Strive, a Bitcoin treasury company, raised capital through its preferred stock (SATA) to purchase 111 Bitcoin in one trading session, increasing its holdings to over 19,000 BTC. The preferred stock offers a 13% dividend yield, funded by Bitcoin purchases, with plans for daily cash payouts starting mid-June 2026. While investors gain dividend income and Bitcoin exposure, risks include Bitcoin price drops impacting Strive's treasury and the obligation to pay dividends regardless of Bitcoin performance. The company’s strategy hinges entirely on Bitcoin, with no diversification or operational revenue to offset downturns.
Virtuals Protocol has introduced customizable tokenized indexes on the Robinhood Chain, allowing users to combine multiple assets into a single token. This innovation enables users to create and manage their own asset baskets and earn fees when other...
US spot Bitcoin ETFs saw net inflows of $107.8 million on Wednesday, while Ethereum ETFs attracted $53.8 million, signaling renewed institutional interest in crypto funds. Since their launch in January 2024, Bitcoin ETFs have accumulated over $51 bil...
Kaia has signed a strategic partnership with Xilo Labs to integrate Mochi, an onchain asset management platform, into Kaia's ecosystem. This collaboration allows users to invest stablecoins into diversified portfolios backed by tokenized real-world a...
Bitcoin's price surged to nearly $65,000 following softer-than-expected U.S. inflation data for June, easing fears of Federal Reserve rate hikes. However, on-chain data reveals two main groups of investors—long-term holders who bought near last year'...
Bitcoin miners are experiencing declining revenue as the network's hash rate and mining difficulty fall, reflecting a shift of miners into AI infrastructure. Despite this stress, miners are accumulating Bitcoin, with reserves increasing by 1%, signal...
