Tag: crypto market downturn
Strategy Builds Cash Pile With $748M Share Sale, Pauses Bitcoin Purchases
Strategy Inc has significantly strengthened its U.S. dollar cash position after selling roughly 4.5 million shares of common stock last week, while temporarily halting...
Strategy Halts Bitcoin Purchases, Shifts Focus to Cash Reserves
Michael Saylor’s company, Strategy Inc., has temporarily paused its Bitcoin purchases while sharply increasing its cash holdings to $2.19 billion, a move that suggests...
AVAX Price Outlook After Bitwise Files Staking ETF — Is a...
Avalanche (AVAX) fell sharply today, dropping 10.15% as the broader crypto market experienced another major downturn. Yet, despite the heavy decline, activity on the...
Metaplanet to Raise $150M to Expand Bitcoin Treasury Amid Market Downturn
Metaplanet is preparing to raise up to $150 million to increase its Bitcoin holdings, even as the broader crypto market experiences sharp volatility. The...
