Solana treasury race heats up as firms hunt staking rewards
Three public companies increased their Solana holdings this week, as BitGo speculated that firms are buying Solana to stake it and earn rewards.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Three public companies increased their Solana holdings this week, as BitGo speculated that firms are buying Solana to stake it and earn rewards.
Why this matters
This altcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
Sharplink generates 586 ETH from staking rewards in a single week as holdings near 890K ETH
Sharplink's pivot to Ethereum staking highlights the growing trend of companies leveraging crypto assets for revenue, impacting ma...
Cardano and Solana just exposed crypto governance’s biggest weakness
Cardano and Solana are testing two competing approaches to on-chain governance, with one exposing the cost of voter absence and th...
A 2,712 BTC treasury company just lost its Bitcoin strategy chief with no successor named
The Smarter Web Company, which reported holding 2,712 BTC earlier this month, said Jesse Myers, Head of Bitcoin Strategy, will lea...
Bitcoin hit $80,000 but failed to restore BTC treasury premiums at Strategy, Twenty One Capital, or Metaplanet
Bitcoin price is trading near $78,900, close enough to $80,000 to revive the old treasury-company pitch on paper: higher Bitcoin s...
SOL treasury firm DeFi Development launches real-time ‘State of Solana’ intelligence platform
The Nasdaq-listed company holds roughly 2.3 million SOL worth about $208 million, while its shares have fallen 16% year to date.
Circle Mints 5 Billion USDC in a Week as Supply Race With Tether Heats up
Circle minted roughly 5 billion USDC over the past week, according to onchain trackers, in one of its largest weekly issuance push...