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The post Debate Grows Over Strategy Using Bitcoin Sales to Fund STRC Buybacks appeared on BitcoinEthereumNews.com. Key Takeaways Strategy hiked STRC’s dividend to 12% on June 29 while the stock traded near $87. Strategy authorized a $1 billion buyback with STRC as the initial priority target. Peter Schiff said STRC’s sub-$87 price signals Wall Street doubts Bitcoin’s growth pace. STRC, Strategy’s Variable Rate Series A Perpetual Stretch Preferred Stock, traded in the mid-to-high $80s this week, with some sessions dipping under $85. The stock has a 52-week range of roughly $71 to $100, and the gap between its market price and its stated par value has become one of the more debated topics on X in early July. A New Framework, an Old Discount Strategy unveiled a “Digital Credit Capital Framework” on June 29. The plan raised STRC’s annualized dividend to 12%, moved payouts to a semi-monthly schedule, and lifted the company’s USD Reserve to about $2.55 billion. That figure covers roughly 17.
Read full articleBitcoin's rising price floor amid AI investment and regulatory delays suggests resilience, but prolonged uncertainty may hinder broader adoption. The post Bitwise says Bitcoin’s floor is rising amid AI boom and regulatory delays appeared first on Crypto Briefing.
The post Bitdeer unveils $36M Nevada factory to shake up Bitcoin mining appeared on BitcoinEthereumNews.com. Bitdeer Technologies has unveiled a $36 million manufacturing facility in Nevada, bringing production of its SEALMINER Bitcoin mining machines to the United States. Summary Bitdeer will invest $36 million in a Nevada factory to produce SEALMINER Bitcoin mining machines. The new Sparks facility is expected to begin commercial production by the end of 2026. Bitdeer shares jumped 14.1% as the company reported stronger U.S. manufacturing and 921 BTC mined in May. According to Bitdeer, the new plant in Sparks, Nevada, will manufacture key components for the company’s SEALMINER mining rigs, with commercial production scheduled to begin before the end of 2026. The company said the facility will strengthen its manufacturing capacity inside the United States while reducing its dependence on outside suppliers for critical mining equipment. Shares of Bitdeer responded positively to the ann
Bitdeer Technologies has unveiled a $36 million manufacturing facility in Nevada, bringing production of its SEALMINER Bitcoin mining machines to the United States. According to Bitdeer, the new plant in Sparks, Nevada, will manufacture key components for the company’s SEALMINER…
The post New Hampshire snuffs out trailblazing bitcoin bond effort appeared on BitcoinEthereumNews.com. At the last moment, New Hampshire has turned its back on a groundbreaking effort to establish what was expected to be the first rated, bitcoin-backed bond issued under a state’s authority, with a governmental body there canceling the project. Just a few months after Moody’s Ratings gave the bond a Ba2 rating, the New Hampshire Executive Council, which reviews major state financial actions, slammed the door with a 3-2 decision that sided with those concerned about the state’s financial reputation. The financial instrument was to be issued by the Business Finance Authority of the State of New Hampshire, backing a private-sector bond of up to $100 million tied to Bitcoin mining and datacenter firm CleanSpark. The council’s vote was the final step. “It was an extremely short-sighted decision,” Keith Ammon, a longtime crypto advocate and the majority floor leader in the New Hampshire Hous
The post Bitcoin Holds Strong: Crucial Support Level Maintained appeared on BitcoinEthereumNews.com. Bitcoin continues to demonstrate resilience by maintaining its position above a significant support level, fueling optimism for a potential upward trajectory. While it remains below a major resistance benchmark, market dynamics and renewed purchasing interest bolster anticipation of a bullish trend. Continue Reading:Bitcoin Holds Strong: Crucial Support Level Maintained Source: https://en.bitcoinhaber.net/bitcoin-holds-strong-crucial-support-level-maintained
The post MARA Expands Texas Footprint With New AI Data Center Project appeared on BitcoinEthereumNews.com. MARA Holdings is strengthening its digital infrastructure strategy after agreeing to acquire a large powered land site in Matagorda County, Texas, from HIF USA. The transaction gives the Bitcoin miner another major growth platform as demand for artificial intelligence computing and energy-intensive data centers continues to rise. Besides supporting Bitcoin mining, the project will target high-performance computing customers, helping MARA diversify its long-term revenue opportunities while expanding its access to large-scale power capacity. Project Targets AI and Bitcoin Growth According to the press release, the 1,200-acre property could deliver an initial 1 gigawatt of electricity by October 2027. Capacity could expand to 2 gigawatts by April 2028. Consequently, MARA’s total potential power portfolio would reach about 4.8 gigawatts, including its planned Long Ridge Energy acquis
The renewed US-Iran conflict heightens geopolitical instability, impacting global markets and highlighting Bitcoin's sensitivity to macro events. The post US-Iran military strikes shatter ceasefire, sending Bitcoin sliding toward $60K appeared first on Crypto Briefing.
El Salvador's tax incentives could attract global crypto investors, but potential conflicts with home country tax laws may complicate compliance. The post El Salvador offers 0% tax on Bitcoin gains with just 90 days of residency appeared first on Crypto Briefing.
