Block automatically scans in $120 million, Riot's computing power "physically isolated," Latin America's giant increases holdings across seasons

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Mars Finance reports that, according to BBX data, yesterday, as the closing day of the first quarter, multiple companies carried out their end-of-quarter “automatic treasury conversion” and hard asset settlements. The key data is as follows: $120 million swept in at quarter end: Block Inc. (NYSE: $XYZ) yesterday strictly implemented its algorithm-driven treasury strategy, automatically transferring approximately $120 million in fiat idle profits at the end of Q1 into its Bitcoin pool. This “no human intervention” dollar-cost averaging mechanism ensures protection from emotional fluctuations caused by short-term price volatility. Physical isolation of computing power: Riot Platforms (NASDAQ: $RIOT) announced yesterday that its first batch of 2 EH/s computing power from its new facility on the island of Corsica has successfully come online. Notably, this portion of computing power is designated as a “treasury dedicated line,” and all BTC produced will be physically cold-stored, with 100% retained, completely separate from the daily operational fund pool used for sales. 150 miners exchanged and settled in full: Canaan Technology (NASDAQ: $CAN) disclosed its Q1 financial update yesterday, confirming that it has directly settled the remaining payments for some major clients’ miner sales in Bitcoin, totaling 150 BTC, officially completing the transition from “selling shovels” to “hoarding gold.” $40 million regional hedge: MercadoLibre (NASDAQ: $MELI) disclosed yesterday during its quarter-end asset revaluation that it added a $40 million mixed BTC/ETH position in late March. This move aims to hedge against the sharp depreciation of multiple Latin American currencies against the US dollar during Q1. $85 million staking snowball: DeFi Technologies (CBOE: $DEFTF) announced yesterday that its treasury has surpassed $85 million. In addition to asset appreciation, the staking interest generated by its held SOL during Q1 has been fully reinvested, achieving absolute compound growth in the quantity of crypto assets.

BTC1.43%
ETH3.05%
SOL0.92%
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