Michael Saylor reaffirmed his view of Bitcoin as digital economic energy that can be securely controlled by individuals, companies, or governments. Strategy, the company he leads, holds 840,447 Bitcoin, about 4% of the total supply, valued at $64.86 billion at current prices, which is $1.5 billion above their acquisition cost. Strategy also maintains a $4.8 billion cash reserve and recently raised $333.7 million through share sales. The company plans to resume Bitcoin accumulation once its preferred shares recover in value, with future SEC filings expected to reveal further moves.
Greg Abel, Warren Buffett's successor at Berkshire Hathaway, reduced the company's investment in Bank of America by $1.7 billion. At the same time, he increased the stake in Delta Air Lines by $1.6 billion. This shift in portfolio allocation highligh...
BitMart announced on August 21, 2026, that it is exploring a restructuring plan as an alternative to a full shutdown, which may include a phased resumption of some services. However, trading will still end on August 26, 2026, at 01:00 UTC, and all wi...
A Federal Reserve Bank of Cleveland study reveals that showing people Bitcoin's past returns encourages them to buy more crypto. The research also finds that crypto holders tend to be younger, male, and more optimistic about returns, viewing crypto a...
South Korea's largest crypto exchange, Upbit, recorded $830 million in trading volume in one hour, driven mainly by XRP and the TRUMP meme coin. The 24-hour volume surged to $3.81 billion, marking a strong return of retail crypto trading after months...
In the last 24 hours, 39.23 million Shiba Inu (SHIB) tokens were sent to dead wallets, effectively removing them from circulation and increasing the token's burn rate by over 88%. Over the past week, 192.84 million SHIB were burned, though the weekly...
