Bitcoin News

Bitcoin News

Markets

Saylor's Strategy initiates buybacks and bitcoin monetization program, lifts STRC dividend

Strategy adopted a new capital management framework, authorizing up to $2 billion in buybacks while creating a program that allows future bitcoin sales to support liquidity.

Strategy Executive Chairman Michael Saylor (CoinDesk)

Markets

Bitcoin falls into a technical no man’s land as major support levels sit miles away

Bitcoin is trading below key technical and onchain valuation levels, with historical bear market patterns suggesting a potential bottom closer to $45,000.

BTC Cost Basis (CheckonChain)

Markets

$4 billion gone. Spot bitcoin ETFs are on track for their worst month on record

Investors have pulled out $4 billion from the U.S.-listed spot bitcoin ETFs in June, the highest outflow on record.

AI trading screens. (TheDigitalArtist/Pixabay)

Markets

Samson Mow says bitcoin bottom is in despite skepticism from analysts

The bitcoin advocate said his crypto bottom claim is based on the fact that the traditional four-year halving cycle has changed, although several analysts continue to expect further downside.

Samson Mow. (JAN3/Media)

Markets

Michael Saylor teases more bitcoin buying even as Strategy stock continues to fall

The crypto bull shrugged off market skepticism by sharing a chart of the company's $50 billion stash and teasing that they are going to need more data points.

Strategy Executive Chairman Michael Saylor (CoinDesk)

Markets

Why a selloff in gold and silver is dragging bitcoin down

Bitcoin has long been lumped in with precious metals as a hedge against a weakening dollar. That trade is unwinding on a hawkish Fed, and bitcoin is falling alongside the metals it was supposed to rival.

All but one of the recently launched spot bitcoin exchange-traded funds (ETF) charge a lower fee than the largest gold ETF, making them a cheaper investment into a gold-like asset. (Unsplash)

Markets

Strategy's valuation has fallen below the value of its bitcoin holdings

For years, investors had valued the firm well above its bitcoin holdings, giving Strategy massive flexibility to raise capital as needed — a situation Michael Saylor and team took full advantage of.

Michael Saylor & James Van Straten (CoinDesk)

Markets

All eyes on Strategy's June 30 ex-dividend date and monthly STRC dividend rate reset

Investors are watching the preferred stock's ex-dividend date and monthly dividend rate reset closely.

Strategy's Michael Saylor (CoinDesk)

Finance

Grant Cardone says he will keep buying bitcoin using real estate cash flows

The real estate investor pitched his model as a treasury company backed by cash-flowing property rather than stock sales, framing the slide in bitcoin as a chance to accumulate.

Grant Cardone. (CoinDesk)

Markets

Too big to fail: Strategy’s $13 billion bitcoin paper loss alone dwarfs hundreds of prominent tokens

Strategy’s paper loss exceeds the market caps of hundreds of tokens, highlighting the extreme concentration of risk in the crypto market right now.

Strategy Executive Chairman Michael Saylor (CoinDesk)