Key Highlights: Datavault determined that roughly 1,328 Bitcoin tied to a $150 million share-purchase transaction with Scilex Holding never qualified as company-owned digital assets. The company will restate its 2025 annual report and three subsequent quarterly filings, slashing reported total assets by tens of millions of dollars across multiple quarters. Due to the loss of ...
Key Highlights Datavault AI (DVLT) shares plummeted by nearly 50% following disclosures of trapped bitcoin reserves and upcoming financial restatements. The company revealed it has been unable to withdraw its bitcoin holdings from cryptocurrency exchange Biconomy since June. The halted withdrawals stem from a complex $150 million transaction involving Scilex Holding Company, subsidiary Semnur, and ...
Key Highlights: Smarter Web acquired an additional 20 Bitcoin at an average price of £61,733, lowering the average cost across its 2,850 BTC treasury reserve. The Bristol-based firm announced an inaugural weekly dividend of £0.2301 per share on its MORE preferred shares, payable to holders on November 9. Capital raised from preferred share sales was ...
Key Highlights Strive plans to raise $500 million by offering 5 million shares of its new perpetual preferred stock, SATS, priced at $100 per share with a 15% fixed dividend. Proceeds from the offering are earmarked to purchase more Bitcoin, acquire income-generating assets, or finance share buybacks, backed by an initial 18-month dividend reserve. Strive ...
Key Highlights: PowerCompute liquidated 267.4 BTC to settle principal and accrued interest on an Arch credit facility, eliminating approximately $22.45 million in debt. The miner’s corporate Bitcoin treasury dropped from 323.02 BTC in August to 63.7 BTC by the end of September. Operational output ticked upward to 8.1 BTC in September, complemented by $89,000 in ...
Key Highlights: Industry observer Webley warns that investing in corporate Bitcoin treasuries carries management execution risks absent from holding spot Bitcoin directly. Firms continue aggressive acquisitions, with Strategy expanding its reserves to 848,000 BTC and Strive increasing its holdings to 29,462 BTC. Bitcoin encountered volatility after facing rejection near $87,000, triggering roughly $600 million in ...
Key Highlights Strive expanded its treasury to 29,462 Bitcoin as of Oct. 2, establishing a total reserve valued at approximately $2.5 billion. Capital generation has relied heavily on SATA preferred shares, which offer an adjustable annual dividend of roughly 13% paid out every business day. Strive ranks fifth among all publicly traded corporate Bitcoin holders, ...
Key Highlights: Strategy holds 847,666 BTC—roughly 4.04% of the entire Bitcoin supply—acquired for a total expenditure of $63.95 billion. With total holdings valued at $72.20 billion, the firm’s unrealized net profit has surpassed $8.25 billion following an average purchase price of $75,442.45 per coin. Company shares trade at a 14% premium relative to net reserve ...
Key Highlights Strategy (formerly MicroStrategy) proposes shifting its preferred securities—STRF, STRC, STRK, and STRD—from monthly, semi-monthly, or quarterly dividend schedules to daily calendar-day accruals, including weekends and U.S. market holidays, with payments on the next business day. The move aims to transform the preferreds into liquid cash-like yield instruments, reduce price volatility, improve liquidity, and ...
Key Highlights Strive Asset Management, the fifth-largest Bitcoin treasury, has formally challenged MSCI’s proposal to exclude crypto treasury companies from its global index, arguing firms like Strategy and Strive qualify as “operating companies” rather than passive investment vehicles. MSCI’s 2026 consultation framework represents a “material improvement” over the 2025 version but fails to define “operating ...
Key Highlights Sequans Communications (NYSE: SQNS) has sold its remaining 314 Bitcoin, completing a treasury exit that leaves the company with no cryptocurrency holdings and a debt-free balance sheet outside government-backed research financing. The Paris-based semiconductor firm reported product revenue growth exceeding 80% year-over-year in Q2 2026, with its six-month product backlog more than tripling ...
Key Highlights Strategy (formerly MicroStrategy) incurred a $100.2 million opportunity cost after selling 6,948 BTC at an average of $62,150 in summer 2024 and repurchasing 5,553 BTC at an average of $80,207 this autumn. The company’s founder Michael Saylor and CEO Phong Le stated the sales were executed for “messaging purposes” to “inoculate the market” ...