Abraaj Restaurants Becomes First Bitcoin Treasury Company In The Middle East
Today it was announced that Al Abraaj Restaurants Group B.S.C. has become the first publicly traded company in the region to adopt Bitcoin as a...
Tag : treasury
Hoskinson promises audit, is ‘deeply hurt’ by $600M Cardano treasury claims
The Cardano Foundation is preparing to release an audit report on its treasury holdings after fresh allegations surfaced claiming misappropriation of roughly $600 million worth...
Tether surpasses Germany’s $111B of US Treasury holdings
Tether, the $151 billion stablecoin issuance giant, has surpassed Germany in United States Treasury bill holdings, showcasing the benefits of a diversified reserve strategy that...
$1B Bitcoin Deal: Basel Medical’s Unconventional Treasury Strategy
Basel Medical Group, a healthcare company based in Singapore, is taking an unexpected turn. Instead of just expanding clinics or launching new health services, it’s...
Tether Drops $459M on Bitcoin to Launch New Treasury Firm
Tether, the company best known for running the USDT stablecoin, just made a big bet on Bitcoin, again. This time, they’ve picked up $459 million...
U.S. Treasury Secretary Bessent to Reveal China Trade Deal Details on Monday
TLDR U.S. and China announced a trade deal after weekend negotiations in Geneva, though specific details are not yet available Treasury Secretary Scott Bessent called...
Strive Asset Manager to become Bitcoin treasury company
Strive Asset Management, founded by entrepreneur and former presidential candidate Vivek Ramaswamy, has revealed plans to transition into a Bitcoin treasury company. According to a...
UK Treasury Secretary Says No To National Bitcoin Reserve
Speaking at the Financial Times Digital Asset Summit in London on Tuesday, Emma Reynolds, Economic Secretary to the Treasury, emphasized that while the UK aims...
Fr8Tech Invests $1M in Trump Tokens to Back Trade and Treasury
Fr8Tech has invested in Trump tokens via a $20M note, starting with $1M in initial deployment. CEO links the move to U.S.–Mexico trade strategy and...
Stablecoins on track for $2T market cap by 2028 — US Treasury
US Dollar-pegged stablecoins are on track to reach an aggregate market capitalization of approximately $2 trillion by 2028, according to the United States Department of...