Strategy’s Bitcoin holdings have fallen roughly $12 billion below their purchase cost, placing the company’s capital-raising model under its sharpest pressure since it accelerated its Bitcoin treasury strategy. The company held 847,363 Bitcoin as of June 21, acquired for an aggregate $64.1 billion at an average price of $75,651. With the top crypto recently trading […]
The post Strategy’s Bitcoin bet sinks $12 billion underwater as STRC traders brace for more pain appeared first on CryptoSlate.

Strategy’s Bitcoin holdings have fallen roughly $12 billion below their purchase cost, placing the company’s capital-raising model under its sharpest pressure since it accelerated its Bitcoin treasury strategy. The company held 847,363 Bitcoin as of June 21, acquired for an aggregate $64.1 billion at an average price of $75,651. With the top crypto recently trading &#8230;

Strategy’s Bitcoin bet sinks $12 billion underwater as STRC traders brace for more pain

Japan&#8217;s World Cup qualification highlights the cultural and economic intersections of global sports, fostering crypto engagement and diaspora unity.
The post Japan fans in Singapore celebrate World Cup qualification, await Brazil clash appeared first on Crypto Briefing.

Japan&#8217;s World Cup qualification highlights the cultural and economic intersections of global sports, fostering crypto engagement and diaspora unity. The post Japan fans in Singapore celebrate World Cup qualification, await Brazil clash appeared first on Crypto Briefing.

Japan fans in Singapore celebrate World Cup qualification, await Brazil clash

X Money&#8217;s integration into social media could disrupt traditional banking, challenging fintech firms with its unique distribution advantage.
The post X Money rolls out to select US users, offers 6% APY on deposits appeared first on Crypto Briefing.

X Money&#8217;s integration into social media could disrupt traditional banking, challenging fintech firms with its unique distribution advantage. The post X Money rolls out to select US users, offers 6% APY on deposits appeared first on Crypto Briefing.

X Money rolls out to select US users, offers 6% APY on deposits

Despite impressive earnings, Micron&#8217;s stock volatility highlights the vulnerability of tech shares to broader market trends and investor sentiment.
The post Micron Technology shares fall 5% as Wall Street futures decline despite record earnings appeared first on Crypto Briefing.

Despite impressive earnings, Micron&#8217;s stock volatility highlights the vulnerability of tech shares to broader market trends and investor sentiment. The post Micron Technology shares fall 5% as Wall Street futures decline despite record earnings appeared first on Crypto Briefing.

Micron Technology shares fall 5% as Wall Street futures decline despite record earnings

The ECB&#8217;s regulatory shift may reduce banks&#8217; operational costs but raises concerns about potential inconsistencies in governance practices.
The post European Central Bank cuts nearly one-third of bank reporting requirements in major regulatory shift appeared first on Crypto Briefing.

The ECB&#8217;s regulatory shift may reduce banks&#8217; operational costs but raises concerns about potential inconsistencies in governance practices. The post European Central Bank cuts nearly one-third of bank reporting requirements in major regulatory shift appeared first on Crypto Briefing.

European Central Bank cuts nearly one-third of bank reporting requirements in major regulatory shift

David Schwartz said Ryan Fugger designed a payment network before Bitcoin, but XRP and XRPL came later through new code in 2012.

David Schwartz said Ryan Fugger designed a payment network before Bitcoin, but XRP and XRPL came later through new code in 2012.

Strategy’s Bitcoin bet sinks $12 billion underwater as STRC traders brace for more pain

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