Bessent Offers ‘Calm and Assurance’ to Treasury
Insights on Treasury’s Economic Strategies Joe Labolina, a senior counselor for Treasury Secretary Scott Bescent, shared insights during an interview, emphasizing that Bescent’s positive demeanor, dependability in financial matters, and President Donald Trump’s ability to execute economic strategies have positioned the Treasury as “the best labor institution in government.” “Secretary Bescent is a well-respected investor,” […]
Dollar Drops as Stocks Rise and Treasury Yields Decrease
Market Overview The dollar index saw a decline of 0.65% on Monday, reaching a weekly low. This drop occurred as the S&P 500 experienced a rally, leading to reduced demand for the dollar. Additionally, a fall in T-Note yields added more pressure on the currency. In June, key economic indicators for the U.S. showed a […]
Bit Origin Acquires Millions in Dogecoin After Announcing $500M Fundraising for DOGE Treasury
Simply put Bitcoin mining company Bit Origin has raised about $10 million through Dogecoin (Doge). Last week, the company revealed plans for salary boosts totaling up to $500 million to support a new Meme Coin Treasury. Since its launch in July, Bit Origin’s stock has grown by 386%. Bit Origin, a publicly traded Bitcoin mining […]
Trump Media Announces Bitcoin Treasury Holdings Have Hit $2 Billion
On Monday, Trump Media and Technology Group announced it has amassed $2 billion in Bitcoin and related securities. Additionally, it has set aside $300 million to enhance its strategy for acquiring Bitcoin-related securities. This accumulation is part of a previously outlined financial approach towards Bitcoin. Trump Media mentioned that it will continue to acquire Bitcoin […]
Bit Digital Inc. Expands Ethereum Holdings to Around 120,000 ETH, Strengthening Treasury Strategy
Bit Digital Acquires Ethereum New York, July 18, 2025 /prnewswire/ – Bit Digital, Inc. (NASDAQ: BTBT) has announced the purchase of about 19,683 Ethereum (ETH) for a total of $67.3 million. This investment was made directly for institutional investors. Following this acquisition, Bit Digital now holds approximately 120,306 ETH. According to CEO Sam Tabber, “With […]
E-Bike Company’s Stock Rises 135% Following $500 Million Bitcoin Treasury Proposal
Simply put Volcon, an electric car manufacturer, announced it secured $500 million to support Bitcoin’s Treasury Department. The announcement led to a nearly 135% surge in the company’s stock on Thursday. This investment is part of a broader trend, as many companies are integrating Bitcoin into their financial strategies. Volcon’s shares rose dramatically, almost 135%, […]
Large Epstein file containing useful information is secured in a Treasury drawer, according to Democratic senator.
Senator Calls for Investigation into Epstein’s Financial Data A substantial file containing vital information about Jeffrey Epstein’s financial transactions is currently sitting idle at the Ministry of Finance. Senator Ron Wyden, a prominent member of the Senate Finance Committee, urged the federal government to investigate Epstein’s financial records, which include approximately 4,725 wire transfers amounting […]
Cantor and Adam Back Collaborate to Start Bitcoin Treasury Business with $3.5 Billion in BTC
Simply put The Bitcoin Standard Treasury Company is set to launch following a merger with Cantor Equity Partners I. This venture will be spearheaded by Adam Back, who is also the CEO of Blockstream Capital. Upon its launch, the company will have over $3.5 billion in Bitcoin, complemented by $1.5 billion in financing. The Bitcoin […]
Treasury imposes sanctions on Tren de Aragua chief ‘Niño Guerrero’ and his associates
New Sanctions Target Tren de Aragua Leaders On Thursday, the Office of Foreign Assets Control (OFAC) from the Ministry of Finance sanctioned Hector Rusten Guerrero Flores, also known as “Ninho Guerrero,” along with five other leaders and affiliates of Tren de Aragua. This criminal group, identified as a foreign terrorist organization by the State Department […]
BitMine Immersion Now Holds Nearly $1 Billion in Ethereum to Support its Ethereum Treasury Plan
Bitmine Surpasses $1 Billion in Ethereum Holdings Bitmine has now achieved a total of over $1 billion in Ethereum (ETH) holdings, a significant increase from its initial $250 million just a week prior, marking a rise of more than 300%. As of July 17, 2025, the company reported it holds approximately 300,657 ETH, which is […]