Strategy Spends $176M on STRC Buybacks and Buys No Bitcoin
Strategy bought 1,810,885 preferred shares for $176.3 million in the week to September 7 and left its 845,050 bitcoin untouched.
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Bitcoin's 9,000,000% Decade Traces to a Bank of America Note
A watcher.guru carousel ranks the best-returning asset of each decade and ends with bitcoin at 9,000,000% for the 2010s. That figure traces to a Bank of America Securities note from December 2019. A second tally of the same decade lands at 8,900,000%.
One Desk Says Bitcoin's Golden Cross Landed, Two Put It on Friday
CoinDesk says the 50-day average crossed the 200-day on Tuesday. Two other outlets measure it differently and put confirmation three days out.
White Hats Return 3,400 BTC to Liquid and Keep 598.5 for Themselves
The group that emptied Liquid's federation wallet sent back 3,400 BTC and kept 598.5. Four accounts value the remainder at $47 million and one at $48 million.
Metaplanet CEO Answers Shareholders Over a 319M-Share Option Pool
Simon Gerovich said Metaplanet had not explained its Series 10 rights clearly enough. Shareholders want 273 million shares cancelled and MMXX's owners named.
Dimon Still Calls Bitcoin a Pet Rock as JPMorgan Widens Crypto Access
A social post pairing Jamie Dimon's harshest bitcoin lines with JPMorgan's growing crypto offering is circulating again. The quotes check out. So does the gap between them and what the bank now lets clients do.
Better Can Reuse the Bitcoin Pledged Against Its Coinbase Mortgages
Better told CoinDesk it may reuse pledged bitcoin as long as it keeps an equivalent amount to return. Pre-applications since launch stand at $360 million.
The $8 Bitcoin Anniversary Post Cites Nakamoto Eight Months Too Late
An Instagram slide says Bitcoin was $8 exactly 15 years ago today, pinned to a BitcoinTalk post dated 18 August 2011. Satoshi Nakamoto's last public post on that forum was 12 December 2010. The date on the slide is also three weeks past.
BlackRock Cuts IBIT's Bitcoin Swap Minimum From $25M to $1M
BlackRock has cut the in-kind minimum on its iShares Bitcoin Trust from $25 million to $1 million, opening direct bitcoin-for-shares swaps to smaller institutions. Robbie Mitchnick told Bloomberg the fund keeps growing because access keeps widening.
SpaceX IPO Meme Puts Bitcoin at $63,000 as It Trades Near $78,000
A viral post shows crowds queuing for a SpaceX IPO while one lone buyer waits at a door marked Bitcoin $63,000. The tape disagrees. Bitcoin traded near $78,000 in early September, and the SpaceX listing closed back in June.
Blockstream's Liquid Pauses as $320M in Bitcoin Leaves the Federation
Roughly 4,000 bitcoin left Liquid's federation wallet on Sunday afternoon. Six accounts of the amount are on the record and none of them match.
Bitcoin's Climb From $60,000 to $80,000 Took Three Weeks, Not Five Days
An Instagram post credited Bitcoin with a $60,000 to $80,000 run in five days. The price levels hold up. The timeline does not: outlet records place the move across about three weeks, with one fast week in mid-August.