Strategy CEO Phong Le has explained the company’s recent pause in Bitcoin purchases. Le stated that the current policy stems not from the $BTC price, but from the company’s goal of increasing its dollar reserves. According to notifications to regulatory bodies, Strategy recently sold over 1,600 Bitcoins for a total of over $108 million. The
Tech-oriented lender Erebor Bank is in advanced talks to raise about $1.5 billion in a deal that would value the year-old firm at about $9.5 billion, the Financial Times reported. Lux Capital, Human Capital, Valor Equity Partners, Andreessen Horowitz and SV Angel are expected to make large commitments in the fundraising round. Existing investors including
Michael Saylor’s Strategy has sold 6,948 $BTC in 2026, raising $431.8 million as part of its $BTC monetization program. Saylor first announced in May that Strategy would soon start selling its $BTC. Then in late June, the company revealed it would sell its accrued $BTC as part of a monetization program to raise $1.25 billion
Bitcoin is steeply lagging behind equities, and until it begins to regain strength, the current market will remain dominated by stocks, according to Glassnode. Over the past 90 days, Bitcoin has dropped by 20%, four times as much as the S&P 500, which rose by 5% in the same period. Looking further back, the crypto
India is strengthening its efforts to bring its native currency, the rupee, to the global financial market. As BRICS countries explore ways to connect their modern payment systems and CBDCs, India is looking to increase the use of the rupee in cross-border transactions. Notably, India is expected to host the 2026 BRICS summit. The country
Santiment data shows that the total number of Bitcoin wallets registered with a minimum balance of 10,000 $BTC has reached 90, the highest level in 6 months, even as the smallest wallets have continued selling. Bitcoin ($BTC) is trading at around $64,322 at the press time. The divergence might provide a hint about the next
It’s 3:30 a.m. on a cool April morning, and hundreds of people are already lined up outside a Costco in British Columbia, some sitting in folding chairs, hours before the store opens. The buyers aren’t here for a bulk deal on toilet paper or groceries. They’re waiting to be the first to get their hands