Strategy purchased 1,550 Bitcoin for about $101.3 million between June 1 and June 7, increasing its total holdings to 845,256 BTC valued at roughly $53.5 billion. The acquisition was funded through at-the-market sales of MSTR shares, with the company also maintaining a $1 billion USD reserve as of June 7. Despite unrealized losses of about $10.5 billion due to market prices, the firm continues to accumulate Bitcoin while managing dividends and liquidity through preferred stock sales and reserves. Analysts note the company's strong liquidity position but suggest rebuilding reserves to ease market concerns.
Major cryptocurrencies experienced significant price declines, with Bitcoin falling about 4.73% to $60,231 and Ethereum dropping 11.17% to $1,567.23. Other notable coins like Binance Coin, Cardano, and Solana also saw double-digit percentage losses. ...
Starknet introduced STRK20, a new token standard enabling private balances and transfers using zero-knowledge proofs, with strkBTC as the first live asset on mainnet since May 2026. This innovation shifts privacy from add-on mixers to native token st...
