Several medium-sized publicly listed companies have taken significant steps in their treasury strategies to combat inflation and censorship. According to ChainCatcher, Rumble, a streaming platform known for promoting free speech, has approved a $20 million budget to strategically allocate Bitcoin. The company plans to convert part of its idle cash into BTC to create a hard asset reserve pool for the creator economy, free from traditional banking system interference.
Exodus Movement has updated its end-of-quarter financial data, confirming that the total digital assets on its balance sheet, primarily Bitcoin and stablecoin holdings, have surpassed $150 million.
Blueport Interactive announced it has used $5 million of its cash reserves over the past week, including the weekend, to purchase Bitcoin and Ethereum, strengthening its position as a Web3 concept stock in the Hong Kong market.
Equinix, a global data center giant, revealed in an internal test that its European division's pilot 'B2B cryptocurrency payment' will retain 50% of received BTC and USDC directly on the balance sheet, rather than converting it entirely into fiat currency as done previously.
Argo Blockchain disclosed that its Texas mining facility achieved a 100% retention rate of its hash power output over the weekend, including yesterday. Through optimized power scheduling, the company avoided selling any new mining output during the low liquidity period of the weekend.
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