Strive’s new $500 million Bitcoin financing plan comes with a $257 million annual dividend problem
A hypothetical $500 million SATS financing assigns $387.5 million to Bitcoin, while actual pricing and capital deployment remain open. Read the full story on CryptoSlate…
Strive bought $280 million in Bitcoin, but Bitcoin per common share rose just 1.72%
Strive added 3,311 BTC, but gross Bitcoin per effective common share increased just 1.72% as common and preferred share counts grew. Read the full story…
Binance updates Anthropic mark per second to stop liquidation
Shunyet Jan describes Binance’s perpetual pricing method, while 21Shares’ certificate adds issuer-only recourse, affiliated note terms and costs beyond the 1% fee. Read the full…
Bitcoin plunges to $81,300 support as Fed hike odds hit 55% amid $100 million crypto wipeout
Bitcoin fell below $83,000 on Wednesday as hotter-than-expected US core inflation data revived expectations of further Federal Reserve interest rate hikes, triggering a fresh wave…