treasury

Solana

2026-08-27 13:11:33

DeFi Dev resumes SOL purchases, lifting treasury holdings to about 2.33 million tokens

DeFi Development, a Solana treasury company known as DeFi Dev, has resumed buying SOL, according to Odaily, which cited SolanaFloor. The company said its latest purchase added 19,000 SOL at a total cost of about $1.86 million, with an average acquisition price of $98.14 per token. After the transaction, DeFi Dev’s SOL treasury holdings increased to about 2.33 million SOL. Based on the current price referenced in the report, those holdings are valued at roughly $182 million. The update focuses on the company’s latest treasury allocation and the resulting size of its SOL position. No additional details on timing beyond the announcement, funding source, or broader purchase plan were disclosed in the brief.

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Hyperliquid

2026-08-27 14:30:21

Hyperliquid Strategies says it raised $647 million and expanded its HYPE treasury

According to The Block, Hyperliquid Strategies said it has raised $647 million in equity capital and more than doubled its treasury of HYPE, the native token of Hyperliquid, to 29.3 million tokens. The company said those holdings were worth about $1.9 billion at the end of the fiscal year, while it still held $149.9 million in cash and carried no debt. It also said that after that reporting point, it deployed $773.4 million to acquire about 16.5 million additional HYPE at an average cost of $46.77 per token. Separately, the firm spent $27.8 million to repurchase PURR shares. As of Aug. 19, it said it had $132.6 million in cash remaining. The figures were cited by ChainCatcher in a newsflash referencing The Block’s report.

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enish

2026-08-27 04:38:14

Tokyo-listed enish approves first-stage SOL purchase capped at 100 million yen

Tokyo Stock Exchange-listed enish said its board has approved the purchase of Solana (SOL) as part of the company’s Decentralized Autonomous Treasury, or DAT, business, with the first-stage allocation capped at 100 million yen. The company had previously disclosed a plan to use part of a 640 million yen fundraising round to buy SOL, and the latest decision represents the initial step in carrying out that plan. According to the announcement carried by Techub News and attributed to CoinPost, the purchases are scheduled to take place within one month from the date of the board resolution. The exact amount of SOL to be acquired has not been fixed in advance and will depend on market prices at the time of purchase. The disclosure ties the board decision directly to enish’s previously announced treasury plan and sets a clear upper limit for this phase.

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Iran

2026-08-26 08:42:51

Iranian Rial Hits Record Low as New US Sanctions Add Digital Assets to Targets

Iran’s rial fell to a record low this week, with the open-market exchange rate reaching about 2.02 million rials per U.S. dollar on Aug. 24, compared with roughly 1.53 million in the first quarter. At the same time, the U.S. government launched what the report called “Operation Economic Outcast,” adding more than 60 entities to the Treasury blacklist and, for the first time, treating digital assets as a sanctionable area. The report also tied Iran’s crypto infrastructure to state-linked actors, saying farms connected to the Islamic Revolutionary Guard Corps, or IRGC, control about 65% of the country’s bitcoin mining capacity. Iranian miners have accounted for about 3% to 7% of global Bitcoin hash rate since 2019, with mined bitcoin valued at roughly $1.35 billion to $3.15 billion at different stages. Chainalysis estimated that wallets linked to the IRGC received more than $3 billion in the fourth quarter of 2025, while Elliptic said the Central Bank of Iran holds at least $507 million in USDT.

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Strategy

2026-08-25 10:05:14

Strategy Sells $2 Billion of Stock, Leaves Bitcoin Holdings Unchanged, and Builds a New $1.59 Billion Cash Pool

Strategy sold 18,261,118 shares of common stock for net proceeds of $2.01 billion in the week ended Aug. 23, according to an 8-K filed Monday. The company did not buy any bitcoin with the money. Instead, it used about $136.4 million to repurchase 1,431,212 STRC preferred shares, sent $300 million into its USD Reserve to bring that pool to $5.10 billion, and set aside the remaining $1.59 billion as a new USD Cash pool. Bitcoin holdings were unchanged at 840,447 BTC, acquired for $63.36 billion at an average price of $75,385 each. Strategy said USD Cash can be used for general Bitcoin Treasury Company purposes, including buying bitcoin, repurchasing common or preferred stock, retiring convertible notes, or adding to the reserve. The company also said the flexibility should let it respond faster to dislocations in the bitcoin market or in its own securities. The move came after a rough stretch for Strategy’s financing structure. The company overhauled its financing in late June and said in July that it had sold $216 million of bitcoin, its largest disposal ever, to fund dividends and rebuild the reserve. Pressure had built around STRC, the variable-rate preferred security that funds much of Strategy’s buying and fell well below par in June, forcing the company to pause the share sales at the center of Michael Saylor’s flywheel.

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US sanctions

2026-08-25 10:21:41

US Treasury Expands Sanctions Reach Over Iran’s Crypto Sector

The U.S. Treasury has expanded its sanctions authority to cover foreign persons operating in or serving Iran’s digital asset sector, part of a broader campaign Secretary Scott Bessent called “Economic D-Day.” OFAC also issued five sectoral determinations under Executive Order 13902, adding digital assets, technology, gold, aviation and shipping. Treasury said Iran is increasingly using crypto to evade sanctions, and the action named about 60 entities, individuals and vessels, including two with direct crypto links. One involved more than $100 million in crypto payments tied to oil sales for the IRGC’s Qods Force; another was accused of taking control of a Bitcoin wallet holding over $30,000. Tehran dismissed the campaign before it fully landed, while the rial hit a record low on Monday.

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Bitcoin

2026-08-24 20:16:03

Bitcoin’s 23.2% Jump Reignites a Trade Against the Dollar

Bitcoin rose 23.2% in seven days and moved above $77,000 on Friday as gold advanced and the dollar weakened, reviving talk of the “debasement trade.” The move followed the U.S. Treasury’s expanded buybacks of long-dated bonds. Bitget Wallet analyst Lacie Zhang said the pairing of higher Treasury yields, a softer dollar and gains in Bitcoin and gold points to rising concern over the U.S. fiscal outlook. Nansen senior research analyst Jake Kennis said the correlation is suggestive, but not proof. He noted that lower confidence in the dollar is only one possible explanation, alongside higher term premium, inflation uncertainty or changing growth expectations. The rally also triggered more than $4 billion in short liquidations, according to CoinGlass. Separately, President Donald Trump urged Congress to pass a “fair version” of the Clarity Act, while CFTC Chair Michael Selig said the agency was preparing crypto market structure rules in case legislation stalls. Zhang said a true systemic vote against the dollar would require close tracking of real yields and derivatives positioning, while Kennis said a liquidity-driven rally would look more like a move tied to Fed easing expectations, equities and credit, or BTC ETF inflows and on-chain accumulation.

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Pons

2026-08-24 10:51:01

Pons says 28.52% of PONS supply has been burned

Pons said in a post on X that 28.52% of the total PONS supply has already been burned. The project also said the Pons Treasury continues to use 80% of protocol fee revenue to buy more PONS. The update focused on two points: the share of supply that has been destroyed and the ongoing treasury allocation tied to protocol fees. No additional figures, timing details, or operational breakdown were provided in the post excerpt cited by Odaily.

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