ChainCatcher report, according to BBX data, yesterday saw global publicly traded companies demonstrate a strong shift in their crypto treasury strategies from “own-funds purchases” to “large-scale capital market instruments”: Convertible Bond Powerhouse: Marathon Digital (NASDAQ: $MARA) announced yesterday its plan to privately issue $500 million in convertible senior notes, with net proceeds primarily intended for additional Bitcoin purchases. This marks top-tier mining companies following the MSTR model by leveraging capital market premiums to directly expand their reserves. Treasury Allocation Boost: Rumble’s (NASDAQ: $RUM) board approved an additional $20 million allocation for Bitcoin yesterday. As a leading video platform, Rumble is treating BTC as the core financial settlement asset for its decentralized content ecosystem. Hong Kong Digital Pioneer: Shengli Securities (HKG: 8540) disclosed yesterday that its自有 funds portfolio now allocates 35% to digital assets. The company explicitly stated it will leverage its Hong Kong SFC licensing advantage to continuously expand its financial exposure in the Web3 space. High Retention Strategy: TeraWulf (NASDAQ: $WULF) released its latest operational report, revealing a Bitcoin production retention rate (HODL Rate) of 95% yesterday. Leveraging its low-cost, nuclear-powered infrastructure, the company has achieved nearly full “produce-and-hold” financial discipline. Small-Cap Defense: LQR House (NASDAQ: $LQR) confirmed execution of its previously approved $1 million Bitcoin purchase plan. Though modest in scale, this further validates the widespread trend among U.S. small-cap companies adopting BTC as a standard “firewall” against cash inflation.
MARA to Raise $500M for Bitcoin Purchases, Rumble Adds $20M, and VICTORY SECURITIES Increases Crypto Holdings to 35%
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Summary
Marathon Digital (MARA) plans to raise $500 million through convertible notes to purchase Bitcoin, following MicroStrategy’s (MSTR) strategy. Rumble (RUM) added $20 million to its Bitcoin allocation, while Victory Securities (8540) now holds 35% of its assets in crypto. TeraWulf (WULF) reported a 95% HODL rate, and LQR House (LQR) purchased $1 million in Bitcoin. Traders are assessing the risk-to-reward ratio as technical analysis signals bullish momentum in crypto.
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