Stacks sells out third BTC staking tranche with Bullish, 21shares participating

Tapbit Pulse·Source:Coinness·Published on 2026-11-05 22:10

Bitcoin-based smart contract platform Stacks announced on X on Nov. 5 that its third tranche, Bond 3, of its in-house Bitcoin staking program has sold out.

The tranche totaled 1,000 BTC, with participants including NYSE-listed crypto exchange Bullish, which holds about 22,000 BTC, and crypto asset manager 21shares. Participants lock Bitcoin on the Bitcoin mainnet using a timelock mechanism and receive weekly BTC rewards based on a target annualized yield of 3% over six months.

A Stacks official added that Bullish and 21shares would naturally accumulate STX as they expand the scale of their BTC staking.

Related News

Greece Approves 10% Crypto Capital Gains Tax as First Framework Lands Below Draft Rate

Tapbit Wire · 2026-11-05

The Hong Kong Crypto Asset Declaration Bill has been passed; will the trading information of mainland residents be exchanged?

Tapbit Wire · 2026-11-05

American Bitcoin (ABTC) Posts $126 Million Profit as Holdings Gain $197 Million

Tapbit Wire · 2026-11-05

Related Flash

04:03

Analyst: Bitcoin Cycle Indicators Suggest Pullback May Not Be Over, Cycle Bottom Not Yet Confirmed

22:11

Strategy preferred STRC trades at par for first time since May

22:11

Swan Founder: AI poses a more recent threat to Bitcoin security than quantum computing