Strategy policy raises Bitcoin sale concerns
Strategy introduced a policy allowing selective sales of its 847,363 Bitcoin (CRYPTO:BTC) holdings to fund preferred dividend payments and share buybacks.
Strategy introduced a policy allowing selective sales of its 847,363 Bitcoin (CRYPTO:BTC) holdings to fund preferred dividend payments and share buybacks.
Blockchain analytics firm Allium reported that users from the United States were the largest political traders on Polymarket despite the platform blocking US access.
Enlitic (ASX:ENL) executed an agreement to raise $15 million through a conditional placement of new CHESS Depositary Interests.
The Australian Prudential Regulation Authority welcomed the federal Treasurer's announcement appointing two new joint deputy chairs.
Rio Tinto (ASX:RIO) commences immediate upgrades at its 1,500-room West Pilbara village after workers report a mould infestation.
BPH Energy (ASX:BPH) announced its 35.81% investee, Advent Energy, will appeal a Federal Court permit judgement.
Securitize began trading on the New York Stock Exchange after completing its merger with a Cantor Fitzgerald-backed special-purpose acquisition company and simultaneously launched tokenised versions of its shares on Solana (CRYPTO:SOL) and Avalanche (CRYPTO:AVAX).
Riversgold (ASX:RGL) has secured mining lease M25/389 for a renewable 21-year term over the Northern Zone of its Kalgoorlie Gold Project.
Bitwise Chief Investment Officer Matt Hougan said the recent decline in Strategy's STRC preferred stock suggests Bitcoin (CRYPTO:BTC) may be approaching a market bottom following a period of deleveraging.
Robinhood Markets rose more than 6% after Piper Sandler, BTIG and Mizuho reiterated Buy ratings, with price targets ranging from US$125 to US$135.
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