Volcon, an all-electric outdoor powersports vehicle manufacturer, announced that it holds 3,183.37 BTC ($375 million) as of July 25, according to a press release on Business Wire. The company acquired...

Volcon, an all-electric outdoor powersports vehicle manufacturer, announced that it holds 3,183.37 BTC ($375 million) as of July 25, according to a press release on Business Wire. The company acquired the BTC at an average purchase price of $117,697 per BTC. As part of its ongoing BTC acquisition strategy, Volcon has also sold short-term put options with strike prices between $115,000 and $117,000, allowing the company to potentially buy more BTC at lower prices while earning premium income. Co-CEO Ryan Lane highlighted the firm’s conviction in BTC as a long-term store of value and a key treasury reserve asset.

Volcon reveals $375M Bitcoin holdings

<Token> Layer-2 (L2) OP is one of the top-performing tokens today. Its price has increased by nearly 15% in the past day, thanks to news about its listing on Upbit.
On the daily chart, OP has created...

Optimism (OP) Hits Multi-Month High in Net Inflow as Upbit Listing Sends Price Skyrocketing

After Bitcoin became a benchmark for listed company reserve assets, other mainstream cryptocurrencies are also attracting institutional attention. The ecosystem token of the world's largest exchange, BNB, has recently seen another major breakthrough in its strategic reserve mechanism.

On the evening of July 28, the NASDAQ-listed company <CEA Industries Inc.> (NASDAQ: VAPE) and <10 X Capital> jointly announced the completion of a PIPE financing of up to $500 million, specifically used to establish a set of mechanisms centered on BNB...

BNB's $500 million funding round attracted over 140 institutional investors, giving it a new entrance on Wall Street.

In the context of DeFi continuously expanding, the demand for fixed income products is increasingly growing, similar to the role of bonds in traditional financial markets. However...