Bitcoin treasury firm Strategy returned to profitability after surging cryptocurrency prices generated $21 billion in paper gains during the third quarter, according to founder and chairman Michael Saylor.
Strategy has proposed shifting STRC, STRF, STRK, and STRD to daily dividends, aiming to enhance retail appeal and onchain composability while keeping annual dividend economics intact.
Strategy and Strive purchased a combined 2,305 Bitcoin for $182.7 million as the cryptocurrency price topped $86,000, amid corporate treasury updates and a broader market rally.
MSCI has evolved from an objective benchmark provider into a de facto market regulator, proposing non-operating company filters that threaten to exclude corporate Bitcoin adopters like Strategy from global indices.
Bitcoin and cryptocurrency stocks tumbled after the U.S. Senate blocked the Clarity Act in a procedural vote. Major crypto equities like Coinbase and Strategy experienced significant losses following the legislative defeat.
Bitcoin treasury firm Strategy abstained from purchasing cryptocurrency last week, allocating $139 million toward repurchasing shares of its preferred stock STRC while maintaining its massive bitcoin holdings.
Bitcoin-focused life insurer Meanwhile has secured $37.5 million in a funding round led by Bain Capital Crypto, bringing its cumulative funding past $180 million to support its Bitcoin inheritance and insurance products.
Bitcoin Magazine ‘We Know Where It Is’: Treasury Secretary Threatens To Freeze $1B of Iran’s Crypto The U.S. will seize $1 billion of Iran’s crypto this week, U.S. Treasury Secretary Scott Bessent has said. It isn’t clear which asset though. This post ‘We Know Where It Is’: Treasury Secretary Threatens To Freeze $1B of Iran’s…
Bitcoin Magazine Here’s How Not To Screw up Your Bitcoin Privacy Speaking on the Bitcoin Rails podcast, Cake Wallet’s Seth for Privacy said people need to take more precautions to protect their identities when using the biggest cryptocurrency. This post Here’s How Not To Screw up Your Bitcoin Privacy first appeared on Bitcoin Magazine and…
U.S. investors withdrew $729 million from spot bitcoin exchange-traded funds over two days, driven by potential Federal Reserve rate hikes and geopolitical tensions in the Middle East involving Iran.
Bitcoin Magazine Ledger Warns Buyers Not to Set Up Wallets From Reseller After Users Report Losses Hardware wallet manufacturer Ledger is investigating after users reported having wallets drained. This post Ledger Warns Buyers Not to Set Up Wallets From Reseller After Users Report Losses first appeared on Bitcoin Magazine and is written by Mathew Di…