Step Finance Winds Down After $40M Treasury Hack
Solana-based Step Finance is shutting down after a $40 million security breach drained its treasury. The firm said financing and acquisition efforts failed in the aftermath.
Peter Thiel and Founders Fund Exit Ethereum Treasury Firm ETHZilla
Peter Thiel and Founders Fund have fully divested their stake in ETHZilla, as the Ethereum treasury firm pivots toward tokenization and reduces its ether holdings amid a sharp stock decline.
Bhutan Makes Second Bitcoin Transfer in One Week as Reserves Decline
Bhutan transferred another $22 million in Bitcoin to a market maker as declining prices and rising mining costs pressure its state-backed crypto strategy.
Animoca Brands Japan and RootstockLabs Target Bitcoin DeFi Adoption among Japanese Institutions
Animoca Brands Japan has partnered with RootstockLabs to introduce Bitcoin-native DeFi tools to Japanese corporations, focusing on regulated treasury management use cases.
Strive Launches $500 Million ATM Offering for Bitcoin
Strive announced a $500 million at-the-market offering of its Variable Rate Series A Perpetual Preferred Stock to fund additional Bitcoin acquisitions and general corporate purposes.
Eric Trump’s American Bitcoin Adds $34M in BTC during November Dip
American Bitcoin purchased 363 BTC in November, raising total holdings to 4,367 BTC as the market experienced a sharp mid-month decline.
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