
Strategy sold 1,690 BTC for $108.6 million last week and used the proceeds to repurchase 1.15 million STRC preferred shares. The company also sold 6.59 million MSTR shares, raising $653.1 million, with much of the money added to its dollar reserve. Strategy now holds 840,447 BTC, acquired for a total of $63.36 billion at an average purchase price of $75,385 per Bitcoin. Its dollar reserve has increased to about $4.65 billion, giving the company additional funds for dividends, share purchases and other corporate needs.
Cronos Network has paused operations after an exploit hit Tectonic, its lending protocol, with on-chain…
XRP is trading near $1.42 after pulling back from its recent $1.69 high, but its…
Michael Saylor’s Strategy, the rebranded MicroStrategy, has hinted that it could be back to buying…
Bitcoin is trading at $78,796.58, Ethereum at $2,478.28 and XRP at $1.40 as traders brace…
Russia’s largest bank, Sberbank, is preparing to expand crypto-backed lending beyond Bitcoin, planning to accept…
A British Bitcoin investor has recovered 61 BTC that he lost access to after the…