The Japanese bitcoin treasury firm disclosed Monday that it bought an additional 103 BTC for $11.7 million.

Analysts attributed the decline to significant whale movements switching out bitcoin for ether, and to market recalibration among traders.

Ethereum co-founder Vitalik Buterin said most major markets don't pay interest, which makes them unappealing for hedging.

The plan is to take over a publicly traded company and turn it into a digital asset treasury company, the report said.

Grayscale filed an S-1 with the SEC on Aug. 22 to convert its Avalanche Trust into a publicly traded spot AVAX ETF on Nasdaq.

The company will leverage B Strategy's footprint in the Asia-Pacific region for liquidity and distribution, according to the press release.

Strategy added 3,081 BTC for $356.9 million at an average $115,829 per coin, taking holdings to about 632,457 BTC as Saylor touts stock performance despite recent lows.

CoinShares says crypto investment products saw $1.4 billion of net outflows last week, the biggest since March, with BTC and ETH funds leading redemptions.

Users wishing to wager on events can add to their accounts using cryptocurrencies like Solana, USDC, and Bitcoin.

BitMine Immersion grew its ether holdings to 1.71 million ETH, with a balance sheet of over $8.82 billion as companies capture over 2% of Ethereum's supply.

Last week, fellow Ethereum DAT SharpLink Gaming said its board approved a stock repurchase program of up to $1.5 billion.

"The protocols launching today will define how value moves through the global economy tomorrow," said Anchorage Digital's Nathan McCauley.

Dragonfly's Tom Schmidt and Standard Crypto's Alok Vasudev discuss the state of crypto venture, regulation, and consumer apps.

Sharp Technology's pivot to become a Solana DAT puts it alongside firms like Upexi and DeFi Development Corp.

The SEC is seeking public input on whether to approve a staked INJ ETF, setting the stage for its next steps on the proposal. 

In February, Hayden Davis admitted he sniped LIBRA memecoins at launch. The token shot up before later crashing in value.

Analysts say the market has moved from capital rotation to a risk-off mode under continued macro uncertainty.

Eclipse announced on X that Sydney, known as '0xSydney' on X, will take over as CEO following the voluntary departure of Litquidity.

This initiative may create the largest corporate Solana treasury as existing treasuries hold a combined amount of around $650 million.