Michael Saylor’s Strategy did not purchase any Bitcoin last week, reporting just two acquisitions in July totaling 10,445 BTC, a 39% drop from June. Michael Saylor’s Strategy, the world’s largest public holder of Bitcoin, reported no Bitcoin buys last week despite the asset seeing volatility after breaking all-time highs in mid-July. Strategy’s Bitcoin (BTC) holdings remained unchanged at 607,770 BTC as the company opted not to buy more BTC last week, according to a US Securities and Exchange Commission filing on Monday. The price of Bitcoin climbed from about $118,000 to more than $119,000 over the course of the week, despite Strategy’s inactivity and a reported 80,000 BTC sale by an early investor on Friday, according to data from CoinGecko. Read more
Grove will deploy capital to two Janus Henderson products on the Avalanche blockchain, targeting US Treasurys and collateralized loan obligations. Grove, an institutional-grade credit protocol backed by Steakhouse Financial, is targeting $250 million in real-world assets (RWAs) on the Avalanche blockchain — a move that will significantly expand the network’s tokenization footprint. As part of this effort, Grove is partnering with the tokenization platform Centrifuge to launch two Janus Henderson products on Avalanche. Janus Henderson is a $373 billion asset manager known for its mutual funds, exchange-traded funds (ETFs) and alternative investments Initially, Grove will deploy capital to the Janus Henderson Anemoy AAA CLO Fund (JAAA) and the Janus Henderson Anemoy Treasury Fund (JTRSY). Read more