Stephen Alpher

Stephen is CoinDesk's managing editor for Markets. He previously served as managing editor at Seeking Alpha. A native of suburban Washington, D.C., Stephen went to the University of Pennsylvania's Wharton School, majoring in finance. He holds BTC above CoinDesk’s disclosure threshold of $1,000.

Stephen Alpher

Latest from Stephen Alpher


Finance

OKX Chief Legal Officer Mauricio Beugelmans Leaves the Exchange

According to Beugelmans’ Linkedin profile, he spent three years and eight months at the exchange.

OKX trading app on a mobile phone (CoinDesk)

Finance

IREN Calling Off Bitcoin Mining Expansion in Favor of AI Data Centers

The company expects to reach its previously planned 52 EH/s of bitcoin mining capacity in coming months.

https://www.hpe.com/us/en/newsroom/press-release/2023/06/hewlett-packard-enterprise-unveils-ai-cloud-for-large-language-models.html

Markets

Michael Saylor's Strategy Adds Another 22K Bitcoin for $1.92B

The purchase was funded mostly common stock issuance and brought the company's holdings to 528,185 BTC.

Strategy Executive Chairman Michael Saylor at the Digital Asset Summit in New York City on March 20, 2025. (Nikhilesh De)

Markets

Strategy Holders Might be at Risk From Michael Saylor's Financial Wizardry

Though Strategy has been buying bitcoin for nearly five years, the recent aggressive pace of purchases means another moderate leg lower in prices would put the company in the red on its BTC stack.

MicroStrategy Executive Chairman Michael Saylor (Credit: CoinDesk/Danny Nelson)

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Markets

Galaxy Digital Reaches $200M Settlement Agreement With NYAG Over LUNA Investments

Galaxy reported profit of $174 million and $365 million for Q4 and the full year of 2024, respectively

Mike Novogratz, founder and CEO of Galaxy Digital

Markets

Tokenized Gold Hits Record $1.4B Market Cap as Trading Volumes Soar in March

The overall stablecoin market, including tokens pegged to currencies and commodities, crossed $230 billion rising for the 18th consecutive month, CoinDesk Data's report show.

A gold bar (Scottsdale mint/Unsplash)

Markets

GameStop Tumbles 25% Following Bitcoin Convertible Bond Plan. What's Happening?

The sell-off might have to do with the convertible note pricing, while some speculated that it's a sign of investor disapproval of the bitcoin acquisition plans.

(John Smith/VIEWpress)

Markets

Possible Blow to Crypto as CoreWeave Reportedly Slashes Valuation to $23B

A separate report said the AI-related firm is also cutting the size of its IPO to just $1.5 billion.

cloud servers (CoinDesk archives)

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Finance

Tether Boosts Stake in $1.12B Agricultural Firm Adecoagro to 70%

AGRO shares jumped over 7% to $11.95 in pre-market trading following the announcement

Tether CEO Paolo Ardoino (Tether)

Markets

Ripple Partners With Chipper Cash to Boost Payments in Africa Using XRP

Chipper Cash, which claims to have five million customers across nine African countries, said the move will allow consumers to speedily receive funds from around the world, around the clock.

africa 3