Strategy’s (MSTR) dividend-paying preferred stock, STRC, closed at $91.79 on Tuesday, its third-lowest since trading began in July 2025, amid lower bitcoin prices and debt concerns. The only lower closes occurred during two sessions later that month, when STRC fell to as low as $88.60. The security was initially priced at approximately $90 in its
Saudi Arabia-based Al Arabiya television has published the terms of a 14-point memorandum of understanding reportedly prepared between Iran and the United States. The text reported by Al Arabiya contains more detailed provisions compared to the version shared by the Iran-based Mehr News Agency. According to the first article of the agreement, Iran, the United
VanEck’s Matthew Sigel has disputed claims that MARA Holdings purchased 1,000 Bitcoin, saying the transaction likely involved returned collateral from a $BTC-backed loan rather than a new market acquisition. According to a June 16 X post by VanEck Head of Digital Assets Research Matthew Sigel, the recent speculation surrounding Bitcoin mining firm MARA having purchased
Grayscale, the issuer of the spot Bitcoin ETF (GBTC), has deposited 1,863 Bitcoin—valued at roughly $124 million—into a Coinbase Prime wallet, according to blockchain tracking firm Onchain Lens. The transaction, observed on-chain, is part of the standard operational process for managing the firm’s ETF product, typically used to facilitate share redemption settlements tied to fund
Summary Bitcoin miners pivoting to AI infrastructure face a roughly $50 billion near-term funding gap and as much as $221 billion in long-term capital needs, according to a new VanEck report. VanEck says investors are shifting focus from splashy AI contract announcements to whether miners can actually finance, build and operate data centers, with only
The supply of Bitcoin held on major cryptocurrency exchanges has fallen to its lowest level since 2020, according to data from crypto research firm AlphaFractal. As of June 15, the Bitcoin Exchange Flux Balance — an on-chain metric that tracks the cumulative change in total $BTC held across major trading platforms — stood at approximately
Blockchain company Ripple has taken a significant step towards expanding the use of stablecoins in cross-border payments in Africa by participating in the Series E funding round of Africa-based payments company Flutterwave. Flutterwave announced today that the investment round has raised the company’s valuation to $3.2 billion. Financial details regarding the investment amount were not
The layer-1 blockchain Sui has announced that Remi Technology, a project built on its network, is launching new infrastructure designed specifically for regulated, bank-issued stablecoins. The announcement, made via Sui’s official blog on June 16, outlines a system that allows financial institutions to issue and manage stablecoins while maintaining compliance with key regulatory frameworks. Remi’s
Real estate investor Grant Cardone is positioning his Cardone Capital to challenge the traditional real estate investment trust (REIT) sector by integrating Bitcoin directly into large-scale multifamily deals. With roughly $5 billion in real estate assets under management across about 15,000 units, Cardone claims the hybrid approach can deliver superior returns while onboarding new investors