🕵️ Strategy CEO: Bitcoin Will Only Be Sold Under Two Conditions
On May 9, 2025, Strategy CEO Phong Le discussed the company's shift from a "never sell" approach to actively managing its Bitcoin holdings during an interview with CNBC.
Le emphasized a "math over ideology" strategy, stating that the company will sell Bitcoin only to pay dividends for STRC when it benefits "Bitcoin per share" more than issuing new equity, and for tax optimization, such as capturing or deferring tax gains and losses.
On May 9, 2025, Strategy CEO Phong Le discussed the company's shift from a "never sell" approach to actively managing its Bitcoin holdings during an interview with CNBC.
Le emphasized a "math over ideology" strategy, stating that the company will sell Bitcoin only to pay dividends for STRC when it benefits "Bitcoin per share" more than issuing new equity, and for tax optimization, such as capturing or deferring tax gains and losses.
📊 Morgan Stanley’s Bitcoin Trust (MSBT) recorded $193.6 million in cumulative net inflows and $239.6 million in net assets from its April 8 launch to May 7. The trust experienced 17 days of inflows, five flat days, and no daily net outflows. Amy Oldenburg, Morgan Stanley’s head of digital asset strategy, noted that MSBT posted $30.6 million in first-day inflows and about $34 million in trading volume, marking the bank’s strongest ETF debut. #etf
🗣 Bybit CEO Ben: Why We Didn't Renew the F1 Sponsorship
In an April 23 interview with When Shift Happens, Bybit CEO Ben Zhou explained that the company did not renew its Red Bull F1 sponsorship due to the declining commercial value and rising activation costs. He mentioned that maintaining the execution team could exceed the sponsorship fee, making renewal unlikely to break even. Zhou also highlighted issues with recurring guest invitations, which created "relationship management" challenges. Bybit is now seeking branding opportunities that offer better value.
In an April 23 interview with When Shift Happens, Bybit CEO Ben Zhou explained that the company did not renew its Red Bull F1 sponsorship due to the declining commercial value and rising activation costs. He mentioned that maintaining the execution team could exceed the sponsorship fee, making renewal unlikely to break even. Zhou also highlighted issues with recurring guest invitations, which created "relationship management" challenges. Bybit is now seeking branding opportunities that offer better value.
🇺🇸📈 Oil prices rose by more than 3.5% after the US and Iran rejected peace proposals. #macro
📊 According to CoinGecko data, tokenized gold products recorded $90.7 billion in spot trading volume in the first quarter of 2026, surpassing the total spot trading volume of $84.6 billion for the full year of 2025. The tokenized gold market is primarily led by PAXG and XAUT.
📊 According to the Sealaunch dashboard, Uniswap v4 Hooked Pool trading volume exceeded $2 billion over the past week, reaching a new all-time high. Among them, Sato Hook recorded $66 million, Angstrom recorded $63 million, and Uniswap recorded $41 million.
💰 #BTC Bitcoin Is Once Again Being Sold at Sustained Profits
“Bitcoin is absorbing profit-taking without immediate deterioration in price structure. Coins are being realized at a profit, but the market has shown sufficient absorption capacity so far.”
“Bitcoin is absorbing profit-taking without immediate deterioration in price structure. Coins are being realized at a profit, but the market has shown sufficient absorption capacity so far.”
📊💰 CoinShares reported that digital asset investment products saw $857.9 million in inflows last week, raising total assets under management (AuM) to $160 billion.
$BTC led with $706.1 million in inflows, while $ETH, $SOL, and $XRP recorded inflows of $77.1 million, $47.6 million, and $39.6 million respectively.
Short-Bitcoin products experienced $14.4 million in outflows, the largest this year.
$BTC led with $706.1 million in inflows, while $ETH, $SOL, and $XRP recorded inflows of $77.1 million, $47.6 million, and $39.6 million respectively.
Short-Bitcoin products experienced $14.4 million in outflows, the largest this year.