River Financial Inc. has sued Blockstream Services Canada ULC for breach of contract, seeking roughly $6.7 million that River alleges has remained unpaid under an agreement terminating the companies' commercial relationship. River filed the complaint in the Northern District of California on September 11. The case names Blockstream Services Canada ULC, not Blockstream Corp, as the sole defendant and requests a jury trial. The disputed amount consists of approximately $3.55 million in prepaid refunds and a separate $3.15 million early…
Corporate Bitcoin
Sequans Sells Final 314 Bitcoin and Ends Treasury Strategy
French semiconductor company Sequans Communications has sold its final 314 Bitcoin, completing its exit from a crypto treasury strategy that less than a year earlier envisioned eventually accumulating as much as 100,000 BTC. Sequans confirmed the final sale on September 24. The 314 BTC represented the company's entire remaining cryptocurrency balance as of June 30. The company now has no Bitcoin on its balance sheet and no outstanding debt other than obligations connected to government-financed research and development projects. Sequans…
2 days ago
Strive Adds 1,109 BTC As Bitcoin Holdings Reach 16,500
Strive has acquired an additional 1,109 BTC for approximately $85.4 million, paying an average cost of about $76,988 per bitcoin. The purchase lifts the company’s total Bitcoin holdings to 16,500 BTC, extending one of the fastest corporate accumulation runs among publicly traded Bitcoin treasury firms. The latest snapshot puts Strive’s quarter-to-date BTC Yield at 11.0% and year-to-date BTC Yield at 23.4%. Its amplification ratio now stands at 45.2%, keeping attention on how the company is using preferred equity, common equity…
4 months ago
Strategy Buys 8,178 BTC for $835.6M, Largest Purchase Since July
Strategy acquired 8,178 Bitcoin for approximately $835.6 million between November 10 and November 16, making it the company's largest BTC purchase since its 21,021 BTC acquisition in late July. The company paid an average of $102,171 per Bitcoin, including fees and expenses. The purchase increased Strategy's holdings to 649,870 BTC, acquired for an aggregate $48.37 billion at an average cost of $74,433 per coin. Strategy's official Bitcoin ledger valued the position at approximately $61.28 billion on November 17, leaving the…
10 months ago
The Smarter Web Company Buys 225 BTC, Raises Holdings to 1,825 Bitcoin
The Smarter Web Company has purchased another 225 Bitcoin for £19.6 million, increasing its corporate treasury to 1,825 BTC as the UK-listed technology company continues its rapid accumulation strategy. The company paid an average of £87,096, or $118,076, for the latest batch. Its 1,825 BTC had been acquired for a combined £146.85 million at an average price of £80,466, or $109,088, per Bitcoin as of July 25. The purchase added another 225 BTC only eight days after the company raised…
1 year ago
Public Companies Buy More Bitcoin Than ETFs for Third Straight Quarter
Public companies accumulated approximately 131,355 Bitcoin during the second quarter of 2025, exceeding the 111,411 BTC added by exchange-traded funds and extending their lead in net buying to a third consecutive quarter. Corporate holdings increased about 18% during the three months through June, while ETF holdings expanded roughly 8%. The two groups collectively absorbed more than 242,000 BTC during the quarter. The pattern extended a shift already visible earlier in the year. Businesses had become the largest Bitcoin buyers by…
1 year ago
Businesses Lead Bitcoin Buying in 2025 as Corporate Holdings Rise 157,000 BTC
Businesses have become the largest net accumulators of Bitcoin in 2025, adding an estimated 157,000 BTC as corporate treasury programs absorb substantially more supply than exchange-traded funds or governments. River's May 12 ownership data placed funds and ETFs second with a net increase of approximately 49,000 BTC, followed by governments at 19,000 BTC. Bitcoin attributed to individual holders declined by roughly 247,000 BTC over the same period. Strategy accounted for 77% of the increase in business holdings, making Michael Saylor's…
1 year ago
Strategy Buys 13,390 Bitcoin for $1.34B, Holdings Reach 568,840 BTC
Strategy has acquired another 13,390 Bitcoin for approximately $1.34 billion, taking the company's holdings to 568,840 BTC as Michael Saylor's firm continues using equity and preferred stock issuance to finance its treasury. The company paid an average of $99,856 per BTC between May 5 and May 11, including fees and expenses. Strategy's combined Bitcoin holdings had cost $39.41 billion as of May 11, putting its average acquisition price at $69,287 per coin. Strategy valued the 568,840 BTC position at approximately…
1 year ago
Metaplanet Passes El Salvador With 6,796 BTC After $127M Bitcoin Buy
Metaplanet has overtaken El Salvador's Bitcoin holdings after purchasing another 1,241 BTC, extending an accumulation program that has turned the Tokyo-listed company into Asia's largest corporate Bitcoin holder. The company spent ¥18.426 billion on the May 12 acquisition at an average price of ¥14,848,061 per Bitcoin, equivalent to roughly $102,000 per coin at the prevailing exchange rate. The purchase increased Metaplanet's holdings from 5,555 BTC on May 7 to 6,796 BTC. Its entire position had cost ¥90.19 billion, with an…
1 year ago



