A bitcoin symbol (Artur Widak/Getty Images)

Asset Entities to merge with Ramaswamy’s Strive and launch bitcoin treasury

Shares of the company skyrocketed on the announcement.

9/10/25 11:14AM

Asset Entities’ shareholders have approved a merger with Strive, founded by Vivek Ramaswamy, to launch a bitcoin treasury. Shares of Asset Entities jumped 145% in premarket trading on Wednesday and were up 50% as of 12:00 p.m. ET. The company expects to raise up to $1.5 billion from its PIPE deal if the warrants are exercised.

Meanwhile, bitcoin-native venture Nakamoto has invested $30 million in Metaplanet. This is Nakamoto’s “largest single investment to date and its first in an Asian public company with a bitcoin treasury strategy,” the company said in a press release.

The investment is part of Metaplanet’s recently announced international equity financing in its common stock. On Tuesday, the company announced it had upsized the offering to 385 million shares and raised $1.4 billion. Initially, the bitcoin treasury said it planned to raise up to $880 million by issuing up to 5 million new shares, according to a regulatory filing.

The bulk of the proceeds will be used to buy bitcoin. The company holds 20,136 bitcoin. Shares, which have been struggling — down 36.7% in the past month — jumped on the announcement.

In other bitcoin news:

UK-based The Smarter Web acquired 30 bitcoin and now holds 2,470 bitcoin, as part of its “10 Year Plan” strategy.
Bitcoin ETFs have continued to experience inflows, amassing $391.3 million, SoSoValue data shows.
Bitcoin miner Canaan announced it mined 98 bitcoin in August, a 10% month-over-month increase. The company now holds 1,547 bitcoin.

Sage D. Young

Solana has tanked since spot solana ETFs launched, despite the funds only recording positive flows to date

Solana’s ETF inflows are a supportive signal, but they aren’t the marginal price setter for the token, one expert explained.

Yaël Bizouati-Kennedy

Bitcoin falls to lowest level since November as long-term holders accelerate selling

A majority of bitcoin investors are officially underwater and the asset’s continued fall “could intensify selling pressure as investors attempt to limit losses.”

Sage D. Young1/28/26

Ripple launches treasury platform to manage cash and cryptocurrencies

Ripple, the firm closely tied to the fifth-largest cryptocurrency, XRP, introduced a new treasury platform for digital asset and traditional cash management for users like financial officers, treasurers, and accountants.

Ripple’s move comes more than three months after it acquired treasury software provider GTreasury for $1 billion, one of several steps to grow the firm’s position in corporate finance.

Combining Ripple’s blockchain rails and GTreasury’s software, the new platform’s goal is to simplify treasury operations. It eliminates settlement delays with payment times of three to five seconds and optimizes yield from working capital 24/7 through tokenized money market funds such as BlackRock’s BUIDL and overnight secure repo markets with RLUSD, according to a Tuesday blog post.

Ripple Treasury also aims to provide “real-time cash positions, automated forecasting, and seamless reporting across traditional cash, digital assets, RLUSD, and XRP holdings,” the blog post stated.

Last year, Ripple filed its national banking license application with the US Office of the Comptroller of the Currency, while the firm’s subsidiary Standard Custody & Trust Company applied for a Federal Reserve master account, which would allow Ripple to hold RLUSD reserves directly with the Fed.

XRP has seen $2.4 billion in trading volume in the last 24 hours, increasing 1.8% in the period. The token’s all-time high was set in July 2025 at $3.65. Meanwhile, spot XRP ETFs had nearly $9.2 million worth of inflows on Tuesday, bringing cumulative inflows to $1.4 billion.

Yaël Bizouati-Kennedy

1/28/26

Bitcoin is underperforming precious metals now, but experts warn of “short-sighted” view

The debate on investing in digital gold vs. actual gold continues, but it’s helpful to put each one’s performance in context.