Across the United States, Bitcoin is gaining traction far from coastal tech hubs, driven by cultural alignment, local educators and emerging state-level legislation.
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Strategy Starts 2026 With $116M Bitcoin Buy, Posts $17B Loss in Q4
Strategy, the world’s largest corporate holder of bitcoin, began the new year with its first purchase of 2026 while reporting a steep fourth-quarter paper loss as Bitcoin prices slid late last year. Strategy acquired 1,283 Bitcoin (BTC) for $116 million, boosting its holdings to 673,783 worth $62.6 billion purchased at an average cost basis of…
Middle East Tensions Drive Flight to Gold as Investors Exit Equities, BTC
Rising tensions in the Middle East are pushing investors toward safe-haven assets, with gold demand climbing as investors flee equities and crypto markets. On Wednesday, reports revealed that Iran has sharply increased crude oil exports, with shipments from Kharg Island reaching 20.1 million barrels between Feb. 15 and Friday, about three times January’s level, as…
Bitcoin in 401(k)s Come With Serious Risks
US President Donald Trump signed an executive order on Aug. 7, allowing crypto in 401(k) retirement plans. The crypto industry has called the move a win for adoption, but investment professionals warn it comes with significant risk. The order “Democratizing Access to Alternative Assets for 401(k) Investors” directed US financial regulators to expand access to…
Strategy Adds 430 Bitcoin As BTC Hits $124K Ahead Of Dip
Michael Saylor’s Strategy, the world’s largest public Bitcoin holder, has added more BTC to its balance as the price swung to new all-time highs before retreating last week. Strategy acquired 430 Bitcoin (BTC) for $51.4 million during the week ending Sunday, according to a US Securities and Exchange Commission filing on Monday. The new Bitcoin…
Bitcoin Drop To $105K Possible As Whales Keep Selling
Key takeaways: Bitcoin’s sharp rebound after Jackson Hole fizzled into a bearish weekly engulfing candle. Onchain data shows $105,000 as the key support as mid-size wallets sell. Seasonal weakness and spot BTC ETF fatigue raise risks of a drop toward $100,000–$92,000. Bitcoin (BTC) posted a sharp rebound on Friday, gaining 3.91% to $117,300 from $111,700…
Jack Dorsey’s Block May Slash Up To 10% of Staff: Report
Jack Dorsey’s payments company Block Inc. has begun informing hundreds of employees that their roles could be eliminated during annual performance reviews, as the firm undertakes a wider restructuring effort. As much as 10% of Block’s workforce may be affected, Bloomberg reported on Sunday, citing people familiar with the matter. The company employed just under…
