Michael Saylor noted the strategy’s shift from its 2022 lows, saying the company’s Bitcoin (BTC) and cash reserves now exceed its debt by about $48 billion. His comments come as MicroStrategy preferred STRC shares are trading well below their $100…
Tldr: The strategy has 847,000 bitcoins worth roughly $54 billion, which exceeds debt by about $48 billion today. The company raised more than $60 billion after the 2022 crisis and added more than 716,000 Bitcoin to reserves. Bitcoin is trading…
Franklin Templeton has foot With the Securities and Exchange Commission launching two exchange-traded funds to channel corporate dividend payments directly into bitcoin, the latest sign of Wall Street seeking to integrate cryptocurrencies into traditional investment structures. Thursday’s filing lists the…
Here’s the main caveat about the price that came from ChatGPT. Bitcoin’s next major decline may not come from miners, ETF exodus, macro data, big unknown whales, or even wars and deteriorating economic conditions. Instead, he could be one of…
A week that began with optimism about lower oil prices ended with markets focusing on the possibility of renewed Federal Reserve monetary policy tightening. The peace gains from the US-Iran agreement continued to push energy prices lower and helped support…
Abyan Gold Company (Anti-ballistic missiles-TSXV, Abnaf(OTCQB) announced on Friday that it has raised $1.3 million in non-brokered private placement financing and will use the proceeds for upcoming exploration and drilling at the Justin Gold tungsten project in the Yukon Territory.…
Alamos Gold (TSX, NYSE: AGI) says it expects production to decline in the second quarter after a series of disruptions at its Young-Davidson mine in northern Ontario. In an update Thursday, the Canadian Gold Miner said the mine operation experienced…
Some of the world’s largest shipping organizations said on June 18 that maritime traffic through the Strait of Hormuz will only return to normal levels after mines are cleared and traditional routes are restored, while calling for greater clarity on…
Valeura Energy, a Canadian-based oil and gas company, has concluded its campaign to drill multiple wells, increasing oil production in an oil field off the coast of Thailand, Southeast Asia. fog device; Source: Bor Drilling Valeura Energy has confirmed the…
Jake Chervinsky accused CME Group of using a lawsuit against US cryptocurrency futures to protect its position in a market where the exchange is said to control about 92% of the volume of derivatives traded on the exchange. summary Jake…
