This week in cryptocurrency news featured major corporate treasury shifts, exchange fundraising updates, and legal developments. Key events included Strive's growing bitcoin holdings, Evernorth's Nasdaq debut showcasing an XRP treasury, and the reported detention of HEX founder Richard Heart in Istanbul.
Corporate Bitcoin Accumulation and Exchange Fundraising
Strive surpassed MARA to become the fourth-largest public bitcoin holder following consecutive purchases of $280 million and $235 million, with the latter acquisition adding 2,822 BTC.
Meanwhile, Binance US is reportedly seeking up to $100 million in fresh capital at a valuation of approximately $1 billion. This figure represents roughly a 78% decrease from its $4.5 billion pre-money valuation in 2022.
Regulatory and Legal Developments
HEX and Pulsechain founder Richard Heart, whose legal name is Richard James Schueler, was reportedly detained during an early morning police raid in Istanbul on October 14, 2026. Authorities are examining potential tax evasion and other activities tied to his residence in Istanbul.
Infrastructure and Nasdaq Listings
BlackRock CEO Larry Fink warned that halting U.S. data center construction could potentially trigger a recession, emphasizing the economic importance of infrastructure tied to artificial intelligence.
In the digital asset equities space, Evernorth rang the Nasdaq closing bell, showcasing its treasury of 473 million XRP following its listing on the exchange.
