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Bitcoin News Roundup for May 7, 2020

BTC could hit $10K while mining ramps up. This is CoinDesk's Markets Daily podcast.

Updated Dec 11, 2022, 7:33 p.m. Published May 7, 2020, 4:00 p.m.
MD FEB 27 RELEASE

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Strategy Executive Chairman Michael Saylor on CoinDesk Television

Strategy aim to reduce volatility, enable consistent bitcoin buying, and create the only bi-monthly paying preferred shares in the market.

O que saber:

  • Semi-monthly payouts are expected to reduce the typical post-ex-dividend price drop, lower volatility, and help keep STRC trading closer to its $100 par value.
  • More frequent distributions should reduce reinvestment lag and spread buying activity more evenly throughout the month, allowing Strategy to purchase bitcoin at a steadier pace while...