Bitcoin News
Strategy drops $2B on Bitcoin in one week
Strategy purchased 24,869 bitcoin last week for roughly $2 billion at an average price of $80,985 per coin, bringing its total holdings to 843,738 BTC at an aggregate cost of $64 billion. The purchase was funded almost entirely through sales of its STRC preferred stock. CoinDesk's Jennifer Sanasie hosts "CoinDesk Daily."
Live markets: Bitcoin gives up all of May's gains, slipping below $77,000
Strategy made a mammoth $2 billion bitcoin purchase last week, but it's not lifting crypto spirits or prices.
Bitcoin faces outsized quantum threat as computing breakthroughs accelerate, Citi says
The bank said accelerating advances in quantum computing are compressing the timeline for risks to crypto and broader internet infrastructure, with Bitcoin seen as particularly exposed.
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.
