Michael Saylor’s company has seen big losses as Bitcoin falls below $90,000, leaving around 40% of its holdings unprofitable. Recent purchases above current market prices have added nearly $100 million in unrealised losses, putting pressure on the company’s stock and strategy.
WeatherlyEl Salvador bought about 1,090 Bitcoin in a single day, raising its total holdings to roughly 7,474 BTC worth $676 million. The purchase came as Bitcoin fell below $90,000, showing the government is continuing its daily accumulation strategy despite market volatility.
AnaisPeter Schiff criticised Michael Saylor and Strategy, calling their Bitcoin-focused business model a “fraud” and challenging Saylor to a debate. The attack comes as Bitcoin fell below $99,000 and Strategy’s stock dropped over 50% since July, while gold remains strong above $4,000 an ounce.
AnaisBitcoin fell back to its end-2024 price as traders pulled away from risky assets and ETF outflows picked up. The drop followed fading excitement over the Trump administration’s crypto stance and rising fears across global markets.
WeatherlyTaiwan’s central bank has begun a pilot to hold seized Bitcoin as part of its reserves. The government is studying how digital assets could be used alongside traditional currency and gold.
AnaisChinese national, Zhimin Qian, was jailed for bitcoin fraud in London, and UK authorities seized 61,000 bitcoins worth over £5 billion.
AnaisThe McRib has returned to McDonald’s menus in the US, sparking renewed social media buzz and a quirky link to Bitcoin trends. Some online data suggests Bitcoin sometimes rises after the sandwich’s comeback, though the pattern is inconsistent.
WeatherlyBitcoin (BTC) surged this week, climbing 6.7% to break past the $106,000 mark as optimism swelled around a U.S. Senate bill expected to end the longest government shutdown in American history.
XingChiBlock Inc.’s Square platform now lets over four million merchants accept Bitcoin using the Lightning Network, enabling near-instant payments and low fees. Bitcoin-related transactions contributed nearly $2 billion to the company’s revenue, highlighting growing adoption of crypto in everyday commerce.
AnaisThe individual in question used illicitly obtained funds to acquire DeGods #2921 and y00t #10991.
KikyoGalaxy Digital is reportedly raising a $100 million venture fund to support early-stage crypto startups, with most of the funding expected to come from external investors. This initiative reflects a broader trend of increasing venture capital interest in the crypto sector, driven in part by the recent rally in Bitcoin's price following the approval of US spot Bitcoin ETFs in January.
AlexAccording to Israeli intelligence sources, a system known as 'Lavender' was reportedly utilised during the conflict in Gaza.
CatherineTesla loses engineers to OpenAI in a fierce AI talent battle, highlighting the challenges of retaining top AI expertise.
MiyukiThe SEC is considering Ethereum ETF proposals from Grayscale, Fidelity, and Bitwise, with public feedback sought on market dynamics and regulatory concerns.
WeiliangAnalysts predict Ethereum's layer 2 scaling networks will reach $1 trillion in six years, driven by use case-specific chains and improved scalability efforts.
AlexDespite the programme being shuttered five months ago, a significant $24 million remains staked in Lido for Solana.
KikyoIrina Dilkinska, former legal head of OneCoin, sentenced to 4 years for money laundering; scheme's co-founder remains at large.
WeiliangThe US government transferred nearly $2 billion in Bitcoin to Coinbase, highlighting its growing acceptance of cryptocurrencies in traditional financial systems.
AlexNIST awards $3.6 million to 18 organizations to address the shortage of cybersecurity professionals. RAMPS program aims to align with local businesses for workforce development.
Miyuki