A deep dive into the three strategic models emerging in corporate Bitcoin treasury companies, from pure-play credit issuers to hybrid operators, based on Michael Saylor’s latest thinking.
With bitcoin treasury company mNAVs collapsing below 1, it made perfect sense for Strive to gobble up Semler Scientific in an all-stock deal. Also: bitcoin price falls from $116,000 to $112,000 on crypto liquidation scare; Metaplanet, Saylor and Capital B stack more bitcoin.
Most digital asset treasury strategies miss the mark—Bitcoin is the only asset with the credibility, clarity, and certainty to anchor a corporate balance sheet.
At Metaplanet’s recent extraordinary general meeting (EGM) for shareholders, the company announced that it now holds 20,000 bitcoin and that it has plans to acquire 190,000 more within the next two years with the help of Metaplanet Prefs, a new preferred equity offering.
The weekly bitcoin price overview from your glorified price therapist, I’m here to remind you again that market prices move for reasons nobody can point to. Whatever bitcoin's price does means absolutely nothing for the broader reasons why we’re here.
With Bitcoin price holding above $113,000, Hong Kong-based Ming Shing Group Holdings announced plans to acquire 4,250 BTC for $483 million at an average price of $113,638 per Bitcoin through convertible notes and warrants.