Strategy Eyes $1.5B Debt Buyback, Bitcoin Sales Looming
Strategy is making a serious play to slash its massive debt load, signaling that a sale of its beloved Bitcoin might be on the table. It's a significant shift for the crypto-hoarding firm.
Strategy is making a serious play to slash its massive debt load, signaling that a sale of its beloved Bitcoin might be on the table. It's a significant shift for the crypto-hoarding firm.
Thursday's 319.7 BTC transfer — worth $22.68 million — caps Bhutan's quiet fire sale. From mining pioneer to reluctant seller, the kingdom's pivot exposes crypto's harsh economics for small players.
$250 million in Bitcoin, gone in a quarter. Riot Platforms is betting big on AI, but after two straight quarters of sales, who's really winning here—the miners or the HODLers they mocked?