SpaceX Reveals How Much Bitcoin (BTC) It Owns
SpaceX has revealed in a new S-1 registration statement with the U.S. Securities and Exchange Commission (SEC) that it owns $1.293 billion in Bitcoin (BTC) on its balance sheet. The…
Auto Added by WPeMatico
Bitcoin sinks below $75K with $945M in leveraged bets crushed as Trump weighs Iran strikes
Market volatility may increase as geopolitical tensions influence investor sentiment, potentially impacting global economic stability. The post Bitcoin sinks below $75K with $945M in leveraged bets crushed as Trump weighs…
Bitcoin Loses Key Support Levels, HYPE Sets New ATH, Markets Brace for New Fed Chair: Weekly Recap
Perhaps the most anticipated financial and economic event is just hours away, as the US Federal Reserve will have a new Chairman after more than eight years under Jerome Powell.…
Crypto Traders Brace for $1.5B Bitcoin Options Expiry Today
Around 20,500 Bitcoin options contracts will expire on Friday, May 22, with a notional value of roughly $1.5 billion. This event is smaller than usual, so it is unlikely to…
Bitcoin’s Key Resistance Stall Could Send it Tumbling Much Lower: Analysts
Bitcoin has hit resistance at its 200-day moving average and is showing signs of a trend reversal, according to CryptoQuant on Wednesday. The move closely mirrors a March 2022 pattern…
Tether Acquires SoftBank Stake in Bitcoin-Focused Treasury Company XXI
Tether International has announced acquiring Japanese multinational investment firm SoftBank’s minority stake in the Bitcoin-focused treasury company, Twenty One Capital (XXI). At the closing of the transaction, SoftBank’s representatives on…
Bitcoin Bleeds $1B Weekly but XRP and SOL Defy Market Panic
Last week, digital asset investment products experienced $1.07 billion in outflows, according to CoinShares, making it the first negative week after seven straight weeks of gains. It was also the…
SpaceX could IPO at $2T valuation while holding $637M in Bitcoin
SpaceX's IPO could reshape market dynamics, blending aerospace, AI, and crypto, while challenging investors to assess high valuation risks. The post SpaceX could IPO at $2T valuation while holding $637M…
Strategy may sell Bitcoin to finance $1.5B convertible note repurchase
Strategy's potential Bitcoin sale for debt buyback highlights the complex interplay between cryptocurrency reserves and corporate financial strategies. The post Strategy may sell Bitcoin to finance $1.5B convertible note repurchase…
Strategy Plans Major Note Repurchase While Leaving Door Open to Bitcoin Sales
Business intelligence software giant, Strategy, announced that it has entered into privately negotiated agreements with certain holders of its outstanding 0% Convertible Senior Notes due 2029 to repurchase approximately $1.5…