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DIGIT – Page 167 – DIGIT INFO

Bit Digital Posts $146M Q1 Loss as Ethereum Treasury Tops 155,000 ETH

Bit Digital reported a $146.7 million quarterly loss as lower ether prices weighed on its balance sheet, while the company continued expanding its ethereum treasury and AI infrastructure strategy. The firm now holds more than 155,000 ETH and is increasingly shifting away from bitcoin mining. Bit Digital Expands ETH Treasury to $327M, Staking Income Declines … Read more

Coinbase Co-Founder Meets with US and Venezuelan Officials in Major Investment Push

Ersham has reportedly been meeting with Venezuelan officials, floating possible investments in the energy and fintech sectors. He recently appeared in a tech event hosted by Banco de Venezuela, promoting the nation’s potential to become the “best country in Latam.” Coinbase’s Fred Ersham Shows Interest in Venezuela’s Economic Recovery Potential While Venezuela has been battling … Read more

Entain Directly Targets Premier League Clubs Citing ‘Cryptocurrency Reliance’ in Sponsor Ban

Entain General Counsel Simon Zinger has written directly to six Premier League clubs, urging them to commit to UK-licensed gambling sponsors only for the 2026/27 season, citing Stake’s “heavy reliance on cryptocurrency” and BJ88’s use of “unregulated payment methods like cryptocurrency to evade financial oversight” in letters reported by SBC News today. Entain’s General Counsel … Read more

Strategy to Repurchase $1.5B in Notes, Says Bitcoin Sales Could Fund Deal

Strategy plans to repurchase about $1.5 billion of convertible notes, with the final price tied partly to its stock performance. The filing also lists bitcoin sales as a possible funding source, renewing focus on its treasury strategy. Strategy Details $1.5 Billion Convertible Note Repurchase Plan On May 15, Strategy Inc. (Nasdaq: MSTR) announced on X … Read more

XRP Ledger Activity Jumps as Price Tests $1.55, Large Wallets Set Record

XRP Ledger activity climbed as XRP cleared $1.54, with Santiment reporting 48,453 active wallets and the strongest network growth reading since March. The surge pointed to renewed participation as price momentum returned. XRP Ledger Activity Rises as Price Tests $1.55 The XRP Ledger posted its strongest 24-hour activity since March after XRP moved above $1.54 … Read more

Tokenized Assets Could Reach $1.6T by 2030, Binance Research

Binance Research said tokenized assets could reach $1.6 trillion by 2030 as institutions test blockchain-based financial products. U.S. Treasury products, gold-backed commodities, and tokenized public equities remain key areas of adoption. Tokenized Markets Move Toward Wider Adoption Binance Research published a report on May 15 that framed tokenization as a growing bridge between traditional finance … Read more

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