Strategy Buys $180 Million Worth Of Bitcoin

According to a Monday SEC filing, Strategy purchased the bitcoin at an average price of $95,167 per coin between April 28 and May 4. The acquisition brings the company’s total holdings to 555,450 BTC, acquired for approximately $38.08 billion at an average price of $68,550 per bitcoin. The latest purchase was funded through a combination … Read more

SEC Schedules Tokenization Roundtable With Finance Leaders

Key Points: SEC meeting on tokenization highlights institutional crypto interest. Wall Street giants join SEC roundtable discussion. Potential shifts in crypto market following SEC event. The U.S. Securities and Exchange Commission (SEC) will hold a roundtable meeting on May 12 at its headquarters to discuss the future of tokenization, featuring key industry leaders. This event … Read more

Bitcoin Price Watch: Short-Term Downtrend Emerges as Bulls Lose Grip

Bitcoin traded between $94,089 and $94,305 over the last hour, while its market capitalization stood at $1.86 trillion. Daily trade volume reached $19.74 billion, with the 24-hour price range spanning $93,806 to $95,741. Bitcoin On the 1-hour chart, bitcoin continues to reflect a short-term bearish structure, following a consistent series of lower highs and lower … Read more

Here’s Why $92,000 Could Be the Next Level to Watch

Bitcoin Cryptocurrency analyst Altcoin Sherpa has shared a technical analysis of Bitcoin ($BTC), suggesting a potential short-term price target of $92,000. In a recent tweet, the analyst stated that this level “makes a lot of sense to be honest” and indicated that reaching this area in the near future would not be surprising. Altcoin Sherpa … Read more

Strategy Inches Closer to Blackrock’s BTC Stash With Latest $180M Acquisition

On Monday, Strategy executive chairman Michael Saylor revealed his firm had added another tranche of bitcoin ( BTC) to its treasury holdings. With this latest acquisition, the company’s total cache now stands at 555,450 BTC—currently valued at $52.4 billion based on prevailing market rates. Strategy Adds More Bitcoin Strategy, which once operated under the name … Read more