Twenty One’s $2.8 billion Bitcoin pile is worth far more than its stock, but there’s a catch
CryptoSlate2h agoUpdated 2h ago
Smart Read
$486.5 million of converts lock up 16,116 BTC while the new CEO pursues operating and credit businesses. The post Twenty One’s $2.8 billion Bitcoin pile is worth far more than its stock, but there’s a catch appeared first on CryptoSlate.
Coins in this story
Discussion
Related stories
CryptoSlate
TON Strategy earned $15 million staking Gram while operations burned $10.6 million in cash
Fair-value gains supplied 99.1% of Q2 pre-tax profit as continuing operations used $10.6 million of cash in the first half. The post TON Strategy earned $15 million staking Gram while operations burned $10.6 million in cash appeared first on CryptoSlate.
CoinDesk
Fidelity moves to add staking, quarterly payouts to near $900 million ether ETF
The fund would keep 85% of gross staking rewards, with the remaining 15% going to service providers.
CoinDesk
One overlooked group has added $1.78 billion of selling pressure to bitcoin market
Public miners are an underappreciated source of supply hitting the market right at the margin.
KryptoKite aggregates and summarises third-party crypto news. This is informational content, not investment advice. KryptoKite does not recommend buying or selling any asset.