Strategy sells 1,638 BTC for $104.7M to fund STRC buybacks, boost cash reserve to $4B
Strategy sold 1,638 Bitcoin for about $104.7 million to fund STRC preferred stock repurchases and dividends, building a cash reserve toward $4 billion as it pau
CryptoSlate · +13 outlets
Strategy Q2 earnings call focuses on STRC repair and cash buffer
Strategy's Q2 earnings call centered on repairing its STRC preferred stock and building a cash buffer, with analysts and outlets debating the sustainability of
TradingView · +11 outlets
Hashdex to shut down its $14.7M Bitcoin spot ETF DEFI, distribute cash to shareholders
Hashdex is winding down its DEFI Bitcoin spot ETF citing weak demand, giving investors only days to sell before a cash distribution to shareholders.
디지털투데이 · +10 outlets
Eric Trump's American Bitcoin pledges 38.6% of BTC holdings as collateral for mining rig purchases
American Bitcoin, tied to the Trump family, pledged nearly 40% of its Bitcoin holdings as collateral to finance mining equipment purchases.
CryptoSlate · +1 outlets
Coldcard $114 million hack spooks holders as Bitcoin and Ether fall
A $114 million hack involving Coldcard hardware wallets rattled holders, contributing to declines in Bitcoin and Ether prices.
NewsBytes
Strategy stock under pressure as B.Riley cuts price target on bitcoin assumption change
B.Riley lowered its price target on Strategy stock after revising its bitcoin price assumptions, adding to bearish sentiment around the flailing shares.
Investing.com South Africa · +5 outlets
Sphere 3D faces severe cash crunch, prepares to dilute shareholders by 50%
Bitcoin miner Sphere 3D, facing a cash shortage, is quietly preparing to dilute its shareholders by roughly 50% to raise funds.
CryptoSlate · +2 outlets
Bitcoin miners shift to AI for 4x cash flow
Bitcoin miners are increasingly pivoting to AI infrastructure, which can generate up to four times the cash flow of traditional BTC mining.
blockchain.news · +11 outlets
Bitcoin Cash stalls near $214 despite Cash 3.0 payments push
Bitcoin Cash launched new payment tools at its Cash 3.0 conference, but the token has failed to gain momentum, trading around $214-230.
Cryptonews.net · +5 outlets
Solana active wallets hit 609,000, Bitwise ETF holds $891.9M in SOL
Solana recorded 609,000 active wallets while the Bitwise SOL ETF holds $891.9 million, signaling network growth and institutional demand.
Bitget · +1 outlets
Canaan to sell crypto holdings to fund share buybacks
Bitcoin miner Canaan plans to sell its cryptocurrency holdings to finance share buybacks, trimming its digital asset exposure.
Bitcoin World · +6 outlets
Solana community votes on SIMD-0550 and SIMD-0553 to overhaul SOL tokenomics
The Solana community is voting on two proposals, SIMD-0550 and SIMD-0553, that would overhaul the network's tokenomics.
Bitget · +1 outlets
Hyperscale trims Bitcoin holdings, still sits on $61M stack
Miner Hyperscale reduced its Bitcoin position but continues to hold a roughly $61 million stack of the cryptocurrency.
bitcoinmagazine.com · +1 outlets
Tom Lee's Bitmine continues to buy ETH while Strategy sold bitcoin
Tom Lee's Bitmine (BMNR) kept accumulating Ethereum even as Strategy offloaded Bitcoin, highlighting divergent corporate crypto strategies.
CoinDesk · +14 outlets
Flap overtakes Pump.fun in daily revenue with $1.18M in memecoin launchpad wars
Memecoin launchpad Flap surpassed Pump.fun in daily revenue at $1.18 million, signaling a shift in the competitive landscape.
Bitget · +1 outlets
GameStop cuts $1.4B in debt without cash, shareholders absorb cost
GameStop reduced $1.4 billion in debt without using cash, with the cost borne by shareholders through equity-like structures.
Tech Times · +4 outlets
SUI price holds $0.65 support as buyback programme gathers pace
SUI maintained support near $0.65 as its token buyback program accelerated, with technical analysis dominating recent coverage.
Bitget · +1 outlets