Tag: Breaking

First Liquidation Since 2022: Strategy Inc. offloaded 32 BTC for approximately $2.5 million, marking its first net sale of the asset since a tax-loss harvesting maneuver in late 2022. Funding Dividends: The liquidation was executed to fund upcoming distributions for the company’s preferred stock program, designed to maintain a stable par value for income-focused investors. Market Reaction: The disclosure triggered a sharp market drawdown,...

MicroStrategy has retired $1.5 billion in aggregate principal of its 0% Convertible Senior Notes due 2029, executing the buyback at an 8% discount to par.The company utilized $1.38 billion from its dedicated USD cash reserve for the transactions, drawing the balance down to $871 million without liquidating any bitcoin.Parallel equity and preferred stock offerings generated enough capital to acquire an additional 24,869 BTC, pushing the total...

Robinhood introduced beta access to “Agentic Trading” and “Agentic Credit Cards,” enabling customers to connect third-party artificial intelligence agents directly to financial accounts.The technical architecture is built on the open-source Model Context Protocol (MCP) developed by Anthropic, bypassing standard app-scraping or unofficial API workarounds.The rollout includes strict security guardrails, restricted fund...

An unknown entity permanently destroyed 107 BTC, worth approximately $8.2 million, by routing the funds to a historic unspendable burn address.The funds originated from five separate wallets that had been entirely dormant since April 2014, when bitcoin was trading around $442.On-chain analysts have floating theories ranging from accidental exchange cold-storage errors to deliberate tax loss harvesting or a broken dead man’s switch.A...

Pope Leo XIV issued “Magnifica Humanitas,” a landmark papal encyclical calling for artificial intelligence to be “disarmed” and strictly regulated to prevent technology from dominating human dignity. Anthropic co-founder Christopher Olah spoke alongside the Pope at the Vatican, acknowledging that frontier AI labs face deep commercial and geopolitical pressures that conflict with public safety. The encyclical...