Strategy raised $206.61 million by selling 2.12 million shares of its STRC preferred stock, which trades at a $100 par value. The funds will be used to purchase approximately 2,536 Bitcoin at an average price of $81,471 each. This move follows the resumption of Strategy's ATM program and a recent $43 million Bitcoin acquisition. Despite criticism from economist Peter Schiff, Strategy continues to expand its Bitcoin holdings through equity offerings and preferred stock issuance.
Bitcoin's price volatility has dropped to levels last seen in mid-2023, indicating it is becoming a more stable, 'boring' asset. This shift is seen as bullish by market analyst James Check, who argues that Bitcoin's maturation reduces existential ris...
Bitcoin's price reached $78,038.37 USDT on October 30, marking a small intraday increase of 0.05%. This slight gain indicates a stable market position just above the $78,000 level, which could be a key psychological threshold for investors. The modes...
Bitcoin traded at $79,185 on Binance's spot market on October 29, briefly crossing above the $79,000 mark. This represented a 0.64% gain over the previous 15 minutes, although the price was down 0.40% over the full hour. The price quoted is specific ...
Rumors of a Binance hack caused a sharp crypto market drop, wiping out $590 million in long positions within an hour and pushing Bitcoin below $80,000. Binance later confirmed it had blocked cyberattacks linked to North Korea with no losses. The even...
Bitcoin's price fell to $78,896, down 2.71% over the past 24 hours, while Ether dropped 3.82% to $2,258.56. Other tokens like Arbitrum, NEAR Protocol, and Internet Computer saw even steeper declines, falling between 7.87% and 10.71%. This broad downt...
