Strategy (MSTR) surged on Wall Street after bitcoin’s rally, despite holding the largest short interest — about 14% of its $41.6 B market cap — among $25 B+ global equities.
The Bitcoin price has continued its multi-week correction, dipping below critical psychological and technical levels as traders weigh economic pressures.
Bitdeer has fully liquidated its corporate bitcoin treasury — selling all newly mined and reserve BTC over eight weeks, including 943.1 BTC in a single week.
Nakamoto Inc. (NASDAQ: NAKA) announced today that it has completed its acquisitions of BTC Inc. and UTXO Management GP, LLC (“UTXO”), finalizing merger agreements previously announced earlier this month.
Bitcoin’s massive slide from its October high near $126,000 to about $67,000 has sparked debate over whether fears of quantum computing pose a real threat to the network’s cryptography or whether the downturn is better explained by shifting capital flows.
Arkham says UAE royal-linked bitcoin miners are holding 6,782 BTC worth $453.6 million, sitting on an estimated $344 million unrealized profit while largely keeping their stash untouched.