# Treasury Related Articles

HTX News Center provides the latest articles and in-depth analysis on "Treasury", covering market trends, project updates, tech developments, and regulatory policies in the crypto industry.

Strategy Adds 22,337 Bitcoin In $1.57B Purchase, Fifth-Largest In History

Strategy, a major Bitcoin treasury firm, has acquired 22,337 BTC for $1.57 billion, marking its fifth-largest purchase in history. The company, led by Michael Saylor, funded the purchase through stock offerings. This addition brings its total holdings to 761,068 BTC, representing 3.8% of the circulating supply. Although the company's average cost basis is $75,696, the recent price recovery has reduced its unrealized losses. In related news, Ethereum treasury firm Bitmine also increased its reserves, adding 60,999 ETH last week. At the time of writing, Bitcoin is trading around $73,400.

bitcoinistYesterday 10:32

Strategy Adds 22,337 Bitcoin In $1.57B Purchase, Fifth-Largest In History

bitcoinistYesterday 10:32

Metaplanet’s $255M raise fuels plan to hold 210K BTC by 2027

Metaplanet has resumed its Bitcoin accumulation strategy after a three-month pause, raising $255 million through a stock sale to global investors. CEO Simon Gerovich indicated that an additional $276 million could be raised if investors exercise strike warrants, bringing the total potential funding to $531 million. The firm aims to increase its current holdings of 35,102 BTC to 100,000 by the end of 2026 and ultimately reach 210,000 BTC by 2027, which would represent 1% of the total Bitcoin supply. Despite a 12% drop in its stock price following the announcement, the company remains focused on leveraging stock volatility to fund its ambitious BTC targets. Meanwhile, BTC treasury firms have seen a 3.6% increase in demand over the past month, outpacing the 0.4% growth in BTC ETFs.

ambcryptoYesterday 10:07

Metaplanet’s $255M raise fuels plan to hold 210K BTC by 2027

ambcryptoYesterday 10:07

Bitcoin Bet Deepens As Metaplanet Raises $255 Million For Future Purchases

Metaplanet raised $255 million through a private share placement to further its Bitcoin acquisition strategy, aiming to build a 210,000 BTC treasury. The firm, which already holds 35,102 BTC, issued shares at a 2% premium along with fixed-strike warrants that could bring an additional $276 million. A separate "moving strike" warrant package, tied to a mNAV (market-to-net-asset value) threshold of 1.01x, could provide another $234 million. This mechanism prevents share issuance at prices that would dilute Bitcoin per share. The funds will be used primarily for continued Bitcoin purchases, following a strategy similar to MicroStrategy, to become one of the largest corporate BTC holders. Investors should monitor the mNAV ratio, as it dictates the company’s ability to raise more capital and buy more Bitcoin.

bitcoinistYesterday 09:02

Bitcoin Bet Deepens As Metaplanet Raises $255 Million For Future Purchases

bitcoinistYesterday 09:02

Ethereum Foundation Moves $10M ETH After First-Ever Staking — More Coming?

Ethereum has reclaimed the $2,250 level amid a short-term bullish market recovery. The Ethereum Foundation has drawn significant on-chain attention after staking ETH for the first time about three weeks ago, marking a strategic shift from its historical approach of holding or selling assets. This move signals potential confidence in Ethereum’s long-term network economics. Recently, the Foundation transferred $10M worth of ETH to a new wallet, sparking speculation that it may be preparing additional staking operations. If staked, these funds would generate yield and contribute to network security, reinforcing the Foundation’s evolving role in Ethereum’s proof-of-stake ecosystem.

bitcoinistYesterday 06:01

Ethereum Foundation Moves $10M ETH After First-Ever Staking — More Coming?

bitcoinistYesterday 06:01

Ethereum Foundation Is Dumping ETH Again, But The Buyer Is Even More Interesting

The Ethereum Foundation has sold 5,000 ETH (worth approximately $10 million) in an over-the-counter (OTC) transaction to the publicly traded Bitcoin mining company, Bitmine. The foundation stated the sale is part of its structured treasury management policy to fund its core operations, including protocol development and grants. This follows previous sales, including a 10,000 ETH OTC deal in July 2025. Despite the sale occurring amid market volatility, Ethereum's price has risen over 12% in 24 hours, trading above $2,200. The transaction highlights growing institutional interest, with Bitmine continuing to accumulate ETH even during volatile conditions.

bitcoinistYesterday 20:52

Ethereum Foundation Is Dumping ETH Again, But The Buyer Is Even More Interesting

bitcoinistYesterday 20:52

Ethereum Foundation Finalizes 5,000 ETH Sale In $10M OTC Deal — Details

The Ethereum Foundation (EF) has completed an over-the-counter (OTC) sale of 5,000 ETH for approximately $10.21 million to BitMine Immersion Technologies, the world's largest corporate holder of Ether. The tokens were sold at an average price of $2,042.96. Proceeds from the sale will be directed toward the EF's core operations, including protocol R&D, ecosystem development, and community funding. This transaction is part of the foundation's ongoing treasury management strategy, which also includes staking and supplying ETH to validators. This marks the EF's second such OTC deal in less than a year, following a 10,000 ETH sale in July 2025. The OTC method avoids the bearish market pressure typically associated with public exchange sales. At the time of writing, ETH is trading around $2,086.

bitcoinist2 days ago 06:02

Ethereum Foundation Finalizes 5,000 ETH Sale In $10M OTC Deal — Details

bitcoinist2 days ago 06:02

Ten Thousand Words Decoding STRC: Strategy's New Magic Trick for Making Money and Buying Coins

"STRC: Strategy's New Money-Making Magic" provides an in-depth analysis of STRC, a preferred share instrument issued by Michael Saylor's company, Strategy. STRC is a yield-bearing tool backed by Strategy's Bitcoin treasury, designed to trade near its $100 face value with a dynamically adjustable dividend rate (currently 11.5% APY paid monthly). The article explains how strong demand for STRC, when trading at par, triggers ATM (at-the-market) issuances. The proceeds are used to buy Bitcoin, and simultaneous ATM issuances of common stock (MSTR) are used to maintain the company's leverage ratio at ~33%. This structure converts yield-seeking demand into systematic Bitcoin buying pressure. Key points include: STRC splits Bitcoin exposure into low-volatility yield for holders (STRC) and remaining upside/volatility for MSTR shareholders; the model can scale significantly without increasing credit risk; and the primary long-term risk is a prolonged Bitcoin bear market, not a sudden crash like Luna/UST. The article contrasts STRC with failed algorithmic stablecoins, highlighting its lack of reflexive death spiral mechanics and substantial dollar reserves (~28 months of dividend coverage). The author argues that if one is bullish on Bitcoin, being bearish on Strategy's structure is logically difficult.

marsbit03/15 02:32

Ten Thousand Words Decoding STRC: Strategy's New Magic Trick for Making Money and Buying Coins

marsbit03/15 02:32

Ten Thousand Words Decoding STRC: Strategy's New Magic Trick to Make Money and Buy Coins

This article provides an in-depth analysis of STRC, a preferred share issued by MicroStrategy (MSTR) as part of its Bitcoin treasury strategy. STRC is a yield-bearing instrument designed to trade near its $100 face value, currently offering an 11.5% annual dividend paid monthly. The dividend rate is dynamically adjusted to maintain this price target. The core mechanism involves using demand for STRC to generate structural buying pressure for Bitcoin. When STRC trades at $100, MicroStrategy issues new shares via an At-The-Market (ATM) offering and uses the proceeds to buy BTC. To maintain a stable leverage ratio (currently ~33%), the company simultaneously issues new MSTR common shares (when its most diluted NAV is above 1x) to buy additional BTC. Roughly, every $1 of new STRC issuance can lead to ~$3 of BTC purchases. The structure splits Bitcoin exposure into two risk tranches: STRC holders receive stable, lower-volatility yield, while MSTR shareholders capture the remaining upside and volatility. The primary goal is to increase the bitcoin-per-share (BPS) ratio over time, benefiting MSTR shareholders. Key risks include STRC's price potentially dropping 5-10% during market stress (though arbitrage typically pulls it back toward par), and a prolonged Bitcoin bear market which could pressure the structure over many years by depleting the company's dollar reserves used for dividend payments. The article contrasts STRC with failed algorithmic stablecoin UST, highlighting fundamental differences in structure, sustainability, and the lack of a reflexive "death spiral" mechanism. The author concludes that while risks exist, the structure is resilient and unlikely to fail abruptly unless Bitcoin itself enters a sustained downturn.

Odaily星球日报03/15 02:12

Ten Thousand Words Decoding STRC: Strategy's New Magic Trick to Make Money and Buy Coins

Odaily星球日报03/15 02:12

Millions Of RLUSD Are Gone Forever After This Major Ripple Burn

Ripple's stablecoin RLUSD has undergone significant supply reductions through a series of major burn transactions. A total of 25 million tokens were recently burned in a single transaction, following earlier burns of 8 million, 3 million, and multiple 15 million and 10 million token removals across both the Ethereum and XRP Ledger blockchains. These burns permanently reduce circulation by sending tokens to inaccessible addresses. However, this activity is part of RLUSD's reserve-backed model, where tokens are burned upon redemption to ensure the circulating supply never exceeds dollar reserves. Despite the burns, larger minting events—including recent issuances of 29 million, 14.9 million, 6 million, and 3 million RLUSD—have supported the stablecoin's growth. RLUSD's market cap now exceeds $1.56 billion, reflecting its expanding adoption since launch.

bitcoinist03/14 00:01

Millions Of RLUSD Are Gone Forever After This Major Ripple Burn

bitcoinist03/14 00:01

Corporate Ethereum Demand Drives ETH Treasury Holdings To All-Time High

Corporate demand for Ethereum is driving institutional ETH treasury holdings to an all-time high of over 7.4 million ETH, representing 6.6% of the circulating supply. Despite recent price decline, companies are increasingly treating ETH as a strategic reserve asset rather than a speculative investment. Bitmine Immersion Technologies, for example, holds $9.21 billion worth of ETH, with a significant portion staked. Meanwhile, technical analysis suggests ETH's price could drop to $1,600 if it fails to hold the $2,000 support level, based on Stochastic RSI indicators.

bitcoinist03/12 20:32

Corporate Ethereum Demand Drives ETH Treasury Holdings To All-Time High