Bitmine (NYSE: BMNR) stock price is up by 4.28% today, July 6, to trade at $14.98 at the time of writing. These gains come after Bitmine announced that it bought an additional 42,197 ETH, with this purchase taking place during the same week that Strategy sold 3,588 BTC. Ad Ad Bitmine’s Ethereum Holdings Reach 5.74
The post BMNR Stock Jumps as BitMine Buys 42K ETH Amid Strategy’s Bitcoin Sale appeared first on CoinGape .
Bitcoin Magazine
Russian-Sberbank Plans Crypto Wallet and Digital Depository by December
Russia's biggest bank, Sberbank, plans to launch a Bitcoin and crypto wallet plus digital asset custody by December as the country rolls out its new crypto framework.
This post Russian-Sberbank Plans Crypto Wallet and Digital Depository by December first appeared on Bitcoin Magazine and is written by Micah Zimmerman .
The onetime pure bitcoin miner signed a 20-year deal to host the AI firm at a Kentucky campus, the latest crypto-adjacent company to trade mining for the steadier money in artificial-intelligence infrastructure.
Central banks bought 41 tonnes of gold in May despite falling prices. Bitcoin ETFs saw nearly $7B in outflows amid weakening institutional demand. Gold ...
Bitcoin Magazine
Strive (ASST) Adds 17.76 Bitcoin as Falling Prices Boost Its Quarterly Yield
Strive (ASST) added a symbolic 17.76 BTC, pushing its treasury to 19,882 bitcoin as a sharp quarterly accumulation spree delivered a 24% BTC yield.
This post Strive (ASST) Adds 17.76 Bitcoin as Falling Prices Boost Its Quarterly Yield first appeared on Bitcoin Magazine and is written by Micah Zimmerman .
XRP's exchange scarcity hits a 2024 high, a dormant wallet takes in 114 billion SHIB, and Strategy's CEO calls Bitcoin the US of money while selling BTC.
Michael Saylor’s Strategy has sold Bitcoin for the second time this year, after previously revealing it may do so to fund dividend payments. The MSTR stock is down in premarket trading amid the announcement of this sale, the largest the company has made to date. Ad Ad Strategy Sells 3,588 Bitcoin For $216 Million An
The post Breaking: Michael Saylor’s Strategy Sells 3,588 Bitcoin To Fund STRC Dividends appeared first on CoinGape .
Bitcoin Magazine
Strategy (MSTR) Sells 3,588 Bitcoin to Cover Preferred Dividends
Strategy (MSTR) sold a record 3,588 bitcoin for $216 million to fund preferred stock dividends.
This post Strategy (MSTR) Sells 3,588 Bitcoin to Cover Preferred Dividends first appeared on Bitcoin Magazine and is written by Micah Zimmerman .
BlackRock's 1% to 2% Bitcoin allocation range reads as a bullish nod to advisor adoption, but it also works as a boundary. Once Bitcoin is included in a model portfolio, its upside runs through rebalancing bands, tax location, and sometimes a loan that keeps the position intact. BlackRock Investment Institute frames 1% to 2% as […]
The post BlackRock’s 2% Bitcoin cap has a hidden impact – advisors may have to sell during rallies appeared first on CryptoSlate .
BTC holds at $62,800 after last week's brush with $58,000, while LIT surges 50% and the Altcoin Season indicator hits its highest reading in three months.