Tag: Cash

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Strategy (MSTR) has a 10-month cash runway for dividends, but retail investors are losing faith

STRC trading well below its $100 target level simply makes Strategy's bitcoin acquisition and funding engine less efficient, because the company can no longer...

Michael Saylor’s MSTR boosted BTC and cash holdings

Michael Saylor and his embattled Strategy (MSTR) sold more common stock last week, using the proceeds to add a relatively small amount of bitcoin...

Bitcoin Cash (BCH) drops 3.1%, leading index lower

CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index.The CoinDesk 20 is currently trading...

BlackRock launches bitcoin income fund as investors seek cash flow from crypto

The new fund offering comes as bitcoin struggles to break out of a bear market, trading around $67,000, down about 23% year to date....

Stablecoins Were Meant to Disrupt Finance. Instead, They Became Idle Cash.

Crypto tried to solve this with its own version of yield. We tried staking rewards, liquidity mining, and levered DeFi strategies. At first glance,...

Big banks are ditching private blockchains to build tokenized cash networks on public infrastructure

Banks are focusing on pulling stablecoins and tokenized forms of more traditional financial instruments into one integrated package to meet growing institutional demand for...

Strategy Buys 1,550 BTC for $101M One Week After Selling 32, Cash Reserve Hits $1B

Strategy purchased 1,550 bitcoin for $101.3 million between June 1 and 7, one week after its first BTC sale since 2022. Cash reserve reached...

MSTR buys 1,550 BTC, boosts cash reserves to $1 billion

Strategy (MSTR) acquired 1,550 bitcoin for approximately $101 million, increasing its total holdings to 845,256 BTC, according to a Monday announcement from Executive Chairman...

CoinDesk 20 performance update: Bitcoin Cash (BCH), up 1.5%, is only gainer

NEAR Protocol (NEAR) declined 15.2% and Internet Computer (ICP) dropped 13.1%, leading the index lower.

Bitcoin Cash (BCH) falls 10.7%, leading index lower

CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index.The CoinDesk 20 is currently trading...

STRC slips below par as Strategy’s (MSTR) cash reserves face growing scrutiny

Disclosure: The author of this story owns shares in Strategy (MSTR).Strategy's perpetual preferred security, Stretch (STRC), fell as low as $97.11 on Thursday as...

Cash App Goes Live With Fee-Free USDC Transfers, Framing Stablecoins as a Path to Bitcoin

Block's payments app, home to 59 million monthly active users, now supports sending and receiving USDC across four blockchain networks with no wallet setup...