Il y a 7 h
Strategy May Sell Bitcoin if Stock Value Falls Below $59B Crypto Holdings
Strategy holds approximately $59 billion in Bitcoin and may liquidate portions if its stock price drops below the value of its cryptocurrency assets. CEO Phong Le stated the company raised $1.4 billion in cash reserves to fund dividend and interest payments for up to two years without accessing its Bitcoin holdings. The firm is also exploring Bitcoin lending as an alternative strategy.
BTC
BTC+3.16%
Il y a 7 h
Il y a 7 h
Bitcoin Surges Past $93,000 as Federal Reserve Ends Quantitative Tightening
Bitcoin climbed nearly 7% in a single trading session, pushing its market capitalization above $1.86 trillion. The rally followed the Federal Reserve's decision to end its quantitative tightening program, which had removed approximately $2.4 trillion from the financial system since mid-2022. Major institutions including Vanguard and Bank of America have introduced crypto-friendly policies, with Vanguard announcing on December 2 it will permit trading of crypto-focused ETFs across Bitcoin, Ethereum, XRP, and Solana.
BTC
BTC+3.16%
Il y a 7 h
Il y a 9 h
YZi Labs Seeks Board Control of CEA Industries Managing $412M BNB Treasury
YZi Labs, the investment firm associated with Binance co-founder Changpeng Zhao, has filed a consent statement with the SEC seeking to reshape the board of CEA Industries (BNC), a publicly-traded company managing a substantial BNB treasury. The firm is requesting shareholder support to expand the board, install its own nominees, and reverse recent bylaw changes. BNC's treasury holds between 480,000 and 515,000 BNB tokens valued at approximately $412 million.
BNB
BNB+4.18%
Il y a 9 h