Strategy sold 3,588 Bitcoin between June 29 and July 5, raising about $216 million to fund preferred stock distributions and increase its US dollar reserves. This sale is part of a broader Bitcoin monetization program approved by the board, allowing up to $1.25 billion in Bitcoin sales to support capital management. Despite these sales, the company still holds approximately 843,775 Bitcoin worth around $52 billion. Strategy also reported an $8.32 billion digital asset loss in Q2, mainly from unrealized losses, and appointed a new principal accounting officer following a retirement.
The Rosen Law Firm is investigating potential securities claims against Putnam Investment Management, LLC, alleging the company may have provided misleading business information to investors in its stock-based mutual funds. Investors who purchased Pu...
CoreWeave secured a $35 billion deal with Meta, making Meta one of its largest customers through 2032. Despite this significant partnership, CoreWeave's shares fell following news related to Meta's own cloud services. The drop suggests investor conce...
Bitcoin price hovered around $64,150 after US President Donald Trump paused military strikes on Iran, reducing immediate escalation risk. Despite this, geopolitical tensions persist with ongoing diplomatic talks and regional conflicts, keeping pressu...
Coinbase has introduced a new feature allowing users to instruct AI agents to automatically buy Ethereum if its price drops by 5%, turning simple commands into rule-based limit orders executed by the exchange. This automation helps users react to mar...
Bitget received two industry awards at the Wiki Finance Expo Hong Kong 2026 for its innovation in multi-asset CFD trading. The exchange is expanding beyond traditional crypto markets into commodities, forex, indices, and stocks under its Universal Ex...
