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#Digital asset treasury

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Evernorth Debuts on Nasdaq With 473M XRP as XRPN Trading Begins
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Evernorth Debuts on Nasdaq With 473M XRP as XRPN Trading Begins

Key Highlights Evernorth completed a public market transaction backed by roughly 473 million XRP and approximately $300 million in gross cash proceeds before expenses. Led by Founder and CEO Asheesh Birla, the firm aims to boost XRP-per-share metrics using institutional and decentralized finance yield strategies alongside blockchain infrastructure investments. The public debut features a Nasdaq ...

Evernorth Updates XRP Treasury Timeline Following Administrative Delay
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Evernorth Updates XRP Treasury Timeline Following Administrative Delay

Key Highlights: Evernorth Holdings Inc. and special purpose acquisition company Armada Acquisition Corp. II have submitted a revised schedule to the SEC postponing their planned merger closing and public debut dates. Armada II shareholders previously approved the business combination on September 30, paving the way for the combined entity to trade under the Nasdaq ticker ...

Tron Inc. Buys TRX for 252 Consecutive Days, Holdings Reach 716.8 Million Tokens
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Tron Inc. Buys TRX for 252 Consecutive Days, Holdings Reach 716.8 Million Tokens

Key Highlights: Tron Inc. acquired 147,060 $TRX tokens on October 1, 2026, at an average price of $0.3400. The purchase increased Tron Inc.’s $TRX treasury to more than 716.8 million tokens. The company has been making regular $TRX purchases as part of its Tron DAT digital asset treasury strategy. Tron Inc. Expands $TRX Treasury With ...

VanEck Labels Metaplanet ā€˜Bad,’ Calls Executive Pay a ā€˜Shareholder Trap’
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VanEck Labels Metaplanet ā€˜Bad,’ Calls Executive Pay a ā€˜Shareholder Trap’

Key Highlights VanEck rates Metaplanet’s executive compensation ā€œBadā€ due to a 14.7% option pool driving shareholder dilution, far exceeding the 4.0% peer average among Digital Asset Treasury companies. Metaplanet’s officer exposure stands at 8.2% (10.4x the 0.8% average) and its largest individual officer position at 3.8% (5.9x the 0.6% average), with no performance conditions beyond ...