Phoenix Group Formalizes $150M Crypto Treasury in Q2 2025 Results
Abu Dhabi-headquartered bitcoin miner Phoenix Group, listed on the ADX, reported strong financial and operational results for Q2 2025, highlighting the formalization of a digital asset treasury valued at over $150 million, making it the first ADX-listed company to do so. The treasury primarily consists of 514 BTC and over 630,000 SOL. The company generated […]
Nasdaq-Listed Upexi Establishes $500M Equity Facility to Increase Solana Holdings
Upexi, Inc. (UPXI) has lined up a $500 million equity line deal to bankroll its business operations and boost its stash of Solana. But while the company gears up for crypto accumulation, UPXI shares have nosedived more than 17% over the past week. Zero-Fee $500M Equity Line Fuels Upexi’s Solana Treasury Plan The consumer products […]
Bitcoin Could Drop to $70K This Year, Crypto Executive Warns
With bitcoin seemingly poised to test the $123,000 level, some experts are warning of potential corrections. Przemysław Kral predicts that the cryptocurrency could fluctuate between $70,000 and $160,000. Expert Warnings and Price Predictions After a brief dip below the $116,200 mark, bitcoin ( BTC) staged a rally on July 22, breaching the critical $120,000 psychological […]
Mercurity Fintech Secures $200 Million for Solana Treasury
Mercurity Fintech (MFH) has secured a $200 million equity line from Solana Ventures to launch a comprehensive solana-based treasury initiative. Solana Ventures Backs Mercurity With $200 Million for SOL-Based Treasury Mercurity Fintech Holding Inc. (Nasdaq: MFH) has announced a strategic $200 million equity line of credit from Solana Ventures Ltd., marking a major step in […]
Nasdaq Firm DeFi Dev Corp. Hits 999,999 SOL Treasury Mark
On Monday, DeFi Development Corp. announced its treasury now holds 999,999 Solana ( SOL) tokens and equivalents. DeFi Dev Corp. Grows Solana Holdings to 999,999 Tokens The Boca Raton-based company, DeFi Development Corp. (Nasdaq: DFDV), added 141,383 SOL between July 14 and July 20, according to a July 21 statement. The purchases, including spot buys […]
Institutions Fuel Surge in Altcoin Momentum With ETH in the Lead
Altcoin season may be underway as institutional capital flows into ether and other major L1s. Regulatory clarity and exchange-traded fund (ETF) momentum are fueling renewed interest, with ETH leading across key market indicators. Altcoin Season Awakens: Institutional Money Moves Into ETH, SOL, and XRP The crypto market may be entering a new phase, with altcoin […]
Solana Market Cap Blasts Past $100B as Shorts Get Obliterated in $16M Liquidation Wave
While bitcoin catches its breath, a handful of altcoins have been stealing the spotlight—and earlier today, solana’s market cap punched past the $100 billion milestone. In just the past seven days, SOL has climbed 15.5% when measured against the U.S. dollar. Solana’s Explosive Climb Fuels Altcoin Derivatives Boom Solana is having a strong week, climbing […]
Solana’s Pump.fun Nets $500M as PUMP Token ICO Sells out in 12 Minutes
Pump.fun’s public token sale for its PUMP cryptocurrency raised $500 million after selling out rapidly in roughly 12 minutes. PUMP Token Sale Sells out, Raising $500 Million for Platform Expansion The initial coin offering (ICO) — a crowdfunding method for new digital tokens — launched July 12 at 2 p.m. UTC. Pump.fun, a leading meme […]
Bit Mining Shifts Strategy, Enters Solana Ecosystem With $300M Plan
Another bitcoin mining firm is pivoting. Bit Mining Limited announced a strategic expansion into the Solana ecosystem, planning a treasury of SOL tokens worth up to $300 million to fuel the company’s shift. Bit Mining Allocates Up to $300M for Solana Integration The NYSE-listed cryptocurrency mining company said this move aims to capture opportunities across […]
Rex Shares Debuts First Staked Solana ETF in the US
The fund invests in a combination of spot solana, other solana funds, and liquid staking tokens such as the popular JitoSOL. Rex Shares Rolls out First Solana Exchange-Traded Fund (ETF) in the U.S. With Staking ETF provider Rex Shares and crypto investment firm Osprey Funds have launched the first spot solana ( SOL) ETF in […]