Bitcoin News

Bitcoin News

Markets

Metaplanet Stock Jumps 12% as mNAV Climbs to 1.17, Highest Level Since Crypto Crisis

Bitcoin rebound and equity momentum push Metaplanet valuation multiple to 1.17 to highest level since October.

CoinDesk

Markets

Strive Starts $500M Preferred Stock 'At-The-Market' Program for Bitcoin Purchases

The new preferred stock offering, SATA, strengthens Strive’s capital options as it expands its bitcoin focused strategy.

ASST (TradingView)

Markets

Bitcoin Holds Near $92K as Selling Cools, but Demand Still Lags

ETF inflows have finally turned positive, but weak on-chain activity, defensive derivatives positioning, and negative spot CVD show a market stabilizing without the conviction needed for a sustained move higher.

Bitcoin Logo (Midjourney/modified by CoinDesk)

Markets

Michael Saylor Urges Middle East to Become the 'Switzerland of Bitcoin Banking'

The executive chairman of Strategy pitched BTC-backed banking and yield products as a $200 trillion opportunity at the Bitcoin MENA conference.

Michael Saylor, Executive Chairman of Strategy (MSTR)

Markets

Bitcoin Surges to $94K One Day Ahead of Expected Fed Rate Cut

The change from what's become typical bearish U.S. session action could signal seller exhaustion.

CoinDesk

Markets

Bitcoin Treasury Company Twenty One Drops 25% in NYSE Debut, Trades Near PIPE Pricing of $10

The company is led by Strike CEO Jack Mallers and began trading under the XXI ticker today following its SPAC merger with Cantor Equity Partners.

Jack Mallers in an interview with CoinDesk when he was CEO at Twenty One Capital

Markets

Standard Chartered Throws in the Towel on Bullish Bitcoin Forecast

Bowing to what he called a "cold breeze," but not a "crypto winter," Geoff Kendrick slashed his year-end outlook for BTC to $100,000 and doesn't expect $500,000 until 2030 versus 2028 previously.

Bitcoin Logo (Midjourney/modified by CoinDesk)

Markets

IREN Raises $2.3B, Repurchases Debt in Balance Sheet Overhaul

The bitcoin miner extended maturities, reduced coupon costs and strengthened its capital structure.

IREN (TradingView)

Markets

SGX's Crypto Futures Draw New Liquidity, Not Diverted Cash, Exchange's President Says

Institutions are pursuing cash-and-carry arbitrage, not outright bullish plays, Syn said.

The letters SGX, the exchanges logo, standing on a wall.

Markets

Saylor Says Strategy Will Not Issue Preferred Equity in Japan, Giving Metaplanet a 12 Month Head Start

MSTR executive chairman shuts down idea of near term expansion of perpetual preferreds in Japan.

Aerial view of Tokyo (Jaison Lin/Unsplash, modified by CoinDesk)