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Record Quarter: Strategy Earns $10B, Files $4.2B Offering to Buy More Bitcoin

Strategy Incorporated, formerly operating as Microstrategy, has filed for a $4.2 billion offering of its Variable Rate Series A Perpetual Stretch Preferred Stock (STRC) while reporting record second-quarter net income…

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FTX Stakes $79M in ETH, Whales Are Buying, BlackRock’s ETHA Keep Growing

TL;DR FTX staked $79M ETH after withdrawing $75M, signaling renewed activity from major crypto players. BlackRock now holds 2.5% of all ETH, adding $375M more through its growing Ethereum ETF.…

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These 3 Public Companies Now Own Nearly 4% of All Bitcoin and Why That’s Risky

DATCOs, a.k.a Digital Asset Treasury Companies, now collectively hold over $100 billion in digital assets. The bulk of these holdings is dominated by publicly listed firms, with Michael Saylor-led Strategy…

Continue ReadingThese 3 Public Companies Now Own Nearly 4% of All Bitcoin and Why That’s Risky