DeFi gets leaner: Gnosis fires treasury manager with 88% backing
Proposal GIP-143 cites extensive community discussions about KPK’s performance, cost, risk exposure, and alignment with DAO objectives.
Proposal GIP-143 cites extensive community discussions about KPK’s performance, cost, risk exposure, and alignment with DAO objectives.
Strategy founder Michael Saylor has made many dubious claims, but this week’s likening of MSTR to “digital treasuries” might take the cake.
Strategy has been adding BTC to its treasury at its slowest rate in five years. Worse, its mNAV is also falling.
Public treasury companies have raised about $10 billion this year to buy BTC, yet the spot price keeps falling.
Scott Bessent confirmed a disappointing amount of US government bitcoin this morning, putting the number at $15B to $20B.