Wells Fargo increased its exposure to ether ETFs and sharply expanded its position in Strategy during the first quarter, while trimming some bitcoin ETF holdings and significantly reducing its stake in Galaxy Digital. Bitcoin ETF Holdings Trimmed by Wells Fargo as Ether Exposure Grows Wells Fargo adjusted its crypto-related portfolio in the first quarter of […]
Metaplanet Inc. (TSE: 3350), the Japanese investment firm often likened to Asia’s version of Strategy, released its first-quarter financial results for 2026 on Wednesday, revealing a massive expansion of its digital asset treasury. Tokyo’s Metaplanet Hits 40,177 Bitcoin Milestone Amid Q1 Earnings Volatility The company announced that its total bitcoin holdings reached 40,177 BTC as […]
Metaplanet posted strong Q1 operating income driven by Bitcoin options revenue, but swung to a $728 million loss as BTC price declines triggered valuation markdowns.
The post Bitcoin Treasury Firm Metaplanet Reports Massive Q1 Loss, Stock Dips 4% appeared on BitcoinEthereumNews.com.
Despite strong revenue growth in its crypto-oriented businesses, Japanese Bitcoin treasury firm Metaplanet experienced an out-sized loss. For the quarter ending in Q1 2026, the company saw net losses of over $700 million as it aggressively increased its Bitcoin position. Its stock tumbled nearly 4% amid the weak earnings report. Japan’s Bitcoin Treasury Giant Metaplanet Announces Q1 Earnings The company’s Q1 2016 earnings presentation shows that ordinary losses grew to ¥114.9 billion ($725 million). It marked a 17x uptick from a previous year loss of ¥6.8 billion ($43 million). The net loss was also at ¥114.4 billion ($724.8 million) compared with ¥5 billion ($35 million) in the first quarter of 2025. Losses were mostly due to the Bitcoin price decline in Q1, similar to Strategy’s losses in the quarter. During the quarter, Metaplanet reported a valuation loss of ¥116.3
Jane Street has reduced several major Bitcoin-linked holdings during the first quarter of 2026 while adding to its exposure across Ether ETFs and selected crypto equities. According to a 13F filing released Tuesday, the Wall Street trading firm sharply lowered…
The post CLARITY Act: Galaxy’s Alex Thorn Reveals Secret To Securing Bipartisan Support appeared on BitcoinEthereumNews.com.
Galaxy Digital’s Alex Thorn says the newest edition of the CLARITY Act could get a much-needed bipartisan boost. For this, he spotlighted a surprising addition with Senators John Kennedy and Elizabeth Warren. Alex Thorn Reveals How CLARITY Act Could Get Bipartisan Backing The U.S. Senate Banking Committee on Tuesday released the entire text of the CLARITY Act. In the draft, Thorn noted that the addition of the “Build Now Act” could help garner more bipartisan political support before this week’s markup. Thorn outlined each of these changes in a series of posts on X. He mentioned notable updates to a variety of sections of the proposed plan. These include new powers for the SEC, definition of DeFi, provisions on insider trading, and the bankruptcy regulations for crypto companies. In addition, he noted that the CLARITY Act has specifically added Section 904, the ‘
Marathon Holdings reported a challenging first quarter for 2026, characterized by a significant net loss despite strategic efforts to reduce debt and pivot toward artificial intelligence (AI). Surge in Operating Costs Digital infrastructure company Marathon Holdings attributed a decline in revenue in the first quarter of 2026 to a decrease in the U.S. dollar value […]