Strategy Resumes Bitcoin Accumulation with $43 Million Purchase
Strategy bought 535 BTC for ~$43 million at an average price of $80,340 per coin between May 4 and May 10.
Total holdings now stand at 818,869 BTC, acquired for ~$61.86 billion at an average cost of $75,540.
Purchase funded primarily through common stock sales, with shares rising in pre-market trading.
Follows Q1 earnings and Saylor comments on potential selective BTC sales for dividends while maintaining net positive accumulation…
Michael Saylor clarifies Bitcoin selling stance as MicroStrategy resumes BTC accumulation
MicroStrategy has resumed its Bitcoin acquisition strategy, purchasing 535 BTC for approximately $43 million between May 4 and May 10. Chairman Michael Saylor clarified his famous “never sell” mantra, stating…
Kraken Parent Payward to Acquire Reap Technologies for $600 Million
Payward Inc. has signed a definitive agreement to acquire Reap Technologies for up to $600 million in a mix of cash and stock. The deal values the Kraken parent company at $20 billion and marks its third major…
1inch Resolver TrustedVolumes Drained for $6.7M in Ethereum Exploit
TrustedVolumes, a prominent market maker and resolver for 1inch Fusion, was exploited for $6.7 million on Thursday. The attacker abused a publicly accessible function to register as an authorized order signer…
Michael Saylor Opens the Door to Selective Bitcoin Sales While Doubling Down on Long-Term Accumulation
In a notable shift for one of cryptocurrency’s most vocal advocates, Michael Saylor, Executive Chairman of Strategy (formerly MicroStrategy), addressed potential Bitcoin sales during the company’s Q1 2026 earnings call. While the firm has built its reputation on aggressive, never-sell accumulation, Saylor emphasized a pragmatic approach: “We will probably sell some bitcoin to pay a dividend just to inoculate the market and send the message that…
Senate Banking Committee Sets Markup Date for CLARITY Act, Reviving Crypto Market Structure Legislation
Senate Banking Committee schedules May 14 markup for the CLARITY Act, the comprehensive digital asset market structure bill.
Industry stakeholders express optimism as negotiations address jurisdiction, consumer protections, and stablecoin yield issues.
Progress follows months of delays, positioning the bill for potential floor action in the coming months.
The U.S. Senate Banking Committee is set to hold a markup session on Ma…
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Strategy Executive Chairman Michael Saylor stated the firm will “probably sell some bitcoin” to fund dividend payments and “inoculate the market.”
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