Block automatically swept in $120 million, Riot's computing power was “physically isolated”, and Latin American giants increased their positions across seasons

Comparing news,

According to BBX data, yesterday, as the closing day of the first quarter, a number of companies implemented “automatic treasury conversion” and hard asset settlement at the end of the quarter. The core data is as follows:

$120 million quarter-end sweep: Block Inc. (NYSE: $XYZ) strictly implemented its algorithm-driven treasury strategy yesterday to automatically sweep approximately $120 million of idle fiat profits into the Bitcoin pool at the end of the first quarter. This “no human intervention” fixed investment mechanism ensures that it is not emotionally disturbed by short-term currency price fluctuations.

“Physical isolation” of computing power: Riot Platforms (NASDAQ: $RIOT) announced yesterday that the first batch of 2 EH/s computing power at its new plant in Corsica has been successfully connected to the grid. It is worth noting that this part of the computing power is set as a “treasury line”, and all BTC it produces will be physically cold stored and 100% retained, completely independent of the fund pool for daily operation and sell-off.

150 mining rigs were exchanged for coins: Jianan Technology (NASDAQ: $CAN) disclosed financial updates for the first quarter yesterday, confirming that it has settled the final payment of mining equipment sales directly in Bitcoin form for some major customers, with a total of 150 BTC, officially opening the closed loop from “selling shovels” to “hoarding gold.”

$40 million regional hedging: MercadoLibre (NASDAQ: $MELI) revealed yesterday in a quarter-end asset revaluation that it added $40 million worth of BTC/ETH hybrid positions in late March. The move was aimed at hedging the sharp depreciation of Latin American currencies against the US dollar in the first quarter.

$85 million staked snowballing: DeFi Technologies (CBOE: $DEFTF) yesterday announced that its treasury had surpassed $85 million. In addition to asset appreciation, all of the node pledge interest generated by its SOL holdings in the first quarter has been reinvested, achieving a compound increase in the absolute number of crypto assets.