# Corporate Treasury Related Articles

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

Strive Purchases 79 Bitcoins, Bolstering Its Corporate Bitcoin Reserve to $1.27 Billion

Strive, a Dallas-based public asset manager, has added 79 Bitcoins to its corporate treasury between August 10 and 14, purchased at an average price of approximately $63,231 per coin. With Bitcoin recently trading around $62,895, the total value of the company's Bitcoin reserve is now estimated at about $1.273 billion. This latest acquisition solidifies Strive's position among the top public corporate holders of Bitcoin, ranking approximately seventh. The purchase is part of an ongoing accumulation strategy throughout 2026, rather than a single large investment. Strive's Bitcoin strategy accelerated following its stock-for-stock merger with Semler Scientific, which transferred a significant Bitcoin position to its balance sheet. The company funds additional purchases using at-the-market (ATM) equity offerings and proprietary preferred shares, providing capital without traditional debt but potentially diluting existing common shareholders. Strive maintains a "debt-free" balance sheet with approximately $154.8 million in cash and equivalents and holds preferred shares in Strategy (STRC) valued at around $47.9 million. Its core business remains asset management, with Bitcoin serving as a long-term treasury reserve, distinguishing it from miners or corporations making occasional allocations. The company's stock (ticker ASST on Nasdaq) remains volatile and closely tied to Bitcoin's price and Strive's capital-raising mechanisms. Despite recent purchases, the stock has faced pressure from dilution concerns and broader crypto market movements. Investors now largely view Strive as a leveraged bet on Bitcoin. Future reports will be key to monitoring whether the company's strategy of increasing its Bitcoin holdings per share is successful as it aims to build one of the market's largest public Bitcoin treasuries.

cryptonews.ru13h ago

Strive Purchases 79 Bitcoins, Bolstering Its Corporate Bitcoin Reserve to $1.27 Billion

cryptonews.ru13h ago

SharpLink Reports Net Loss of $394 Million in Q2 Due to ETH Decline

SharpLink, the second-largest corporate holder of Ethereum, reported a net loss of $394 million in Q2 2026, compared to a $103 million loss a year earlier. The loss included $321 million in unrealized crypto asset losses and $76 million from the impairment of staked Ethereum ($ETH). The Miami-based company generated $11.5 million in revenue, with $11.1 million coming from ETH staking. Despite the loss, its cash and equivalents increased to $56 million from $28 million in December 2025. SharpLink holds 632,784 ETH valued at $1.2 billion and liquid staking tokens representing 181,321 ETH worth $343 million, making its performance heavily dependent on ETH's price, which fell approximately 23% in Q2 2026. The company resumed ETH purchases in late June, buying $7.8 million worth and an additional 10,000 ETH (roughly $16 million) days later. Its stock price fell 3.9% on Monday, bringing its year-to-date decline to 30%. SharpLink currently holds 863,000 ETH valued at $1.46 billion, trailing only Bitmine, the largest corporate holder with 5.54 million ETH worth $9.4 billion.

cryptonews.ru08/11 20:44

SharpLink Reports Net Loss of $394 Million in Q2 Due to ETH Decline

cryptonews.ru08/11 20:44

Major Player Saylor Intensifies Bitcoin Sell-Off: MicroStrategy Announces Another Large-Scale BTC Sale!

Strategy, the world's largest publicly traded holder of Bitcoin, has announced another major sale. Founder Michael Saylor stated the company sold 1,690 BTC for approximately $108.6 million between August 3rd and 9th, at an average price of $64,262 per Bitcoin. This sale marks the fourth consecutive week of selling, bringing Strategy's total Bitcoin holdings down to 840,447 BTC. The company has not purchased any BTC for approximately seven weeks. The stated purpose of the sale is to fund dividends for preferred shares and to repurchase its STRC shares. During the same period, Strategy raised $653.1 million through the sale of MSTR shares, using $109 million of that for the STRC share buyback. Following these actions, Strategy's US dollar reserves have grown to approximately $4.65 billion. The company reports this extends the period it can pay dividends using these dollar reserves by 143 days, to a total of 2.7 years. The moves also reportedly reduced the Bitcoin-backed loan burden for STRC by 10 basis points.

cryptonews.ru08/10 15:00

Major Player Saylor Intensifies Bitcoin Sell-Off: MicroStrategy Announces Another Large-Scale BTC Sale!

cryptonews.ru08/10 15:00

Strategy turns 1,690 BTC into $108.6M STRC buyback

Strategy, the company holding the largest corporate Bitcoin treasury, sold 1,690 BTC for $108.6 million between August 3 and 9, using the proceeds to repurchase 1.15 million shares of its STRC preferred stock. This marks its fourth disclosed Bitcoin sale of 2026, bringing yearly sales to 6,948 BTC. The company continues to hold 840,447 BTC, purchased at an average price of $75,385 per coin, and sold the latest batch at an average of $64,262 per BTC. These Bitcoin sales have become part of a funding engine for repurchasing STRC stock. Strategy also reported a US dollar reserve of $4.65 billion, increased from about $4 billion the prior week, bolstered by proceeds from recent sales of its MSTR common stock. The company has $785.2 million remaining under its preferred stock repurchase program and another $1 billion available for Class A common stock buybacks. Following the buyback activity, STRC shares have rallied, reclaiming the $90 level and trading at $95.45 in premarket activity on the reporting Monday.

cointelegraph08/10 12:46

Strategy turns 1,690 BTC into $108.6M STRC buyback

cointelegraph08/10 12:46

Bitcoin Management Company Empire Digital Makes Significant Changes to Its BTC Reserves! Here Are the Details

Empire Digital, a company with a Bitcoin-centric asset management strategy, has significantly altered its BTC reserves. According to its latest quarterly report, between July 1 and August 6, the company sold 1,635 BTC for approximately $102.2 million. Following these sales, Empire Digital's total Bitcoin holdings decreased to 1,279 BTC. However, 954 BTC of these assets are pledged as collateral for a $35 million debt. This leaves only 325 BTC freely available and unencumbered for the company's use. The sale highlights the risks for firms holding Bitcoin as a treasury asset, particularly those using it as loan collateral. A sharp drop in BTC's price could devalue the collateral, potentially triggering margin calls or forced asset sales. The fact that a large portion (954 BTC) of Empire Digital's holdings is illiquid due to being collateralized underscores this vulnerability. While the sale of 1,635 BTC represents a major reduction, the company's remaining 1,279 BTC indicates Bitcoin still plays a role in its strategy. Investors will monitor whether Empire Digital maintains its remaining reserves or makes new purchases in the future.

cryptonews.ru08/10 07:58

Bitcoin Management Company Empire Digital Makes Significant Changes to Its BTC Reserves! Here Are the Details

cryptonews.ru08/10 07:58

Is Strategy’s $54.5B Bitcoin bet no longer just about BTC’s price?

Michael Saylor's company, Strategy, holds a $54.5 billion Bitcoin (BTC) treasury, but its financial model faces new challenges. While it historically relied on issuing premium-priced shares to fund more Bitcoin purchases, its market-to-net asset value (mNAV) has fallen sharply to 1.03x, eroding that advantage. The company's cost basis for its BTC is now higher than its market value. To meet obligations like dividends, it recently sold some Bitcoin, shifting focus from pure accumulation to balance sheet sustainability. Key measures like Bitcoin per share and BTC yield have declined. The company must now prove it can sustainably finance future purchases and maintain investor confidence amidst a complex capital structure with significant funding gaps. While Strategy's scale is unmatched, its aggressive accumulation model is being tested, with the debate moving beyond treasury size to long-term financial resilience.

ambcrypto07/19 22:03

Is Strategy’s $54.5B Bitcoin bet no longer just about BTC’s price?

ambcrypto07/19 22:03

MSTR Discloses Sale of 3,588 Bitcoins, Stock Price Drops Over 5% at One Point During Trading

MicroStrategy, the world's largest corporate holder of Bitcoin, has significantly shifted its business model. Between June 29 and July 5, the company sold 3,588 bitcoins for approximately $216 million to fund quarterly dividends for its preferred stock. This marks its largest-ever Bitcoin sale and signals a strategic pivot: Bitcoin is transitioning from a "buy-and-hold" reserve asset to a liquidity management tool for the company. This move follows a recent authorization allowing Bitcoin sales when equity fundraising is less attractive. The announcement contributed to a more than 5% intraday drop in MicroStrategy's stock price, while Bitcoin fell to around $61,800—below the company's average holding cost of roughly $75,700. The sale represents a major departure from MicroStrategy's long-standing "never sell" commitment, which saw its first minor breach in May with a $2.5 million sale. The latest, hundred-times-larger transaction underscores growing financial pressures. Analysts note the company faces about $1.5 billion in annual preferred dividend obligations, far exceeding cash flow from its software business. As of July 5, MicroStrategy holds 843,775 bitcoins. Its current operational logic involves buying Bitcoin during favorable financing conditions and selling portions to cover dividends when needed, creating a flexible capital management cycle amidst a challenging market environment.

华尔街日报07/06 16:07

MSTR Discloses Sale of 3,588 Bitcoins, Stock Price Drops Over 5% at One Point During Trading

华尔街日报07/06 16:07

Selling at a Loss of $55 Million: MicroStrategy's Faith Reaches Its Interest Payment Date

On July 6th, Michael Saylor's MicroStrategy sold 3,588 BTC for approximately $216 million to fund dividends for its digital credit securities, incurring a realized loss of around $55.45 million. This move, from a company that long championed a "never sell" Bitcoin strategy, marks a significant shift. The sale followed a board-approved plan authorizing up to $1.25 billion in BTC sales for corporate purposes like dividends and buybacks. MicroStrategy's core growth model relied on issuing premium-priced shares to buy more Bitcoin. However, with its share price trading near the critical 1.22x mNAV (market value to net asset value) threshold, issuing new equity became dilutive. Simultaneously, its financing channels have constricted, while its annual dividend and interest obligations (roughly $1.76 billion) remain a rigid expense. Consequently, selling Bitcoin became the rational choice under its own framework. MicroStrategy now holds ~843,775 BTC and $2.55 billion in cash reserves. If annual obligations were fully covered by BTC sales, it could create consistent selling pressure of roughly 29,000 BTC per year. This transforms the market's largest consistent buyer into a scheduled seller, potentially pressuring Bitcoin prices and challenging the valuation models of similar digital asset treasury companies. For MicroStrategy, the path forward hinges on Bitcoin's price recovery, which would help restore the premium on its securities and restart its acquisition flywheel. Its fate is now cyclically tied to the asset it holds: a strong Bitcoin price validates its model, while a weak price strains the very model that exerts selling pressure.

marsbit07/06 13:52

Selling at a Loss of $55 Million: MicroStrategy's Faith Reaches Its Interest Payment Date

marsbit07/06 13:52

Corporate Treasury SBET Resumes Ethereum Accumulation With 5,000 ETH Purchase

SharpLink, a publicly traded company formerly known as SharpLink Gaming, has reportedly resumed its accumulation of Ethereum (ETH) after an eight-month pause. According to on-chain data and media reports, the company acquired 5,000 ETH, worth approximately $7.85 million, through institutional broker FalconX while ETH was trading near $1,537. If accurate, this purchase would bring SharpLink's total holdings to roughly 876,285 ETH. The story is attributed to on-chain tracking and reporting, not a formal corporate statement, so it should be framed as a reported transaction. This move highlights the growing trend of corporate treasuries diversifying into Ethereum, viewing it not just as a reserve asset like Bitcoin but also for its utility in staking, DeFi, and tokenized finance. The use of a prime broker like FalconX underscores the role of institutional infrastructure for large corporate transactions. Key points to watch include whether SharpLink officially confirms the purchase and if other public companies follow suit by buying ETH during market downturns, potentially strengthening its narrative as a corporate reserve asset. Readers are reminded to treat this as part of broader market dynamics, which include macro factors, regulation, and on-chain flows, rather than an isolated price-moving event.

bitcoinist06/27 00:31

Corporate Treasury SBET Resumes Ethereum Accumulation With 5,000 ETH Purchase

bitcoinist06/27 00:31

Eric Trump Has A Bitcoin Strategy That Could Make Michael Saylor Sweat

Eric Trump, co-founder of American Bitcoin, unveiled an aggressive Bitcoin strategy at the 2026 Bitcoin conference, positioning the company as a direct competitor to Michael Saylor's MicroStrategy. The core distinction lies in ABTC's architectural model: while MicroStrategy buys Bitcoin on the open market, ABTC mines it first through its partnership with Hut 8 Corp. This "mining-to-treasury" pipeline allows ABTC to acquire Bitcoin at a claimed discounted rate, currently producing 8-10 BTC daily, and retain all mined coins rather than selling them for operating costs. This strategy has yielded results, with ABTC reporting a 116% Bitcoin yield increase from its September 2025 IPO to late January 2026, holding 6,899 BTC valued at roughly $474 million. While MicroStrategy's holdings (818,334 BTC) remain vastly larger, Trump argues that ABTC's integrated model provides a structural cost advantage. The company recently expanded its mining capacity by 12% to further its disciplined accumulation, aiming to close the gap as the corporate Bitcoin treasury sector evolves.

bitcoinist05/13 20:53

Eric Trump Has A Bitcoin Strategy That Could Make Michael Saylor Sweat