Futu approved for a $20 million limit, DraftKings enters the Web3 treasury, Greenidge retains full amount

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Abstract generation in progress

Mars Finance news, according to BBX data, yesterday as the first full trading week of Q2 unfolded, global listed companies disclosed multiple key figures related to “cross-sector position building.”: 2 0 million USD allocated: Futu Holdings (NASDAQ: $FUTU) announced before market hours yesterday that the board has formally approved a $20 million allotment for a crypto asset treasury allocation. The first batch of purchased BTC and ETH has completed custody with compliant institutions, aiming to optimize its global multi-asset balance sheet. 15 million USD initial stake: DraftKings (NASDAQ: $DKNG) disclosed that it has completed a $15 million strategic allocation to Bitcoin. As a North American sports betting and gaming giant, the company plans to use this reserve as the underlying settlement funds pool for its upcoming “Web3 sports prediction market.” 100% hashrate retention: Greenidge Generation (NASDAQ: $GREE) released its operational guidance for March and the beginning of Q2 yesterday, announcing that its mining facility in New York State has officially entered a 100% production and retention phase, and further lowered the cost to acquire each BTC by leveraging off-peak electricity prices. 5 million USD IP anchoring: Lionsgate (NYSE: $LGF.A) confirmed yesterday that it has moved $5 million to purchase Bitcoin. This is the first time a leading Hollywood production studio has added a digital hard asset to its balance sheet, with the goal of providing a real asset reserve backing for the on-chain tokenization (RWA) of its future film IP. Treasury hedges infrastructure: Cboe Global Markets (BATS: $CBOE) announced yesterday that it has launched two new “enterprise-grade Bitcoin volatility index options,” specifically designed to serve listed companies whose balance sheets include more than 500 BTC, helping them smooth fluctuations in their book values during the quarterly reporting period.

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