MicroStrategy (MSTR) shares have fallen 46% in the past month to $82.31, hitting a two-year low due to significant unrealized bitcoin losses and growing financial strain. The company's bitcoin holdings, acquired at an average price of $75,000, are now valued around $59,560, causing a market value drop below its bitcoin reserves. Preferred shares (STRC) hit a historic low at $71.40, reflecting investor concerns over the company's $1.2 billion annual dividend obligations and limited cash runway of about 10 months. To stabilize, MicroStrategy must raise liquidity, but options like selling bitcoin or issuing more shares risk undermining investor confidence and the firm's core strategy. Market watchers warn of potential shareholder litigation amid worsening conditions.
A $100 million hack on Coldcard bitcoin hardware wallets has revealed nearly 5,000 security vulnerabilities across 400 crypto projects, including 85 critical bugs. This has shaken investor confidence and kept bitcoin prices near recent lows. A volunt...
Arm Holdings is positioned to benefit significantly from the growing AI and AGI CPU market, with demand doubling quarter-over-quarter and over $2 billion in secured orders from major partners like Meta and Oracle. Management aims for $25 billion in r...
Fuel Labs has launched its mainnet featuring a parallel execution engine for Ethereum-compatible applications. This innovation allows multiple transactions to be processed simultaneously rather than sequentially, enhancing throughput for complex dece...
ZCash (ZEC) has risen above the $500 mark after gaining 12.48% over the past week, recovering from a local low of $451. Despite this short-term bullish move, mixed signals from different timeframes and flat volume indicators suggest the price is infl...
A severe vulnerability in BTCPay Server, a widely used Bitcoin payment processor, allowed attackers to access Lightning node credentials and steal funds from connected nodes. Notable victims include Foundation, a hardware wallet maker, and the Bitcoi...
