Strategy, the largest corporate holder of Bitcoin, did not add to its BTC treasury during its most recent reporting window. Instead, it used part of its financing machinery to repurchase shares of its preferred stock vehicle, STRC, signaling a shift toward capital structure management rather than fresh Bitcoin accumulation. According to a Tuesday filing with the U.S. Securities and Exchange Commission, Strategy repurchased $176.3 million worth of STRC preferred shares—about 1.8 million shares—between Aug. 31 and Sept. 7. Over the same period, Strategy also increased the size of its Digital Credit Securities Repurchase Program to $2 billion. With no new Bitcoin purchases during this stretch, its treasury holdings were listed at 845,050 BTC, acquired for $63.6 billion at an average cost of $75,412 per coin. Key takeaways Strategy paused Bitcoin purchases in the Aug. 31–Sept. 7 window while deploying capital to repurchase preferred stock via STRC. The company repurchased $176.3 millio...

Bitmine Immersion Technologies, the largest publicly listed corporate holder of Ether, says it has added another large batch of ETH to its treasury. The purchase—announced in a Tuesday release—moves the company closer to its stated objective of acquiring 5% of Ethereum’s total supply. According to Bitmine’s announcement, the firm bought 28,086 ETH last week. The amount was valued at roughly $69.5 million and brings Bitmine’s total holdings to 5.93 million ETH , accumulated at an average cost of $2,495 per ETH . Key takeaways Bitmine purchased 28,086 ETH last week, bringing total holdings to 5.93 million ETH . The company says its treasury is near its target: it has completed 97% of the plan to reach 5% of total Ether supply . Bitmine reported $15.7 billion in total assets, including $593 million in marketable securities and 5.1 million staked ETH . Third-party figures cited in the report indicate Bitmine faces $5.1 billion in unrealized losses on its ETH exposure. A stea...

Visa has unveiled a new approach to funding businesses by linking its payment settlement records with blockchain-based lending. The payments company says the move is designed to let lenders use VisaNet settlement data together with onchain transaction information to assess borrowers and extend credit against payment obligations—effectively bringing onchain lending closer to everyday payment flows. The announcement, made Tuesday, positions stablecoin-linked card programs and onchain credit as parts of a broader payments stack, where settlement data can serve as a source of “working capital” signals rather than relying solely on traditional banking-style documentation. Key takeaways Visa will combine VisaNet settlement data with blockchain lending infrastructure to help finance payment obligations using both offchain settlement records and onchain activity. Credit Coop is highlighted as an early example, reporting over $2.5 billion in cumulative settlement volume since 2023 across pa...

StablecoinX has named Christopher Jensen as its new chief executive officer, a move that places the former Franklin Templeton digital asset executive at the helm of the biggest corporate holder of Ethena’s ENA token. The appointment underscores how quickly leadership in publicly traded crypto vehicles is shifting toward personnel with traditional asset-management experience. Jensen replaces Ted Chen, who led StablecoinX through its public listing in June and will continue as chairman of the company’s board. StablecoinX trades on Nasdaq under the ticker USDE and is closely tied to Ethena’s synthetic dollar product, USDe. Key takeaways StablecoinX appointed Christopher Jensen as CEO, bringing in leadership experience from Franklin Templeton’s digital asset efforts. Jensen’s mandate includes oversight of StablecoinX’s large ENA position, which the company says is about 3.03 billion tokens (roughly 20% of supply). Ted Chen transitions from CEO to chairman after guiding StablecoinX th...

StablecoinX, the Nasdaq-listed company focused on the Ethena ecosystem, has named Christopher Jensen as its new chief executive officer. Jensen, formerly with Franklin Templeton’s digital assets team, will lead the firm’s management of ENA, Ethena’s governance token. The appointment replaces Ted Chen, who guided StablecoinX through its June public listing and will continue to serve as chairman of the board. The CEO change places further emphasis on StablecoinX’s role as one of the largest institutional holders of ENA at a time when Ethena-related products are expanding. Key takeaways StablecoinX appoints Christopher Jensen as CEO , tasked with running a major corporate stake in ENA. Ted Chen steps down as CEO but remains chairman after leading the firm through its Nasdaq listing in June. StablecoinX says it holds ~3.03 billion ENA tokens —about 20% of total supply—making it ENA’s largest corporate holder. Jensen’s background includes building Franklin Templeton’s digital asset...

Robinhood has agreed to take equity stakes in Crypto.com and its newly spun-off prediction markets platform, OG.com, in a multi-year arrangement designed to bolster Robinhood’s event-contract infrastructure in the United States. The move links Robinhood’s expanding prediction markets business to OG.com’s CFTC-regulated derivatives exchange and clearinghouse. As part of the deal, Robinhood will route retail event contracts through OG.com’s infrastructure. A rollout is set to begin Tuesday for eligible US customers, according to Robinhood’s announcement carried by PR Newswire. Key takeaways Robinhood will use OG.com’s CFTC-regulated derivatives exchange and clearinghouse to process retail event contracts. Robinhood is taking equity stakes in both Crypto.com and OG.com, but the companies did not disclose the size or value of the holdings. The equity stakes are priced using valuations established by an earlier Citadel Securities investment in the platforms. The agreement arrives sh...

Investigators in Mexico say two suspects charged in the killing of four people allegedly targeted a “cold wallet” they believed held millions of dollars in Bitcoin. The case has drawn renewed attention to the growing trend of violent “wrench attacks,” in which criminals use coercion—often physical attacks or threats—to obtain crypto wallet access. According to La Jornada , prosecutors in the State of Mexico (FGJEM) allege that Diego Sebastián and Gerardo—surnames withheld—were involved in the Sept. 2 murders in Atizapán de Zaragoza. A court hearing is scheduled for Wednesday, where a judge will decide whether sufficient evidence exists to continue criminal proceedings. Key takeaways FGJEM alleges the suspects sought access to a Bitcoin cold wallet believed to contain millions, after entering the victims’ home. The case centers on the killings of Jonathan Meléndez, his pregnant wife, their daughter, and an employee, with the family’s dog also reported killed. If convicted, FGJEM s...