MicroStrategy Bitcoin Holdings Hit $66Bn: What Next for Saylor?

Strategy, the Virginia-based business intelligence firm led by Michael Saylor, acquired 535 bitcoin for approximately $43 million, paying roughly $80,340 per coin and bringing its total treasury to 818,869 BTC. Michael Saylor’s Strategy Adds 535 Bitcoin After ‘Back to Work’ Post on X Saylor posted “Back to work” on X on May 10, signaling another […]

Strategy Inc's aggressive Bitcoin accumulation via equity offerings may influence market dynamics and investor sentiment towards cryptocurrency. The post Strategy adds 535 Bitcoin for $43 million as total holdings near 819,000 BTC appeared first on Crypto Briefing.

The company and its former CEO attracted a lot of controversy recently after hinting at potentially selling some of the BTC holdings.

Bitcoin begins the week near $80,100, with crypto markets facing an unusually dense calendar of macro, policy and institutional-positioning catalysts. The immediate question is whether Washington and geopolitics add fresh support to risk assets or reinforce the dollar, oil and rates pressure that has kept broader crypto liquidity selective. #1 Fed Transition Risk Moves To The Senate The first event is the Senate’s May 11 vote tied to Kevin Warsh’s Federal Reserve nomination. Importantly, this is not simply a final vote to make Warsh Fed Chair. The Senate schedule shows a roll-call vote on cloture for Warsh’s nomination to become a Fed governor, while his separate nomination to become Chair is also on the executive calendar. Related Reading: Binance Founder CZ Sees Major Changes Ahead For Crypto The White House nominated Warsh in March both as Fed Chair for a four-year term and as a governor for a 14-year term. For Bitcoin, the relevance is straightforward: the Fed chair transition affe

Is Alt Season Here? What Bitcoin's $80K Stagnation Means The post Is ‘Altcoin Season’ Finally Here? Why Bitcoin’s $80K Stagnation Is Good News appeared first on 99Bitcoins.

Crypto ETPs drew $858 million in inflows last week, led by Bitcoin with $706 million, as sentiment improved and short-BTC funds saw $14 million of outflows.

Digital asset inflows peak at a six-week high as a Senate stablecoin deal stokes institutional appetite across Bitcoin and altcoins.

A wallet linked to Garrett Jin, founder of the now-defunct exchange Bitforex, has deposited all 577,896 ether into Binance over just four days, closing out a position he acquired by swapping bitcoin for ETH when ether was trading at $4,591. A $1.35 Billion ETH Offload and a Costly Trade A wallet attributed to Garrett Jin […]