A Capital Group-managed fund has deepened its position in Strive, a company that holds Bitcoin as a treasury asset, with a fresh purchase of shares worth approximately $5.5 million. The transaction, disclosed via a post on X from bitcointreasuries.net, highlights continued institutional interest in companies that adopt Bitcoin as a primary reserve asset. Details of
Strategy says its current capital structure could withstand a prolonged Bitcoin decline while continuing to fund interest payments and preferred stock dividends. In a July 24 post on X, the company said Bitcoin could fall 11.4% each year for 5.8 consecutive years without pushing its company-defined $BTC Rating below 1.0x. At today’s capital structure, $BTC
RootData’s recently released ‘2026 Crypto Industry Dead Projects List’ indicates that the cryptocurrency sector has already lost 99 projects in 2026. The database keeps track of initiatives that have formally shut down, filed for bankruptcy, or had their websites unavailable for a long time, serving as yet another reminder that one of the most difficult
Dormant Bitcoin movement in the second quarter fell to its lowest level since the third quarter of 2022, according to data shared by Alex Thorn, Galaxy’s head of firmwide research. Coin days destroyed, a metric that gives greater weight to older coins, showed a similar decline. Thorn said the earlier spikes were driven by “OGs
South Korea’s KB Kookmin Bank will launch a blockchain-based cross-border payment service for import and export businesses in August using JPMorgan’s Kinexys network, according to multiple local media reports. Kinexys, formerly known as Onyx, is JPMorgan’s blockchain platform for institutional payments, tokenization and digital assets. The service will initially support US dollar transfers across 10
As the Bitcoin price trades nearly 49% below its all-time high, Strategy, the biggest corporate holder of Bitcoin led by Michael Saylor, has shared a stress test of its Bitcoin-focused capital structure, indicating the Bitcoin crash scenario where it will stay unaffected. In a recent X post, Strategy stated that at its current capital structure,
Wormhole has announced that $SUI is now natively integrated on the Solana network. This integration enhances interoperability between ecosystems, allowing for smoother transactions and interactions. The move is significant as it could attract more developers to work on the $SUI platform, ultimately broadening its user base and application scope. For more details, visit the tweet.
$AAVE has officially launched on the Solana network, marking a significant milestone in decentralized finance. This integration, revealed by CryptoTwitter commentator Wormhole, enhances the cross-chain capabilities of $AAVE, allowing for broader liquidity and user engagement. As the DeFi landscape evolves, this move is likely to attract more users to both $AAVE and Solana, fostering a
Amazon, Microsoft, Alphabet, and Meta have projected a staggering $725 billion in combined capital expenditure for 2026, an increase of 77% from 2025. This significant investment raises crucial questions about market sustainability and how these companies plan to recoup their expenses. Notably, Filecoin’s analysis highlights that none of this financial risk appears in their storage