Strategy, led by Michael Saylor, has recovered strongly from the 2022 crypto downturn, with Bitcoin and cash reserves exceeding its debt by about $48 billion. The company now holds approximately 843,700 BTC, making it the largest corporate Bitcoin holder globally. However, its preferred stock STRC, designed to trade near $100 with an 11.5% dividend yield, has recently fallen to the high-$80 range, raising concerns about its capital-raising ability. Investors remain cautiously optimistic as Strategy prepares for upcoming dividend payments and continues its aggressive Bitcoin acquisition plan.
Binance founder Changpeng Zhao (CZ) sparked debate by suggesting that dormant Bitcoin wallets, including those believed to belong to Satoshi Nakamoto, might be frozen if quantum computing threatens their security. This idea aims to prevent theft from...
Galaxy Digital CEO Mike Novogratz expressed optimism about Bitcoin's future, suggesting that potential Federal Reserve rate cuts could revive its price momentum. Despite Bitcoin's recent weak performance and low investor interest, Novogratz believes ...
Bitcoin surged past $64,000 following renewed optimism from resumed U.S.-Iran diplomatic talks aimed at easing Middle East tensions. U.S. officials, including Vice President JD Vance, confirmed ongoing discussions in Switzerland involving key negotia...
Pump.fun, a Solana-based memecoin platform, launched GO, a bounty marketplace where users complete tasks for crypto rewards held in escrow. Tasks range from extreme stunts like betting from Everest's summit to face tattoos, some leading to new memeco...
Shiba Inu (SHIB) has seen over 28 billion tokens flow out of exchanges in the last 24 hours, indicating increased buying activity and reduced selling pressure. Although SHIB's price remains down 1.28% and has not yet recovered, this net outflow sugge...
