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Bitcoin miners sell more BTC amid financial strain, but long-term holders keep most coins dormant.
Bitcoin miners are under financial pressure, leading them to sell more BTC and reduce mining capacity, causing a 21% drop in the 30-day Mean Hash Rate. This miner selling returns BTC to circulation, increasing supply near Bitcoin's lower price range ...
BlackRock says Bitcoin remains a key global monetary alternative despite 50% price drop.
BlackRock, the world's largest asset manager, stated that despite Bitcoin's nearly 50% price decline since its October peak, its fundamental investment case remains intact. Bitcoin continues to serve as a global monetary alternative and a hedge again...
Strategy shifts focus to liquidity and preferred stock over common share buybacks despite Bitcoin price challenges
Strategy, known for large Bitcoin holdings, announced it will prioritize liquidity and preferred stock stability rather than buying back common shares, despite holding $4.8 billion in cash. The company’s common shares have dropped significantly due t...
