Bitcoin ETF outflows stretch to eighth week as altcoin funds draw cash
Spot Bitcoin ETFs recorded $527 million in net outflows from June 29 to July 2, extending their weekly withdrawal streak to eight weeks. The latest...
Tag : Cash
'Stop Buying Bitcoin': Strategy Needs More Cash Fast, Analyst Says as STRC Hits New Low
In brief Strategy should immediately end its Bitcoin-buying spree and focus purely on shoring up cash, according to CryptoQuant Analyst Julio Moreno. He argued that...
CryptoQuant warns on Strategy's dividend coverage as cash reserve falls 38%
After Strategy’s dividend coverage fell to 14 months from seven years, CryptoQuant thinks the company led by Michael Saylor should pause Bitcoin purchases and focus...
Michael Saylor’s latest Bitcoin buy hides a bigger cash strategy
Strategy has increased its cash reserves by $300 million while adding 520 Bitcoin worth roughly $35 million, highlighting a growing focus on liquidity alongside continued...
Strategy Pads Cash Reserves to $1.4B After STRC's Stumble
In brief Strategy spent $35 million on Bitcoin while padding its USD reserve for a third straight week. Following STRC’s tumble to new lows last...
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...
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...