Strategy’s 500,000 BTC Holdings At Risk As Bitcoin’s 200-Day MA Remains Low A...
Strategy’s BTC holdings could be at risk following Technical expert Tony Severino’s revelation about Bitcoin’s current price action. The expert noted that the flagship crypto’s 200-day MA is below the average cost of the company’s BTC holdings, meaning they could still hold an unrealized loss at some point. Strategy’s Stock At Risk With Bitcoin’s 200-Day […]
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Bitcoin edged higher on Sunday as signs of easing US-China trade tensions lifted risk assets, while Strategy’s founder hinted the company kept adding to its Bitcoin holdings. Related Reading: $10K Is Coming: Arthur Hayes’ Zcash ‘Vibe Check’ Sparks 30% Moonshot Strategy Keeps Buying Michael Saylor posted a chart on October 26 that uses orange dots to mark recent purchases. The visual cue has become his shorthand for new buys. Based on reports, Strategy added 387 BTC between October 13 and October 20, bringing its total to 640,418 BTC. That number is striking on its own. It shows a steady,....
Strategy Chairman Michael Saylor told investors that his company is not looking to buy peer Bitcoin treasury firms, saying such deals often take too long and carry too much uncertainty. Related Reading: IBM Unveils Digital Asset Haven For Banks And Governments – Details Strategy’s Focus Remains On Buying Bitcoin According to Strategy’s third-quarter earnings call, […]
Strategy’s $40 billion Bet on Bitcoin has become the subject of a class action lawsuit. The plaintiffs accuse the company’s executives of making misleading statements. This comes amid the firm’s latest purchase of 7,390 BTC. Strategy Faces Lawsuit Over Bitcoin Bet According to Strategy’s filing with the SEC, the plaintiffs filed a class action lawsuit […]
Ethereum’s steward moved part of its crypto coffers this week, converting a chunk of ETH into stablecoins as it adjusts how it funds projects and grants. Related Reading: Bitcoin Jumps To $120K, Catapulting Strategy’s Holdings To Record $77.4 Billion Foundation Moves To Stablecoin Holdings According to reports, the Ethereum Foundation converted 1,000 ETH into stablecoins […]
Quick Facts: ➡️ Strategy’s $50M Bitcoin purchase during market volatility signals renewed confidence and helps steady broader crypto sentiment. ➡️Major players continue to buy the dip, signaling a belief that weakness presents opportunity, not risk. ➡️ Built to leverage Bitcoin’s network strength for real utility, Bitcoin Hyper is positioned to benefit if BTC continues its […]