The Smarter Web Company sold 177.89 BTC for $11.7 million to repay a convertible debt facility early, avoiding shareholder dilution while retaining a treasury of 2,700 BTC.
Satsuma shareholders voted to sell the company's bitcoin, return the cash to investors, and delist from the London Stock Exchange, ending its run as a bitcoin treasury company after heavy losses.
Capital B will execute a 10-for-1 reverse stock split in September as the Paris-listed bitcoin treasury company looks to attract more institutional investors while continuing to build its 3,139 BTC reserve.
Strive (ASST) purchased 18 bitcoin for about $1.2 million last week, increasing its treasury to 19,900 BTC while maintaining $154.1 million in cash as it continues integrating its bitcoin-focused treasury strategy.
SpaceX joins the Nasdaq-100 today, triggering ~$4.3B in passive inflows to a company holding 18,712 BTC. This creates rules-based institutional demand for Bitcoin through corporate balance sheets.
Metaplanet added 2,823 BTC in the second quarter to reach 43,000 Bitcoin, becoming the world's third-largest corporate Bitcoin treasury behind Strategy and Twenty One Capital.
Strategy (MSTR) shares surged 14% at times on Monday after the company unveiled a sweeping capital overhaul, leading a broad rally in bitcoin-linked stocks despite Bitcoin remaining under pressure near $60,000.
Strive purchased 759 BTC for roughly $50 million last week, boosting its holdings to 19,864 BTC and outpacing Strategy's 520 BTC purchase as it accelerates its bitcoin accumulation strategy.
Strategy purchased 520 bitcoin for $35 million last week, increasing its holdings to 847,363 BTC while raising its USD Reserve by $335 million to $1.4 billion.