Strategy (MSTR), the world’s largest corporate bitcoin BTC$64,589.09 holder, raised its cash reserve by roughly $225 million last week after selling common stock, bolstering liquidity while leaving its bitcoin holdings unchanged. Michael Saylor, executive chairman of the firm, said Monday that Strategy now holds a… Read More
Strategy’s recent bitcoin sale, the first in more than three years, sparked a major dispute on Polymarket, with the dispute settlement body led by UMA token holders ultimately ruling against bettors who wagered the sale would occur by May 31. The controversy began after Strategy… Read More
The capital raise will support balance sheet restructuring and the company’s bitcoin strategy.
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
