Bitcoin
Strategy Sells Bitcoin Below Cost Again and Steers $650 Million of Share Sales Into Cash
The company sold 1,690 bitcoin for $108.6 million last week, spent the proceeds retiring its own preferred stock, and routed almost all of a $653.1 million equity raise into its dollar reserve.
Strategy Sells 1,690 BTC as Dollar Reserve Reaches $4.65 Billion
Strategy sold 1,690 BTC in its latest treasury move while its dollar reserve reached $4.65 billion, a balance-sheet shift that the closely watched corporate Bitcoin holder disclosed in a recent filing.
Strategy's STRC inches closer to $100 as Saylor continues to sell BTC for USD
Dragging its Stretch (STRC) preferred shares back to par value at $100 remained the priority for chief executive Michael Salor and Strategy (NASDAQ: MSTR) as the firm reported that it allocated 100% of the $108.6 million it raised from selling 1,690 Bitcoins last week to buying back STRC. Strategy raised another $653.
Traders holding $39.5 million in BitMEX Bitcoin perps have 16 days to exit before forced closures begin
New positions stop Aug. 26, while contracts left open face a wind-down that ends in forced closure Sept. 23.
Bitdeer increased Bitcoin mining output by nearly fivefold in Q2
Bitdeer mined 2,694 BTC in Q2, but ended the quarter holding just 150 BTC after liquidating its treasury earlier this year.
Germany Considers Backing Bitcoin (BTC) Critic Nagel Joachim for ECB Presidency
German authorities are currently evaluating whether to put forward Joachim Nagel, the head of the country's central bank, as a candidate to lead the European Central Bank (ECB).
Strive recommits to BTC amid Q2 earnings loss
Strive (NASDAQ: ASST) continued its march up the Bitcoin accumulation ladder today, August 10, as the firm announced that it added a fresh batch of 147 BTC to its digital asset treasury. The latest purchase installment arrives despite a $257.
Strategy sells 1,638 BTC and completes $109M STRC buyback in a new capital playbook
Strategy Inc.'s capital maneuvering reflects a strategic shift towards optimizing financial stability and shareholder value amidst market dynamics. Strategy sells 1,638 BTC and completes $109M STRC buyback in a new capital playbook.
Strategy turns 1,690 BTC into $108.6M STRC buyback
Strategy sold 1,690 Bitcoin to repurchase STRC shares as its US dollar reserve rose to $4.65 billion and its Bitcoin holdings fell to 840,447 BTC.
Strategy Sells 1,690 BTC, Lifts USD Reserve to $4.65B
Strategy sold 1,690 BTC for about $108.6 million at an average price of $64,262, while raising $653.1 million through MSTR share sales. The company directed $650 million into its U.S. dollar reserve, lifting the balance to $4.65 billion, while bitcoin holdings fell to roughly 840,000 BTC.
Morning Minute: Bitcoin ETFs See Biggest Inflows Since May
And the ETH inflows were even bigger, when factoring in market cap.
Bitcoin Red Team Founder Turns to Chinese AI After Explosive Findings
Bitcoin Red Team co-founder Rob Hamilton said August 9 that he had begun integrating OpenAI's trust cyber program into the group's security work before access was restricted during further analysis of a codebase already under responsible disclosure. The setback pushed the team back toward Chinese open-weight AI models to continue Bitcoin security testing.
