Strategy raised $333.7 million by selling 3.46 million shares of common stock but made no bitcoin transactions, keeping its bitcoin holdings steady at 840,447 BTC. The company used part of the proceeds to repurchase $132.2 million of preferred stock, pay $52.4 million in dividends, and add $150 million to its U.S. dollar reserve, which now stands at $4.8 billion covering 2.8 years of obligations. This financial maneuver strengthens Strategy's liquidity and supports dividend and debt payments, while bitcoin holdings remain unchanged amid market fluctuations.
Onchain analytics firm Bubblemaps investigated crypto influencer @0xEthan, revealing he bought tokens before promoting them to his 88,000 followers on pump.fun and sold within three minutes after promotion. This pattern, called front-running, generat...
Aptos' APT token, priced at $0.8605 on Oct. 11, is projected by a market model to potentially reach up to $125.97 by 2032, despite conflicting data and upcoming tokenomics updates. Key factors influencing this bullish outlook include increased ecosys...
Russia has introduced new electricity rules requiring cryptocurrency mining farms to connect under Category 4 power supply, which has lower priority and allows authorities to cut power during shortages. This aims to protect electricity availability f...
TRON founder Justin Sun announced that the blockchain is prepared to deploy its quantum-resistant security layer on the mainnet at any time, aiming to protect against emerging threats from quantum computing and AI advancements. This upgrade follows c...
In the past five hours, Ether (ETH) saw the largest inflow of $48.73 million and also the biggest outflow of $8.32 million among cryptocurrencies. Bitcoin (BTC) followed with $22.47 million inflows and $7.43 million outflows. Stablecoins like USDT an...
