Strive asset management firm expands its corporate Bitcoin holdings to over 13,000 BTC.
Blockchain News

Strategic Move: Strive Purchases 334 BTC, Cementing $1.1 Billion Bitcoin Treasury

New York, November 2024: In a significant move within the institutional cryptocurrency space, Bitcoin-focused asset management firm Strive (ASST) has strategically purchased an additional 333.89 Bitcoin (BTC). This acquisition, first reported by CoinDesk, elevates the company’s total holdings to 13,132 BTC, a treasury now valued at over $1.1 billion. The purchase follows a recent $225 […]

Metaplanet faces a $700 million Bitcoin impairment loss in its 2025 financial reporting.
Ethereum News

Metaplanet Bitcoin Impairment Loss: The Staggering $700M Corporate Crypto Accounting Challenge

Tokyo, Japan – April 2025: In a financial disclosure that underscores the volatile intersection of traditional corporate finance and digital assets, Japanese investment firm Metaplanet has projected a staggering $700 million impairment loss on its Bitcoin holdings for the 2025 fiscal year. This anticipated loss, reported by Cointelegraph, threatens to eclipse the company’s otherwise robust […]