Recent corporate moves include large-scale BTC, ETH, SOL, BNB, ADA, and AVAX acquisitions, major fundraising, and strategic mergers despite broader crypto stock declines.
The latest update on corporate cryptocurrency activity shows mixed stock performances but continued large-scale asset acquisitions. While most crypto-related stocks fell last week, RIOT, APLD, CORZ, and WULF posted gains. Strive and Semler Scientific announced a merger, holding more than 10,900 BTC combined. Jiuzixineng approved a $1 billion crypto purchase plan focusing on BTC, ETH, and BNB, and BitMine aims to raise $365 million to expand its ETH holdings. FG NEXUS reported an ETH treasury of 50,000 ETH, while SharpLink will tokenize its SBET stock on Ethereum. ETHZilla invested $47 million in ETH through Puffer. Fitell acquired $10 million in SOL, CEA Industries filed for $500 million in BNB purchases, and AgriFORCE rebranded to AVAX One with a $550 million Avalanche investment plan. Hyperion DeFi increased HYPE holdings, and Reliance Global made its first ADA purchase.