Kraken is force-selling 7 delisted tokens into dead markets, warning users insufficient liquidity could result in zero proceeds.

Kraken will begin automatically liquidating seven delisted tokens today, Aug. 3 after closing withdrawals for affected clients. Any PLANCK, AIR, MICHI, FLY, ANLOG, TERM or STRD left on the exchange is due to be sold during a five-day window that runs through Aug. 7, according to Kraken’s published schedule. This is a disposal of residual…

Strategy Sold Over $100 Million in Bitcoin, Buys Back More STRC

Strategy has increased its US dollar reserve and expanded its preferred-stock repurchases. The otherwise Bitcoin-focused company is moving to strengthen its balance sheet. The firm added $250 million to its cash reserve, bringing the total to $4 billion. It also repurchased approximately $81 million worth of its Variable Rate Series A Perpetual Stretch Preferred Stock…