LA do-gooder claims he collected 100K pounds of trash from streets — blames city for slow collection: ‘Just do your job’

Strategy Not Slowed Down By USD Reserve—Drops Nearly $1 Billion On Bitcoin

Strategy, a prominent corporate Bitcoin holder, has executed one of its largest acquisitions of the year, purchasing 10,624 BTC for $962.7 million. This purchase, funded through stock offerings, comes just one week after the company established a $1.44 billion USD reserve intended to manage short-term market volatility. With this latest addition, Strategy's total holdings now stand at 660,624 BTC, acquired at an average cost of $74,696 per coin. The company is currently holding an unrealized profit of approximately 21% on its massive Bitcoin treasury. This aggressive accumulation contrasts with the recent trend of net outflows from US spot Bitcoin ETFs, which resumed after a brief period of inflows, indicating ongoing market caution. Meanwhile, Bitcoin's price has retreated to around $89,900 after briefly surpassing $92,000.

bitcoinist4 хв тому

Bitcoin (BTC) Price Under Pressure: Is a Bearish Flag Flashing a Warning of a Slide to $70K?

TheNewsCrypto9 хв тому

Metaplanet Predicts All Companies Will Hold Bitcoin, Aims to Turn Japan’s $7 Trillion Cash Pile Into 20x BTC Buying Power

Metaplanet, a Tokyo-based company with an aggressive Bitcoin treasury strategy, predicts universal corporate Bitcoin adoption. It aims to channel a portion of Japan's $7 trillion in idle savings into Bitcoin using a capital model that multiplies purchasing power twentyfold. The company leverages perpetual preferred securities to avoid refinancing risk and amplify Bitcoin acquisitions, claiming every $1 million in recurring revenue supports $20 million in Bitcoin purchases. Metaplanet has grown from a $50 million company in early 2024 to one of Japan's largest equity issuers, raising $3 billion in 2025 alone. Its long-term goal is to accumulate 1% of all Bitcoin (210,000 BTC) by 2027 and expand into a full Bitcoin financial platform for Japan and Asia, offering custody, yield products, and advisory services.

ccn.com10 хв тому

Wall Street Storms Ripple In Explosive $500 Million Deal

Ripple secured a $500 million investment from major Wall Street firms, including Citadel Securities and Fortress Investment Group, lifting its valuation to approximately $40 billion. A key feature of the deal is the significant downside protection for investors, including a put option allowing them to sell shares back to Ripple after 3-4 years for a guaranteed 10% annualized return unless the company goes public. In return, Ripple can only force a buyback by paying about 25% annually. Investors also received liquidation preference. The deal is largely viewed as a concentrated bet on XRP, with an estimated 90% of Ripple's net asset value tied to the cryptocurrency. This structure is now become a new reference point for assessing crypto credit risk, pressuring Ripple to pursue an IPO or find new liquidity before the put windows open.

bitcoinist14 хв тому

ZCash rally called ‘coordinated’ – Will ZEC traders ride it to $480 and beyond?

ZCash (ZEC) rallied 30.8% to $409.2 after its listing on Bitget, with analysts noting a key support level at $360. The next target is $480, though indicators like the CMF and MFI suggest weak demand. Short-term momentum is positive, with a critical demand zone between $382–$395. A break below $380 could lead to a drop toward $330–$350, while a move above $425 may push ZEC toward $480 and beyond. Traders are advised to consider long positions with a stop-loss below $382.

ambcrypto16 хв тому