TREE NEWS update: Crypto treasury companies (DAT) reported combined Q2 net losses of about $10 billion, yet their stocks rebounded as markets had already priced in the losses. These firms are now focusing on increasing per-share crypto holdings, adopting disciplined capital allocation and innovative instruments like STRC preferred shares.
Crypto Treasury Firms Lose $10B in Q2, Return to Rationality
Share on WeChat
Open WeChat → Scan → then tap "…" to send to a chat or Moments.
Tap "…" in the top-right corner to send to a chat or share to Moments.
Related News
1h ago
US Judge Allows Pentagon to Fire Three Stars and Stripes Journalists
3h ago
Coatue in talks with MatX on chip-financing JV
3h ago
DoubleLine credit chief sees value in big tech bonds after AI selloff
3h ago
Anthropic to File IPO Prospectus in Late September
4h ago
Meta sued over smart glasses biometric data collection
4h ago
US stock futures fall Friday; S&P 500 down 0.53%, Dow 0.84%