Strategy stacks another 13,390 bitcoin for $1.3 billion, bringing total holdings to 568,840 BTC
The company’s holdings now total around 2.7% of the total 21 million bitcoin supply — worth over $59 billion. Source link
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The Daily: Arthur Hayes calls to ‘buy everything’ as US-China tensions ease, Trump-linked bitcoin miner eyes Nasdaq debut, and more
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons. Source link
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David Bailey’s Nakamoto to merge with KindlyMD, raise $710 million to start bitcoin treasury strategy
Nakamoto Holdings and KindlyMD have entered into a merger agreement to start a bitcoin treasury strategy, with David Bailey as CEO. Source link
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Bitcoin dominates global crypto funds’ $882 million weekly inflows as Sui outperforms major altcoin products
Crypto investment products added $882 million worth of net inflows for the fourth week in a row, according to asset manager CoinShares. Source link
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The Daily: Ethereum jumps over 20% following Pectra upgrade, Wellgistics unveils $50 million XRP integration and treasury reserve plan, and more
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons. Source link
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Zerebro’s Jeffy Yu allegedly found alive at parents’ house after apparent staged death sparked $100 million memecoin surge: report
Zerebro co-founder Jeffy Yu was reportedly found alive at his parents’ house following an apparently staged suicide livestreamed on Pump.fun. Source link
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US Treasury Secretary Bessent lambasts Senate for blocking stablecoin bill, calls it ‘missed opportunity’ for American leadership
U.S. senators voted Thursday to halt progress on a stablecoin regulation bill amid tensions over President Donald Trump’s crypto involvement. Source link
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‘A tremendous disservice’: SEC Commissioner Crenshaw blasts agency’s settlement with Ripple in public dissent
The SEC filed the agreement with Ripple, CEO Brad Garlinghouse, and Executive Chairman Chris Larsen with the district court on Thursday. Source link
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The Daily: Bitcoin retakes $100K, Coinbase drops $2.9B on Deribit, Trump fumes over XRP crypto reserve post, and more
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons. Source link
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Coinbase agrees to acquire crypto derivatives exchange Deribit in record $2.9 billion deal
The deal consists of $700 million in cash and 11 million shares of Coinbase Class A common stock, the crypto exchange giant confimed. Source link