Strategy (MSTR) increased its U.S. dollar reserve by $466.7 million to $3 billion last week through its at-the-market equity program, according to a Monday regulatory filing. The company maintains the reserve to support dividend payments on its preferred stock and interest payments on its outstanding… Read More
In bitcoin BTC$61,712.51’s 4-year cycles, there has always been a distinct driver of selling pressure. In 2018, we saw the promise of crypto running ahead of its skis; the market drove up valuations of crypto projects far beyond their nascent stages of development that led… Read More
Binance has introduced a product for bitcoin BTC$63,010.92 holders looking to earn extra yield on their investment without selling any of it, joining the likes of BlackRock in helping them maximize returns. The product, BTC Yield, is available inside Binance Earn and is designed exclusively… Read More
Bitcoin’s BTC$63,092.39 lackluster performance this year has puzzled investors. Despite record highs in equities, the world’s largest cryptocurrency has struggled to regain momentum while U.S. technology stocks have surged on enthusiasm surrounding AI as it currently trades just below the $62,000 mark, down over 50%… Read More
Large bitcoin holders bought more than 270,000 bitcoin BTC$62,601.89 ($16.7 billion) over the past two weeks, stepping in as U.S. institutions pulled money out at a record pace. U.S. spot bitcoin exchange-traded funds (ETFs) shed $4.06 billion in June, their worst month since listing, past… Read More
Metaplanet (3350) announced the purchase of an additional 2,823 BTC ($170.7 million), bringing its total treasury to 43,000 BTC ($2.6 billion). The acquisition cements the Tokyo listed firm as the third largest publicly traded company holding bitcoin, trailing only Strategy MSTR) and Twenty One Capital… Read More
