Cryptocurrency News

Strategy executive chairman Michael Saylor said that continuing to use the “never sell” Bitcoin mantra could ultimately undermine the very asset his company is built around.Strategy executive chairman Michael Saylor said he raised the possibility of selling Bitcoin during Strategy’s recent earnings call to protect the asset’s long-term interests.“We own about $65 billion worth of…Read More

A16z crypto said that when US legal frameworks strike a balance between innovation and consumer protection, the impact tends to ripple through into global markets.The US CLARITY Act, which aims to provide the US crypto industry with more regulatory clarity, could have a positive ripple effect beyond the crypto sector itself, according to venture capital…Read More

Potential liquidity contractions in secondary markets and surging government bond yields could spell trouble for preferred perpetual stockholders.Investors are mispricing risk for perpetual preferred stocks, like Bitcoin treasury company Strategy’s Variable Rate Series A Perpetual Stretch Preferred Stock (STRC), according to Matt Dines, the chief investment officer of credit asset management company Build Markets.The corporate…Read More

The notes carry a 0% coupon, but can be converted into equity in the company if holders choose to redeem their notes for shares. Bitcoin treasury company Strategy announced on Friday that it will repurchase $1.5 billion in 0% convertible notes, due in 2029, retiring about half of the 2029 convertible note tranche’s total outstanding…Read More

Bitcoin fell below $78,000 for the first time since the start of May, but traders refused to give up hope of a BTC price rebound coming next.Bitcoin (BTC) circled $78,000 on Saturday after geopolitical headwinds erased most of its May gains.Key points:Read moreRead More