Sharps Technology has reported its first quarterly earnings after adopting a Solana-centric digital asset storage strategy. The data shows that its core medical apparatus business has minimal revenue, while the company holds nearly 2 million SOL tokens. The Nasdaq-listed company disclosed in a regulatory filing that the fair value of its digital asset portfolio was $404 million as of September 30, but the data reflects the end-of-quarter price level. But at the current SOL price of about $138...
Grey Release has filed multiple documents with the US SEC to launch an ETF tracking Bitcoin Cash, Hedera, and Litecoin. It plans to convert the existing relevant closed-end trusts to the same process as the 2024 Bitcoin, Ethereum trust-to-ETF, and plans to list on the NYSE Arca or Nasdaq. At the same time, the SEC postponed the approval of the grey release spot Hedera ETF and the Bitwise spot Dogecoin ETF.
Starmer plans to form a "coalition of the willing", von der Leyen says Europe must increase defense spending, and Britain, France and Ukraine will submit a deal to Trump. Click to view...
The Utah Blockchain and Digital Innovation Amendment has been sent to the Senate for approval. If passed, it would allow the state to invest 10 percent of state funds in bitcoin and other digital assets. Utah remains ahead in the state reserve bill race, followed by Arizona and Oklahoma.
Bitcoin investment firm Strategy (formerly MicroStrategy) recorded a net loss in fiscal year 2024 due to impairment losses on $1.79 billion digital assets, according to its 10-K annual report filed on Feb. 18. The company warned that a significant decline in the market value of Bitcoin could prevent it from returning to profitability in the future and could affect its ability to meet its financial obligations. In addition, with the company adopting FASB's new fair value accounting rules effectiv...
According to the 13F filing filed by Abu Dhabi's sovereign wealth fund, it increased its holdings in Quarter 1 by $436 million Bitcoin ETF.
According to the latest 13F filing by investment banking giant Goldman Sachs on Tuesday, the firm's bitcoin ETF holdings increased to $1.50 billion in Q4 2024. As of December 31, 2024, Goldman Sachs held $1.27 billion (or 24.07 million shares) in the BlackRock iShares Bitcoin Trust ETF (IBIT), the largest spot Bitcoin ETF by assets under management, meaning that the number of shares held by Goldman increased by 88% compared to the previous quarter. Goldman Sachs also increased its holdings in Fi...
Coinbase has filed an amicus curiae brief in the ongoing bankruptcy of Prime Trust, urging the court to uphold the legal protection of client assets held by custodians. Paul Grewal, Coinbase's chief legal officer, released the document, stressing that client assets should not be included in the bankruptcy proceedings of custodians. The company advocates for the implementation of Article 8 of the Uniform Commercial Code (UCC), which ensures that assets held by the custodian belong to the custo...
The report, which coincides with April Fool's Day, may determine changes in tariff policy... Click to view
According to market news, Nasdaq has submitted an application for the Canary Litecoin ETF 19B-4, initiating a regulatory review process.