Everything web3, crypto, defi, degen
In brief Digital asset treasury company Safety Shot Inc., is set to rebrand itself to Bonk, Inc. on Friday. The firm says its part of a crucial shift into the “digital asset space” as it looks to “evolve” its plans and “sell off any unnecessary assets.” Its stock is up 37.65% over the past 5…
In brief Leading Ethereum treasury company BitMine Immersion Technologies now holds $13 billion worth of ETH. The company purchased $823 million worth of Ethereum over the last week, it said Monday. BitMine is second only to Bitcoin giant Strategy in terms of the value of its crypto treasury holdings. BitMine Immersion Technologies, the leading publicly…
In brief BitMine Immersion Technologies added $980 million worth of ETH last week, pushing its tally to nearly $11 billion worth. BMNR stock is up more than 6% on the day, rising following the announcement. Tom Lee’s company holds the largest Ethereum treasury of any publicly traded firm, outpacing SharpLink Gaming. BitMine Immersion Technologies stock…
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 rally over the weekend; BTC reclaims $112,000 Vanguard reportedly considering offering crypto ETF access to its 50M investors SEC and…
In brief SharpLink Gaming will tokenize its SEC-registered common stock (SBET) directly on Ethereum through Superstate’s Opening Bell platform. The Nasdaq-listed firm has built one of the largest public ETH treasuries, holding more than 838K ETH worth $3.3 billion. The move follows SharpLink’s recent stock buybacks and comes amid a broader SEC push to modernize…
In brief GSR Digital Asset Treasury Companies ETF will invest at least 80% of its assets in firms that hold cryptocurrencies in their corporate treasuries. The market maker’s registration statement to the SEC included proposals for four other funds that would focus primarily on Ethereum and staking. London-based GSR recently opened a U.S. asset management…
In brief Thumzup Media Corporation revealed plans to buy back up to $10 million worth of stock. TZUP shares were up about 6% on the day following the news, but are down sharply since early August. The firm holds about $4 million in crypto and has agreed to purchase a Dogecoin mining firm. Another crypto…
In brief DeFi Development Corp. is boosting its share repurchase program from $1 million to $100 million. The firm will consider buying back shares from the open market when its mNAV trades below 1. DFDV is up about 4% on the day, but down 12% in the last week of trading. Shares in Solana treasury…
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 retreat after post-FOMC rally; BTC -1% at $116,300 Joe Lubin confirms MetaMask token coming “very soon” Plasma sets mainnet debut…
FED DECISION TODAY, CZ MAY BE RETURNING, CREATOR COINS HEAD SOUTHBTC taps $117k, BNB leads L1s ahead of Fed decision. Whale moves $116m BTC after 11-year dormancy. Binance nears deal to end DoJ compliance monitor. CZ updates X profile, sparks Binance return rumours. 67% fund managers don’t hold crypto: BofA survey. Crypto execs set to…
