Oksana Koneva

KCEX releases weekly update on corporate crypto treasury activity

KCEX releases weekly update on corporate crypto treasury activity
KCEX reports weekly treasury activity

KCEX reported shifts in corporate digital asset strategies for the week of October 12–18, highlighting changes in BTC, ETH, and SOL holdings by companies such as Strive, Strategy, BitMine, and DeFi Development, with BitMine now staking 5.07 million ETH.

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KCEX provided an overview of corporate digital asset treasury activity during the week of October 12–18. The update noted increases in holdings among several entities, with Strive adding 4,045 BTC, Strategy acquiring 267 BTC, BitMine increasing its holdings by 12,535 ETH, and DeFi Development accumulating 3,983 SOL and related assets. Additionally, BitMine's total staked ETH reached 5.07 million, with an estimated staking yield of $309 million. Further specifics regarding the companies’ strategies or the context of these asset changes were not disclosed.

KCEX is a centralized cryptocurrency exchange established in 2021 and registered in the Seychelles, operating under regulatory frameworks in the United States and Canada. The platform offers spot and futures trading for cryptocurrencies, emphasizing user-friendly access and a transparent security system, but does not provide options for fiat transactions or passive investment products. For more details, see the full broker profile on Traders Union: full review on Traders Union.

For more background on KCEX’s efforts to enhance user trading conditions, see our earlier news about KCEX announcing a zero-fee structure for spot trading, including free deposits and withdrawals, in our previous KCEX update on Traders Union.

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