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Strategy Adds 525 Bitcoin in Latest Purchase
Strategy(MSTR) said Monday it purchased another 525 BTC for $60.2 million, bringing the company’s total holdings to 638,985 BTC, according to an SEC filing.
The latest acquisition was made at an average price of $114,562 per bitcoin, raising the firm’s overall average purchase price to the same level.
So far in 2025, MSTR shares have underperformed bitcoin, gaining just 13% compared with bitcoin’s 23% rise.
Top Ethereum Treasury Firm BitMine Immersion Now Holds Nearly $10 Billion in ETH
Bitcoin miner BitMine Immersion has over $10.7 billion mostly in Ethereum on its balance sheet, the company announced on Monday.
The Nasdaq-listed firm, which trades as BMNR, said that it currently held 2,151,676 ETH, worth $9.7 billion and 192 Bitcoin worth nearly $22 million at today's prices. It added that it also had unencumbered cash of $569 million, a $214 million stake in crypto treasury Eightco, and "other crypto holdings."
The Peter Thiel-backed company is the biggest corporate holder of ETH, the second largest cryptocurrency by market value.
Coinbase Is Considering Launching a Token for Ethereum Network Base
Coinbase said Monday that it is "exploring" a token launch for Base, its Ethereum layer-2 network, following years of saying that it wasn't actively considering the prospect.
During a presentation at Monday's livestreamed Basecamp event in Stowe, Vermont, Coinbase Head of Base Jesse Pollak confirmed that potential token plans are in the works.
"Base is beginning to explore a network token," the network's official account posted to X afterwards. "We’re in the early phases of exploration, and don’t have any specifics to share around timing, design, or governance. We’re committed to bringing the community along with us, and building in the open."
SEC, Billionaire Winklevoss Twins Resolve Lawsuit over Gemini Earn
The U.S. Securities and Exchange Commission agreed to settle a lawsuit that accused an exchange run by billionaire twins Tyler and Cameron Winklevoss of failing to register a cryptocurrency asset lending program before offering it to retail investors.
In a letter filed on Monday in Manhattan federal court, lawyers for the SEC and the exchange now known as Gemini Space Station said the settlement in principle would "completely resolve" the lawsuit over Gemini Earn, subject to approval by the commission.
The lawyers asked U.S. District Judge Edgardo Ramos to give them until December 15 to submit final paperwork, and to put all deadlines on hold.
Kindly MD's S3 Registration With the SEC Caused Share Price to Plunge, Affecting Its MNAV Ratio
David Bailey, CEO of newly formed Bitcoin treasury company Kindly MD, cautioned that the firm could be headed for volatility and said he would prefer naysayer investors leave now.
Bailey was referring to the company having submitted its S3 registration to the SEC on Friday, Sept. 12. The $200 million private investment in public equity offering,(PIPE) or PIPE, deal that the company used to raise funds offered shares to investors at a discount. Those investors were restricted from selling shares until the S3 was registered. TAnd now that it has been, those new shares are now freely tradeable on the open market.
Many investors who were feeling uneasy about Kindly MD, which trades on the Nasdaq under the NAKA ticker, have indeed headed for the exits. The company’s shares plummeted more than 55% $1.24 on Monday.
First XRP and Dogecoin ETFs Set for US Unveiling This Week
Traditional investors in the United States will be able to gain exposure to Ripple-linked asset XRP and leading meme coin Dogecoin (DOGE) this week via new exchange traded products set to debut from financial institutions Rex Shares and Osprey Funds.
The firms have registered the funds under the Investment Company Act of 1940, allowing them to hit the market alongside other crypto ETFs, which are registered like commodity trusts via the Securities Act of 1933. Their listing is expected on Thursday.
“Investors look to ETFs as trading and access vehicles,” Greg King, founder and CEO of REX Financial said.
Helius Shares Pump 141% Amid $500 Million Raise for Solana Treasury
Medical devices manufacturer Helius Medical Technologies has raised $500 million through a private placement in public equity (PIPE) to create a Solana treasury, the company announced on Monday, part of a growing list of Nasdaq-traded companies shifting their focus to accumulate SOL. The firm's stock price rose by more than 141% as of the close of trading Monday.
Venture capital firms Pantera Capital and Summer Capital led the offering, which also included Big Brain Holdings, Avenir, FalconX, Arrington Capital, Animoca Brands, and HashKey Capital, among others. The offering is expected to close on or around Thursday.
"We believe that Solana is a category-defining blockchain and the foundation on which a new financial system will be built," said Dan Morehead, founder and managing partner of Pantera Capital.
Bitcoin & Ethereum Spot ETF Flow
The overall net inflow of the US Bitcoin spot ETF on Monday was $260.02 million. The total net asset value of Bitcoin spot ETFs is $151.72 billion, and the ETF net asset ratio (market value compared to total Bitcoin market value) is 6.60%.
The Bitcoin spot ETF with the highest net inflow on September 15 was iShares Bitcoin Trust ETF (IBIT), with a net inflow of $261.82 million, according to SoSoValue.
Source: SoSoValue
The overall net inflow of the US Ethereum spot ETF on Monday was $359.73 million. The total net asset value of Ethereum spot ETFs is $29.72 billion, and the ETF net asset ratio (market value compared to total Ethereum market value) is 5.46%.
The Ethereum spot ETF with the highest net inflow on September 15 was iShares Ethereum Trust ETF (ETHA), with a net inflow of $363.19 million, according to SoSoValue.
Source: SoSoValue