Public Firms Are Increasing Crypto Reserves Despite Market Weakness
Welcome to the Daily for February 19, 2026. ☕️
Hello Cointribe! 🚀
Hey crypto crew! 🚀 It’s Thursday, February 19, 2026, and the headlines are heating up—here’s your quick rundown of the latest crypto news from the past 24 hours. Let’s dive in!
But first…
✍️ Cartoon of the day:
A quick look at the market…
🌡 Weather:
⛈️ Stormy
24h crypto recap! ⏱
📈 eToro Shares Jump 20% as Coinbase Disappoints
eToro’s stock surged 20% following strong crypto-related revenues, while Coinbase delivered results that fell short of market expectations. The contrasting performances highlight diverging trajectories among major trading platforms. Investors responded positively to eToro’s growth in digital asset activity, which offset broader market pressures. Meanwhile, Coinbase faced scrutiny over revenue composition and trading volumes. The episode underscores shifting competitive dynamics within the crypto brokerage sector.
👉 Read the article
🐶 Pump.fun Adjusts Rewards to Favor Memecoin Traders
Pump.fun has revised its reward structure to better incentivize memecoin traders on its platform. The changes aim to align user activity with trading volumes and token launches, reshaping how participants earn incentives. The adjustment reflects ongoing competition among decentralized platforms seeking to capture speculative flows. Observers note that memecoin ecosystems remain highly sensitive to liquidity shifts and community engagement dynamics.
👉 Read the article
💎 BlackRock’s Ethereum ETF Faces Debate Over Staking
BlackRock’s new Ethereum ETF has sparked debate over potential integration of staking mechanisms. The discussion centers on regulatory considerations and how staking rewards would be structured within a traditional investment vehicle. Supporters argue it could enhance yield potential, while critics question compliance and risk implications. The controversy highlights broader tensions between decentralized finance features and conventional asset management frameworks.
👉 Read the article
🛑 X Denies Plans for Crypto Brokerage Services
X has dismissed reports suggesting it plans to launch cryptocurrency brokerage services ahead of a new feature rollout. The company clarified its position amid speculation about expanding into financial trading. While X continues integrating financial tools, it denied intentions to operate as a crypto broker. The clarification comes as markets scrutinize the platform’s broader ambitions in digital finance and social commerce.
👉 Read the article
💼 Gemini Faces Executive Departures After $425 Million IPO
Shortly after completing a $425 million IPO, Gemini is confronting the departure of three key executives, raising questions on Wall Street about leadership stability. The exits come at a critical moment as the crypto exchange transitions into public markets and faces heightened scrutiny from investors. Market observers are examining how governance shifts could affect strategic direction, operational continuity, and investor confidence.
👉 Read the article
🌟 Crypto of the Day: World Liberty Financial (WLFI)
WLFI Shows Signs of Stabilisation
Our crypto pick for the day is World Liberty Financial (WLFI), which is beginning to stabilize after a notable corrective phase. The token recently rebounded from the lower Bollinger Band near 0.0860, a zone often linked to oversold conditions. That recovery has carried the price back above the middle Bollinger Band around 0.1153, now acting as a short-term pivot level.
Although the broader structure still reflects prior downward pressure, the reclaim of this mid-band suggests that selling momentum is fading. The latest move does not yet confirm a full trend reversal, but it does indicate a shift in short-term dynamics.
Momentum Gradually Improves
The Relative Strength Index (RSI) is currently positioned near 48.8, climbing steadily from previously oversold territory. While it remains slightly below the neutral 50 threshold, the upward slope points to strengthening momentum. A move above 50 would further support the case for continued recovery, whereas rejection below that level could signal consolidation.
Volume has also picked up during the recent bounce, adding weight to the price advance and reflecting renewed participation in the market.
Key Technical Levels in Focus
Several price zones now define WLFI’s short-term structure:
Immediate support at 0.1153 (middle Bollinger band)
Secondary support near 0.100
Major floor around 0.0860
Resistance between 0.130 and 0.145
If price action remains above the 0.1153 region, the upper Bollinger Band near 0.1447 becomes a natural upside reference point. A break beyond that range would signal expanding volatility. On the other hand, renewed weakness could bring lower support areas back into play.
Overall, WLFI appears to be transitioning from corrective pressure into a potential recovery phase, with technical indicators reflecting improving momentum.
📊 Real-time Performance (CMC)
💵 Current Price: $0.1225
📉 24h Change: 16.14%
💰 Market Capitalization: $3.27B
🏅 CoinMarketCap Rank: #29
🪙 Circulating Supply: 26.74B WLFI
📊 Trading Volume (24h): $474.59M
💼 Public Firms Are Increasing Crypto Reserves Despite Market Weakness
While Bitcoin, Ethereum, and crypto-related stocks have slid sharply amid recent market volatility, some publicly traded companies are doing the opposite of de-risking: they are expanding their cryptocurrency treasuries. Rather than scaling back during a correction, these firms are buying more Bitcoin and Ether, signaling confidence in long-term fundamentals even as prices fall and their own share prices struggle.
📊 Key Moves in Corporate Crypto Treasury Expansion
Strategy added 2,486 BTC ($168.4 million), boosting its total holdings to 717,131 Bitcoin and reinforcing its position among the largest corporate Bitcoin treasuries.
Bitmine Immersion Technologies acquired 45,759 ETH, raising its Ethereum stash to 4,371,497 ETH—a substantial portion of the circulating supply.
These purchases were backed by accretive financing strategies, including capital raised through sales of common and preferred shares, even as crypto stocks traded lower.
Additionally, a large portion of Bitmine’s ETH—about 3,040,483 ETH—is staked, generating an estimated annual yield that helps offset market volatility.
📉 A Divergence Between Price Action and Corporate Strategy
This accumulation is striking because it occurs against a backdrop of declining token prices and sharp stock drawdowns for crypto-linked companies. For example, Strategy’s share price is down around 72% from mid-2025 peaks, while Bitmine’s has fallen about 85%. Despite this, both companies are increasing exposure, suggesting confidence in Bitcoin and Ethereum fundamentals rather than short-term momentum trades.
For Bitmine, the staking revenue adds a structural yield component that supports holding through volatility. Strategy’s continued accumulation aligns with its broader thesis that digital assets can serve as long-term treasury reserves that outperform cash or low-yield alternatives over time.
📍 What This Means for the Broader Market
These moves highlight a contrarian trend: instead of retreating during downturns, well-capitalized public firms are expanding their crypto treasuries. This could influence institutional perception by signalling that long-term holders still see structural value in digital assets, even when sentiment and market psychology are weak.
Whether these convictions pay off will depend on how crypto markets evolve over the next cycle, but for now, it adds a bullish undertone beneath current volatility.
