Key Takeaways Saylor identified the reported $5 billion authorization as old news. The June framework permits bitcoin sales but requires none. Earlier sales funded preferred dividends and rebuilt cash reserves. Saylor Pushes Back on Viral Bitcoin Sale Claim Strategy Executive Chairman Michael Saylor pushed back Aug. 1 on reports that Strategy Inc. (Nasdaq: MSTR) had…
Key Takeaways Strategy held STRC’s dividend rate at 12% for August 2026, its highest rate since the July 2025 launch. STRC closed at $89.46 on July 31, about 10-11% below its $100 par value. Experts have warned the ratchet mechanism creates “a structure with a finite number of cycles.” A Rate That Keeps Climbing but…
Key Takeaways Japan and the U.S. may unveil a joint yen policy next week, Kyodo News and CNBC reports. Japan sold up to $58.97 billion on July 30 in its largest one day yen move since 2022. Bessent’s notepad showed plans to buy $5-10 billion in yen, Reuters photographed. Japan Strikes First, Buying Nearly $59…
Key Takeaways U.S. spot bitcoin exchange-traded funds (ETFs) saw $265.4 million in net outflows on July 31, led by Blackrock’s IBIT. Spot ether ETFs bucked the trend with about $9 million in inflows on the same day. The reversal came a day after bitcoin ETFs pulled in $233.1 million on July 30. A Sharp One-Day…
Key Takeaways Bitcoin traded near $63,000 after a Coldcard hardware wallet hack drained 1,082 BTC on July 30. Blackrock’s IBIT led $265 million in Bitcoin ETF outflows on July 31. Miners will decide on BIP-110 near block 961,632 as an eCash fork looms on August 21. The world’s largest cryptocurrency traded between roughly $62,300 and…
Key Takeaways Bancastato added bitcoin (BTC), ethereum (ETH), litecoin (LTC) and solana (SOL) without a separate exchange. Sygnum powers 25+ banks, signaling regulated crypto adoption is spreading across Switzerland. About 20 Swiss banks served 2.5M+ accounts by mid-2026; more integrations could follow. Bancastato Brings Crypto Into Everyday Banking The integration, Sygnum explained, places bitcoin, ether,…
Key Takeaways Prosecutors seek 47,461.73111 USDT worth approximately $47,000. Five victims’ payments reached the same cryptocurrency wallet. The filing extends a series of Massachusetts crypto recoveries. Computer Warning Led Victim to a Crypto ATM The U.S. Attorney’s Office civil forfeiture action seeking 47,461.73111 USDT was announced on July 31. Prosecutors allege scammers obtained the cryptocurrency…
Key Takeaways WNBA posted and removed footage of a $400 Reese-Bueckers wager on their own game. Atlanta beat Dallas 82-81, leaving Bueckers owing $400 on a game she played in. Neither player faces discipline despite the new CBA’s wagering prohibition. A joke inside a rule that bans attempts The WNBA posted and quickly deleted a…
Key Takeaways HIVE’s AI GPU cluster earns about $2.90 per GPU-hour, dwarfing bitcoin mining’s roughly $0.12/hour take. The company’s fiscal 2026 revenue jumped 158% to $297.8 million as hashrate rose 290% to 22.2 EH/s. HIVE’s BUZZ HPC unit grew AI revenue 94% to $19.5 million, with a 320 MW Toronto AI hub coming next. The…
Key Takeaways Grayscale says 3,000+ onchain vaults hold $7B, positioning them as crypto’s next TradFi product. Ethereum, Base, and Solana vaults could pressure the $1.5T CLO market with cheaper, transparent rails. Grayscale says adoption hinges on US rules as 57 curators manage 79% in stablecoin strategies. Grayscale Tracks $7B in Vaults as Wall Street Eyes…
