Kelp DAO hacker laundered about $220M in unfrozen funds through privacy 
channels, leaving roughly $1.7M in original wallets.

Kelp DAO hacker laundered about $220M in unfrozen funds through privacy channels, leaving roughly $1.7M in original wallets.

Kelp DAO hacker launders $220M as recovery window closes

Strive is preparing to expand its capital-raising capacity by $4.2 billion as 
the Bitcoin treasury company looks to fund additional BTC purchases, extending 
one of the fastest accumulation campaigns among public corporate holders. 
Chief executive Matt Cole said the company expects to increase the size of 
both its ASST and SATA at-the-market programs by $2.1 billion each. The 
proposed expansion would give Strive substantially more flexibility to issue 
securities into the market and direct proceeds toward its Bitcoin strategy, 
though ATM capacity does not mean the full amount has already been raised. 
“Strive expects to increase the size of both the ASST and SATA ATM programs by 
$2.1 billion each, reflecting a sustained increase in liquidity and demand for 
both securities. We will provide a balance sheet update tomorrow pre-market,” 
Cole wrote on X. Related Reading: Weiss Crypto Says Best Bitcoin Buying 
Opportunity In Years May Be Near The announcement comes shortly after Strive 
raised approximately $194 million through its SATA preferred stock offering 
last week, equivalent to about 2,621 BTC at current market prices. The company 
currently holds approximately 16,500 BTC, valued at roughly $1.27 billion, 
placing it among the largest public Bitcoin treasury companies. Based on 
BitcoinTreasuries.net’s public-company leaderboard, Strive ranks seventh among 
listed corporate Bitcoin holders with 16,500 BTC. The firms ahead of it are 
Strategy, by far the largest holder with more than 843,000 BTC, followed by 
Twenty One Capital, Metaplanet, MARA Holdings, Bitcoin Standard Treasury 
Company and Bullish. SATA Becomes The Bitcoin Funding Engine SATA has become 
central to that model. Strive launched the Variable Rate Series A Perpetual 
Preferred Stock in November 2025, with the IPO upsized to 2 million shares 
from an initially targeted 1.25 million shares. At the time, the company said 
it had acquired 1,567 BTC at an average price of $103,315 and held 7,525 BTC 
as of November 10, 2025. Related Reading: Strategy Sells Bitcoin For First 
Time Since 2022 Tax-Loss Trade “The successful IPO of the SATA Stock makes 
Strive the first Bitcoin treasury company to finance its Bitcoin amplification 
exclusively through perpetual preferred equity, and the second overall, after 
Strategy, to issue a publicly traded perpetual preferred equity security,” 
Cole said at the time. “While Strive only went public in September, we’ve 
quickly shown the market both the speed and the precision our team operates 
with to drive long-term value to our shareholders, with Bitcoin as our hurdle 
rate.” The product has since become a larger part of Strive’s capital stack. 
The company’s website says SATA’s 13% APR monthly dividend schedule is set to 
transition to payments every business day beginning June 16, 2026, increasing 
the dividend frequency from 12 payments per year to roughly 250 payments per 
year. Strive has also said it targets a $99 to $101 trading range for SATA and 
holds cash and marketable securities in reserve for dividend payments. Strive 
CIO Ben Werkman wrote via X late Monday: “More than $100M in volume on the ex- 
dividend date, with a closing price of $99.56, down just 0.44% from par. 
Continued progress for SATA.” At press time, BTC traded at $69,894. Featured 
image created with DALL.E, chart from TradingView.com

Strive is preparing to expand its capital-raising capacity by $4.2 billion as the Bitcoin treasury company looks to fund additional BTC purchases, extending one of the fastest accumulation campaigns among public corporate holders. Chief executive Matt Cole said the company expects to increase the size of both its ASST and SATA at-the-market programs by $2.1 &#8230;

Strive Seeks $4.2 Billion ATM Expansion To Fund More Bitcoin Purchases

PEPE trades between $0.0000037 and $0.0000054 in late May 2026, with a market 
cap near $1.6 billion, 86% below the $0.000028 high from December 2024. Two 
specific events have shifted the setup from pure speculation to something an 
analyst can…

PEPE trades between $0.0000037 and $0.0000054 in late May 2026, with a market cap near $1.6 billion, 86% below the $0.000028 high from December 2024. Two specific events have shifted the setup from pure speculation to something an analyst can…

PEPE price prediction 2026-2030: the first meme ETF test

Twenty One must add an independent audit committee member by June 5 or face an 
NYSE below-compliance flag from June 9.

Twenty One must add an independent audit committee member by June 5 or face an NYSE below-compliance flag from June 9.

Twenty One faces NYSE warning after SoftBank board exit

Bitcoin price has fallen below $70,000 after deepening ETF outflows, Mt. Gox- 
linked wallet movements and renewed geopolitical stress pushed traders into a 
risk-off stance. According to market data, Bitcoin (BTC) price traded near 
$69,400 on June 2 after falling more…

Bitcoin price has fallen below $70,000 after deepening ETF outflows, Mt. Gox- linked wallet movements and renewed geopolitical stress pushed traders into a risk-off stance. According to market data, Bitcoin (BTC) price traded near $69,400 on June 2 after falling more…

Will Bitcoin price fall to $65K next as ETF outflows deepen?

Ripple released 1 billion XRP from escrow at the start of June, the latest in 
its monthly unlock schedule, even as U.S. spot exchange-traded funds (ETFs) 
tied to the token posted their strongest month of 2026 with $118.29 million in 
net inflows. A Routine Unlock Meets Record ETF Demand Ripple, the company that 
uses the […]

Ripple released 1 billion XRP from escrow at the start of June, the latest in its monthly unlock schedule, even as U.S. spot exchange-traded funds (ETFs) tied to the token posted their strongest month of 2026 with $118.29 million in net inflows. A Routine Unlock Meets Record ETF Demand Ripple, the company that uses the &#8230;

Kelp DAO hacker launders $220M as recovery window closes

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