Strategy (formerly MicroStrategy) raised $335.5 million by selling common stock last week, then placed almost 90% of the proceeds into cash rather than Bitcoin as the company moved to shore up the preferred securities financing its cryptocurrency purchases. The company sold about 2.71 million MSTR shares between June 15 and June 21 and added $300 […]
The post Strategy used $300 million of MSTR dilution to backstop its Bitcoin’s biggest buying machine appeared first on CryptoSlate.

Strategy (formerly MicroStrategy) raised $335.5 million by selling common stock last week, then placed almost 90% of the proceeds into cash rather than Bitcoin as the company moved to shore up the preferred securities financing its cryptocurrency purchases. The company sold about 2.71 million MSTR shares between June 15 and June 21 and added $300 &#8230;

Strategy used $300 million of MSTR dilution to backstop its Bitcoin’s biggest buying machine

Bitcoin’s funding rate and orderbook setup signal investor optimism, but ETF outflows and macro red flags could limit BTC’s short-term upside.

Bitcoin’s funding rate and orderbook setup signal investor optimism, but ETF outflows and macro red flags could limit BTC’s short-term upside.

Bitcoin funding rate hits 2-week high: Is $70K next?

Ethereum has added a new independent research organization backed by Joe Lubin, Bitmine, and Sharplink, bringing together five former Ethereum Foundation researchers. According to an announcement from Ethlabs, the newly launched nonprofit research group has secured support from Bitmine, Sharplink,…

Ethereum has added a new independent research organization backed by Joe Lubin, Bitmine, and Sharplink, bringing together five former Ethereum Foundation researchers. According to an announcement from Ethlabs, the newly launched nonprofit research group has secured support from Bitmine, Sharplink,…

Ethereum recruits top researchers as Joe Lubin backs Ethlabs

The introduction of options trading on the Hyperliquid ETF enhances market flexibility, offering new strategies for both short-term and long-term investors.
The post 21Shares adds monthly and weekly options to Hyperliquid ETF appeared first on Crypto Briefing.

The introduction of options trading on the Hyperliquid ETF enhances market flexibility, offering new strategies for both short-term and long-term investors. The post 21Shares adds monthly and weekly options to Hyperliquid ETF appeared first on Crypto Briefing.

21Shares adds monthly and weekly options to Hyperliquid ETF

A Finnish court fined streamer “Pottukoira” about $2,700 for promoting offshore casinos to local viewers, and ruled that prosecutors did not need to show he was ever paid – a rare criminal conviction as regulators worldwide tighten on influencer gambling ads. A rare criminal hit on a gambling influencer A district court in North Savo, […]

A Finnish court fined streamer “Pottukoira” about $2,700 for promoting offshore casinos to local viewers, and ruled that prosecutors did not need to show he was ever paid – a rare criminal conviction as regulators worldwide tighten on influencer gambling ads. A rare criminal hit on a gambling influencer A district court in North Savo, &#8230;

Finland Convicts a Streamer of a Gambling Crime for Casino Promos

South Korea’s Toss Bank has signed a memorandum of understanding with the Solana Foundation to test blockchain-based remittance and settlement infrastructure. A First for a Korean Internet Bank Toss Bank, South Korea’s third-largest internet-only bank, said it signed the agreement in Seoul on June 19 and called it the “first direct strategic cooperation agreement between […]

South Korea’s Toss Bank has signed a memorandum of understanding with the Solana Foundation to test blockchain-based remittance and settlement infrastructure. A First for a Korean Internet Bank Toss Bank, South Korea’s third-largest internet-only bank, said it signed the agreement in Seoul on June 19 and called it the “first direct strategic cooperation agreement between &#8230;

Strategy used $300 million of MSTR dilution to backstop its Bitcoin’s biggest buying machine

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