MicroStrategy sold 32 Bitcoin worth about $2.5 million between May 26 and May 31, 2026, its first sale since December 2022. This triggered a $20 million dispute on Polymarket, a crypto prediction market, over whether the sale counts as occurring by May 31 or only when publicly disclosed on June 1. Polymarket's resolution system escalated the dispute to a vote, highlighting challenges in aligning corporate disclosure rules with real-time market assumptions. The sale is minor relative to MicroStrategy's 843,706 BTC holdings and seen as routine treasury management, not a strategic shift.
Advent International and Stripe have ended their pursuit of acquiring PayPal in a deal valued at over $50 billion, which would have been one of the largest leveraged buyouts ever. PayPal's shares dropped as much as 16% in premarket trading following ...
Sanctum, a liquid staking protocol on Solana, has surpassed Jupiter Exchange to become the leading protocol by total value locked (TVL), now holding about $1.66 billion. This shift highlights growing investor preference for yield-generating staking p...
Bitcoin is approaching a critical resistance zone between $80,000 and $83,000, where technical analyses suggest a risk of rejection before the next major move. One analysis warns of a potential lower high and deeper pullback if Bitcoin fails to hold ...
Prosafe SE announced its Q2 2026 results highlighting a very safe quarter with nearly 100% commercial uptime across its accommodation units, except for a brief period during maintenance (SPSs) at the start of the quarter. The company operates five ac...
Prediction markets now see only a 10% chance that Stripe will acquire any part of PayPal in 2026, down from 70% earlier this year. Stripe and Advent International withdrew their $60.50 per share bid, valuing PayPal at over $53 billion, after PayPal's...
