Tag Archives: crypto treasury company

Has The Crypto Treasury Bubble Burst? Tom Lee Thinks So

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BitMine’s Chairman, Tom Lee, has shared his perspective on the recent surge of crypto-focused treasury companies and the future of this multi-billion-dollar trend. Crypto DATs Bubble Already Burst On Thursday, BitMine’s Chairman Thomas “Tom” Lee joined Fortune’s Crypto Playbook Podcast to discuss the surge of Digital Assets Treasury (DAT) companies and why he thinks the… Continue reading Has The Crypto Treasury Bubble Burst? Tom Lee Thinks So→

Chinese Investment Bank Eyes $600 Million Raise For BNB Treasury Company

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As BNB rallies to new highs, a major Chinese investment bank is reportedly in talks to raise $600 million for a new US-based Digital Asset Treasury (DAT) company, focused on investing in the altcoin. Chinese Investment Plans $600 Million Fundraiser On Monday, Bloomberg reported that Beijing-based Chinese investment bank China Renaissance Holdings Ltd. is planning… Continue reading Chinese Investment Bank Eyes $600 Million Raise For BNB Treasury Company→

70% Decline In Corporate Crypto Treasury Buying: What’s Going On?

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A recent report from Bloomberg has unveiled a striking decline in corporate investment in crypto treasuries, highlighting a significant shift in this new trend that has considerably taken the market by storm throughout the year. Purchases by publicly traded digital-asset treasuries have plummeted dramatically, from 64,000 Bitcoin (BTC) in July to just 12,600 in August,… Continue reading 70% Decline In Corporate Crypto Treasury Buying: What’s Going On?→

Avalanche (AVAX) Price Holds Key Support, But Analyst Warns Rally Could Be At Risk

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After a strong price performance over the past month, driven by growing interest in the Avalanche ecosystem, AVAX now faces a key resistance area that could delay its long-awaited rally. Institutional Momentum Fuels Avalanche Price On Wednesday, Avalanche continued its recovery from the start-of-week pullback and is currently retesting the $34 area as support. The… Continue reading Avalanche (AVAX) Price Holds Key Support, But Analyst Warns Rally Could Be At Risk→

Solana DATs Arrive In Australia: Fitell Corporation Announces $100M SOL Treasury Strategy

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As Solana attempts to reclaim the $220 level as support, an Australian-based firm has joined the trend of Digital Asset Treasury (DAT) companies with a $100 million financing facility for the launch of a new SOL treasury strategy. First Australia-Based Solana Treasury On Tuesday, Nasdaq-listed Fitell Corporation, a global provider of fitness equipment and health… Continue reading Solana DATs Arrive In Australia: Fitell Corporation Announces $100M SOL Treasury Strategy→

Analyst Says Ethereum Bounce Is Imminent As BitMine Continues To Accumulate

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After losing the $4,450-$4,500 area during the recent market downturn, Ethereum (ETH) is attempting to hold a crucial level as support. Some analysts suggest that the leading altcoin is poised to bounce soon as crypto treasury companies continue to bet on the cryptocurrency. Ethereum Eyes Rebound Amid $4,100 Retest On Monday, Ethereum’s price dropped around… Continue reading Analyst Says Ethereum Bounce Is Imminent As BitMine Continues To Accumulate→