TIRX News & Events

Strategy doubles down with its 100th bitcoin purchase funded by fresh equity, even as Bitdeer dumps its entire bitcoin treasury to pivot into AI infrastructure and Bitmine builds the largest single ether staking position. Bitcoin slides below $65,000 on tariff shock, ETF outflows accelerate, and exchanges from Gemini to Coinbase face a tougher macro, regulatory and flow backdrop. Stay up on the crypto news that matters with "Crypto Currents," daily from The Fly. Join us at 2 pm ET for your essential briefing on the fast-moving world of cryptocurrency on FlyCast radio.STRATEGY BUYS 592 BTC, HITS 100-PURCHASE MILESTONE:Strategydisclosed it bought 592 bitcoinbetween February 17 and February 22 for about $39.8M at an average price of $67,286 per coin, funded entirely by selling 297,940 shares via its at-the-market equity program. According to,Strategy's weekly purchases have slowed from roughly $2.1B in mid-January to about $168M by mid-February, and on-chain data peg its total holdings at roughly 717,722 BTC, acquired for about $54.56B at an average cost near $76,020, leaving an unrealized loss of approximately $7.1B with bitcoin trading in the mid-$60Ks. MSTR shares are down more than 50% year-over-year as investors digest ongoing dilution, but the company still has roughly $37.4B in remaining securities capacity, indicating its buy-and-issue model remains intact.shows traders are now treating its treasury decisions as a macro catalyst.BITMINE BUILDS MASSIVE ETH TREASURY AS MINERS SELL BTC:Bitmine Immersion Technologiesover the past week, a roughly $95.4M buy that lifts its total ETH holdings to 4,422,659 tokens., at an ETH price of about $1,958, Bitmine's stack is worth approximately $8.65B and represents about 3.66% of total ETH supply, with the company also holding 193 BTC, a $200M equity stake in Beast Industries and about $691M in cash.Further on-chain analysis from Onchain Lens reveals about 3,040,483 of those ETH, roughly $6B worth, are staked, making Bitmine the largest single ETH staker globally and positioning it to earn an estimated $249M annually at a 2.89% yield. Bitmine says it is progressing on its MAVAN, or Made in America Validator Network, staking solution for a targeted early 2026 rollout,effectively turning BMNR into an ETH yield and infrastructure play.TREASURY SELLING STREAK LED BY BITDEER PIVOT TO AI:Corporate bitcoin treasuries have recorded a rare three-week net selling streak for the first time since Capriole Investments began tracking the data,. The biggest move comes from Bitdeer Technologies,Bitdeer started 2026 with about 2,000 BTC, which fell to 1,530 by the end of January and then to 943 by mid-February before the company sold out and redirected proceeds toward data center expansion and AI cloud infrastructure. According to company data, Bitdeerand ramped self-mining hash power above 63 EH/s, while also raising $300M via convertible notes and $43.5M in equity, which are moves that collectively reposition Bitdeer from a bitcoin proxy to an AI and high-performance computing infrastructure story. Smaller BTC reductions at Cango, Exodus Movementand Genius Groupround out the selling streak, reflecting the pressure on corporate treasuries to protect liquidity and funding flexibility in a more volatile macro backdrop,.GEMINI'S VALUATION COLLAPSES AS EXECUTIVES EXIT; COINBASE SAYS INSTITUTIONAL THESIS INTACT:Gemini Space Stationcontinues to struggle after going public near the last cycle's peak, with its market value falling from around $4B to less than $700M, an 82.5% decline. According to, Gemini has exited the U.K., E.U. and Australia, cut up to 25% of staff and seen its COO, CFO and CLO depart on the same day, prompting Truist analysts to warn the triple exit could intensify concerns about solvency and client retention.By contrast, Coinbaseis emphasizing longer-term institutional engagement despite near-term share pressure. Coinbase Head of Institutional Strategy John D'Agostino toldthat net institutional purchases on the platform still exceed net sales, arguing that "institutions have not been fazed" by the recent bitcoin drawdown and are building positions over a five-to-seven-year horizon. Even so, Coinbase shares were trading lower alongside other crypto-linked equities on Monday.TARIFFS, RISK-OFF AND ETF OUTFLOWS:President Donald Trump said he would raise global tariffs from 10% to 15% one day after the Supreme Court curbed his use of emergency authority. Crypto-linked equities traded like high-beta risk proxies: Strategy fell about 2.5%, Coinbase dropped roughly 4.1%, Robinhooddeclined 4.5%, Blocklost about 5%, and miners Hut 8and MARA Holdingsalso traded lower, while gold is up roughly 20% and silver about 23% year-to-date. At the fund level,reported that crypto ETPs saw $288M of net outflows last week, extending a five-week streak, whiledata show hedge funds cut US spot bitcoin ETF allocations by 28% between Q3 and Q4 2025, contributing to about $3.8B in cumulative ETF outflows and roughly $4.5B year-to-date as the once-lucrative basis trade's annualized yield has compressed from 17% to under 5%.INFRASTRUCTURE, TOKENIZATION AND AI-ADJACENT PLAYS:Solana Company, a Nasdaq-listed digital asset treasury company, announced a "Pacific Backbone" plan to build high-speed, low-latency infrastructure for the Solananetwork across Seoul, Tokyo, Singapore and Hong Kong. In a, the company said the initial build will target market makers, high-frequency traders and institutional partners, with liquidity-focused products slated to launch in 12–18 months as it prepares for what CEO Joseph Chee calls solana's next "super cycle."​AIxCryptoissued a weekly investor update highlighting the launch of "Hub Season 2" and positioning itself as a provider of "embodied AI" infrastructure and compliant tokenization rails for real-world assets. According to a, the firm is leaning into the intersection of AI, digital infrastructure and tokenized asset rails, a narrative that could resonate with investors seeking AI exposure that still taps into crypto-native payment and settlement flows.​In hardware, iPowerMOU with Nanopulse Technology to distribute specialized crypto and digital asset infrastructure hardware through its US-based supply chain and e-commerce channels. The agreement contemplates not only hardware sales but also potential commission-based revenue tied to future income generated by deployed machines, and the parties are exploring a role for iPower as a validator or node operator, effectively giving iPower optionality on crypto infrastructure economics without fully transforming the core business.​ALT5 Sigma, which runs an institutional-grade payments, trading and settlement platform, issued a stockholder letter detailing restored SEC and Nasdaq compliance, governance changes and the launch of its ALT5 Ai unit. In the, ALT5 said it has an estimated NAV of about $843M, or $6.67 per share, versus a roughly $192M market cap, implying a 77% discount, and highlighted more than $8B in digital asset transaction volume and a WLFItoken treasury position as it seeks to link its payments stack to AI-driven commerce.BALANCE SHEETS, SMALL-CAP RESTRUCTURING AND PROMOTIONAL RISK:Abits Group, a data center operator with in-house bitcoin mining in Tennessee, announced a $2.1M registered direct offering of ordinary shares priced at $2.65 per share to institutional investors, saying the deal is "priced at-the-market" under Nasdaq rules.underscores how smaller miners and infrastructure names are relying on equity issuance to fund operations and capex in the face of margin compression and volatile coin prices.TIAN RUIXIANG Holdingssaidwhile pursuing a previously announced plan to acquire 15,000 BTC and a "A$200B Australian bank" in a string of highly promotional releases. Earlier this month, a, and today's documents explicitly caution that TIRX's language is unusually promotional and should be evaluated with care, especially when compared to more transparent treasury disclosures at names like Strategy and Bitmine.ON-CHAIN WHALES, VITALIK SELLING AND GOLD ROTATION:A dormant whale that had been inactive for three years moved 650.76 BTC, worth about $43M, to Gemini, realizing an estimated $25.37M profit on bitcoin initially acquired from Coinbase; on-chain researchers note this is the seventh such dormant-whale reactivation since 2024 and typically signals renewed selling or OTC distribution.In Ethereum,, roughly $3.67M, over February 21–22 after earlier selling 6,958 ETH in early February, taking total February sales above 8,800 ETH, or roughly $18.45M, following a withdrawal of 3,500 ETH from Aave., raising concerns about additional sell pressure around the $1,750–$1,850 price area., a tokenized gold asset, signaling a rotation from high-beta layer-1 exposure into gold-backed tokens as volatility and macro uncertainty rise.ADDRESSING CRYPTO'S QUANTUM RISK:On the technology front,. While not yet an active protocol change, the move is relevant for miners and treasury-heavy corporates concerned about tail-risk scenarios where quantum advances could undermine key security assumptions.PRICE ACTION:As of time of writing, bitcoin was trading at $64,638.03, while ether was trading at $1,856.00,.

Tian Ruixiang confirms that it is in advanced and final-stage discussions for a transformative strategic business combination with a pre-eminent insurance technology leader operating across the Asia-Pacific region. In addition, the Company continues to progress its previously announced Bitcoin acquisition strategy as part of its broad initiative to enhance long-term shareholder value. Under the contemplated structure, the Asia-Pacific InsurTech intends to utilize Tian Ruixiang as its exclusive, long-term public platform to access U.S. capital markets and accelerate its global expansion. Existing TIRX shareholders will retain full public market ownership and participate in the substantial upside of the combined, upgraded InsurTech platform.

TIAN RUIXIANG Holdings announced the results of its annual general meeting of shareholders held on February 17. At the AGM, the Company's shareholders approved, among other things: An increase in the Company's authorized share capital to $3,750,000,000; and the grant of authority to the Board of Directors to effect a reverse share split at a ratio between 1-for-2 and 1-for-5,000. Following the AGM, the Company's Board of Directors has approved the implementation of a reverse share split of its ordinary shares at a ratio of 1-for-50. Upon the effectiveness of the Reverse Split, every fifty existing Class A and Class B ordinary shares will be automatically combined into one ordinary share of the respective class. No fractional shares will be issued; instead, any fractional shares resulting from the Reverse Split will be rounded up to the next whole share. Further details regarding the effective date and the new CUSIP number will be disclosed in a subsequent announcement once the Nasdaq process is finalized.

The company said, "TIAN RUIXIANG Holdings detonated a seismic double-barreled plan: its game-changing 15,000 Bitcoin strategic alliance is not only barreling toward regulatory victory for a government-backed stablecoin empire across Southeast Asia's economic powerhouses-but is simultaneously executing a landmark, industry-redefining acquisition of a fully licensed Australian bank with a staggering $200 billion in total assets, merging crypto's revolutionary firepower with the unshakable credibility of regulated traditional banking to forge a financial colossus the world has never witnessed. This is not mere expansion-it is a full-spectrum conquest, a once-in-a-generation fusion of 15,000 BTC-backed digital supremacy, ASEAN stablecoin hegemony, and $200 billion Australian banking infrastructure that will render TIRX the unchallenged ruler of the global financial frontier, bridging crypto, AI, and legacy finance in a single, indomitable force. This earth-shattering dual initiative arrives as the apex of TIRX's February 3, 2026 landmark strategic accord, where a legendary global digital asset investor injected 15,000 Bitcoins into the Company in exchange for a transformative equity stake, forging an exclusive partnership to pioneer AI-crypto innovation. What began as a stablecoin revolution in Southeast Asia has now exploded into a multi-continental financial takeover: while TIRX and its strategic partner enter the mature stages of regulatory negotiations with numerous governments to launch a government-endorsed, AI-fortified stablecoin-poised to dominate ASEAN's $3 trillion digital economy-the alliance has simultaneously sealed a binding agreement to acquire a top-tier, APRA-regulated Australian bank, a pillar of the Asia-Pacific financial system with $200 billion in assets, a nationwide branch network, and full licensing for retail, commercial, and cross-border banking services. This acquisition is not a side project-it is the linchpin of TIRX's vision to create the world's first fully integrated AI-crypto-banking ecosystem, where the 15,000 BTC reserve powers the stablecoin's unbreakable stability, the Australian bank provides regulated fiat on/off ramps and institutional credibility, and TIRX's cutting-edge AI technologies supercharge risk management, fraud detection, and transaction efficiency across every vertical. At the core of this dual assault lies an unassailable synergy: the ASEAN stablecoin, pegged to a basket of global fiat currencies and fortified by TIRX's hyper-accurate AI risk systems, will leverage the Australian bank's $200 billion balance sheet and regulatory compliance framework to achieve unparalleled liquidity and trust, while the bank will gain access to the 15,000 BTC reserve and TIRX's AI-driven crypto infrastructure to launch next-generation digital banking products-from crypto-backed loans to AI-powered wealth management-for retail and institutional clients across Australia, Southeast Asia, and beyond. The parties have already secured preliminary regulatory sign-off from Australia's prudential regulators, with the acquisition on track for completion by Q3 2026, concurrent with the stablecoin's phased launch across ASEAN in the second half of the year. This one-two punch positions TIRX to control the fastest-growing digital finance region and a cornerstone of the Asia-Pacific traditional banking sector, creating a financial behemoth that transcends crypto and legacy finance boundaries."