7*24

Hot topic

Market

Activities

HTXCommunity4thAnniversaryOnly a Few Days Left: Get in NowHTX Refer And Earn Why two public companies quietly liquidated 511 Bitcoin in 24 hours to escape $31.7 million in debt KULR Technology Group, 

Why two public companies quietly liquidated 511 Bitcoin in 24 hours to escape $31.7 million in debt

KULR Technology Group, a US-listed battery technology company, and The Smarter Web Company, a UK-listed web services group with a Bitcoin treasury strategy, have sold approximately 511 BTC and used the proceeds to retire approximately $31.7 million of obligations in disclosures published one day apart.

The total comprises $20 million of KULR principal and Smarter Web's exact $11,698,540 repayment. Both companies acted voluntarily and retained substantial Bitcoin reserves; neither disclosure described a lender-forced liquidation. The shared consequence is that financing can turn assets presented as long-term holdings into repayment inventory without ending a treasury strategy.

KULR's July 24 filing said it sold approximately 333 BTC from July 9 through July 23 at a weighted-average price of approximately $64,538, generating about $21.5 million in gross proceeds. It used the net proceeds to clear all principal under its $20 million Coinbase Credit facility. Accrued interest still had to be calculated at month-end and was expected to be paid in August 2026.

KULR said the sale was a deliberate step to reduce interest expense and remove collateral and liquidation risk. An earlier quarterly filing showed a March $5 million draw with a 7% loan fee and a May $15 million draw carrying a 7% yearly financing charge paid monthly. KULR expected 565 pledged BTC to be released and reported approximately 760 BTC still in its treasury.

Why two public companies quietly liquidated 511 Bi

Only a Few Days Left: Get in Now

Only a Few Days Left: Get in NowHTX Refer And Earn Discuss Hot Assets , Enter the Lucky DrawAlex Thorn, the head of firmwide research at Galaxy Research, shared Galaxy’s analysis on X, adding his voic

Discuss Hot Assets , Enter the Lucky Draw

Alex Thorn, the head of firmwide research at Galaxy Research, shared Galaxy’s analysis on X, adding his voice to the debate regarding Strategy’s newly announced Digital Credit Capital Framework.

The new rules have sparked a debate about whether or not they will solve the company’s capital-structure problems or simply delay them. 

How does Strategy’s new capital framework operate? 

Strategy (Nasdaq: MSTR) recently disclosed a new “Digital Credit Capital Framework” in a 8-K regulatory filing. 

Cryptopolitan reported that the framework grants the company formal permission to sell up to $1.25 billion worth of Bitcoin. Notably, the firm is facing a massive unrealized loss of roughly $14 billion on its holdings of 847,363 BTC. 

The framework creates a formal USD reserve policy that introduces revised dividend terms for its STRC preferred shares, and authorizes separate repurchase programs for both preferred stock and MSTR common shares at $1 billion each. 

The board has kept aside the company’s $2.55 billion cash reserve, restricting its use to preferred dividends and debt interest. 

If the current spending rates of roughly $1.76 billion annually are retained, this reserve is expected to last for about 17 months. If the full authorized sale of Bitcoin were to be executed, total liquidity would stretch to approximately $3.8 billion, an amount that would cover about 26 months of obligations.

Alex Thorn of Galaxy Research pointed out that the core of the debate is whether these new rules actually solve Strategy’s capital-structure issues or simply delay them. 

The company sold 32 BTC for about $2.5 million in its first-ever Bitcoin sale in late May to cover a dividend payment. JPMorgan recommends that Strategy sell its shares to raise money rather than sell Bitcoin.

Are investors buying MSTR shares?

MSTR shares climbed 12.6% to $92.68 on the Monday after the filing wa

Alex Thorn, the head of firmwide research at Galax

🚨 $FLOKI FALLING WEDGE BREAKOUT RETEST – THE MOMENT OF TRUTH 🚀 Body That 1D falling wedge finally snapped, and now the price is coming back to kiss the broken resistance line. 📌 This retest is textboo

World Cup Predictions: 100,000 USDT Daily

Only a Few Days Left: Get in NowWorld Cup Predictions: 100,000 USDT DailyHTX Refer And Earn Michael Saylor's Strategy ($MSTR) Rolls Out Bitcoin (BTC) Metrics Linked to Debt, Preferred Stock Strategy (

Michael Saylor's Strategy ($MSTR) Rolls Out Bitcoin (BTC) Metrics Linked to Debt, Preferred Stock Strategy (NASDAQ:MSTR), the Bitcoin treasury company led by Michael Saylor, has recently introduced a suite of refined BTC-centric performance indicators that explicitly account for its debt obligations and preferred stock. The update reflects the firm's evolving capital structure.

As preferred equity-often labeled "digital credit"-has grown into a major funding source for Bitcoin acquisitions, alongside remaining convertible debt, the company determined that traditional measures no longer provided sufficient clarity for investors.

The new framework aims to isolate what portion of the Bitcoin holdings effectively belongs to common shareholders after senior claims are considered.

At the core of the changes is the concept of "net reserve." This figure starts with the company's total Bitcoin holdings plus cash, then subtracts the value of preferred stock and out-of-the-money convertible debt.

The residual amount is then divided by a fully diluted share count to produce "net Bitcoin per share" (or net BPS), expressed both in satoshis and in dollar terms.

Company data indicate this net-per-share metric has grown substantially since the end of 2020, outpacing Bitcoin's own price appreciation over the same period on a compound annual basis.

Alongside the net metrics, Strategy has updated its definition of mNAV.

Michael Saylor's Strategy ($MSTR) Rolls Out Bitcoi

🟢 $GMX BUYBACK UNLOCKS REAL REVENUE FURY – PROTOCOL CONVICTION! 💥 Entry: 6.889 ⚡ Target: 7.163 🚀 Stop Loss: 6.795 ⚠️ 💡 There’s a rare edge when a team buys back tokens with actual protocol fees instea

On July 27, a new version of the CLARITY draft bill was released, merging versions from the U.S. Senate Banking Committee and Agriculture Committee, and including ethical clauses for the first time. T

New Version of CLARITY Draft Bill Released, First to Include Ethical Clauses

HTX Creation Challenge — Post and Win 1,500U 💥Only a Few Days Left: Get in NowHTX Refer And Earn Circle Mints $250M USDC to Fuel Solana Liquidity Surge @Circle has minted another $250 million $USDC on

HTX  Creation Challenge — Post and Win 1,500U 💥

Circle Mints $250M USDC to Fuel Solana Liquidity Surge

@Circle has minted another $250 million $USDC on the @Solana blockchain, marking its fourth major issuance event within a 48-hour window. The move pushed the total circulating supply of USDC to a record $72.01 billion, underscoring relentless institutional demand for on-chain dollar liquidity.

Rapid Minting Reflects Rising On-Chain Demand

The speed of the minting cycle is notable. Four large issuances in under two days signals that Circle is responding in near real-time to demand from market makers, trading venues, and DeFi protocols operating on Solana. Traders use USDC as collateral, as a settlement asset, and as a quick way to move between volatile positions without leaving the chain. When more USDC is minted onto Solana, it usually points to demand for on-chain dollar liquidity, which can come from market makers, DeFi protocols, retail traders, or institutions routing activity through Solana-based venues.



Circle Mints $250M USDC to Fuel Solana Liquidity S

Smarter DeFi Decisions Start with Better Tools $GRAM $TON One of the biggest challenges in DeFi isn't finding opportunities, it's understanding the risks and potential outcomes before committing your 

According to Beating monitoring, Tencent has officially launched a new version of QQ Pet on mobile QQ. The original version was shut down in 2018, and after nearly 8 years, it has returned in the form

QQ Pet returns after nearly 8 years of shutdown, integrated with Hy3 large model

ALERT 🚨 SOMETHING BIG IS COMING. $XEC ( eCash ) shows a sharp uptrend after a bullish order block on the 4 hour chart, volume surging 150% and momentum tightening. Meanwhile $MUBARAK ( MUBARAK ) is ga

Субботняя Игра 🏠 Размещайте, комбинируйте и развивайте миниатюрный город в TinyRoom City, игре, созданной за часы в The Sandbox Studio. Делитесь своим прогрессом в ответах. Один игрок зарабатывает 1,000 SAND. Играть 👉

Субботняя Игра 🏠<br /><br />Размещайте, комбинируйте и развивайте миниатюрный город в TinyRoom City, игре, созданной за часы в The Sandbox Studio. Делитесь своим прогрессом в ответах. Один игрок зарабатывает 1,000 SAND. <br /><br />Играть 👉 

Присоединяйтесь К Прогнозам На Чемпионат Мира

Осталось всего несколько дней: действуйте сейчас!

Публикуйте И Зарабатывайте Бонус

Hyperliquid First Discloses HIP-4 Permissionless Deployment Specifications: Threshold Aligns with HIP-3, but Adds a Template Approval Layer

Bitcoin Consolidates for Next Move, HYPE Restarts Bearish Trend | Guest Analysis

Avalanche: Why AVAX is stalling despite a 20x surge in daily transactions

Zhongji Innolight Leads Investment in a Tsinghua '90s Postgraduate

Gate Research Institute: The 'Wall Street-ization' Wave of Crypto Financial Products – Competition or Integration?

BIT Trading Moment: BTC Still Suppressed by Weekly 200 EMA, Rejection May Restart Decline; Storage and Semiconductors that Surged Last Night Begin Falling in Evening Trading

Semua Komentar0TerkiniHangat

Topik Trending