Tag: treasury

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Bitcoin treasury Nakamoto aims for reverse stock split. Is it a good idea?

Bitcoin treasury Nakamoto will ask shareholders to approve a reverse stock split.The stock has been trading well below the Nasdaq’s $1 requirement.Satish Patel of...

Coinbase CEO Brian Armstrong Backs Treasury Secretary Scott Bessent’s CLARITY Act Push

Coinbase CEO Brian Armstrong publicly supported Treasury Secretary Scott Bessent's call to pass the CLARITY Act, citing the urgency of crypto regulation.Coinbase CEO Brian...

TD Cowen Initiates Coverage On Bitcoin Treasury Companies, Frames PBTC Sector As Investable Equity Category

TD Cowen this week initiated equity research coverage on three public Bitcoin treasury companies (PBTCs) and one Ethereum digital asset treasury, publishing...

Bitcoin treasury Nakamoto seeks reverse stock split as delisting deadline looms

Nakamoto's stock closed at $0.22 on April 6, below Nasdaq's $1 minimum requirement.Company has until June 8 to regain compliance or face delisting.Reverse split...

TD Cuts Bitcoin Giant Strategy’s Price Target, Calls Ethereum Treasury Sharplink a ‘Buy’

In brief TD Cowen reiterated a “buy” rating for Bitcoin treasury firm Strategy, despite cutting its price target. The company initiated coverage on Ethereum treasury company...

U.S. Treasury to loop in crypto sector on hacker warnings shared with traditional firms

The U.S. Department of the Treasury is opening its cybersecurity information sharing to crypto businesses to help them ward off attacks as the industry...

SEC, Treasury Officials Urge Congress To Pass Crypto Market Bill

Three prominent voices in finance, crypto, and policy urged Congress this week to move quickly on the Clarity Act, a long-awaited bill...

US Treasury Moves Forward with GENIUS Act, Focusing on Illicit Finance

Payment stablecoin issuers in the United States will be required to implement a regime targeting illicit finance under the proposed framework for the GENIUS...

US Treasury Rolls Out Draft Rule To Implement GENIUS Act Compliance Program

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The US Treasury on Wednesday released a joint proposed rule from the...

U.S. Treasury to propose demands that stablecoin firms be set to police bad transactions

A firm issuing stablecoins in the U.S. would have an array of new duties to head off criminals and keep government watchdogs informed about...

Bitmine’s ETH treasury hits 4.8 million tokens BMNR stock uplists to NYSE

Bitmine Immersion Technologies (BMNR) said it now holds 4.8 million ether (ETH) worth roughly $10.2 billion at current prices, putting the company within reach...