Strategy Inc., led by Michael Saylor, saw its Bitcoin holdings gain over $12.9 billion in unrealized profits after BTC price rose more than 24% in seven days. The company holds 840,447 BTC with an average cost of $75,385 per coin, resulting in net unrealized gains of about $2.4 billion. This marks the first profit since May 2026, recovering from a $14.17 billion loss in July 2026. Strategy also boosted cash reserves to $4.8 billion without selling Bitcoin, signaling confidence amid the rebound and potential for further bullish momentum.
Profusa, Inc. saw its stock fall 28% following a wider Q2 net loss of $8.8 million and a 1-for-4 reverse stock split. The company disclosed convertible exchange agreements and borrowed $650,000 for working capital, raising investor concerns about its...
Cryptocurrency stocks like Strategy, Bitmine Immersion Technologies, and Coinbase rose significantly due to a $3.3 billion short squeeze in leveraged crypto bets, mostly on Bitcoin and Ethereum. Bitcoin jumped 10% and Ethereum 18%, marking the larges...
Strategy has aggressively defended its STRC preferred shares, pushing prices back close to the $100 redemption level after a sharp 25% drop in June. STRC now yields 13.6%, significantly higher than the 10-year Treasury, reflecting its higher risk. MS...
Bitcoin's price jumped above $71,500 after President Trump indicated the US government is considering buying Bitcoin and other digital assets on a significant scale. This potential move would mark a shift from previous plans and could create a new so...
Bitcoin surged above $68,000, sparking a 13% rally in crypto-linked stocks like Strategy, Bitmine Immersion Technologies, and Coinbase. The U.S. SEC's proposed "Regulation Crypto Assets" framework is seen as a key catalyst, despite the stalled Clarit...
