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Nasdaq Firm Targets $500M SOL Reserve As Corporate Crypto Treasuries Boom


Corporate cryptocurrency treasuries continued their growth trajectory this week, as publicly listed US companies continued announcing plans to raise hundreds of millions for altcoin treasury reserves.

On Monday, Nasdaq-listed Helius Medical Technologies announced the launch of a $500 million corporate treasury initiative built around the Solana token (SOL), signaling more corporate crypto adoption.

A day later, Standard Chartered’s venture arm, SC Ventures, announced plans to raise $250 million in capital for a digital asset investment fund, set to…



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by Cointelegraph

United States-based Bitcoin mining company TeraWulf nearly doubled its third-quarter revenue this year thanks to price growth in Bitcoin, as well as an expansion in mining capacity and new income from its AI business. Revenue for the third quarter increased 87% year-over-year to $50.6 million, with “digital asset revenue” making up $43.4 million, according to TeraWulf’s Q3 earnings report on Monday. In Q1, the company had reported a net loss, and in Q2, the miner’s revenue increased 34% year-over-year to $47.6 million.  “These increases were… Source link

by Tech In Asia

After the announcement, Iren raised its 2026 annual recurring revenue guidance from US$500 million to US$3.4 billion. Source link

by Tech In Asia

The company reported Q3 net profit of US$56.8 million, up from US$38.5 million a year earlier. Source link