Bitcoin
Michael Saylor: Strategy May Sell Bitcoin, That's What Makes It an Asset
Michael Saylor says Strategy could sell Bitcoin in extreme conditions, arguing BTC must remain liquid to qualify as a true asset.
BlackRock accelerates Bitcoin selloff amid bearish sentiment
BlackRock's iShares Bitcoin Trust (IBIT) has accelerated its Bitcoin (BTC) sell-off on May 18, after ending its six consecutive weeks of cash inflows.
Iran Pushes $10B Bitcoin Insurance Plan for Strait of Hormuz: Report
The platform settles cargo cover in Bitcoin under a plan for marine policies and certificates that could generate $10 billion for Iran.
$637 Million in Bitcoin: SpaceX Emerges as Major Corporate BTC Holder
The Bitcoin holdings of Elon Musk's rocket and satellite maker, SpaceX, are in the spotlight as the company eyes a potential $2 trillion IPO.
Iran launches ‘Hormuz Safe' Bitcoin insurance platform for Strait of Hormuz shipping
Iran's Hormuz Safe offers Bitcoin-settled insurance for Hormuz shipping, aiming for $10B revenue while testing US sanctions limits and spooking regulators and shippers.
Iran-Linked Platform Targets Bitcoin Cargo Insurance
Iran-linked media said Hormuz Safe was launched to issue bitcoin-settled marine insurance policies and liability certificates tied to Strait of Hormuz shipping. The platform is framed around cargo protection and targets $10 billion in potential revenue if it captures meaningful market demand.
Michael Saylor Ups Bitcoin Holdings To 4% Of Supply As Strategy Buys For $2 Billion
Strategy Inc. (NASDAQ:MSTR) purchased 24,869 Bitcoin (CRYPTO: BTC) for approximately $2.01 billion at an average price of $80,985 per coin last week, bringing total holdings to 843,738 BTC. Strategy Now Holds Over 4% Of Bitcoin Supply Strategy's total Bitcoin holdings now represent more than 4% of Bitcoin's 21 million supply cap.
Bitcoin faces Treasury yield pressure as Japan sells nearly $30 billion of US debt
Bitcoin faces renewed Treasury yield pressure after Japanese investors sold $29.6 billion of US government, agency, and local authority debt in the first quarter, the largest quarterly net sale since the second quarter of 2022.
Strategy made mammoth $2 billion bitcoin purchase last week
Michael Saylor and team added 24,869 BTC last week, bringing total holdings to 843,738 coins.
‘Game Over'—Bitcoin Braced For Massive Price Crash As Fears Grow Of Crisis To Rival 2008
Analysts are warning bitcoin is “on the brink” of a price crash and one legendary trader predicts 2008-style panic could be about to hit markets
Strategy Grabs 24,869 BTC for $2.01B, Now Holds 843,738 Bitcoin Total
Strategy added 24,869 bitcoin to its treasury for approximately $2.01 billion, pushing its total holdings to 843,738 BTC as the company also moves to retire $1.5 billion in convertible debt.
Bitcoin Depot Files for Chapter 11 as ATMs Go Dark
Bitcoin Depot filed for Chapter 11 in Texas and shut down more than 9,000 Bitcoin ATM machines across North America. CEO Alex Holmes blamed stricter transaction limits, state bans, litigation and enforcement costs for making the business model unsustainable. First-quarter revenue fell 49.2%, the company posted a $9.
