The Art of Making CryptoCurrency
DeFi Development Corp. (Nasdaq: DFDV) announced the acquisition of 172,670 solana ( SOL) tokens at an average price of $136.81, totaling approximately $23.6 million, marking the company’s largest purchase of solana to date and its tenth acquisition under its digital asset treasury strategy. Following this transaction, DeFi Development Corp. now holds a total of 595,988 […] Source link
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Microstrategy’s staggering $1.1 billion bitcoin acquisition solidifies its dominance as a crypto giant, raising curiosity about its bold investment strategy and shareholder impact. A $1.1B Bitcoin Buy Pushes Microstrategy’s Holdings to 461,000 BTC Software intelligence firm Microstrategy Inc. (Nasdaq: MSTR) announced on Jan. 21 updates on its bitcoin acquisition strategy, revealing substantial activity over the […] Source link
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The following is a heuristic analysis of GBTC outflows and is not intended to be strictly mathematical, but instead to serve as a tool to help people understand the current state of GBTC selling from a high level, and to estimate the scale of future outflows that may occur. Number Go Down January 25, 2024 – Since Wall Street came to Bitcoin under the auspices of Spot ETF approval, the market has been met with relentless selling from the largest pool of bitcoin in the world: the Grayscale Bitcoin Trust…
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