Strategy (formerly MicroStrategy) has delivered its most profitable quarter ever in Q2 2025, reporting record net income of $10 billion. The bumper quarter resulted in a diluted earnings per share of $32.60, a dramatic turnaround from a net loss of $102.6 million in the same quarter last year. The company’s explosive performance was primarily driven […]
Bitcoin just absorbed a $9 billion sell-off of almost 80,000 units “without breaking stride,” said analysts at BTC financial services firm Swan on Wednesday. The sell-off refers to last week’s market dump when BTC fell from just over $119,000 to around $115,000 in a few hours on July 25. A Satoshi-era whale, one of the few […]
Strategy, a publicly traded company, has announced the successful closing of its initial public offering (IPO) of 28 million shares of Variable Rate Series A Perpetual Stretch Preferred Stock (STRC) at a public offering price of $90 per share. The offering generated gross proceeds of approximately $2.52 billion, making it the largest US IPO of […]
Crypto markets have started the new week in the green, and the momentum could continue as trade tensions ease. The big event for the week is the Federal Reserve meeting on July 30, when the latest interest rate decision will be made. Meanwhile, US President Trump has reached a deal with the European Union, which includes […]
A weekly close above $119,200 will kickstart the breakout from a “bull flag” chart pattern, according to analysis by ‘Rekt Capital’ on Sunday. They added that turning this level into support via a retest could occur over the coming week. Bitcoin closed the week at $119,466 on Coinbase, according to Tradingview, which means that the bullish […]
At the time of this writing, Bitcoin (BTC) was trading just over $118,000, after recovering from a dip that took it to a two-week low at $114,500 on July 24. But behind the relatively calm price action, a potentially explosive narrative is gathering steam. Proponents say we’re witnessing the most calculated supply shock in crypto […]
The weather is hot, and so is the race of the public companies that have adopted the treasury model with the leading cryptocurrency asset. The web design agency has been making weekly acquisitions and is currently ranked in the top 30. Steady Growth Based in the UK and publicly traded on the Aquis Stock Exchange […]
The cryptocurrency market experienced some turbulence at the end of the business week, with multiple assets dropping by up to 10% from their local peaks. BTC and XRP are no exception. Both dropped hard, driven to an extent by FUD from large sell-offs. Now, though, Santiment has outlined a big bullish sign. BTC, XRP to […]
The leading cryptocurrency asset has remained a strong contender for different companies’ treasury strategy, now recognized globally within the corporate world. With rising uncertainty in major economies due to various political and macroeconomic conditions, BTC remains a “safer” alternative, at least for now. Another Player in The Game An AI-focused firm headquartered in Japan, listed […]
First time in over a year, Ethereum spot trading volume is greater than Bitcoin’s, reported CryptoQuant on Wednesday. Last week, ETH spot trading hit $25.7 billion compared to $24.4 billion for Bitcoin, it added, noting that this pushed the ETH/BTC spot volume ratio above 1 for the first time since June 2024. “Investors are rotating […]