Five Major Crypto-Linked Treasury Moves by Public Companies

ChainCatcher reports that, based on BBX data, publicly listed companies worldwide took five notable steps yesterday to optimize corporate treasury strategies. Boya Interactive (0434.HK) approved an additional US$50 million budget to buy Bitcoin and Ethereum, lifting cumulative digital-asset investment to more than US$250 million. The company said it aims to become Asia's largest digital-asset treasury entity. TeraWulf (NASDAQ: WULF) said it used cash flow from its high-performance computing business to repay its final tranche of high-interest debt. The company, which describes itself as one of the most energy-efficient crypto miners globally, said it entered a "100% production retention" phase effective yesterday. HIVE Digital (TSXV: HIVE) reported that profits from its Sweden-based AI data center covered global operating costs for a second straight month. As a result, all Bitcoin mined yesterday was booked as "net reserve", with no requirement to sell into the market. Acurx Pharmaceuticals (NASDAQ: ACXP) confirmed completion of its first US$10 million strategic Bitcoin purchase. The biopharma company said it intends to treat Bitcoin as a "value anchor" to support clinical R&D funding over the next five years. Public.com rolled out an "Automated Treasury Balancing" product for SMEs, designed to convert idle corporate cash into BTC on a proportional basis. First-day subscription volume exceeded US$80 million.