JUST IN: πΊπΈ Strive, a U.S. publicly traded company, has purchased 2,500 Bitcoin for $185.2 million β a bold step underscoring rising institutional trust in Bitcoin and its expanding role in traditional financial markets.
Source: Bitcoin Magazine on X
Crypto Edge
Source: Bitcoin Magazine on X
Crypto Edge
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Strive secures 2,500 $BTC for $185.2M at an average price of $74,092, increasing its total holdings to 19,000 $BTC β all while preserving an 18-month dividend cash reserve.
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Crypto Edge
Strive secures 2,500 $BTC for $185.2M at an average price of $74,092, increasing its total holdings to 19,000 $BTC β all while preserving an 18-month dividend cash reserve.
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Crypto Edge
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π Strive has added 2,500 Bitcoin to its reserves at a cost of approximately $185.2 million, bringing its total holdings to 19,000 BTC. The company's Bitcoin portfolio has now delivered a 36.7% year-to-date yield.
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JUST IN: π River, the Bitcoin-only U.S. exchange, founder Alex Leishman stated, "Had Apple allocated just 2% of its corporate treasury to Bitcoin, it would have beaten inflation over the past six years."
"Cash is a melting ice cube."
Source: https://x.com/BTCtreasuries/status/2061768435718377893
Crypto Edge
"Cash is a melting ice cube."
Source: https://x.com/BTCtreasuries/status/2061768435718377893
Crypto Edge
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Bitcoin dropped $5,800βmore than 8%βin just 48 hours after news emerged that Strategy sold only 32 BTC.
Traders are baffled. The amount is tiny compared to Strategyβs massive holdings, yet the market reacted as if the entire reserve was being liquidated.
This shows how fragile investor sentiment remains when corporate wallets are involved. Often, itβs not the size of the transaction that shifts pricesβitβs the narrative it creates. Right now, perception is stronger than reality.
Ironically, recent purchases of thousands of BTC barely registered. Yet the mere hint that 32 coins changed hands triggered a steep decline.
At this moment, the market isnβt reacting to fundamentalsβitβs reacting to headlines.
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Crypto Edge
Bitcoin dropped $5,800βmore than 8%βin just 48 hours after news emerged that Strategy sold only 32 BTC.
Traders are baffled. The amount is tiny compared to Strategyβs massive holdings, yet the market reacted as if the entire reserve was being liquidated.
This shows how fragile investor sentiment remains when corporate wallets are involved. Often, itβs not the size of the transaction that shifts pricesβitβs the narrative it creates. Right now, perception is stronger than reality.
Ironically, recent purchases of thousands of BTC barely registered. Yet the mere hint that 32 coins changed hands triggered a steep decline.
At this moment, the market isnβt reacting to fundamentalsβitβs reacting to headlines.
π₯
Crypto Edge
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JUST IN: π«π· French publicly listed company Capital B
Source: https://x.com/BTCtreasuries/status/2061732655088156973
Crypto Edge
$ALCPB is seeking shareholder approval to raise up to $5.82 billion through new share issuanceβand possibly an additional $116.4 billion via debtβto fund further Bitcoin acquisitions.Source: https://x.com/BTCtreasuries/status/2061732655088156973
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π«π· A publicly traded French company, Capital B $ALCP, is asking shareholders to approve a move to raise up to $5.82 billion through new share issuances.
The firm also intends to obtain credit facilities of up to $116.4 billion to fund future Bitcoin purchases.
#BTC
Crypto Edge
π«π· A publicly traded French company, Capital B $ALCP, is asking shareholders to approve a move to raise up to $5.82 billion through new share issuances.
The firm also intends to obtain credit facilities of up to $116.4 billion to fund future Bitcoin purchases.
#BTC
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NEW: πΊπΈ The Clarity Act has officially cleared the Senate Banking Committee and is now listed on the Senate Legislative Calendar.
On May 14, the committee voted to move the bill forward.
As of June 1, that procedural step is complete, making the legislation eligible for scheduling on the full Senateβs agenda. The next key milestone is a floor vote.
Current status:
β Introduced
β Committee hearings
β Committee markup
β Passed Senate Banking Committee (15-9)
β Placed on Senate Calendar
β¬οΈ Full Senate debate/amendments
β¬οΈ Senate floor vote
β¬οΈ House-Senate reconciliation (if needed)
β¬οΈ Presidential signature
Source: https://x.com/BitcoinNewsCom/status/2061821816805437685
Crypto Edge
On May 14, the committee voted to move the bill forward.
As of June 1, that procedural step is complete, making the legislation eligible for scheduling on the full Senateβs agenda. The next key milestone is a floor vote.
Current status:
β Introduced
β Committee hearings
β Committee markup
β Passed Senate Banking Committee (15-9)
β Placed on Senate Calendar
β¬οΈ Full Senate debate/amendments
β¬οΈ Senate floor vote
β¬οΈ House-Senate reconciliation (if needed)
β¬οΈ Presidential signature
Source: https://x.com/BitcoinNewsCom/status/2061821816805437685
Crypto Edge
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πΊπΈ The Clarity Act has officially cleared the Senate Banking Committee and is now on the Senate Legislative Calendar.
On May 14, the committee voted to move the bill forward.
As of June 1, that step is completeβmaking the legislation eligible for scheduling by the full Senate. The next big milestone? A floor vote.
Hereβs where we stand now:
Introduced
Committee hearings
Committee markup
Passed Senate Banking Committee (15β9)
Placed on Senate Calendar
Full Senate debate/amendments
Senate floor vote
House-Senate reconciliation (if needed)
Presidential signature
π₯
Crypto Edge
πΊπΈ The Clarity Act has officially cleared the Senate Banking Committee and is now on the Senate Legislative Calendar.
On May 14, the committee voted to move the bill forward.
As of June 1, that step is completeβmaking the legislation eligible for scheduling by the full Senate. The next big milestone? A floor vote.
Hereβs where we stand now:
Introduced
Committee hearings
Committee markup
Passed Senate Banking Committee (15β9)
Placed on Senate Calendar
Full Senate debate/amendments
Senate floor vote
House-Senate reconciliation (if needed)
Presidential signature
π₯
Crypto Edge
π3π2π€1
NEW: π A Swedish media organization has kicked off a campaign advocating for Satoshi Nakamoto to be nominated for the Nobel Memorial Prize in Economic Sciences, recognizing the revolutionary invention of Bitcoin.
Source: https://x.com/DocumentingBTC/status/2061508113686012346
Crypto Edge
Source: https://x.com/DocumentingBTC/status/2061508113686012346
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Sharp insight from @APompliano β Bitcoin is significantly trailing the broader market. Itβs dropped sharply from its highs (~40%) while stocks continue to rise. But this is exactly when it deserves your focus. At the moment, Bitcoin is flying under the radar β steadily regaining strength.
Crypto Edge
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NEW: π Capital B is urging shareholders to approve a potential β¬105B ($122B) in combined equity and debt issuance to speed up its Bitcoin acquisition strategy.
Source: https://x.com/BitcoinNewsCom/status/2061915761212551492
Crypto Edge
Source: https://x.com/BitcoinNewsCom/status/2061915761212551492
Crypto Edge
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NEW: π HIVEβs Bitcoin reserves declined by 331 BTC in Q1, falling to 150 BTC.
Source: https://x.com/BitcoinNewsCom/status/2061832208718160244
Crypto Edge
Source: https://x.com/BitcoinNewsCom/status/2061832208718160244
Crypto Edge
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Satoshi Nakamoto deserves consideration for the Nobel Prize in Economic Sciences due to the creation of Bitcoin, claims a new campaign featured in a Swedish magazine.
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Crypto Edge
Satoshi Nakamoto deserves consideration for the Nobel Prize in Economic Sciences due to the creation of Bitcoin, claims a new campaign featured in a Swedish magazine.
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Bitwise CIO Matt Hougan says crypto is turning into a contrarian play as AI stocks take center stage.
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Crypto Edge
Bitwise CIO Matt Hougan says crypto is turning into a contrarian play as AI stocks take center stage.
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Bitcoin briefly dipped below $66,000 overnight as selling pressure ramped up across the crypto market.
Itβs since clawed back to around $67,000, but price action now hinges on a crucial support zone. A clear break below this range could spark a deeper pullbackβ$60,000 may not hold as a guaranteed floor.
The swift drop triggered a wave of liquidations. In the past 24 hours, over $1.8 billion was wiped out across leveraged positions, with nearly $1.58 billion coming from longs alone.
Traders are now watching closely: will Bitcoin defend this levelβor are we heading lower?
π₯
Crypto Edge
Bitcoin briefly dipped below $66,000 overnight as selling pressure ramped up across the crypto market.
Itβs since clawed back to around $67,000, but price action now hinges on a crucial support zone. A clear break below this range could spark a deeper pullbackβ$60,000 may not hold as a guaranteed floor.
The swift drop triggered a wave of liquidations. In the past 24 hours, over $1.8 billion was wiped out across leveraged positions, with nearly $1.58 billion coming from longs alone.
Traders are now watching closely: will Bitcoin defend this levelβor are we heading lower?
π₯
Crypto Edge
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Bitcoin bulls on X are highlighting an intriguing historical pattern.
Many traders were surprised by the recent report that Strategy offloaded 32 BTC. But this isn't the first time Michael Saylor and his company have sold Bitcoin.
In late 2022, the firm sold a modest amount of BTC as part of a tax strategy. Notably, that move came close to the bear marketβs lowest pointβjust before Bitcoin began its upward climb.
Now, following another small sale and a sharp market pullback, some investors are asking: could history be repeating?
One event alone doesnβt define a trend. But itβs a reminder that what seems bearish at first glance might actually signal a turning point, not the start of a deeper drop.
Will the 2022 playbook unfold again? The marketβs next move might hold the answer.
π₯
Crypto Edge
Many traders were surprised by the recent report that Strategy offloaded 32 BTC. But this isn't the first time Michael Saylor and his company have sold Bitcoin.
In late 2022, the firm sold a modest amount of BTC as part of a tax strategy. Notably, that move came close to the bear marketβs lowest pointβjust before Bitcoin began its upward climb.
Now, following another small sale and a sharp market pullback, some investors are asking: could history be repeating?
One event alone doesnβt define a trend. But itβs a reminder that what seems bearish at first glance might actually signal a turning point, not the start of a deeper drop.
Will the 2022 playbook unfold again? The marketβs next move might hold the answer.
π₯
Crypto Edge
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βBitcoin holds greater value than the most luxurious, sought-after property in your favorite spot on Earth β itβs like owning Manhattan in the digital realm, a millennium from now.β β Michael Saylor
Credit: @KevinWSHPod
Crypto Edge
Credit: @KevinWSHPod
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NEW: π Rising Japanese government bond yields, combined with an IMF warning over weakening demand for sovereign debt, may tighten global financial conditions β a shift that could benefit Bitcoin, according to Bitwise.
Source: https://x.com/BitcoinNewsCom/status/2061922806082715685
Crypto Edge
Source: https://x.com/BitcoinNewsCom/status/2061922806082715685
Crypto Edge
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