Bitwise CEO: Most Digital Asset Financial Firms Will Ultimately Transition to Operational Companies

On February 11, Goldman Sachs disclosed holding 237,874 shares of MicroStrategy (MSTR)—the Bitcoin treasury firm. Its total stake in MSTR now stands at 2.33 million shares, valued at $301 million.

February 11 — The first Binance Alpha blind box airdrop is now live, using the new Alpha Box format. The airdrop pool includes tokens from three projects: Openverse Network (BTG), ULTILAND (ARTX), and Naoris Protocol (NAORIS). Users holding at least 242 Alpha Points can claim the airdrop via the Alpha Events page. After claiming, they’ll receive one of three rewards: 7.5 BTG, 157 ARTX, or 1,640 NAORIS. If rewards aren’t fully distributed, the points threshold will automatically drop by 5 points every 5 minutes. Note: Claiming the airdrop consumes 15 Alpha Points. Users must confirm their claim on the Alpha Events page within 24 hours—otherwise, the claim will be forfeited.

On February 11th, data from the Coinbob Popular Address Monitor (via https://t.me/Coinbob_track_CN) reveals that the "ETH Bear Whale" address (0x20c) has recently shifted from continuously rolling over short positions to gradually closing out positions to lock in profits. Over the past week, the address has realized approximately $12.7 million in profits, with a current monthly return on investment (ROI) of 1,277%. Its total historical profits since opening the position exceed $80 million, and the maximum drawdown during trading has consistently stayed within 20%. The address still holds a 25x leveraged ETH short position: its position size has dropped from a peak of $84 million to $16.3 million, with an average entry price of $2,941, a liquidation price of $2,592, and roughly $8.4 million in current unrealized profits. Beyond gains from price swings, the whale has also accumulated approximately $6.9 million in profits via funding rates. As one of the most active on-chain ETH

Per Onchain Lens monitoring, an FTX/Alameda-linked address unbonded 196,611 SOL on Feb. 11, valued at roughly $15.97 million. FTX/Alameda typically transfers out SOL around the 10th of each month, with proceeds typically used to compensate FTX creditors.

On February 11, a New York federal court dismissed a patent infringement lawsuit filed by a Bancor Protocol affiliate against Uniswap. The judge ruled the patent at issue covers an abstract idea related to cryptocurrency exchange rate calculation—failing to meet U.S. patent eligibility requirements. The plaintiff’s argument that implementing the pricing formula on blockchain infrastructure made it patentable was rejected; the judge noted restricting an abstract idea to a specific technological environment does not qualify it for patent protection. The plaintiff has 21 days to file an amended complaint. Uniswap founder Hayden Adams briefly posted on social media: “A lawyer just told us we won.”

At the Accelerate APAC 2026 conference on February 11, Blockworks-developed Lightspeed — a Solana ecosystem-native investor relations platform — announced it will launch on February 17. The platform supports on-chain token operations, smart contract interactions, wallet integration, on-chain voting, and additional core functionality. User waitlist sign-ups are now open.