Bitcoinβs move above $66,000 has lifted CRCL, BMNR and MSTR by as much as 8.6% as investors position for the Federal Reserveβs July meeting. According to data from crypto.news, Bitcoin climbed past $66,000 on July 21, while Ethereum traded aboveβ¦
Strategy has strengthened its cash position to $3 billion as JPMorgan has identified the move alongside steady bitcoin futures inflows as positive developments for Bitcoin despite continued volatility in spot ETF demand. JPMorgan said in a Wednesday research note thatβ¦
Strategy CEO Phong Le has tied the companyβs next Bitcoin purchase to STRC returning to its $100 par value as the preferred stock trades near $87. Bloomberg reported that Le plans to resume issuing STRC shares once the security, knownβ¦