By Emir Abyazov Key highlights: Japan considers new limits as crypto-heavy firms see dramatic losses Major DAT companies plunge, triggering calls for tighter oversight JPX may close loopholes used by firms turning into Bitcoin holders The operator of the Tokyo Stock Exchange is weighing new restrictions for publicly traded companies that shift their core […]
Tag: DAT
By Marco Piccolo Key highlights: Ripple Labs is reportedly planning to raise at least $1 billion through a SPAC to support a new XRP-focused digital asset treasury (DAT). The initiative would involve both newly acquired XRP and a portion of Ripple’s existing holdings, aiming to stabilize XRP’s supply dynamics. The move coincides with Ripple’s $1 […]
By Marco Piccolo Key highlights: BitMine Immersion Technologies purchased 23,823 ETH worth $103.7 million on October 10, continuing its aggressive accumulation strategy. The company now holds 2.83 million ETH, valued at approximately $12.3 billion, making it the largest corporate Ethereum treasury. Despite recent criticism from Kerrisdale Capital, BitMine remains committed to its goal of acquiring […]