The crypto market continues to recover, pushing Strategy's unrealized Bitcoin gains to $7.5 billion. The company had previously been sitting on a $10 billion unrealized loss.
Why it matters is the scale of Strategy's Bitcoin exposure.
The company now holds 845,050 BTC, alongside
SpaceX unlocked around 319 million additional shares for sale on August 20, marking the company's second major post IPO lockup release. At recent prices near $139 to $140 before the unlock, the shares represented roughly $45 billion in potential market supply.
A Bitcoin user claims they lost 6.42 BTC from a Coldcard hardware wallet that had never been connected to the internet. The wallet was stored in a safety deposit box, with no seed phrase saved online and no signs of phishing or malware. The reported loss comes after a recently
Strategy announced a new Monetization Program that allows the company to sell up to $5 billion worth of Bitcoin to strengthen its USD reserves, support dividend payments, interest obligations, and potential share repurchases.
Ethereum officially launched its mainnet 11 years ago today with the mining of its genesis block on July 30, 2015. Since then, it has grown from an experimental smart contract platform into the blockchain powering DeFi, NFTs, Layer 2 networks, tokenized assets, and much of the W3
Iran fired multiple ballistic missiles at a US base in Jordan tonight in what CENTCOM called an "attempted surprise attack." All missiles intercepted.Oil, which had been selling off all day on de-escalation hopes, reversed sharply.The fragile pause Trump gave diplomacy on Friday
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The U.S. Senate approved Kevin Warsh for a 14 year term on the Federal Reserve Board in a 51 to 45 vote on Tuesday. The move is widely viewed as positioning Warsh to become the next chair of the U.S. central bank, replacing Jerome Powell after his term ends this week.
Here's what happened in the past 24 hours:
Reports estimate ~$1.2 trillion to $1.4 trillion added to total
US stock market value
President Trump officially signs order allowing US to impose additional 25% tariff on any country doing business with Iran
Saylor's Strategy is sitting on a $2.4 billion unrealized loss on its Bitcoin holdings after BTC fell below $73,000. The company holds 713,502 BTC with an.