Trump Media to revamp crypto treasury strategy after $238M Q2 loss
Trump Media says it will take a more disciplined approach to its crypto treasury while directing more resources toward its core media business.
Coins in this story
Discussion
Related stories
South Korea puts crypto exchanges on a seven-day clock under new seizure rules
Civil creditors could compel custodians to freeze, disclose, transfer, swap and sell debtors’ assets if the rules advance. The post South Korea puts crypto exchanges on a seven-day clock under new seizure rules appeared first on CryptoSlate.
Strategy has $785 million left to close STRC’s final $5 gap after selling $213 million in Bitcoin
Strategy’s preferred stock STRC is steadily moving back toward its $100 target as the Bitcoin treasury company increases its purchases of the shares. Data from STRC.live showed that STRC traded around $95 on Monday, extending a recovery from its late-June low of about $74 as Strategy combined open-market repurchases…
Nasdaq puts $675 million Avalanche Treasury on the clock over two listing failures
The AVAX treasury company must hold a $1 closing bid and $35 million listed-securities value threshold for at least 10 consecutive business days. The post Nasdaq puts $675 million Avalanche Treasury on the clock over two listing failures appeared first on CryptoSlate.