Bitcoin News page 23

The company raised $334 million but directed the funds toward reserves and preferred stock repurchases rather than new bitcoin purchases. Strategy, the business intelligence firm turned bitcoin treasury company led by Michael Saylor, has repurchased $132 million of its STRC preferred stock. The company also increased its U.S.

The bitcoin-holding company raised roughly $333.7 million through share sales but did not add to its bitcoin position this cycle. Strategy, the company formerly known as MicroStrategy, raised roughly $334 million by selling shares of its common stock, MSTR, according to disclosures reviewed by multiple outlets.

CryptoBriefing and Yahoo Finance both cover HIVE Digital's $350M GPU cloud contract but disagree on who the customer actually is. CryptoBriefing and Yahoo Finance both cover HIVE Digital's $350M GPU cloud contract but disagree on who the customer actually is. What all sources agree on The deal is worth approximately $350 million over five years.

A root-access flaw in macOS Screen Sharing let intruders hijack rented Mac machines to run cryptojacking malware Apple has issued a patch for a macOS security flaw that let attackers seize root-level control of affected machines. The vulnerability was tied to the operating system's Screen Sharing login process, according to reports on the issue.

The bitcoin-holding company sold new shares but did not add to its crypto treasury this week. Strategy has confirmed it raised $334 million through sales of its common stock last week. The company did not direct any of that capital toward bitcoin purchases, a departure from its usual approach.

Michael Saylor's company boosted cash reserves to $4.8 billion while repurchasing more STRC shares last week Strategy, the company chaired by Michael Saylor, sold $337 million worth of its MSTR common stock, according to a disclosure covered by CryptoBriefing. The sale did not translate into new bitcoin purchases.

Risk assets caught a bid after reports of a diplomatic extension eased fears of renewed Middle East conflict. Bitcoin gained on Monday after reports surfaced that the United States and Iran had reportedly agreed to extend an existing 60-day ceasefire. CoinGape first reported the development, with CryptoBriefing publishing a similar account shortly after.

The firm's cash reserve climbed to $4.8 billion after the equity sale, with no new bitcoin bought or sold. Strategy, the business intelligence firm known for its large bitcoin treasury, sold 3.46 million shares of its MSTR stock to raise $334 million, according to CryptoBriefing and The Block.

Cointelegraph — Markets and CryptoBriefing both report Bitcoin closed below its 200-week moving average echoing 2022, but disagree on when this happened and at what price levels. Cointelegraph — Markets and CryptoBriefing both report Bitcoin closed below its 200-week moving average echoing 2022, but disagree on when this happened and at what price levels.

HYPE and LINK outperform the broader altcoin market even as US Bitcoin funds record heavy withdrawals. Bitcoin held near $63,460 on August 17, keeping its position within a tight recent trading band. The price stability came even as US spot Bitcoin exchange-traded funds recorded a combined outflow of $390 million, according to data cited across…

Tudor Investment Corporation raised its stake in BlackRock's spot Bitcoin ETF by 19% to about $23 million. Tudor Investment Corporation, the firm founded by billionaire investor Paul Tudor Jones, has increased its exposure to BlackRock's spot Bitcoin exchange-traded fund. The move marks a reversal after roughly a year of steady selling of the position.

The two largest corporate Bitcoin holders are structuring their strategies around per-share accumulation metrics rather than short-term price moves. Strategy and Metaplanet have emerged as the two biggest corporate holders of Bitcoin. Both companies are reportedly emphasizing a strategy built on accumulation math rather than price forecasts.

Spot Bitcoin ETFs shed capital for the week while Ethereum ETFs broke a five-week run of inflows. Spot Bitcoin exchange-traded funds bled $390 million in net outflows over the past week, marking a notable reversal from recent inflow trends. The figure was reported consistently across multiple crypto news outlets tracking fund flow data.

The five-year contract adds an estimated $70 million in annualized revenue as the Bitcoin miner expands its AI compute business. HIVE Digital Technologies' high-performance computing arm, BUZZ HPC, has signed a five-year GPU cloud contract worth $350 million, according to reports from CryptoBriefing and The Block.

Ethereum co-founder praises Bitcoin's Utreexo technology as a model for lighter, more efficient blockchain scaling. Vitalik Buterin, the co-founder of Ethereum, has credited Bitcoin developers with scaling innovations that could inform Ethereum's own technical direction.

Regulatory filings show the billionaire investor's fund sharply increased exposure to AI infrastructure while cutting semiconductor holdings. Duquesne Family Office has exited its stakes in chipmakers Micron and Intel, according to disclosures reviewed by financial news outlets.

The Austrian financial regulator's action marks the first publicly disclosed enforcement case under the EU's new crypto rulebook. Austria's financial market regulator has fined Bitpanda 70,000 euros, according to reports from Bitcoin.com News, Finance Magnates and Cointelegraph.

The bank's economists argue traders have gone too far in pricing additional Federal Reserve tightening. Goldman Sachs has pushed back against market expectations for additional Federal Reserve rate hikes, according to a report from CryptoBriefing. The bank's economists reportedly view current pricing for further tightening as overdone relative to the underlying economic backdrop.