating capabilities to enhance financial strategies, according to Galaxy.
Stripe Unveils Platform Letting Firms Create Custom Stablecoins
Stripe's "Open Issuance" allows companies to create dollar-pegged stablecoins, using new technology to simplify the issuance process. It provides token management and compliance tools across various blockchains, targeting Fortune 500 companies and competing with Tether and USDC.
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Japanese investment firm Metaplanet has become one of the largest corporate Bitcoin holders by acquiring 5,268 BTC for $623 million, raising its total to 30,823 BTC worth about $3.6 billion.
Japanese Investment Giant Climbs to Fourth in Corporate Bitcoin Holdings
Japanese investment company Metaplanet has dramatically strengthened its position in the corporate Bitcoin treasury landscape, acquiring an additional 5...
Congressional Panel Tackles Digital Asset Taxation Amid Treasury Relief
The U.S. Treasury Department's exemption of digital assets from corporate minimum tax rules marks a victory for the cryptocurrency industry, particularly for firms like MicroStrategy and Coinbase.
Tesla Chair Rebuts ISS and Glass Lewis Recommendations
Tesla Chair Robyn Denholm challenges ISS and Glass Lewis recommendations, arguing their policies are unsuitable for Tesla's unique ambitions.
American Bitcoin Corp Nears 4,000 BTC Milestone in Strategic Accumulation
American Bitcoin Corp approaches a 4,000 BTC treasury, reaching 3,865 BTC through strategic acquisitions and mining, signaling bullish corporate behavior.
Bitcoin (BTC) Treasuries Show Resilience Amid Coinbase's 'Ghosting' Claims
Despite Coinbase's claims of corporate treasuries exiting the Bitcoin market, American Bitcoin and Strategy firms have made significant purchases totaling $205 million.
Proposal to Amend Cryptocurrency Leverage Regulations in Japan
JCBA has proposed to JVCEA to amend the leverage ratio regulations in cryptocurrency margin trading, advocating for the application of corporate leverage calculation methods to individual transactions as well. The proposal aims to align the crypto market's leverage regulations with other derivative markets and possibly re-attract users who shifted to overseas exchanges for higher leverage.
Shinhan bank Opens Door to Corporate Crypto Accounts, Paving the Way for Institutional Adoption
As the first domestic lender on South Korean soil, Shinhan Bank has rolled out real-name corporate accounts to enable transactions from cash to crypto based on its partnership with cryptocurrency exchange Korbit.
Horizon Kinetics Bets on Bitcoin as Inflation Bites
Horizon Kinetics, a US-based investment firm, is the latest to bet on Bitcoin as an inflation hedge, saying that the company is playing their bets on two hedges against inflation: property and cryptocurrencies, especially Bitcoin.
MicroStrategy's Debt Dilemma: A Balancing Act Between Bonds and Bitcoin
Adam Cochran discussed MicroStrategy's financial quandary due to its 2025 and 2028 convertible notes amidst its extensive Bitcoin holdings. Failure to address the 2025 note could lead to a 15% equity dilution, while refinancing could spike yield rates. Options like leveraging Bitcoin or selling it to cover debts were explored, with the latter potentially causing a dip in market confidence. Cochran hinted that the year-end decisions could significantly impact how MicroStrategy navigates its debt come 2024.