Strategy splits $603 million share sale between Bitcoin purchases and STRC support

Strategy raised $602.8 million by selling 4,531,421 MSTR common shares in one week, then split the proceeds among a renewed Bitcoin purchase, support for its STRC preferred stock, and additional cash.  Related Asset Bitcoin #1 BTC · $78,464.83 24-hour change: up 0.18% 24H Up 0.18% 7D Down 0.38% 30D Up 25.09%  The companys Aug. 31 filing attributed $369.7 million to buying Bitcoin, $151.8 million to repurchasing 1,557,177 STRC shares, $50.7 million to STRC dividends, and $30 million to its USD Cash account.  STRC is variable-rate cumulative perpetual preferred stock. The transaction shows Strategy using new common-stock proceeds for both Bitcoin accumulation and preferred-stock support.  The four disclosed uses total $602.2 million, $0.6 million below the filings rounded $602.8 million net-proceeds figure. The filing reports each amount to one decimal place but does not separately reconcile the difference.  Related Company Strategy Business intelligence software  Infographic showing Strategys $602.8 million of MSTR proceeds split among Bitcoin purchases, STRC repurchases, STRC dividends, and additional USD Cash.Bitcoin remained the largest destination  Strategy bought 4,603 BTC from Aug. 24 through Aug. 30 at an average price of $80,318, inclusive of fees and expenses. The purchase lifted its holdings from 840,447 BTC to 845,050 BTC, according to the filing and its official Bitcoin

09-01انڈسٹری

Tom Lee Says September Crash Fear Could Trigger a Stock Rally, Push Bitcoin 2x

Fundstrat‘s Tom Lee is treating September’s crash fear as a contrarian signal. He says a market this braced for weakness could rally instead, carrying Bitcoin (BTC) toward $150,000.  Lee has not dropped his correction call. He has moved it, pointing to the September 15 Federal Reserve (Fed) meeting as the moment that decides direction.  The September Fear Lee Is Betting Against  The fear has an evidence base, because across 10 US midterm election years since 1986, the average stock market low landed on September 2.  Those lows followed an average slide of 16.77% from the prior high. That history is what makes the current dangerous September pattern worth watching.  This year adds a hawkish twist. Three Fed presidents voted for a rate hike in July, not a cut. Chair Kevin Warsh then used his first Jackson Hole speech to put inflation first. Six-month PCE inflation was running at 4.1%.  Bonds tell the same story, with the 30-year Treasury yield has held above 5%, well clear of an effective fed funds rate near 3.63%.  US Treasuries and Bitcoin Price Performance. Source: TradingView  “Im actually now thinking because of all this mounting concern, the market might surprise us to the upside,” Lee said, suggesting he sees a crowd leaning too

09-01انڈسٹری

Kalshi bans George Santos for $17,839 market manipulation

Kalshi has permanently banned former U.S. Representative George Santos and imposed a $71,356 penalty after finding that he manipulated an attendance market to earn $17,839.57.  Kalshi‘s Aug. 28 disciplinary notice said Santos placed large trades between Feb. 2 and Feb. 25 in contracts that paid according to whether he attended President Donald Trump’s 2026 State of the Union address.  Kalshi says Santos traded an outcome he could control  As the person whose attendance determined the contracts result, Santos had direct influence over the event. Kalshi Rule 5.17(z) prohibits members from trading contracts when they can affect the underlying outcome.  Despite the restriction, Santos bought and sold contracts tied solely to his own attendance, the compliance department found. His trades involved both “Yes” contracts, which would pay if he appeared at the event, and “No” contracts, which would pay if he did not.  During the trading period, Santos published several statements about his travel and attendance plans. Kalshi said some of the posts were false or misleading and were made to move prices before he purchased or sold the relevant contracts.  The exchange determined that the statements had their intended effect on the market. By moving between “Yes” and “No” positions while controlling information about his plans,

09-01انڈسٹری

Strategy makes first Bitcoin purchase since June, investing $370 million

Strategy (MSTR) splashed $369.7 million to acquire 4,603 Bitcoin (BTC) for its corporate treasury last week, its first purchase since June.  Strategy funds Bitcoin purchase and STRC buybacks through ATM proceeds  The companys BTC acquisition last week averaged $80,318 per BTC, boosting its total holdings to 845,050 BTC, according to a filing with the US Securities and Exchange Commission (SEC) on Monday.  Strategy funded the purchases with proceeds from its at-the-market (ATM) stock offering program, which generated $602.8 million from sales of its Class A common stock (MSTR). The company allocated $369.7 million from the proceeds toward Bitcoin purchases.  Discover more  Currencies & Foreign Exchange  Engineering & Technology  FINANCE  Strategy also repurchased 1.5 million shares of its STRC preferred stock for $151.8 million, while $50.7 million funded dividends on STRC stock. It added $30 million to its USD Cash liquidity account.  Strategy noted that $364.8 million remained available under its Digital Credit Securities Repurchase Program, while $1 billion remained available under its MSTR common stock repurchase program.  The purchase marks Strategys first acquisition since late June, when it acquired 520 BTC. Between then and this purchase, the company sold roughly 6,916 BTC for $432.5 million, with two sales recorded in early August and its largest sale, 2,225 BTC, in early

09-01انڈسٹری

Phemex puts 82 tokens on notice over liquidity and project compliance concerns

Phemex placed 82 unique USDT spot pairs under Special Treatment on Aug. 31, requiring users to pass a mandatory Risk Cognizance Test before trading them. The restriction took effect at 10:00 UTC and applies to established assets including ETC, XTZ, SNX, YFI, NEXO, AXS, USDe and TUSD.  Related Company Phemex Fast cryptocurrency and derivatives exchange  The exchange announced the move in separate 43-pair and 40-entry notices. Together, the pages contain 83 entries, but MAGIC/USDT appears twice in the second notice, leaving 82 distinct markets.  Infographic showing Phemexs Special Treatment review of 82 USDT spot pairs, including risk criteria, affected pairs, and possible delisting.The 82 pairs under review  The first notice lists SHELL/USDT, PORTO/USDT, ANKR/USDT, SPELL/USDT, OPEN/USDT, CVC/USDT, DOLO/USDT, AIN/USDT, KERNEL/USDT, ORDER/USDT, TURTLE/USDT, GIGA/USDT, KAT/USDT, ZKP/USDT, DOOD/USDT, NS/USDT, WCT/USDT, TKO/USDT, FIDA/USDT, ZBCN/USDT, 1000SATS/USDT, RED/USDT, ALLO/USDT, TFUEL/USDT, GWEI/USDT, 2Z/USDT, SIREN/USDT, RAVE/USDT, HEI/USDT, BANK/USDT, Q/USDT, TST/USDT, BLUAI/USDT, PHA/USDT, AXS/USDT, NEXO/USDT, MMT/USDT, COTI/USDT, KSM/USDT, ALICE/USDT, SLP/USDT, POPCAT/USDT, and C98/USDT.  Related Asset Tether USDT · Stablecoin  The second notice has 40 entries but 39 unique pairs: GNS/USDT, API3/USDT, YFI/USDT, MEME/USDT, CFX/USDT, ID/USDT, REZ/USDT, ACT/USDT, ZK/USDT, MAGIC/USDT, CYBER/USDT, MASK/USDT, HMSTR/USDT, CATI/USDT, DOGS/USDT, ME/USDT, AUDIO/USDT, G/USDT, METIS/USDT, XTZ/USDT, ETC/USDT, PORTAL/USDT, XAI/USDT, SNX/USDT, BANANA/USDT, JOE/USDT, USDE/USDT, 1000000BABYDOGE/USDT, GMT/USDT, TUSD/USDT, DIA/USDT, SOLV/USDT, RPL/USDT, 1000CHEEMS/USDT, B2/USDT,

09-01انڈسٹری

These 2 Bitcoin Derivatives Signals Could Trigger a Long Squeeze: Analyst

Bitcoin could face forced selling if leveraged longs return and BTC subsequently loses key support levels.  Bitcoins derivatives market is showing a curious split, with open interest falling nearly 4% since August 21, while funding costs for long positions have risen quickly.  Analyst Axel Adler Jr. says that combination could leave BTC exposed to a long squeeze if traders start rebuilding leverage while maintaining an increasingly bullish bias.  Falling OI Meets Rising Funding  In Adler‘s latest brief, he put the focus on what is happening beneath Bitcoin’s price, with BTC-denominated open interest falling from 331,100 BTC on August 21 to 318,600 BTC on August 31, a decline of 3.8%. Over the past 24 hours, another 2,850 BTC has left open positions.  That means the derivatives market is still in a deleveraging phase following the short squeeze. But traders have not rushed to rebuild the amount of leverage that was cleared out during the earlier move.  Meanwhile, funding tells a different story, with the current funding rate at 0.00906%, while the eight-hour average sits at 0.00821% and the 24-hour average at 0.00725%. The shorter-term average is already 13% above the 24-hour figure, pointing to a stronger preference for long positions among active traders.  “The shorts have already been

09-01انڈسٹری

George Santos Bet on Whether He'd Show Up to the State of the Union—Kalshi Just Banned Him for Life

In briefKalshi permanently banned former Rep. George Santos and fined him $71,356 for manipulating a market tied to his own attendance at the State of the Union address—its first lifetime ban of a former member of Congress.Kalshi found Santos placed large trades between Feb. 2 and 25, then made false or misleading public statements to move prices, profiting $17,839.57 and violating rules on manipulation and trading with influence over an outcome.Its the latest integrity scandal to hit prediction markets, following multiple recent cases.  Prediction market Kalshi has permanently banned former Rep. George Santos, finding that he manipulated a market tied to his own attendance at the State of the Union address and pocketed nearly $18,000 in the process.  In a disciplinary notice dated Aug. 28, Kalshis compliance department said Santos placed a series of large trades between Feb. 2 and Feb. 25 in a market whose outcome hinged on whether he would attend the event.  Myriad: When will Polymarket launch its token? Click to make your prediction.  As someone capable of influencing that outcome, Santos was barred from trading it under exchange rules. He then made a string of public statements about his attendance, some of them false or misleading, in a bid to

09-01انڈسٹری

GRAM price rebounds as Telegram begins wallet rollout

GRAM has rebounded toward $1.40 after Telegram began releasing its self-custodial Gram Wallet to selected users, while trading volume jumped about 137% around the announcement.  SummaryGRAM gained about 2% over 24 hours after briefly approaching $1.46.Telegram will release Gram Wallet gradually to its billion-plus users.The wallet supports self-custody, fee-free transfers, and Telegram Collectibles.GRAM faces immediate resistance near $1.39, followed by $1.45.  Telegram begins phased Gram Wallet release  Telegram CEO Pavel Durov said the company had started giving selected users access to Gram Wallet before expanding availability over the next several weeks.  “Well be gradually rolling it out to our billion+ users over the next couple of weeks,” Durov said in a Telegram post.  BREAKING: Gram Wallet on Telegram launches for select users, rolling out to billion+ users over the next couple weeks. pic.twitter.com/fx1upeWEzN  — MSB Intel (@MSBIntel) August 31, 2026  Built directly into the messaging app, Gram Wallet will become the default wallet displayed in Telegrams user settings. The product uses a self-custodial structure, allowing users to control their assets instead of leaving custody with a centralized service provider.  You might also like:  Telegram applies for .gram domain to offer users personal websites  Telegram plans to support instant, zero-fee transactions through the wallet, according to Durov. Users will be able

09-01انڈسٹری

What would it take to bring Hyperliquid to the US? Former SEC counsel explains

Hyperliquid has faced a potential 10-to-12-month regulatory process to enter the U.S. market even if federal agencies move quickly, according to former SEC senior counsel Ashley Ebersole, after President Donald Trump said regulators were working on a compliant route for the perpetual futures platform.  Ashley Ebersole, co-founder and chief legal officer at tx and a former senior counsel at the U.S. Securities and Exchange Commission, told crypto.news that the main obstacle is not simply securing permission for Hyperliquid to operate in the country. U.S. regulators would first have to establish how offshore-style crypto perpetual futures fit within existing securities and derivatives laws.  President Donald Trump brought the issue into focus on Aug. 19 during a White House meeting with crypto and financial industry executives. Trump said Commodity Futures Trading Commission Chair Michael Selig was working to bring Hyperliquid into the United States in a “fully compliant and legal fashion.” Contemporary reports did not identify an approval, regulatory structure, or timetable for such a move.  The comments came as the administration pressed Congress to advance the Digital Asset Market Clarity Act. As previously covered by crypto.news, Trump used the same Aug. 19 meeting to urge lawmakers to pass the legislation, which would establish clearer

09-01

Big Whales Are Very Active in Cryptocurrencies: Their Latest Trades Have Come to Light

Large-scale Bitcoin and Ethereum transfers by institutional investors are attracting attention in the cryptocurrency market. On-chain data shows that one institution sent approximately $129 million worth of Ethereum to centralized exchanges in the last two days, while hundreds of millions of dollars worth of transactions also took place on Cumberland and Metaplanet.  According to shared data, an unnamed entity has transferred a total of 52,739 $ETH to six centralized cryptocurrency exchanges, including Binance and OKX, since yesterday. The current value of these Ethereum tokens is approximately $129 million.  It is stated that 101,561 $ETH, or approximately $249 million worth of Ethereum, is currently held at the relevant addresses.  According to on-chain data, these ETHs were withdrawn from Coinbase in 2021 and 2022 at an average cost of $1,700. The assets were deposited into the Ethereum network for staking purposes in 2023, and were removed from staking positions in January of last year. Over the past two days, the ETHs have been observed to be collected in two wallets before being sent to different centralized exchanges.  On the other hand, institutional cryptocurrency trading company Cumberland moved in the opposite direction. Cumberland withdrew 15,390 $ETH, worth approximately $37.66 million, from Binance and moved the assets to

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