Tag: Crypto

Strategy Hits Pause Button, but BitMine Keeps Buying Ethereum (ETH)

BitMine Immersion Technologies, the Tom Lee-chair former bitcoin miner turned Ethereum treasury company, continues with its Monday announcements about major ETH acquisitions completed over the previous week. At the same time, the world’s largest corporate holder of any cryptocurrency, Michael Saylor’s Strategy, decided to skip a week as it...
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Coinbase Does A 180, Now Backs CLARITY Act: What Changed?

Coinbase (NASDAQ:COIN) is backing a Senate compromise on stablecoin rewards that could revive the CLARITY Act after months of stalemate. The Stablecoin Rewards Compromise The new language bans rewards on stablecoins if they are “economically or functionally equivalent” to bank deposits while preserving incentives tied to actual crypto platform...
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Bitcoin Buying Streak Ends: Saylor Confirms No New Strategy Purchase

Strategy’s Bitcoin stash sits at roughly $64.44 billion — and it didn’t grow this week. A Pause After 4 Straight Weeks Michael Saylor, executive chairman of Strategy, confirmed Sunday that the company made no Bitcoin purchases during the current week, snapping a four-week buying run. The announcement came through...
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