Browsing: Bitcoin
Strategy reported a net loss of US$8.22 billion for the second quarter, against net income of US$10.02 billion a year…
How a PPE company’s highly publicized $32M Bitcoin strategy quietly expired without purchasing a single coin
Rectitude Holdings’ $32.625 million financing intended mainly to fund Bitcoin purchases ended without producing shares or cash, according to the…
Bitcoin ETFs just broke a brutal $500M losing streak, but the entire recovery is an illusion propped up by BlackRock
U.S. spot Bitcoin ETFs snapped a four-session losing streak on July 29 and finished the day with $32.1 million in…
Down to its last $4,000 in cash, a crypto firm holding millions in Solana is seeking a loan to survive $1.5M debt
UK-based Supernova Digital Assets has built a multimillion-pound crypto treasury, but its latest accounts expose the strategy’s less glamorous constraint:…
Bitcoin struggles to turn US GDP miss into bullish catalyst as strong spending backs Fed caution
Bitcoin briefly topped $65,000 on Thursday after US economic growth fell short of forecasts.Data from CryptoSlate show the largest cryptocurrency…
Morgan Stanley Ethereum and Solana ETFs outperform rivals as second-day inflows reach $33 million
Morgan Stanley’s new Ethereum and Solana exchange-traded funds drew $33 million on their second trading day, outperforming larger rivals and…
BitMEX wipes out 35 derivatives as exchange shutdown approaches with punishing post-closure fees
BitMEX settled 35 derivatives today, July 30, closing any remaining positions and canceling open orders as the exchange moved another…
A 90% shareholder rebellion just forced this public company to dump its entire Bitcoin treasury at a crushing £39,984 per-coin loss
Shareholders of Satsuma Technology Plc approved a capital return and delisting with 90.63% and 90.59% of votes cast, respectively, against…
How a $1.9 billion ‘Bitcoin reserve’ ended up in the top corporate rankings without buying a single coin
As of July 30, BitcoinTreasuries ranked Bitcoin Standard Treasury Company fifth among public companies, displaying 30,021 BTC worth about $1.9…
The Federal Reserve held its benchmark rate at 3.50% to 3.75% on July 29 in a 9-3 vote that showed…