Circle processed $32 trillion in USDC transfers, yet 95% of its revenue relies entirely on interest rates
Adjusted USDC transfer volume reached $32 trillion in 2026 through Coin Metrics’ August measurement, with each dollar of supply turning over 741 times at an annualized rate. Those figures signal reach and settlement intensity. Circle’s…
Capital B’s €21 million Bitcoin raise comes with heavy warrant dilution risk
Bitcoin treasury company Capital B plans to raise €21 million and use the proceeds, along with operating funds, to buy another 270 Bitcoin. The immediate deal would leave the company’s stated measure of Bitcoin backing per diluted share almost unchanged,…
Avalanche Treasury doubles down on its strategy to build shareholder value after a $44 million hit
Avalanche Treasury Corp approved a $10 million Class A share-repurchase program after reporting a $44.7 million second-quarter loss, with about $35.7 million attributed to losses linked to AVAX. Management described the program as one tool to create…
Bitcoin miner Sphere 3D faces $2.2M tariff claim equal to 77% of its cash
Crypto miner Sphere 3D said it could face approximately $2.2 million in supplemental US tariffs, before interest, on Bitcoin miners purchased in 2022 by a subsidiary it now owns. The company said in an Aug. 24 filing that US Customs and Border Protection…
Datavault hits Nasdaq deadline 68% below $1 as extension or delisting decision looms
Datavault AI reaches its Nasdaq minimum bid-price deadline on Aug. 24, with DVLT 68% below the exchange’s $1 threshold and no disclosed decision on whether the company will receive more time or a delisting notice. DVLT’s last sale was $0.3186…
Zcash miner buys 9.4% of merger target that warns failed deal could end in liquidation
Fortitude Mining, Digital Currency Group’s Zcash-focused miner, bought a 9.4% stake in Nasdaq-listed HeartSciences for about $1 million, giving its proposed merger partner cash for operating expenses while shareholder approval remains pending. The…
Can tokenized assets continue to scale faster than the revenue models behind them?
Securitize closed its first quarter as a public company with average tokenized assets under management hitting a record $4.3 billion, up 16% year over year, while transaction volume on the platform jumped 147% to $5.3 billion. Total revenue fell 5% to…