News with the tag "Treasury asset"

Bitcoin has been increasingly recognized as not only a store of value but also as a means to generate yields, CoinShares’ analyst Satish Patel said.

In an unprecedented move, biopharmaceutical company Hoth Therapeutics announced on Wednesday that it plans to buy $1M worth of BTC, sparking market discussions globally. The company’s Board of Directors approved the abovementioned purchase, primarily in an effort to strengthen the firm’s treasury re...

Solidion Technology, Inc. (NASDAQ: STI), a leading provider of advanced battery materials, has announced a significant strategic allocation of Bitcoin within its corporate treasury. This move positions Solidion alongside other prominent US companies such as MicroStrategy, Tesla, Block (formerly Squa...

German MP Joana Cotar said the mass Bitcoin sell-off isn’t “sensible” and “productive” as it could be used to diversify treasury assets and protect against currency devaluation.

The medical manufacturer now holds 828 BTC and says it will “continue to pursue our strategy of purchasing Bitcoins with cash.”

The Bureau of the Treasury in the Philippines is considering a collaboration with the central bank to extend the use of digital currency to the sale of government securities. The Treasury is exploring the benefits of blockchain technology after successfully raising 15 billion pesos ($271 million) th...

The verified USD Foundation, a non-profit organization developing a sustainable and progressive stablecoin ecosystem, recently announced plans to launch Verified USD (USDV) stablecoin. The USDV stablecoin is a community-driven token completely endorsed by the on-chain stability and transparency offe...