Bitcoin Is ‘Digital Capital’ That Outpaces Traditional Assets—Michael Saylor
Strategy’s long-running bet on Bitcoin remains at the heart of the debate over the asset’s place in finance. Based on reports, the firm now holds more than 638,500 BTC, a stake that Saylor has said is worth “tens of billions” of dollars. That stockpile has shaped both the company’s identity and Michael Saylor’s public message…
Total Illiquid Bitcoin Has Reached 72% Of Supply, What Does This Mean For Price?
The total illiquid Bitcoin has reached a new high, providing a bullish outlook for the flagship crypto. This refers to the BTC supply that is unlikely to hit the open, given the long-term holding of the investors who own these coins. Bitcoin’s Illiquid Supply Hits New High Glassnode data shows that Bitcoin’s illiquid supply has…
Bitcoin Treasury Purchases Down Amid Record Holdings – What Does This Mean?
Bitcoin (BTC) experienced a moderate price rebound last week, rallying to around $113,000 before witnessing a minor setback. The crypto market leader now trades near the $111,000 price level and stands 10.46% away from its all-time high. Meanwhile, recent data from blockchain analytics firm CryptoQuant has highlighted an intriguing trend in the accumulating activity of…
Ethereum Bullishness: Ark Invest Boss Scoops $16-M More In BitMine Stock
BitMine Immersion Technologies saw its stock sink nearly 8% this week, yet that didn’t stop Cathie Wood’s ARK Invest from pouring another $15.6 million into the company. The latest move comes during a period of heightened volatility in both equities and crypto markets. ARK Expands Its Holdings According to ARK’s trading disclosures on August 27,…
Solana Boost – Medical Firm’s $400M Stock Sale Powers New SOL Treasury
The trend of companies establishing crypto treasuries is gaining momentum, with Sharps Technology—a small player in the medical device and pharmaceutical sector—being the last to announce a plan to raise $400 million through a stock sale aimed at funding Solana (SOL) treasury. New Solana Treasury In The Makings The capital raise, which is set to…
Is The Bitcoin Treasury Bubble Popping? Expert Answers
In a thread on August 19, analyst Miles Deutscher argued that MicroStrategy’s market-implied net asset value (mNAV) premium—the core gear in Michael Saylor’s Bitcoin acquisition flywheel—has compressed sharply, weakening the feedback loop that helped the company outpace Bitcoin through most of the cycle. “Michael Saylor built the craziest BTC flywheel in history. But his buying…
Bitcoin Is Still King Of Capital Inflows, According To Michael Saylor
Michael Saylor, founder of Strategy, suggested this week that a rumored move by the US to impose tariffs on gold imports could push money out of the metal and into Bitcoin. According to a Bloomberg interview, Saylor argued that Bitcoin cannot be taxed at the border because it “lives in cyberspace, where there are no…
Michael Saylor Drops $500 Million On Bitcoin—What’s His Next Move?
MicroStrategy has just added another 4,980 Bitcoin to its stash, spending about $531 million at an average of $106,801 per coin. That brings the company’s total haul to 597,325 BTC. At today’s market price, those holdings are worth over $64 billion, compared with the roughly $42.4 billion MicroStrategy (now Strategy) has put in, fees included. According to…
Bitcoin Price Deviates From Global M2 Money Supply, Is The Bull Run Over?
Crypto analyst Colin has highlighted the Bitcoin price’s deviation from the Global M2 money supply, raising concerns that the bull run may be over. The analyst quickly addressed concerns, noting how such deviations usually happen at some point but don’t invalidate the macro trend. Analyst Highlights Bitcoin Price’s Deviation From Global M2 Money Supply In…
Bitcoin Gold Rush 2.0? Treasuries Swell With 60 New Players
Companies around the globe made 60 Bitcoin announcements in five days, signaling a surge in corporate interest. Between June 9 and 13, companies added thousands of BTC to their balance sheets and revealed plans for billions more. This week’s activity shows that more businesses are treating Bitcoin like any other financial asset. Six New Bitcoin…