K Wave Media sells all Bitcoin holdings to repay $6M debt

The Bitcoin statue at NYSE symbolizes crypto's integration into traditional finance, highlighting its growing legitimacy and influence on Wall Street. The post Bitcoin statue unveiled at New York Stock Exchange, marking crypto’s cultural arrival on Wall Street appeared first on Crypto Briefing.

The liquidation event highlights the volatility and interconnectedness of crypto with broader financial markets, impacting investor strategies. The post Bitcoin reclaims $61,000 after jobs report triggers $1.6B liquidation cascade appeared first on Crypto Briefing.

Bitcoin rallied above $60,000 despite Federal Reserve rate hike fears and steady outflows from the BTC spot ETFs. Is the rally a bull trap?

Strategy's shift to active Bitcoin management may stabilize its financial health, influencing market confidence and Bitcoin's price trajectory. The post Strategy unveils $1B Bitcoin monetization, boosts STRC dividend appeared first on Crypto Briefing.

The stabilization of STRC and SATA amid Bitcoin volatility highlights the complexities and risks of using cryptocurrency-backed financial instruments. The post Strategy’s STRC stabilizes near $85, SATA trades at $97.9 amid Bitcoin pressure appeared first on Crypto Briefing.

Strategy's stock decline highlights the risks of over-leveraging on volatile assets, prompting a shift in investor preference towards direct exposure. The post Strategy’s stock premium drops below 1x as Bitcoin downturn erases billions in value appeared first on Crypto Briefing.

DDC's buyback highlights market skepticism and potential risks of leveraging Bitcoin holdings, impacting investor confidence and financial stability. The post DDC Enterprise approves $10M share repurchase program as Bitcoin holdings dwarf market cap appeared first on Crypto Briefing.

The use of preferred equity for Bitcoin purchases by Strategy and Strive highlights innovative financing strategies amid tightening supply. The post Strategy and Strive drive June Bitcoin purchases with 6,989 BTC from preferred equity proceeds appeared first on Crypto Briefing.