Bitcoin Giant Strategy Pads Cash Cushion for Second Straight Week, Buys BTC
In brief Strategy expanded its USD Reserve to $1.1 billion and increased its total Bitcoin holdings to 846,842 BTC. Executive Chairman Michael Saylor introduced a...
Tag : Cash
Robert Kiyosaki says cash is trash, backs Bitcoin and Ethereum
Robert Kiyosaki has again urged followers to move away from cash and into hard assets. Summary Robert Kiyosaki renewed his cash warning while promoting gold,...
Strategy CEO says 32 BTC sale was a test, not a cash need
Strategy CEO Phong Le said the company’s 32 BTC sale was a test of its process and not a sign that the firm needed cash...
Strategy Buys Bitcoin, Pads Cash Reserves Following Biggest Weekly Stock Drop Since 2022
In brief Strategy shares pared losses after it purchased 1,550 Bitcoin for $101 million, boosting its total holdings to 845,256 BTC. The company grew its...
For Bitcoin Giant Strategy, Cash Is Key to Calming Investors: JPMorgan
In brief JPMorgan analysts argued that Strategy could reassure anxious investors by rebuilding its cash reserves. A small Bitcoin sale triggered the company’s worst weekly...
Dash says crypto forgot its original killer app: digital cash
Dash has renewed its focus on digital cash, arguing that peer-to-peer payments remain one of crypto’s most useful goals even as stablecoins, DeFi and decentralized...
BlackRock’s Bitcoin behemoth bleeds cash in second‑worst outflow day yet
The move cements ETF flow as the main driver of Bitcoin’s short‑term price action, with discretionary buyers increasingly forced to trade around institutional liquidity. Summary...
Cash App Now Supports Stablecoins, Despite Bitcoin Maxi Jack Dorsey's 'Gatekeeper' Gripes
In brief Cash App has introduced fee-free USDC stablecoin transactions across Ethereum, Solana, Polygon, and Arbitrum. Unlike Venmo, Cash App automatically converts incoming stablecoins into...
Bitcoin Giant Strategy Slashes Cash Reserves by 61% to Repurchase $1.5 Billion in Debt
In brief Strategy used 61% of its dedicated cash buffer ($1.38 billion) to repurchase $1.5 billion in convertible notes. Despite earlier corporate signals, the firm’s...
Galaxy and State Street launch Solana-based SWEEP tokenized cash fund
U.S. stocks opened higher on Tuesday, with major indexes gaining and AI‑linked storage names outperforming, even as PayPal sank about 10% after disappointing profit guidance....