TREE NEWS reports: Strive Enterprises has become the fifth-largest corporate Bitcoin holder after spending $143 million on bitcoin last week, bringing its total holdings to 23,156 BTC. The company’s stock rose following the announcement, reflecting investor optimism about its Bitcoin treasury strategy.
TREE NEWS update: Tim Cook’s 15-year tenure as Apple CEO has officially ended, with hardware chief John Ternus taking over on September 1, leading the $4.67 trillion company. Cook will transition to executive chairman. Ternus faces challenges including Apple Intelligence and AI strategy, with his first major test at the September 9 product launch.
TREE NEWS reports: Strategy (formerly MicroStrategy) resumed buying bitcoin, acquiring 4,603 BTC for $370 million funded entirely by MSTR share-sale proceeds. The company left its $5.10 billion USD Reserve untouched to cover preferred dividends and debt interest.
TREE NEWS reports: The US SEC is reportedly considering eliminating rules that allow shareholders to submit proxy proposals, a move that could significantly impact corporate governance and shareholder activism. This development may have implications for crypto companies and the broader financial markets.
TREE NEWS reports: Strategy (formerly MicroStrategy) resumed buying bitcoin after a 10-week pause, spending nearly $370 million last week to rebalance its cash reserves. This marks a return to its aggressive accumulation strategy.
TREE NEWS reports: Strive bought 1,800 Bitcoin for $143M, lifting its total holdings to 23,156 BTC. This makes it the fifth-largest publicly traded corporate Bitcoin holder as the crypto market rebounds.
TREE NEWS update: CME Group has introduced a new cryptocurrency index that excludes Bitcoin and Ethereum, signaling a broader market focus beyond the two largest digital assets. This move provides investors with a diversified benchmark for the wider crypto market.
TREE NEWS reports: CME Group launched a new 10-asset crypto index that excludes Bitcoin and Ether, focusing on emerging alternatives. The free-float market-cap weighted index offers real-time pricing and settlement variants across London, New York, and Asia-Pacific time zones.
TREE NEWS reports: Dragoneer Investment Group has raised $1 billion to invest in high-profile private assets such as OpenAI and SpaceX. The fund targets late-stage tech and AI companies, reflecting strong investor appetite for marquee growth names.
TREE NEWS reports: US stocks opened lower with the Dow Jones Industrial Average falling 0.39%. The decline reflects ongoing market uncertainty amid macroeconomic concerns.
TREE NEWS reports: Japanese Bitcoin treasury company Metaplanet transferred 4,800 BTC (worth $377M) to Coinbase Prime, part of a larger 10,270 BTC move this week, representing over 29% of its holdings. The transfer may signal a sale or collateral use, sparking market speculation.
TREE NEWS update: Data shows listed companies’ net weekly Bitcoin purchases surged 529.6% WoW, with Strategy (formerly MicroStrategy) resuming accumulation after a nine-week pause. This signals renewed institutional demand for Bitcoin as a treasury asset.
TREE NEWS reports: Yorkville, the manager behind the Truth Social ETF, plans to launch over ten new ETFs focusing on themes such as digital economy and macro strategies. This move indicates growing institutional interest in crypto-related investment products.
TREE NEWS update: Nvidia plans to invest $3.5 billion in MediaTek to deepen their partnership in AI chip development. The deal underscores Nvidia’s strategy to expand beyond GPUs into system-on-chip designs for edge and automotive applications. Financial details remain subject to regulatory approval.
TREE NEWS update: Strategy, formerly MicroStrategy, has resumed its Bitcoin purchases, acquiring $370M worth, its first since June. The company continues to bolster cash reserves and buy back its perpetual STRC preferred stock.
TREE NEWS reports: Strategy (formerly MicroStrategy) acquired 4,603 BTC for about $370 million at an average price of $80,318 per coin, marking its first purchase since June. The purchase price is roughly 29% above the average price at which the company sold Bitcoin during the summer.
TREE NEWS reports: Fomo has entered the top five finance apps in the US, surpassing Cash App and Kalshi. The app’s rise highlights growing interest in crypto-based financial platforms.
TREE NEWS reports: MSX has launched the third phase of its Pre-IPO offering, allowing investors to subscribe to shares of Neuralink and Anduril. This move provides access to high-profile private companies through MSX’s platform.
TREE NEWS reports: JPMorgan is reportedly expanding its retail banking crypto asset team, signaling increased focus on digital assets within its consumer operations. The move underscores traditional finance’s growing engagement with cryptocurrencies.
TREE NEWS reports: Samsung Electronics is projected to achieve an operating profit exceeding 100 trillion Korean won in the third quarter, marking a historic first. This milestone highlights the company’s robust performance in memory chips and smartphone sales, despite global economic uncertainties.
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