Strategy’s latest Bitcoin sale lifted its 2026 disposals to 5,258 BTC, the largest amount it has sold in any year since adopting the asset in 2020, as the company redirects capital toward supporting its preferred securities. The company sold 1,638 BTC for $104.7 million between July 27 and Aug. 2 and issued about 3.01 million…
The agent, who had “top secret” clearance and worked in FBI headquarters, was accused of taking crypto from wallets the agency had investigated.
Net loss came to $57.2 million, narrowed from $81.8 million in the first quarter. A $71.2 million non-cash loss on digital assets ran through operating expenses, and the operating loss was $74.1 million while Bitcoin fell about 12% over the quarter. CryptoPotato reported on the $81.8 million first-quarter loss that landed alongside a then-record 817…
Bitcoin miner Sphere 3D has up to $10.3 million of amended at-the-market stock-sale capacity for working capital, while its standing policy also permits mined Bitcoin sales for working capital or growth. At the assumed $2.35 share price in its July 31 prospectus supplement, full use of the facility would add 4,382,978 common shares and expand…
EU sanctions rules will bar direct and indirect transactions with HTX from Aug. 23 when those dealings fall within the bloc’s jurisdiction. For some individuals still needing to exit the exchange, an ordinary withdrawal will then require a narrow authorization from a national authority. Council Regulation (EU) 2026/1848 lists “HTX (HUOBI GLOBAL SA)” in Annex…
The SHIB team and community have scorched billions of tokens in the past month. The resurgence of the burning program has coincided with the positive performance of the self-proclaimed Dogecoin killer, whose price has jumped by 10% within that period. Big Burn, But There’s a Catch The X account Shibburn revealed that over 3.2 billion…
Intesa Sanpaolo, Italy’s largest banking group, cut the underlying-share amount of its reported iShares Bitcoin Trust ETF call position by 99.3% in the second quarter, while a 500,000-share-equivalent held put row appeared and its staked Ethereum ETF balance roughly tripled. The changes mark a reset in the Italian bank’s disclosed quarter-end crypto ETF positions. They…
Bitcoin mining has long become a massive business niche in which the individual miner has been sidelined, but there are occasional exceptions. A single miner managed to mine block number 960804, which secured them the 3.125 BTC prize, worth roughly $200,000 at today’s prices. Pseudonymous software developer at CKPool, Dr -ck, was among the first to…
Armada Acquisition Corp. II, the SPAC seeking to take XRP treasury operator Evernorth Holdings public, has borrowed $135,000 from Arrington XRP Capital Fund. Arrington is both Armada’s sponsor and the subscriber behind a major XRP commitment to the transaction. Related Reading New US company completes $1 billion XRP purchase as Ripple celebrates price surge Institutional…
The primary cryptocurrency has experienced another pullback over the past few days. Potential reasons for the negative performance include the Coldcard exploit, waning institutional interest, and Strategy’s latest sell-off. Here’s everything you need to know. The Coldcard Drama Last week, Coinkite, the company behind the Colcard hardware wallet, warned users that their Bitcoin funds could…