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


Markets

Bitcoin Treasury Firms' 'Dry Powder' Could Push Prices Up Significantly: NYDIG

Issuance capacity among bitcoin-holding companies could translate to tens of billions in market buying power.

Dry powder

Finance

Semler Scientific Adds 167 Bitcoin, Bringing Holdings to 3,634 BTC

The company made its latest purchases for $16.2 million, or an average price of $97,093 per bitcoin.

(BenjaminNelan/Pixabay)

Finance

Michael Saylor's Strategy Adds 1,895 Bitcoin, Bringing Company Stack to 555,450 BTC

A combination of sales of common stock and STRK preferred stock funded the latest purchase.

Strategy Executive Chairman Michael Saylor standing. (Nikhilesh De/CoinDesk))

Finance

Franklin Templeton Backs Bitcoin DeFi Push, Citing ‘New Utility’ for Investors

"I don’t think focusing on Bitcoin DeFi will dilute or complicate Bitcoin’s core narrative." Farrelly said.

CoinDesk

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Markets

Strategy’s $84B Bitcoin Expansion Plan Backed by Wall Street Analysts

Sell-side bulls from Benchmark and TD Cowen viewed Michael Saylor and team's plan as a bold yet realistic escalation of its bitcoin-focused strategy amid rising institutional interest.

Michae Saylor (Jason Koerner/Getty Images)

Markets

U.S. Added Stronger Than Expected 177K Jobs in April

The price of bitcoin was modestly lower at $96,700 in the moments following the news.

The government releases jobs data for November on Friday (YinYang/Getty)

Markets

Strategy Raising Another $21B to Buy Bitcoin, Posts Large Q1 Loss on BTC Price Decline

The company boosted its BTC Yield target to 25% from 15% and its BTC $ Gain Target to $15 billion from $10 billion.

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

Markets

Gold Continues Correcting and That Might Be Good for Bitcoin

The two assets have had inverse-correlated ETF flows on four different days in the last week.

Gold (Credit: Shutterstock)

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Markets

Bitcoin Tops $97K, Strategy Hits 2025 High Ahead of Earnings Amid Capital Raise Speculation

Both bitcoin and the Nasdaq are above their levels just prior to President Trump's early April tariff announcements.

A mesmerizing Bitcoin animation, right next to an art gallery. (Credit: Tom Carreras)

Markets

SOL, XRP and DOGE Spot ETFs Likely to Be Approved by SEC in Coming Months, Analysts Say

Action could come as soon as July 2, when the SEC will be required to make a final decision on a number of altcoin ETF proposals.

ETFs up for decision (Spencer Platt/Getty Images)