Etzilla (ethz) The company has approved a $250 million share repurchase program as the company doubles its ether-centric financial strategy, the company said in a press release Monday.

The Florida-based company said the board would soon approve the buyback and would run until June 30, 2026, or until the $250 million allocation runs out.

In addition to the move, the NASDAQ registered company has now held 102,237 ETH, which it acquired at an average price of 3,948.72.

At current market valuation, the stash is worth around $489 million. The company also reported that it holds approximately $215 million, equivalent to US dollar cash.

“As we continue to expand ETH bookings and pursue differentiated yield opportunities, we believe our current aggressive stock repurchase programme underscores our commitment to maximizing shareholder value.”

Ethzilla has also introduced its own electrical asset protocol. It says it will be used to generate higher yields on crypto stocks.

As of August 24, 2025, the company reported that 102,237 ETHs had been issued about $489 million, $215 million in cash equivalents and 165,478,655 shares.

Buyback adds another layer to Ethzilla’s strategy of leveraging new yield protocols to enhance returns while also actively building ether reserves.

Ethzilla’s shares fell nearly 30% on Friday after it revealed that shareholders filed a maximum of 74.8 million shares. The stock was trading 4.5% lower at about $3.15 at the time of publication.

read more: Etazirah shares plummet nearly 30% as dilution threatens to overshadow the $349 million ether treasury

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Thumzup Media Corp. (TZUP), which counts Donald Trump Jr. as a large shareholder, said it will acquire Dogehash Technologies, Inc. in an all-stock deal, pivoting from digital marketing into industrial-scale crypto mining

Under the agreement, Dogehash shareholders will receive 30.7 million Thumzup shares, according to a Tuesday release, valuing the transaction at $153.8 million, based on the shares’ closing price. The combined company will rebrand as Dogehash Technologies Holdings, Inc. and list on Nasdaq under the ticker XDOG, pending shareholder approval later this year.

Dogehash operates about 2,500 Scrypt ASIC miners across renewable-powered data centers in North America, with plans to scale up further in 2026. Unlike firms that pad their balance sheets by simply buying coins, Dogehash has invested in its own infrastructure, giving it direct exposure to dogecoin

and litecoin block rewards at a lower cost base.

The deal comes on the heels of Thumzup’s $50 million stock offering in July, earmarked for mining expansion and digital asset accumulation. The company says it will also use Dogecoin’s DogeOS layer 2 to stake in DeFi products, aiming to boost miner returns beyond standard rewards.

This new deal adds to the Trump family’s expanding crypto empire. Eric Trump and Donald Jr. launched American Bitcoin earlier this year with Hut 8, which has over 60,000 miners.

Meanwhile, World Liberty Financial, another Trump-backed venture, struck a $1.5 billion deal with Nasdaq-listed ALT5 Sigma to inject its WLFI token into the firm’s treasury.

Thumzup stock fell 41% to $5.01 on Tuesday.

AI-powered education group Genius Group has boosted its Bitcoin holdings by more than 50% in a renewed show of confidence in the digital asset.

The company disclosed that it increased its corporate Bitcoin treasury from 66 BTC to 100 BTC, an addition of 34 BTC worth approximately $3.42 million, which brings the total value of its holdings to $10.06 million at an average purchase price of $100,600 per Bitcoin.

Genius Group Ramps Up Bitcoin Treasury

The move comes just weeks after a US Court of Appeals ruling on May 6 lifted restrictions that had temporarily blocked the firm from acquiring additional Bitcoin due to a legal dispute tied to its merger with FatBrain AI. The company resumed its BTC accumulation on May 22 with a $2.7 million investment, a move that signals a broader return to its Bitcoin Treasury Reserve Strategy.

The Singapore-based firm has reaffirmed its long-term ambition to grow its holdings to 1,000 BTC, which aligns with a rising trend of institutional adoption amid ongoing macroeconomic uncertainty.

In an official statement, Genius Group CEO, Roger Hamilton, said,

“We’re pleased to be able to have regained the right to manage our company’s capital in the way our Board and shareholders sees fit. Our 100 Bitcoin milestone is a significant step towards our 1,000 Bitcoin target.”

Genius Group suffered a turbulent period earlier this year when it was legally forced to downsize its treasury amid ongoing litigation. In April, the company began liquidating part of its Bitcoin reserves after a US District Court order barred it from raising capital or investing in BTC.

At the time, Hamilton criticized the court’s ruling as being rooted in false statements and financial coercion, and claimed the legal actions were orchestrated by individuals already facing fraud allegations.

From Crisis to Comeback

Data from Google Finance shows that Genius Group’s share price has fallen sharply in 2025, dropping by 68% from highs above $0.70 in early January to a low near $0.22 in April, which closely mirrored the timeline of the company’s legal challenges. However, the stock has shown signs of recovery in recent weeks, trading at $0.36 as of June 17.

The modest rebound suggests renewed investor confidence following the May court ruling.

Geneva, Switzerland, May 23, 2025 –  TRON DAO, the community-governed DAO dedicated to accelerating the decentralization of the internet through blockchain technology and decentralized applications (dApps), has announced the expansion of a strategic integration from Bridge, a leading stablecoin orchestration platform and a Stripe company. This development further solidifies TRON’s role as a preferred settlement layer for stablecoins, driven by its scalability, affordability, and consistent network performance.

 The TRON network has established itself as a dominant force in the greater blockchain landscape, hosting nearly one-third of the global stablecoin supply, including over $77 billion in USDT—more than half of its total circulation. USDT on TRON has demonstrated consistent growth as demand for fast and secure digital dollar infrastructure increases globally. The network also processes a daily average of $20 billion in USDT transfers and leads in active user engagement, with over 2.5 million daily active users. 

Bridge serves hundreds of developers in emerging markets who rely on TRON to execute payments and get access to US dollars and treasuries through stablecoins. The expanded support of Bridge’s cross-border API further enhances the scale, speed, and efficiency for developers to support stablecoin transactions on TRON.

“Whether developers are scaling payment applications or fine-tuning DeFi projects, these updates unlock new possibilities,” said Sam Elfarra, Community Spokesperson for TRON DAO. “Strengthening our integration is more than just a routine improvement, we’re giving developers the flexibility to build without limits and creating pathways for innovation.”

Several infrastructure and developer-focused enhancements aimed at streamlining stablecoin payments will be introduced as part of the integration’s expansion:

• End-to-end USDT.trx support across payment routes: Bridge now offers full interoperability for USDT.trx across all current and future payment routes, allowing developers to enable seamless cross-chain movement of stablecoins for both businesses and users.
• Fiat on/off-ramps for USDT.trx: Developers can now integrate direct fiat conversions for USDT.trx, bridging the gap between crypto and everyday spending.
• Memoless wallet support: Transactions on TRON no longer require memos, enabling broader wallet compatibility and simplifying the onramp experience for users.
• Native infrastructure for deposits and withdrawals: TRON is the first blockchain supported by Bridge’s proprietary deposit and withdrawal infrastructure. This will facilitate unlimited deposit addresses and increase the overall speed, reliability, and performance on TRON. 

These feature enhancements will allow both TRON and Bridge to better serve the growing ecosystem of developers building financial applications in emerging markets. With improved wallet infrastructure, smoother cross-chain transfers, and native fiat on/off-ramps, developers can create fast and seamless payment experiences on one of the most dominant networks for stablecoins.

About TRON DAO

TRON DAO is a community-governed DAO dedicated to accelerating the decentralization of the internet via blockchain technology and dApps.

Founded in September 2017 by H.E. Justin Sun, the TRON blockchain has experienced significant growth since its MainNet launch in May 2018. TRON hosts the largest circulating supply of USD Tether (USDT) stablecoin, exceeding $77 billion. As of May 2025, the TRON blockchain has recorded over 308 million in total user accounts, more than 10 billion in total transactions, and over $23 billion in total value locked (TVL), based on TRONSCAN.

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Abu Dhabi sovereign wealth fund Mubadala raised its exposure to Bitcoin (BTC) during the first quarter, purchasing 491,000 shares of BlackRock’s iShares Bitcoin Trust (IBIT), according to its latest Form 13-F filing.

Mubadala held 8,726,972 shares of IBIT as of March 31, up 6% from the previous quarter and worth approximately $408.5 million at the end of March and over $512 million at current prices.

Despite broader price volatility, the share count increase highlights the sovereign wealth fund’s commitment to Bitcoin. Based on its public disclosures, the fund’s IBIT position accounts for roughly 0.14% of its $302 billion in total assets under management.

Notably, Abu Dhabi has other significant state-owned investment vehicles, such as the Abu Dhabi Investment Authority (ADIA), the Abu Dhabi Developmental Holding Company (ADQ), and the Emirates Investment Authority (EIA).

Wisconsin exits Bitcoin ETF exposure

The State of Wisconsin Investment Board (SWIB), which manages assets for the Wisconsin Retirement System and other state-managed funds, reported no Bitcoin exchange-traded fund (ETF) holdings as of March 31, effectively liquidating its exposure in the first quarter. 

In its fourth quarter filing, SWIB had disclosed 6,060,351 shares of IBIT valued at $321.5 million. That represented a 110% increase from the 2,898,051 shares it held during the second quarter of 2024.

SWIB’s position had previously replaced its holdings of Grayscale’s GBTC, which it held through the second quarter of 2024. However, the complete exit reflected in its latest filing suggests a reassessment of short-term exposure to crypto through ETF structures.

The contrasting strategies between Mubadala and SWIB reflect a divergence in state-backed positioning toward Bitcoin amid a volatile pricing environment in early 2025. 

While Mubadala opted to expand its exposure through a higher share count despite a declining asset value, SWIB’s liquidation points to reduced risk tolerance or a pivot in portfolio strategy.

Both filings provide updated data on institutional investors’ response to Bitcoin’s volatility through ETF-based access as traditional finance integrates with crypto.

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Crypto.com is growing its U.S. presence with a new regional office in Washington, D.C.

This development comes as 21Shares has introduced a new Exchange-Traded Product (ETP) that gives investors regulated access to Crypto.com-supported blockchain Cronos.

Return to the American Market

According to a May 7 press release shared with CryptoPotato, the new office will be located in Downtown D.C., close to the White House.

“The U.S. market is central to the growth strategy of Crypto.com and the most exciting frontier for our entire industry,” said Matt David, President of North America and Chief Corporate Affairs Officer at the exchange.

He explained that with the current Administration creating a more stable regulatory environment and key members of Congress taking the lead, expanding the company’s presence and workforce in the capital would help support their shared goals of responsibly growing both the business and the wider crypto industry.

The D.C. desk will mainly focus on handling public and government-related matters for the company’s operations in the country. This marks Crypto.com’s latest expansion in North America, following the opening of its regional headquarters in Tyler, Texas, in 2024.

Last month, the Singapore-based exchange also partnered with Trump Media to launch a series of crypto-related exchange-traded products expected to go live later this year. This move is part of a larger industry trend in which global crypto firms are returning to and stepping up their activities in the U.S.

Recently, OKX shared plans to reopen its American crypto exchange and launch a new Web3 wallet for users in the region. Crypto lender Nexo also announced its return to the country’s market due to a better regulatory environment under President Trump’s Administration.

21Shares Launches Cronos-Focused ETP

In related news, 21Shares has launched a new ETP that allows investors regulated access to the Cronos blockchain and its native CRO token.

“By launching a Cronos ETP, we are offering investors … regulated exposure to a blockchain ecosystem that is driving real-world adoption,” said Mandy Chiu, head of financial products development at 21Shares.

According to a statement, the ETP will be listed on Euronext Paris and Amsterdam under the ticker CRON. The new product has a 2.5% management fee and is designed to help investors access emerging Web3 infrastructure.

Cronos is a Layer 1 blockchain built to power decentralized finance (De-Fi), NFTs, and AI-driven Web3 applications. Compatible with both Ethereum and Cosmos, it aims to bridge centralized and decentralized systems.

Crypto.com played a key role in developing the network and remains a major contributor. The CRO token is used for transaction fees on the blockchain and offers various benefits on the exchange.