Category: News

Bitcoin price nears $65K as US PCE cools to 3.7%

Bitcoin price moved back toward $65,000 on Thursday after softer U.S. inflation data eased fears of another Federal Reserve rate hike, although renewed U.S.–Iran fighting kept traders cautious. Bitcoin price approaches $65K after PCE release Bitcoin rose to an intraday…...
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Strategy is selling stock to pay dividends on stock

The company raised $544.5 million in one week by issuing common shares, bought no bitcoin with it, and put it in a reserve whose stated purpose is covering preferred dividends. The obligation runs $1.76 billion a year. The flywheel that…...
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