Corporate Giant Eyes $4.2 Billion Bitcoin Expansion While Saylor Moves To Sell

Strategy, the company led by Michael Saylor, sold 32 Bitcoin worth roughly $2.5 million, marking its first Bitcoin sale since 2022. The transaction was carried out to meet dividend-related obligations tied to the firm’s preferred stock offerings, according to reports. Bitcoin’s largest corporate holder remains firmly committed to its...
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Democrats push Labor Department to scrap crypto 401(k) proposal

Three senior Democratic lawmakers have called on the U.S. Labor Department to withdraw a proposal that could open the country’s roughly $10.1 trillion 401(k) retirement market to cryptocurrencies and other alternative investments. According to a letter sent Tuesday by Senator…...
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Karen Bass advances to LA mayoral runoff in November

Karen Bass confirmed to advance to LA’s November mayoral runoff. First-round finish market at 98% YES; general election win at 78% YES. The post Karen Bass advances to LA mayoral runoff in November appeared first on Crypto Briefing....
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