Saylor’s ‘Bitcoin Drive’ Post Revives Buy Expectations Strategy Inc. (Nasdaq: MSTR) Executive Chairman Michael Saylor reignited speculation that the company will announce another bitcoin purchase on Monday after posting “Bitcoin Drive engaged” on Aug. 2. The Sunday message accompanied Strategy’s familiar acquisition tracker, continuing Saylor’s pattern of signaling treasury developments shortly before weekly disclosures. Saylor’s
The world’s largest corporate Bitcoin holder has responded to a multibillion-dollar blow to its balance sheet in trademark fashion as Strategy chairman Michael Saylor posted the laconic message “Bitcoin Drive engaged,” which the market may interpret as a signal that the company’s forced defensive phase is ending and that it could soon return to major
After making a respectable gain in July, Bitcoin entered August, but historical data indicates that the market may be about to enter one of its most erratic times of the year. Although July has historically been a positive month for Bitcoin, August has performed inconsistently in prior market cycles, so the upcoming weeks will be
Bitcoin Improvement Proposal 110 can no longer reach its 55% voluntary miner threshold during the current difficulty period, according to blockchain signaling data and an Aug. 1 analysis from Strategy Executive Chairman Michael Saylor. Strategy’s official website identifies Saylor as the company’s executive chairman. At block 960,561, Saylor counted 24 signaling blocks among 946, equal
Trump Media & Technology Group, the company behind Truth Social, has made another major move involving its Bitcoin holdings, extending a series of recent sales. The company sold 2,628 Bitcoin ($BTC) worth about $165 million through transfers to Crypto.com, blockchain analytics platform Lookonchain said in a Sunday X post, citing data from Arkham. Lookonchain said
$XRP funds led altcoin inflows in July, extending a four-month streak that increasingly separates them from most rival products. The US-listed funds attracted $27.29 million during the month, nearly twice Solana’s $14.62 million intake, according to SoSoValue data. Chainlink followed with $4.54 million, while Hedera products added $3 million. Bitcoin and Ethereum remained the dominant
Craig Wright, the Australian computer scientist who has long claimed to be Bitcoin creator Satoshi Nakamoto, has renewed his criticism of Bitcoin’s governance model. He has argued that the network’s protocol should remain permanently fixed rather than being modified through developer-led upgrades. Fixed rules, not developer control According to Wright, Bitcoin’s protocol should not be
Leveraged funds’ combined net bearish position across CME’s standard and micro Bitcoin futures narrowed by 5,566.5 $BTC-equivalent between July 21 and July 28. The Commodity Futures Trading Commission’s futures-only report, released at 3:30 p.m. ET on Friday, July 31, captured positions as of Tuesday, July 28. It showed asset managers moving the other way: their
Bitcoin prices, which generally traded sideways throughout the past week, are poised to close the week 1.47% lower, driven by strengthening predictions that the Fed will raise interest rates, as well as developments such as a security vulnerability in the Coldcard hardware wallet that resulted in some users’ assets being stolen. On the other hand,
A new Bitcoin transfer has been made from addresses reportedly linked to US President Donald Trump’s media company, Trump Media & Technology Group, to the cryptocurrency exchange CryptoCom. According to on-chain analysis data, addresses associated with Trump Media transferred approximately 2,628 $BTC, worth about $165 million, to CryptoCom. The company was previously estimated to have