TheTechno Optimist.

Stacks (Stacks Labs, Stacks Foundation)—Stacks founder Muneeb Ali to become Stacks Labs CEO from October 15, replacing interim CEO Alex MillersBTC (bitcoin on Stacks)Stacks (Stacks Labs, Stacks Foundation)—sBTC signer rotation completes: Ankr, The Tie and HashKey join the setsBTC (bitcoin on Stacks)Stacks (Stacks Labs, Stacks Foundation)—sBTC peg holds about 2,441 BTC, 51% below its June 2025 peak; 11 signer keys with 8 required

Stacks (Stacks Labs, Stacks Foundation)

Bitcoin smart-contract layer, sBTC, Bitcoin staking

US/KYnon-profitest. 2017stacks.co (opens stacks.co)Checked 11 Oct

The brief

Analyst view
  • sBTC peg held ~2,441 BTC in Aug 2026, down 51% from its 5,016 BTC peak in June 2025.
  • Founder Muneeb Ali returns as Stacks Labs CEO from 15 Oct 2026.
  • Self-custodial Bitcoin staking launched on Stacks in Sept 2026.

Technical approach

As reported
Anchoring

Blocks tied to Bitcoin

Stacks state forks along with Bitcoin, so once a Bitcoin block is final, the Stacks transactions anchored to it are too.

sBTC

BTC held by threshold signers

Deposited BTC sits in a wallet controlled by a signer group; 70% of them must approve every deposit and withdrawal.

Governance

Endowment funds a lean lab

SIP-031 created the Stacks Endowment, which funds Stacks Labs to run core engineering, developer relations and partnerships.

Primer