Bitcoin
Strive Buys 79 Bitcoin, Expands Its $1.27B Corporate BTC War Chest
Strive Inc. scooped up 79 bitcoin for roughly $5 million, pushing its corporate treasury to 20,246 BTC as of Aug. 14. The Dallas-based public asset manager accumulated the bitcoin (BTC) between Aug. 10 and Aug. 14 at an average cost of roughly $63,231 per coin, including fees and expenses.
Bitcoin price reclaims $64K as volatility trap hits 91
Bitcoin price rose nearly 2% to reclaim $64,000 on Aug. 17, but weak daily momentum and unusually compressed volatility leave the next major move uncertain. Bitcoin price returns above $64,000 According to data from crypto.
Bitcoin Awaits Its Turn as Investors Rotate Into Stocks and AI
Glassnode data shows Bitcoin missed a rotation into equities and AI even as consumer confidence collapsed to an all-time low.
Gold Surges 9% as Bitcoin Lags While Dollar Hits 3-Month Low
Gold has sharply outperformed Bitcoin over the past month as weakening US economic data pushed the dollar to a three-month low and reshaped Federal Reserve rate expectations. Gold gained 9.3% during the period, while Bitcoin slipped 0.8%, highlighting a widening gap between two assets often viewed as alternatives to the US dollar.
Strive, Inc. (ASST) Stock Climbs After Adding 79 Bitcoin to Treasury Reserves
Strive, Inc. experienced a 2.96% stock price increase to $12.68 following its announcement of an expanded Bitcoin treasury. The Nasdaq-traded asset management firm acquired 79 Bitcoin in the week concluding August 14.
AI Debt Surge Pushes Treasury Yields Higher, Pressuring Bitcoin
Bitcoin is trading near $63,517, down 46.1% over the past 12 months, while gold has gained 32.6%. That nearly 79-percentage-point performance gap highlights a growing challenge for Bitcoin: surging bond yields fueled partly by the artificial intelligence investment boom.
Strategy Pauses Bitcoin Sales, Raises USD Reserve to $4.8 Billion
Michael Saylors Strategy has paused its Bitcoin sales after reducing its BTC holdings for two consecutive weeks. The Bitcoin treasury company instead continued repurchasing STRC shares last week, funding the buybacks through sales of its MSTR common stock while also boosting its cash reserves.
CleanSpark, BitFuFu, Canaan report July Bitcoin production declines as prices climbed
Despite rising Bitcoin prices, production declines highlight operational challenges and potential resource depletion risks for mining firms. CleanSpark, BitFuFu, Canaan report July Bitcoin production declines as prices climbed.
Fidelity Leads $389.7M Bitcoin ETF Weekly Outflow With $153M Exit
U.S. spot bitcoin ETFs recorded $389.7 million in net outflows during the week of August 10 to August 14, reversing the previous week's strong inflow run. Ether funds slipped slightly into the red, while solana, XRP and HYPE ETFs ended the week with net additions. Bitcoin ETFs Reverse Prior Week's Rally With $389.
Coldcard Wallet Flaw Exposes $100M Bitcoin Security Failure
A major Coldcard hardware wallet vulnerability has shaken confidence in Bitcoin self-custody after attackers reportedly stole more than $100 million in BTC from thousands of addresses. Toronto entrepreneur Jonathan Goodman was among the victims.
Company Liquidates Millions in Shares, Maintains Bitcoin Holdings Intact
Strategy pulled in 3.7 million last week from selling common stock — and didn't buy a single satoshi of Bitcoin with it.
Strategy Secures $334M in Fresh Capital but Makes No Move on Bitcoin
Capital Raise: Strategy generated $333.7 million from MSTR sales and allocated funds to dividends, buybacks, and reserves. Preferred Stock: Strategy repurchased 1.39 million STRC shares while leaving other authorizations untouched. Bitcoin Position: Strategy made no BTC moves, keeping holdings at 840,447 BTC and pausing its recent disposal streak. Strategy raised $333.
