Bitcoin Treasury Corp. (BTCT), a provider of institutional lending and liquidity services, said it bought 292.80 bitcoin for C$43 million ($31.6 million), launching an accumulation strategy aimed at building a robust digital asset treasury. The Toronto-based company said it viewed bitcoin as both a long-term reserve asset and a crucial part of its revenue model, […]
Shares of crypto exchange Coinbase (COIN) climbed to their highest level since its April 2021 Nasdaq debut on Thursday, bringing the stock nearly full circle after plunging more than 90% during the depths of 2022’s crypto winter. COIN hit $382 Thursday before paring some of the gains and closed higher by 5.5%. The stock’s more […]