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Bitcoin’s Future Is Now a Four-Way Ideological Battle, According to Michael Saylor

Bitcoin has moved beyond being a narrow technical experiment or niche monetary protest, according to Strategy Chairman Michael Saylor. He believes the crypto asset is now the dominant digital monetary…

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Saylor Blasts Bitcoin Doom Narrative, Says $400B AI Frenzy Drained Crypto Capital

Bitcoin fell to a low of $61,310 on June 4 as traders debated whether Strategy’s first net bitcoin sale since 2022 or billions in exchange-traded fund (ETF) outflows played the…

Continue ReadingSaylor Blasts Bitcoin Doom Narrative, Says $400B AI Frenzy Drained Crypto Capital

Bitcoin Falls to $65,710 as Record ETF Outflows and Strategy Sale Rattle Market

Bitcoin fell under $66,000 on June 3, albeit briefly, as record exchange-traded fund outflows and a rare sale by Strategy deepened a selloff that has wiped out billions in leveraged…

Continue ReadingBitcoin Falls to $65,710 as Record ETF Outflows and Strategy Sale Rattle Market

Polymarket Trader Loses $527K as Strategy’s First Bitcoin Sale Since 2022 Settles a Heated Bet

A trader on the decentralized prediction market Polymarket lost about $527,000 in a single day after Strategy disclosed its first bitcoin sale since 2022, per Lookonchain. A Bet Settled by…

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Strategy Cuts $1.5B in Convertible Debt and Grows Bitcoin Holdings to 843,738 BTC

Strategy retired $1.5 billion in convertible debt at a discount on Tuesday and disclosed it now holds 843,738 bitcoin, reflecting a year-to-date BTC Yield of 13.3%. Strategy Retires $1.5 Billion…

Continue ReadingStrategy Cuts $1.5B in Convertible Debt and Grows Bitcoin Holdings to 843,738 BTC