MicroStrategy earnings for the second quarter carried an $8.22 billion net loss and a new metric, BTC Hurdle ARR, that Strategy’s own Bitcoin yield is currently running below. The company set that hurdle at 10.8% and reported a 4.5% bitcoin yield for the year. Chief Financial Officer Andrew Kang called the figure its effective cost
The post MicroStrategy Earnings Flip From $10 Billion Profit to $8.2 Billion Loss in 1 Year appeared first on BeInCrypto .
The world's largest corporate bitcoin holder says it has built a cash reserve covering more than two years of dividend payments after investors questioned its growing stack of preferred securities.
The world's largest corporate bitcoin holder says it has built a cash reserve covering more than two years of dividend payments after investors questioned its growing stack of preferred securities.
Bitcoin Magazine
Legendary Investor Ray Dalio Still Holds Bitcoin — But Only 1% of His Portfolio
Ray Dalio still prefers the precious metal over "digital gold."
This post Legendary Investor Ray Dalio Still Holds Bitcoin — But Only 1% of His Portfolio first appeared on Bitcoin Magazine and is written by Mathew Di Salvo .
Scott Bessent urged the Senate to immediately vote on the crypto market structure bill, accusing Democrats of delaying the legislation for political reasons.
The team behind Cake Wallet has launched Radar Chat, a new messaging app forked from Signal, enabling users to instantly send and receive bitcoin via encrypted messages.
Situational Awareness lost its $45 billion stock book, Citadel bought the bulk, and bitcoin miners were inside it.
The post Up 439%, Then Margin-Called: Did Leopold Aschenbrenner’s Situational Awareness Actually Blow Up? appeared first on BeInCrypto .
Bitcoin Magazine
Treasury Secretary Scott Bessent Urges Lawmakers to Vote on Clarity Act, Quotes Satoshi Nakamoto
The Treasury Secretary slammed Democrats for holding back the landmark legislation.
This post Treasury Secretary Scott Bessent Urges Lawmakers to Vote on Clarity Act, Quotes Satoshi Nakamoto first appeared on Bitcoin Magazine and is written by Mathew Di Salvo .
On-chain data challenges the $35,000 Bitcoin bottom call. Three metrics suggest the bear market may end near $44,000.
The post Bitcoin’s Final Bear Leg: History Says $35,000, On-Chain Data Disagrees appeared first on BeInCrypto .
Shareholders approved liquidation and delisting, but the record time fixes participation, not payment or court approval.
The post A 90% shareholder rebellion just forced this public company to dump its entire Bitcoin treasury at a crushing £39,984 per-coin loss appeared first on CryptoSlate .
The Zcash network is set to receive a major boost in mining capacity after institutional miner Fortitude agreed to purchase 9,000 Bitmain Antminer Z15 Pro machines.
Bitcoin Magazine
Professional Law Enforcement Group Backs Crypto’s CLARITY Act, Adding Pressure Before August Recess
The Major Cities Chiefs Association is the latest to throw their support behind the crypto bill.
This post Professional Law Enforcement Group Backs Crypto’s CLARITY Act, Adding Pressure Before August Recess first appeared on Bitcoin Magazine and is written by Mathew Di Salvo .
No single mining pool has found more bitcoin blocks than the miners who never identified themselves at all. Onchain statistics tracked by Cloverpool, the mining pool and platform formerly known as btc.com, show an entity labeled “unknown” sitting atop the all-time block count with 230,770 blocks mined, equal to 24.03% of every block the network […]
The Bitcoin miner is using part of its treasury and a BTC-backed credit facility to fund an AI campus tied to a potential multi-billion-dollar infrastructure contract.
Bitcoin Magazine
NYSE-Listed AI Company Taps Lightning Network to Pay Employees In Bitcoin
Some of the company's laser-eyed employees wanted their salaries in Bitcoin. It was easier than expected.
This post NYSE-Listed AI Company Taps Lightning Network to Pay Employees In Bitcoin first appeared on Bitcoin Magazine and is written by Mathew Di Salvo .
Big Tech is burning cash on AI. Jordi Visser says the easy money is gone and Bitcoin is next.
The post Veteran Macro Investor Says AI’s Easy Money Is Over and Bitcoin Is Next appeared first on BeInCrypto .
The tracker refreshed a roughly $1.9 billion valuation even though filings still describe the stack as closing-dependent.
The post How a $1.9 billion ‘Bitcoin reserve’ ended up in the top corporate rankings without buying a single coin appeared first on CryptoSlate .
