🪙 Michael Saylor's 2020 BTC bet sparked a corporate treasury shift. Now, thanks to 2024 ETF approvals, firms are adopting the playbook—but the strategy shows mixed results and high volatility.@HeleneBraunn reports. BTC Treasuries Month is presented by @GeniusGroupLtd_.https://t.co/mAaivwvjRi ...

Business Combination & Launch - Sonnet BioTherapeutics (SONN) announced an $888 million business combination to launch a HYPE treasury [1] - The new entity is expected to launch with 12.6 million HYPE, valued at $583 million, and rebrand to Hyperliquid Strategies Inc [1]

Stock Performance - GAME stock price increased by 60% to $1.59 [1] Investment & Treasury - GameSquare Holdings (GAME) raised $8 million to purchase ETH [1] - The board approved up to $100 million in ETH investments over time [1] - A potential 9-figure (over $100 million) ETH corporate treasury is being established [1]

Company Strategy - Vanadi Coffee plans to acquire Bitcoin for its corporate treasury [1] - The company aims to raise over $1 billion (1B+) via private investors for Bitcoin acquisition [1] Company Profile - Vanadi Coffee operates only 6 shops located in Alicante, Spain [1]