Benchmark Defends $570 Strategy Target, Clarifies STRC Preferred
The reiteration lands after STRC, Strategy's perpetual-preferred instrument, sold off hard enough that Benchmark had to publicly remind the market it is not a stablecoin.
Crypto business news — institutional moves, funding rounds, payments, partnerships, and country-level adoption.
The reiteration lands after STRC, Strategy's perpetual-preferred instrument, sold off hard enough that Benchmark had to publicly remind the market it is not a stablecoin.
Saylor's treasury added to its position at $67,068 last week, but the 847,363 BTC stack still carries a $9.15B unrealized loss against an average cost of $75,651.
Bitmine's $10B ETH stack is sitting on over $9.5B in unrealized losses at an average cost basis near $3,440, and the treasury keeps adding to a position that is roughly 4.7% of all ETH in circulation.
Bitmine is 94% of the way to owning 5% of ETH, but the pace is slowing and its preferred-share financing push is running into the same pressure that has weighed on Strategy's MSTR.
The META AI forecast lands inside the cluster of major bank and sell-side targets, not above it, and the framing leans on halving-cycle history plus ETF flows turning positive rather than any new…
The network's difficulty beta has climbed to 0.62, miners are five months underwater, and the public miners liquidated 32,000 BTC in Q1 alone, more than all of 2025.
The headline is the valuation step, but the real signal is who is writing the checks: Index Ventures, a generalist that usually backs consumer software, betting that onchain trading becomes a…
A modest ticket by Saylor's standards, but the cadence of disclosed buys is the signal: treasury accumulation is now mechanical, not opportunistic, and the average cost basis keeps drifting higher.
The bitcoin addition is a rounding error on a 847,363-BTC balance sheet, but the $300M cash build is the real message: Saylor is funding STRC's dividend bid directly out of common-stock issuance.
Greenspan led the Federal Reserve from 1987 to 2006, steering the US economy through the dot-com bust, the 2001 recession, and into the housing build-up that preceded the 2008 crisis.
The world's largest money-transfer operator is now a validator on a third network, and the read is that cross-border payment rails are being rebuilt on public-chain infrastructure from the inside.
The move is part retreat from a maturing market, part opt-in to a survivalist lifestyle; either way, it signals how some early holders are hedging outside the blockchain.
Seed capital still chases AI, yet late-stage rounds are 12.6x larger, a sign that conviction is concentrating in fewer, more mature bets.
Saylor's treasury machine kept printing BTC through MSTR stock issuance even as the preferred-equity leg of the capital stack ran into a price slide worth flagging.
A 118-year-old Scottish asset manager is issuing a dollar-denominated corporate-bond fund directly onchain, with BNY handling the rails.
Six straight weeks of redemptions and a cumulative $5.94B drain are the headline, but the 2-year yield decoupling from collapsing oil is the more dangerous signal for BTC's near-term recovery odds.
Stock+ lets users buy fractional US equities with USDC through regulated brokers, the latest move to collapse the gap between digital-asset wallets and traditional market access.
Charles Schwab teaming up with Cboe puts a major TradFi retail broker directly into event-contract trading, accelerating the squeeze on Polymarket and Kalshi's retail base.
JAN3's CEO argues the preferred stock's built-in yield adjustment and capital-gain incentive make the discount self-correcting, no issuer intervention required.
A research-forum pitch to skim up to 10% of staking rewards for ecosystem funding lands hardest on Bitmine, whose $258M validator revenue is the single biggest exposure on Ethereum.