Everything web3, crypto, defi, degen
In brief Another Bitcoin whale moved a chuck of their crypto. The whale had not moved their $50 million in BTC for nearly 13 years, blockchain data shows. A number of long-term investors have started moving digital coins after years of dormancy since this year. Another long-term Bitcoin whale awakened on Thursday, moving a chunk…
In brief China-based Mogu said Thursday that its board had approved allocating $20 million in Bitcoin, Ethereum, and Solana. The fashion company’s Nasdaq-listed shares were recently up 76%. Mogu’s board of directors had approved a plan to spend $20 million on cryptocurrencies and crypto-related securities. Shares of Nasdaq-listed fashion company Mogu soared on Thursday after…
In brief SharpLink Gaming’s treasury strategy will be a positive “white swan event” for Ethereum as it helps educate traditional players, its co-CEO told Decrypt. Some industry observers fear that the crypto treasury trend could end badly for the industry, as swarms of companies have started stockpiling digital assets this year. Joseph Chalom, co-CEO of…
In brief A lawsuit against Bitcoin treasury Strategy has been scrapped. Much like a different lawsuit dismissed in August, this one alleged shady accounting practices. A number of lawsuits have been brought against Strategy this year, Decrypt previously reported. Another shareholder lawsuit alleging dodgy accounting practices at Bitcoin treasury giant Strategy has been dropped, court…
In brief Strategy has purchased 1,955 BTC for $217.4 million at $111,196 per coin, following Friday’s S&P 500 rejection. The company now holds 638,460 BTC worth $71.5 billion, achieving “BTC Yield of 25.8% YTD 2025” for shareholders. Japan’s Metaplanet also bought 136 BTC for $15.2 million Monday, continuing the global corporate buying trend. Michael Saylor’s…
Morning Minute is a daily newsletter written by Tyler Warner. The analysis and opinions expressed are his own and do not necessarily reflect those of Decrypt. Subscribe to the Morning Minute on Substack.GM!Today’s top news: Crypto majors mostly green, SOL leads; BTC at $112,000 Forward Industries announces $1.65B SOL DAT led by Galaxy, Multicoin & Jump BMNR…
In brief Robinhood was added to the S&P 500 Publicly traded digital asset-focused firms have benefited from the friendlier regulatory and political environment of recent months. The S&P 500 added crypto exchange Coinbase to the index in May. Shares of Robinhood soared 7% in after hours trading after the retail brokerage, which focuses heavily on…
In brief Figma shares fell nearly 20% Thursday to $54.56, down from a high of $122 in early August. Q2 revenue rose 41% to $249.6 million, slightly beating expectations, with 2025 adjusted operating income forecast at $88–$98 million. The firm disclosed $91 million in Bitcoin holdings but its CEO stressed it is “a design company,”…
In brief CalPERS candidates were split on crypto investments, ranging from outright rejection to cautious consideration. The fund holds 410,596 MicroStrategy shares valued at $165.9 million, creating substantial indirect Bitcoin exposure. One challenger wouldn’t “close the door entirely” on crypto, while another called blockchain technology “promising” California state pension fund CalPERS recorded mixed reactions from…
In brief SharpLink Gaming bought even more Ethereum last week, adding $176 million in ETH to its treasury. The Nasdaq-listed firm pivoted its focus in May to accumulating ETH. Ethereum hit a new all-time high price in August as a number of companies buy the asset. Ethereum treasury SharpLink Gaming added over $176 million in…
