Bitcoin News

Michael Saylor breaks silence after Strategy sells $2.5 million in bitcoin
Michael Saylor says Strategy aims to make STRC the world's best credit instrument after the company sold bitcoin to help fund preferred stock distributions

Michael Saylor's Strategy sold 32 bitcoin for $2.5 million to fund dividend payments
The 8-K filing Monday says proceeds from the May 26-31 sale, executed at an average price of $77,135 a coin, will fund distributions on Strategy's preferred stock.

Strategy holds STRC dividend at 11.5% for fourth straight month
The preferred stock remains near its $100 par value as the company balances yield stability, ATM issuance capacity, and its bitcoin acquisition strategy.

Bitcoin and software stocks are breaking up — and history says a major crypto move is coming
Bitcoin and software equities have sharply diverged after moving in lockstep for years, raising questions over whether bitcoin will eventually catch up.

A massive $1.26 billion sale of BlackRock’s IBIT was likely a rapid exit by a large investor
NYDIG, meanwhile, rejected the basis-trade theory, citing the large discount and the lack of an unusual spike in corresponding CME bitcoin futures volume.

Bitcoin's wild days are over — and Trace Mayer says that's a good thing
The creator of the Mayer Multiple argues bitcoin’s growing economic substance is compressing volatility and attracting deeper capital.

Live markets: Bitcoin shrugs off early decline, but two-month winning streak is in jeopardy
A hopeful posting on Iran from President Trump helped erase morning losses.

U.S. CFTC opens crypto 'perp' door with first approvals at Kalshi, Coinbase
The Commodity Futures Trading Commission has now established a stance on how regulated U.S. firms can engage in crypto perpetual futures contracts.

Bitcoin ETF outflows reach record 9-day streak as investors pull $2.8 billion
The longest run of withdrawals since U.S. spot bitcoin ETFs listed in January 2024 comes as bitcoin underperforms high-flying AI and semiconductor stocks.

Strategy's STRC slips below $99 as Strive captures investor attention
STRC has struggled to maintain its $100 target price, while Strategy's reduced cash reserves and dividend obligations are drawing increased investor attention.

