Strategy is taking a breather from buying bitcoin. Michael Saylor said Sunday the company would not add to its bitcoin holdings this week, pausing its regular purchase program ahead of Tuesday’s first-quarter earnings release. “No buys this week. Back to work next week,” Saylor wrote… Read More
A second corporate accumulator of cryptocurrency is starting to look a lot like the first. Bitmine Immersion Technologies (BMNR), the treasury firm chaired by Fundstrat’s Tom Lee, bought 101,901 ether (ETH) worth roughly $234 million last week. That’s close to the regular weekly purchases from… Read More
A bipartisan duo in the U.S. House of Representatives is circulating a draft bill that would streamline tax rules for investors, traders and developers by explaining how they would handle reporting their taxes on staking, low value transactions and wash sales. Representatives Max Miller of… Read More
The effort is starting small, but Texas made an opening foray into a state-based crypto reserve — getting closer to the first government stockpile in the U.S.
Ark Invest bought $30.5 million worth of shares in Circle Internet (CRCL) on Wednesday as the issuer of the second-largest stablecoin fell 12%. Cathie Wood’s investment management firm added a total 353,328 CRCL shares across three of its exchange-traded funds (ETFs): Innovation (ARKK), Next Generation… Read More
