Bitcoin Treasuries Added $3.5 Billion in January—Almost All By Strategy
In brief Strategy accounted for 93% of Bitcoin purchases among digital asset treasuries last month. That represented the firm’s busiest month in a year. Other...
Tag : Billion
Strategy Will Buy Bitcoin 'Forever', Says Michael Saylor—Even With $5 Billion Paper Loss
In brief Strategy founder Michael Saylor said the firm will be buying Bitcoin “every quarter, forever,” despite the firm’s mounting losses. He said that if...
Strategy Buys More Bitcoin as $50 Billion BTC Stash Remains Underwater
In brief Publicly traded Bitcoin treasury firm Strategy spent $90 million to purchase 1,142 Bitcoin last week. The company now holds nearly $50 billion in...
Investigators Circle as Bithumb Reveals Compensation Plan for $43 Billion Bitcoin Error
In brief South Korean regulators are investigating Bithumb after the exchange mistakenly credited users $43 billion in Bitcoin. The error triggered a sell-off that crashed...
Tom Lee’s BitMine Buys More Ethereum Despite $7.5 Billion Unrealized Loss
In brief BitMine Immersion Technologies added around $83 million worth of ETH last week. The firm now holds 4.325 million ETH, or over $8.8 billion...
South Korean Crypto Exchange Accidentally Gave Away $95 Billion in Bitcoin
In brief South Korean exchange Bithumb mistakenly credited users with 2,000 BTC each instead of a tiny cash reward. The error was corrected within five...
Bitcoin Giant Strategy Records $12.4 Billion Q4 Loss as MSTR Shares Hit 18-Month Low
In brief Strategy reported a fourth-quarter loss of $12.4 billion. The company’s stock price fell to its lowest point in 18 months. Bitcoin slipped below...
Tom Lee's BitMine Hits 7-Month Stock Low as Ethereum Paper Losses Reach $8 Billion
In brief Shares of BitMine Immersion Technologies hit a 7-month low Thursday, falling to its lowest point since the firm announced its Ethereum treasury strategy...
XRP Price Prediction: Ripple Quietly Unlocks a Billion Tokens – Is a Price Shock Coming in the Next Few Hours?
Ripple has just released another one billion XRP from escrow, putting fresh supply back into the market at a time when demand remains muted. This...
Strategy's Bitcoin Bet Dips Underwater as Firm Adds to $56 Billion BTC Stash
In brief Strategy’s Bitcoin bet showed losses on paper for the first time in years. Its shares have fallen 62% over the past six months....