Strive, a Bitcoin treasury firm listed on NASDAQ as ASST, raised capital through its SATA preferred stock to purchase 790 Bitcoin in one week, including about 250 Bitcoin in a single day. This purchase more than doubles its previous weekly record of 371 Bitcoin. SATA is a perpetual preferred stock that pays a 13% dividend and funds Bitcoin acquisitions directly from its proceeds. Strive now holds over 15,000 Bitcoin and has structured its reserves to cover SATA dividends for 20 years, benefiting common shareholders by increasing net asset value without dilution. However, risks remain if Bitcoin prices fall, as dividend payments must be maintained.
Veea Inc. has announced the commercial release of VeeaONE, a full-stack AI infrastructure platform that integrates edge-to-cloud hardware and software. The platform supports VeeaWare middleware on NVIDIA Jetson and x86/Arm servers, enabling secure, l...
Virtuals Protocol has introduced customizable tokenized indexes on the Robinhood Chain, allowing users to combine multiple assets into a single token. This innovation enables users to create and manage their own asset baskets and earn fees when other...
US spot Bitcoin ETFs saw net inflows of $107.8 million on Wednesday, while Ethereum ETFs attracted $53.8 million, signaling renewed institutional interest in crypto funds. Since their launch in January 2024, Bitcoin ETFs have accumulated over $51 bil...
Kaia has signed a strategic partnership with Xilo Labs to integrate Mochi, an onchain asset management platform, into Kaia's ecosystem. This collaboration allows users to invest stablecoins into diversified portfolios backed by tokenized real-world a...
Bitcoin's price surged to nearly $65,000 following softer-than-expected U.S. inflation data for June, easing fears of Federal Reserve rate hikes. However, on-chain data reveals two main groups of investors—long-term holders who bought near last year'...
