Crypto Treasury
US burger chain Steak ‘n Shake has purchased $10 million worth of bitcoin, adding to its strategic cryptocurrency reserve. The move builds on the company's adoption of bitcoin payments since May 2025, which it credits for boosting sales. This acquisition highlights the growing trend of firms integrating digital assets into their financial strategies.
Reported by AI
Evernorth Holdings, a Ripple-backed XRP treasury, is set to go public via a SPAC merger amid a tough market for crypto treasuries. CEO Asheesh Birla argues the timing is ideal due to a favorable US regulatory environment. The company holds 388 million XRP tokens, currently valued at $812 million.
December 30, 2025 17:48