Prenetics (PRE), a health-sciences company that raised $48 million earlier this year, partially to build a bitcoin treasury, said it decided to stop purchasing BTC amid prolonged weakness in the cryptocurrency market. The company rolled out its bitcoin accumulation strategy in June, following a model… Read More
Strategy CEO Phong Le says the company now has “more flexibility than ever” to continue accumulating bitcoin, citing a capital structure built on long-dated debt, opportunistic equity access, and no short-term refinancing pressure. Speaking on the most recent episode of the “What Bitcoin Did” podcast,… Read More
According to CoinDesk Research’s technical analysis data model, ether ETH$3,348.88 fell 3.3% to $3,331 in the past 24 hours, breaking below the key $3,400 support level despite evidence of aggressive whale accumulation. ETH-USD 1-Month Chart (CoinDesk Data) The decline wiped out recent gains as sellers… Read More
