Strategy purchased 24,869 Bitcoin for about $2.01 billion between May 11 and May 17, increasing its total Bitcoin holdings to 843,738 BTC, which is over 4% of Bitcoin's fixed supply. The purchase was funded by selling shares of its common stock (MSTR) and preferred stock (STRC). Despite Bitcoin prices falling below $77,000 due to ETF outflows and liquidations, Strategy continues to be a long-term net buyer, spending roughly $63.87 billion on Bitcoin at an average price of $75,700 per coin. The company also faces funding challenges, including repurchasing convertible notes, with potential funding sources including cash, stock sales, or Bitcoin sales.
The global automotive microcontrollers market is projected to grow from USD 15.49 billion in 2025 to USD 34.31 billion by 2035, at a CAGR of 8.28%. Growth is fueled by increasing adoption of advanced driver-assistance systems (ADAS), vehicle electrif...
Alpaca, a brokerage infrastructure startup, secured $435 million in funding to enter prime brokerage services, challenging traditional Wall Street firms. The company’s API supports 94% of US equities and powers tokenized stocks for Kraken. Alpaca’s t...
Raymond James Financial's rating was raised to "Buy" after positive investor event disclosures and a promising preview of its upcoming quarterly results. The company is expected to exceed earnings per share consensus for Q3 FY26, driven by strong per...
Bitcoin and Ethereum experienced combined outflows exceeding $59 million as traders moved funds into stablecoins like USDT and fiat currencies, signaling a cautious stance in the crypto market. This rotation reflects a short-term defensive strategy, ...
Whales have accumulated 70 million XRP over the past week, showing strong confidence despite XRP's price consolidating below resistance levels. The XRP Ledger surpassed 8 million activated accounts, indicating growing network adoption across payments...
