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Muhammad Ahmad JZ6e
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#trumpmedis taps into CRO boom taking 19% of supply in massive $6.42B acquisition strategy. Oluwapelumi Adejumo Trump Media Group has reached a deal with Yorkville Acquisition Corp., a Nasdaq-listed blank check company, to form a new entity focused on acquiring and holding Cronos’s CRO token, according to an Aug. 26 statement. The proposed company, Trump Media Group CRO Strategy, will be capitalized with around $6.42 billion, which is a mix of cash, warrants, and digital assets. At closing, ownership will be shared between Yorkville, Trump Media, and Crypto.com, which are entering as founding partners. The company intends to list on Nasdaq under the ticker “MCGA.” Notably, all founding shareholders have agreed to a one-year lock-up on their holdings, followed by a three-year gradual release schedule. According to CryptoSlate’s data, CRO’s value jumped more than 21% to $0.19452 as of press time. CRO Treasury Under the agreement, the new treasury will receive roughly $1 billion in CRO, equal to about 19% of the token’s market capitalization at the time of announcement. In addition, partners plan to contribute $200 million in cash and another $220 million through warrant exercises. Yorkville has also arranged a $5 billion equity line of credit via an affiliate, providing a mechanism for further token purchases. The company plans to stake its CRO assets to generate recurring revenue. According to executives, the goal is to create a “flywheel effect.” This means that as more CRO is acquired and staked, the token’s value could rise, enabling further fundraising and deeper integration across financial services. Speaking on the deal, Kris Marszalek, Co-Founder and CEO of Crypto.com, said: “The sheer size and structure of this project will encompass more than the entire current market capitalization of CRO, with the additional commitments of over $400 million in cash and a further $5 billion line of credit facility to acquire additional CRO.”$TRUMP
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SharpLink’s $360 million $ETH binge fuels speculation on what comes next As SharpLink's ETH treasury grows, a new inducement plan aligns its employee incentives with corporate growth vision. Oluwapelumi Adejumo Aug. 26, 2025 at 4:20 pm UTC Share SharpLink’s $360 million $ETH binge fuels speculation on what comes next Cover art/illustration via CryptoSlate. Stake SharpLink, a company with a growing focus on Ethereum, has continued with its aggressive ETH accumulation, according to an Aug. 26 statement. The firm said it acquired 56,533 ETH at an average cost of $4,462, using $360.9 million raised through its at-the-market issuance program during the week ending Aug. 24. These purchases lifted SharpLink’s total holdings to 797,704 ETH, which has a market value of nearly $3.7 billion. SharpLink is the second-largest corporate holder of Ethereum, behind only Thomas Lee’s BitMine. Since launching its treasury initiative in June, SharpLink has earned 1,799 ETH in staking rewards and has roughly $200 million in cash for future acquisitions. SharpLink’s co-CEO Joseph Chalom described the purchases as evidence of SharpLink’s discipline in executing its Ethereum-focused vision, emphasizing that the company remains committed to building shareholder value while supporting the growth of the wider network. Following the news, SharpLink shares rose 3.31% to approximately $20 as of press time, according to Google Finance data.$ETH
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Why Solana plunged 9% just as Wall Street funds circled $2.25 billion Solana fell from $206 to $187 even as Pantera prepared a massive fundraise targeting its ecosystem. Andjela Radmilac / @andjelaradmilac / Aug. 26, 2025 at 12:18 pm UTC Solana dropped to $186 in the early hours of Aug. 26, erasing 9% despite strong activity across its ecosystem. Data from Binance showed that SOLUSDT saw intraday lows around $185 before recovering toward $188-$189. SOL rallied from $180 on Aug. 21 to a local peak above $213 on Aug. 25, followed by a swift rejection. Spot volumes rose with the selloff, indicating that the downturn was driven by participation rather than thin liquidity. The correction contradicts the good news in line for SOL.Pantera Capital is reportedly. $SOL
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Solana, BNB, Ethereum to get $1.75B injection as global companies accelerate crypto treasury buys A Hong Kong bank, a U.S. small cap and new funds pile into multi-chain assets. $BTC $ETH $BNB
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💳 #HumaFinance e 🟣 : Real-World Credit Meets DeFi 🏦🌐 Imagine a world where your reputation unlocks DeFi credit. #HumaFinance makes that real. With income-based lending, undercollateralized loans, and identity-powered finance — $HUMA is fusing TradFi and Web3 like never before. It’s not about whales — it’s about people. Huma helps users get credit using real-world earnings and data. This is where crypto stops being a casino and starts being a financial revolution. 🧾 Credit scores? Meet smart contracts. Huma’s the bridge from paychecks to protocols. 🧱🔗$HUMA
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