Strategy Drops $740 Million on Bitcoin, Now Holds Over 600,000 BTC

Strategy just made another huge Bitcoin move. According to a July 21 SEC filing, the company spent $739.8 million to buy 6,220 BTC, paying an average of $118,940 per coin. That brings its total holdings to 607,770 BTC. The average buy-in across all purchases sits at $71,756, putting the...
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Sequans Adds 1,264 Bitcoin To Balance Sheet Amid Growing Corporate Interest

Sequans Communications, a France-based fabless semiconductor firm, today announced the purchase of 1,264 Bitcoin (BTC) for a total of $150 million, averaging $118,659 per BTC. This latest acquisition brings the company’s total BTC holdings to 2,317 BTC. Sequans Expands Bitcoin Holdings With 1,264 BTC Purchase In an announcement made...
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Illegal crypto ATM network busted in UK, two under investigation

U.K. authorities have arrested two individuals and seized multiple crypto ATMs in connection with an investigation into an unregistered cryptocurrency exchange and suspected financial crime. According to a statement from the UK Financial Conduct Authority (FCA), the operation was carried…...
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Ethereum Buying Pressure Surges Amid New Treasury Wave and ETF Inflows

The pace of Ethereum inflows to spot exchange-traded funds is picking up momentum while new treasury companies stashing the asset are announced almost daily. This will put immense buying pressure on Ethereum over the next 12 to 18 months, said Framework Ventures co-founder Vance Spencer on Tuesday. “Mid-eleven figures...
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Crypto Graveyard Grows: Coinbase Says $3.4B In ETH Is Irrecoverable

Ethereum is seeing a growing chunk of its coins slip out of reach. According to Coinbase head of product, Conor Grogan, 913,111 ETH—about 0.76 % of the nearly 121 million coins in circulation—are now locked away by user blunder or software bugs. Coinbase disclosed that the stash alone is worth more than...
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‘Banksters Are Out To Kill Crypto,’ Tyler Winklevoss Slams JPMorgan

The debate over who should control—and pay for—access to US consumers’ banking data turned acrimonious after Gemini co‑founder Tyler Winklevoss claimed that JPMorgan Chase & Co. is “trying to kill fintech and crypto companies.” In an extended X thread posted late Sunday, Winklevoss charged that the nation’s largest bank wants “to take...
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