Key Highlights: A new Bank for International Settlements paper by economist Iñaki Aldasoro argues that bitcoin cannot function as money because it lacks trust architecture, a lender of last resort, and a responsive supply — while Strategy co-founder Michael Saylor contends bitcoin is capital, not currency, and is too valuable to be spent. Despite reaching ...
Key Highlights: Arkham’s Strategy-labeled wallet profile showed approximately 478,199 BTC across about 1,600 addresses, valued at $40.28 billion at a bitcoin price of $84,238. Strategy reported total holdings of 847,666 BTC after purchasing 1,665 BTC for $142.7 million between Sept. 21 and Sept. 27. Arkham analyst Emmett Gallic said 3,568 BTC moved from Strategy-labeled addresses ...
Key Highlights MSCI’s proposed index methodology could affect companies with large holdings of bitcoin, uranium, satellites or mineral assets. JPMorgan estimated Strategy’s possible removal could trigger about $2.8 billion in selling by MSCI-tracking funds, rising to $8.8 billion if other providers followed. The Bitcoin Policy Institute argues that MSCI’s definition of “operating assets” could have ...
Bitcoin price traded just below $78,000 on Sept. 1 after retreating from the $81,000 area. Fading trend strength, Federal Reserve rate concerns and nearby liquidation…
Strategy’s perpetual preferred stock, Stretch (STRC), continues to trade below its $100 par value despite the company’s ongoing repurchase efforts. The bitcoin treasury company has…