Satsuma’s DAT Experiment Ends: Shareholders Force 668 BTC Sale and LSE Delisting

Over 90% of Satsuma investors backed selling 668 BTC (~$43.5M) and delisting from London, ending a sub-12 month DAT run. The unwind highlights the NAV trap in listed Bitcoin treasuries.

Jack Mallers Steps Aside at Twenty One Capital as Strike Walks from Tether-Backed Bitcoin Deal

Twenty One Capital taps Raphael Zagury as CEO, succeeding founder Jack Mallers, while Strike withdraws from a Tether-supported three-party Bitcoin merger—signaling shifting alignments.

Uphold adds U.S. fractional trading for 4,000+ stocks and ETFs, enabling one-step BTC-to-equity moves

Uphold launches U.S. fractional trading for 4,000+ stocks and ETFs, letting users shift from Bitcoin to equities like Berkshire Hathaway in a single in‑app step.

Galaxy funds Bitcoin’s quantum preparedness with up to $5M in builder grants

Galaxy launches the Bitcoin Quantum Readiness Initiative, earmarking up to $5M for developers to harden Bitcoin against future quantum risks and coordinate a safe migration.

Satsuma investors back unwind of bitcoin reserves and plan London market exit

Shareholders of UK-based Satsuma Technology voted to liquidate its bitcoin holdings and pursue a London delisting—less than a year after raising $218M for a BTC-first strategy.

Jack Mallers Exits Twenty One Capital as Tether’s Three-Way Bitcoin Rollup Unravels

Jack Mallers leaves Twenty One Capital to refocus on Strike as Tether abandons plans to merge Twenty One, Strike, and Elektron Energy. XXI slides nearly 18% amid a strategy reset.

Galaxy Pledges Up to $5M to Prime Bitcoin for the Quantum Era

Galaxy launches a Bitcoin Quantum Readiness Initiative with grants, research, and an expert council as Q-Day risk nears 2030–2033 and ~7M BTC sit in exposed addresses.

CoinShares rolls out UCITS platform, unveils Bitcoin Mining ETF for European institutions

CoinShares launches a UCITS platform and a Bitcoin Mining ETF, targeting Europe’s ~$30T fund market. Why a miners-first strategy could be the practical bridge for institutional crypto exposure.

TD Cowen cuts Smarter Web Company target 36% to £0.64, keeps Buy as bitcoin outlook resets

TD Cowen trims Smarter Web’s price target by 36% to £0.64 while maintaining a Buy rating, citing updated bitcoin forecasts and treasury assumptions. Here’s the real signal.

Strategy trims $263.5M in MSTR, skips new BTC buys, and lifts cash reserve above $3.2B

Strategy sold $263.5M of MSTR shares, added no new bitcoin, and pushed USD reserves past $3.2B while holding roughly 4% of bitcoin’s capped supply worth about $54.7B.