Strategy’s STRC preferred stock rose 1.1% to $95.09, nearing its $100 par value, as Bitcoin stabilized above $60,000 and Michael Saylor emphasized protecting its 12%
Author: Arnie Johnson
Bitcoin Miners’ AI Infrastructure Deals Draw Cooled Investor Response
Bitcoin miners expanding into artificial intelligence and high-performance computing infrastructure have seen diminished investor enthusiasm, according to analysis by Blocksbridge Consulting. Stock market reactions to
Bitcoin Institutional Holdings Drop 10% Since May as Sector Faces Challenges
Bitcoin institutional investment vehicles have reduced their BTC holdings by 10% over three months, with analysis suggesting the Bitcoin treasury model is weakening as company
US-listed spot Bitcoin ETFs see $244.4 million net inflows on Wednesday
US-listed spot Bitcoin exchange-traded funds (ETFs) recorded $244.4 million in net inflows on Wednesday, according to SoSoValue data. This follows $626 million in net inflows
Ethereum Researchers Propose Tapered Issuance Burn to Address Staking Concentration
A draft Ethereum Improvement Proposal (EIP) has been published by a group of researchers, including Ethereum Foundation scientist Justin Drake, suggesting a mechanism to alter
SEC Cancels Meeting on Reg Crypto and Innovation Exemption Amid Clarity Act Concerns
The U.S. Securities and Exchange Commission (SEC) has indefinitely postponed a planned meeting to advance its Reg Crypto rulemaking and delay the introduction of an
U.S. SEC Cancels Meeting on Proposed “Regulation Crypto” Rulemaking
The U.S. Securities and Exchange Commission (SEC) has postponed a planned meeting to advance its “Regulation Crypto” rulemaking, citing an “unforeseen scheduling issue,” with the
Crypto Industry Faces Major Shifts as Legislation, Market Moves, and Security Issues Dominate Week’s News
This week saw the Digital Asset Market Clarity Act delayed, Strategy selling bitcoin, Wall Street expanding crypto involvement, a Bitcoin fork, a major hardware-wallet security
Norway’s Sovereign Wealth Fund Increases Indirect Bitcoin Exposure to 11,549 BTC
Norway’s Government Pension Fund Global has boosted its indirect bitcoin holdings to 11,549 BTC, valued at $725 million, according to K33. The increase, which rose
Hyperscale Data Sells 685 Bitcoin for $43 Million, Reduces Holdings to 275 BTC
The company sold 685 bitcoin for $43 million, cutting its holdings to 275 BTC, citing liquidity needs to fund its Michigan data centre expansion and