MicroStrategy aims to build the largest corporate treasury in Bitcoin, targeting to acquire 3-7% of the total supply, with plans to raise $4.2 billion through preferred stock offerings. Meanwhile, Metaplanet is also on a mission, launching a $3.7 billion initiative to reach 210,000 BTC by 2027, although its recent fundraising plans caused a slight stock drop. Coinbase's latest earnings report highlighted a stark shift, revealing that XRP has outperformed Ethereum in generating consumer transaction revenue, making up 13% compared to Ethereum's 12%. This shift occurred amid a broader revenue decline of 25% for Coinbase, underscoring the evolving dynamics of the crypto market.
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