WorldPingPhong Le said Strategy’s cost of capital—not Bitcoin’s price—drove its decision to sell nearly 7,000 BTC before resuming purchases above $80,000.
This is a short WorldPing brief. The full report was published by Decrypt.
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WorldPingFilings show at least $763.7 million raised, leaving at most $236.3 million before discounted share sales face a Nasdaq cap.
Brief by WorldPing · Original reporting by CryptoSlate
WorldPingBitcoin Magazine Bitcoin Bear Market May Not Yet Be Over, Says Fidelity Fidelity argues that bitcoin may have seen its bottom in July. But there's still evidence it could drop again to a new low later this year.
Brief by WorldPing · Original reporting by Bitcoin Magazine
WorldPingBitcoin Magazine Bitcoin-Gold Correlation Hits Six-Year High as Debasement Fears Mount Bitcoin is trading with gold — something it does when investors lose confidence in the dollar.
Brief by WorldPing · Original reporting by Bitcoin Magazine
WorldPingThe projected revenue requires two contract extensions, while an option for more computing capacity could bring the total above $3 billion.
Brief by WorldPing · Original reporting by Decrypt
WorldPingThe ¥878.8 million exit left its crypto portfolio Bitcoin-only, yet management may deploy the cash beyond crypto.
Brief by WorldPing · Original reporting by CryptoSlate
WorldPingHargreaves Lansdown has begun offering bitcoin and ether exchange-traded notes to eligible U.K. customers, nearly a year after regulators reopened retail access.
Brief by WorldPing · Original reporting by Bitcoin.com
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