After Buying More Bitcoin Than It Sold, Strategy Wins Dividend Approval as Holdings Hit 845,256 BTC
BitcoinBitcoin.com News2026-06-08 16:20
Strategy secured approval to pay STRC dividends twice monthly as its bitcoin holdings climbed to 845,256 BTC. The move follows recent treasury activit...
Strategy secured approval to pay STRC dividends twice monthly as its bitcoin holdings climbed to 845,256 BTC. The move follows recent treasury activity and could reshape how income investors view the company’s preferred stock. Strategy’s STRC Shift Could Change How Investors Price Preferred Income After buying 1,550 BTC and selling 32 BTC one week earlier, […]
Sam Bankman-Fried Files Formal Trump Pardon Request as FTT Jumps 50%
BitcoinBitcoin.com News2026-06-08 15:40
Sam Bankman-Fried, the convicted FTX co-founder serving a 25-year federal prison sentence, formally submitted a presidential pardon application to the...
Sam Bankman-Fried, the convicted FTX co-founder serving a 25-year federal prison sentence, formally submitted a presidential pardon application to the U.S. Department of Justice’s Office of the Pardon Attorney on June 8, 2026. Breaking: Formal Petition Confirmed Bloomberg first reported the filing on Monday morning. The application is now visible on the DOJ’s public clemency […]
Bitcoin ETFs Lose $1.72B in Second-Largest Weekly Outflow Since Launch
BitcoinBitcoin.com News2026-06-08 15:00
Crypto ETF flows stayed under pressure from June 1 to June 5, with bitcoin funds posting a fourth straight week of withdrawals and ether ETFs also end...
Crypto ETF flows stayed under pressure from June 1 to June 5, with bitcoin funds posting a fourth straight week of withdrawals and ether ETFs also ending firmly negative. The weakness was not uniform, however, as HYPE and XRP ETFs drew inflows while solana slipped back into redemptions. Bitcoin and Ether ETFs Lose $1.89B While […]
Bitcoin Punches Back Above $63K as Nasdaq Claws Back 1.3% From Worst Drop in a Year
BitcoinBitcoin.com News2026-06-08 14:20
Bitcoin climbed back above $63,000 Monday morning as institutional buyers stepped in and U.S. lawmakers advanced key crypto legislation, pushing the t...
Bitcoin climbed back above $63,000 Monday morning as institutional buyers stepped in and U.S. lawmakers advanced key crypto legislation, pushing the total digital asset market cap to $2.19 trillion. Institutions Buy the Dip Strategy purchased an additional 1,550 BTC for approximately $101 million, according to data circulating Monday. The move came as bitcoin traded near […]
Strive Buys 32 Bitcoin at $63,900 Average, Bringing Total Holdings to 19,032 BTC
BitcoinBitcoin Magazine2026-06-08 14:01
Bitcoin Magazine
Strive Buys 32 Bitcoin at $63,900 Average, Bringing Total Holdings to 19,032 BTC
Strive, Inc. (Nasdaq: ASST) disclosed Monday that i...
Bitcoin Magazine
Strive Buys 32 Bitcoin at $63,900 Average, Bringing Total Holdings to 19,032 BTC
Strive, Inc. (Nasdaq: ASST) disclosed Monday that it purchased 32 bitcoin between June 2 and June 7, 2026, at an average cost of approximately $63,911 per coin — inclusive of fees and expenses — for a total outlay of roughly $2.1 million, according to a Form 8-K filed with the U.S. Securities and Exchange Commission. […]
This post Strive Buys 32 Bitcoin at $63,900 Average, Bringing Total Holdings to 19,032 BTC first appeared on Bitcoin Magazine and is written by Micah Zimmerman.
Tom Lee Says AI Systems Will Lift Ethereum Demand as Bitmine Stacks 5.54M ETH
BitcoinBitcoin.com News2026-06-08 13:40
Bitmine Immersion Technologies now controls 4.59% of the entire ethereum supply after accumulating 5.54 million ETH valued at approximately $9.04 bill...
Bitmine Immersion Technologies now controls 4.59% of the entire ethereum supply after accumulating 5.54 million ETH valued at approximately $9.04 billion at current prices. Holdings Overview The Norwalk, Connecticut-based company disclosed total crypto, cash, and “moonshot” holdings of $9.6 billion as of June 7, 2026. The breakdown includes 5,543,872 ETH at $1,630 per token, 204 […]
Strategy (MSTR) Restarts Bitcoin Purchases After Selling, Buys 1,550 BTC for $101 Million
BitcoinBitcoin Magazine2026-06-08 13:20
Bitcoin Magazine
Strategy (MSTR) Restarts Bitcoin Purchases After Selling, Buys 1,550 BTC for $101 Million
Strategy resumed its bitcoin accumulation ...
Bitcoin Magazine
Strategy (MSTR) Restarts Bitcoin Purchases After Selling, Buys 1,550 BTC for $101 Million
Strategy resumed its bitcoin accumulation strategy with a $101 million purchase of 1,550 BTC, rebuilding confidence after its first bitcoin sale in years and bringing its holdings to 845,256 BTC.
This post Strategy (MSTR) Restarts Bitcoin Purchases After Selling, Buys 1,550 BTC for $101 Million first appeared on Bitcoin Magazine and is written by Micah Zimmerman.
Is Bitcoin Bottoming? MVRV Falls to 1.1, Entering the ‘Cheap Zone’ That Marked Every Major Low Since 2018
BitcoinBitcoin.com News2026-06-08 13:00
Bitcoin has slipped into what analysts call a “cheap zone,” with its market value to realized value (MVRV) ratio falling to 1.1, a 27-month low. A rea...
Bitcoin has slipped into what analysts call a “cheap zone,” with its market value to realized value (MVRV) ratio falling to 1.1, a 27-month low. A reading of this nature has historically preceded major market bottoms. A Reading Not Seen Since 2023 Cryptoquant analysts noted that bitcoin’s MVRV ratio has dropped to about 1.1, sitting […]
One Week After Selling 32 BTC, Strategy Buys 1,550 More for $101 Million
BitcoinBitcoin.com News2026-06-08 12:20
Strategy has added 1,550 bitcoin to its treasury for approximately $101 million, bringing its total holdings to 845,256 BTC and its USD reserve to $1....
Strategy has added 1,550 bitcoin to its treasury for approximately $101 million, bringing its total holdings to 845,256 BTC and its USD reserve to $1.0 billion. Executive Chairman Michael Saylor disclosed the purchase on X on June 8, 2026, sharing the company’s updated reserve figures. The announcement came exactly one week after Strategy’s first disclosed […]
South Korea Halts KOSPI Trading After 8.4% Crash Trips Circuit Breaker
BitcoinBitcoin.com News2026-06-08 11:40
South Korea’s KOSPI index plunged 8.4% on Monday, triggering a rare circuit breaker that froze trading for 20 minutes as a global semiconductor sellof...
South Korea’s KOSPI index plunged 8.4% on Monday, triggering a rare circuit breaker that froze trading for 20 minutes as a global semiconductor selloff battered Asian markets and rattled risk assets, including crypto. A Rare Trading Halt The Korea Exchange activated a Level 1 circuit breaker at 9:03 a.m. local time, suspending trading for 20 […]