Another crypto treasury company is betting on stock buybacks to appease investors, with Thumzup Media Corporation—which is currently stockpiling Bitcoin (BTC) and Dogecoin (DOGE)—the latest to see its share price climb after revealing such plans. Thumzup, which trades as TZUP on the Nasdaq, announced its board has approved a $10 million share repurchase program running
This is a segment from the Forward Guidance newsletter. To read full editions, subscribe. Not all digital asset treasury companies (aka DATs) will last forever. Some just won’t be able to hack it. Others will, as we saw this week, get gobbled up by a competitor. But there’s a bigger picture for this segment that
The Asia-Pacific is the fastest growing region for crypto adoption, research released Wednesday by blockchain data firm Chainalysis shows. In its annual 2025 Global Adoption Index, Chainalysis said that India, Pakistan, and Vietnam lead global crypto activity, with transaction volume in the APAC region growing from $1.4 trillion to $2.36 trillion. The report drew data
Publicly traded electric vehicle charging firm Jiuzi Holdings is adopting a crypto investment policy, after its board of directors authorized the firm to deploy up to $1 billion into acquiring and holding Bitcoin, Ethereum, and BNB. Shares of JZXN jumped as high as $2.38 on the news, a 47% spike above its Tuesday closing price,
Binance co-founder Changpeng “CZ” Zhao has refuted a report by the Financial Times which said YZi Labs could be opened up to external investors. Zhao said the Tuesday report was “false news…with with fake/wrong/made-up info and negative narrative,” in a post on X. “As far as I know…YZi Labs is not raising an external fund,”
The treasury strategy targeting Bitcoin, Ethereum, and altcoins continues at a rapid pace. Major companies from around the world are making large purchases of various altcoins, including XRP, Solana, and BNB, in addition to BTC and ETH, with the latest news coming from China. Nasdaq-listed Chinese electric vehicle charging infrastructure company Jiuzi Holdings made a
The price of BTC$113,563.42 remains stuck in the mud and corporate bitcoin treasury firms have gone through a full boom-and-bust cycle in a matter of weeks, but the BTC miners have been in major bull mode thanks to artificial intelligence and high-performance computing as a new growth driver. The action continued on Wednesday, with the
FED Chairman Jerome Powell spoke last night for the first time since the interest rate decision was announced last week. However, Powell did not give a clear indication of interest rate decisions in the coming months. While this situation increases uncertainty, US Treasury Secretary Scott Bessent evaluated Jerome Powell’s statement yesterday. Powell Surprised! Speaking on
Key Takeaways DeFi Development Corp. authorized a $100 million share repurchase program. The buyback may be funded by capital raised through convertible notes. DeFi Development Corp., a firm focused on crypto asset acquisitions, today announced a $100 million share repurchase authorization. The company has been actively raising capital through convertible notes to acquire Solana and
Key Takeaways The SEC may conclude reviewing the final round of filings for spot crypto ETFs this week. New SEC listing rules approved in September enable faster launches of ETFs that directly hold crypto assets beyond just Bitcoin. The final wave of filings for spot crypto ETFs may wrap up this week as the SEC