Bitcoin News

Strategy made mammoth $2 billion bitcoin purchase last week
Michael Saylor and team added 24,869 BTC last week, bringing total holdings to 843,738 coins.

Bitcoin Depot, North America's largest bitcoin ATM operator, files for bankruptcy
Bitcoin Depot, the largest bitcoin ATM operator in North America and publicly listed on Nasdaq, has filed for Chapter 11 bankruptcy.

Crypto traders betting on a rally lose $563 million in liquidations. Ether and bitcoin suffer the most
Ether and bitcoin led liquidations, as their prices dropped on macroeconomic concerns.

Bitcoin slides under $77,000 as oil shock and Treasury yields hit risk assets
Long-term holders are still sitting tight and exchange balances remain near six-year lows, Binance Research data shows, but underwater short-term holders leave BTC vulnerable to macro shocks.

DeFi's new front: VerifiedX bets bitcoin's next chapter is programmable, private
VerifiedX says its Bitcoin sidechain enables programmable, privacy-preserving transactions without synthetic wrappers, targeting growing institutional demand for native DeFi on the original blockchain system.

Bitcoin gives up Clarity Act gains as macro rout wipes out leveraged crypto bulls
Stocks, gold and crypto slid on Friday while crude oil topped $100 and traders repriced Fed expectations for rate hikes.

Strategy to repurchase $1.5 billion of 2029 convertible bonds using cash or bitcoin sales
Led by Michael Saylor, the company aims to retire half of its outstanding 0% 2029 converts as it restructures liabilities tied to its bitcoin treasury strategy.

IREN closes $3 billion convertible notes deal amid AI infrastructure expansion
Bitcoin miner turned AI infrastructure operator secures one of the sector’s largest financings as investor demand drives multiple upsizes.

Strategy’s STRC stock logs record $1.5 billion trading volume, funds 11,707 bitcoin purchase
Heavy trading volume ahead of the ex-dividend date pushed STRC to its busiest session on record.

Bitcoin is still stuck below its 200-day average. Treasury yields may be the reason.
Rising yields may act as a headwind for assets like bitcoin and gold while potentially benefiting tokenized Treasury markets.

