Topic
Public companies whose balance sheets are dominated by bitcoin or other digital assets, including Strategy, Metaplanet and SharpLink.
CEA Industries, holder of about $302 million in BNB, becomes BNB Standard Corporation on September 29 and keeps its BNC ticker. Its suit to void a 10X Capital management agreement, whose termination clause could have topped $100 million, stays open under the new name.
Reality
Bitmine added 17,362 ether last week to hold about 4.9% of supply, while Strategy bought 1,665 bitcoin to reach 847,666. Both kept buying as prices eased, with Bitmine now near a 5% target it set itself and Strategy adding about 0.2% to its holdings.
Reality
Bitmine holds 5,983,940 ETH, 4.9% of supply, and the 121,060 tokens still missing cost about $325m at its own reference price, a bill its cash balance covers twice over. Tom Lee expects institutions in the fourth quarter.
Perspective Coverage
3 publishersReality
Galaxy Digital moved $100 million, about 4% of its cash and stablecoins, into Sky's sUSDS and opened the token as loan collateral. Galaxy already borrows from Sky's lending agents, so the purchase deepens a funding tie with its own creditor.
Reality
The Toronto lender has 2,079 residential mortgage records on Injective, about $1.1 billion of loan files against a stated $10 billion portfolio, and it added roughly 91 records a month to get there.
Reality
A revived MSCI consultation names Strategy and Metaplanet as deletions if its "non-operating companies" screen passes. Comments close September 30, with a decision due around October 16.
Reality