MicroStrategy CEO Michael Saylor announced the company is 'back' to buying Bitcoin after a 10-week pause, driven by improved financial conditions. The company's $6.69 billion cash reserve now nearly offsets its $6.71 billion convertible debt, reducing net leverage to 0.1%. Additionally, its preferred shares (STRC) are trading near the $100 target, easing dividend costs. While no new Bitcoin purchases have been officially reported yet, these financial shifts suggest MicroStrategy may soon resume buying Bitcoin, signaling confidence in the cryptocurrency's future despite recent sales to support preferred share repurchases.
On August 30, 2026, the Cronos blockchain stopped block production after an attacker manipulated the price of Tectonic's TONIC token by about 100 times within 20 minutes. The attacker used the inflated token as collateral to borrow and drain $66M to ...
Michael Saylor signaled that Strategy may restart Bitcoin purchases after a 10-week halt, though no new buys are confirmed yet. The company holds 840,447 BTC valued at $63.36 billion with an average cost of $75,385 per Bitcoin. Recently, Strategy foc...
The US cattle herd is at its smallest in 75 years, causing high beef prices. President Trump announced plans to waive tariffs on imported ground beef for 90 days and is pushing to allow ranchers to process their own meat, aiming to break the dominanc...
Ripple's regulated stablecoin RLUSD has seen its supply on Ethereum grow by 93% in the past 30 days, pushing Ethereum's share to 56.1% of total supply, surpassing the XRP Ledger's 43.9%. This shift is driven by institutional demand for DeFi services ...
Bitcoin is approaching a major resistance level as the Kansas City Fed's Jackson Hole Economic Symposium begins, an event known to influence market volatility. Traders see this resistance as a critical decision point: a daily close above it could lea...
