Bitcoin Has Pulled Strategy's Massive Treasury Back Above Water
Strategy's 840,447 BTC position has crossed back into unrealized profit after Bitcoin climbed above the company's $75,385 average acquisition price. The reversal is striking because only days earlier the same treasury was sitting on...
Riot Is Turning Its Bitcoin Treasury Into AI Infrastructure
Riot Platforms is increasingly using its Bitcoin reserves as capital for a much larger bet on AI data centers. The public miner sold thousands of BTC during the second quarter as mining revenue declined, while simultaneously...
Saylor’s Treasury Machine Just Moved Past BlackRock
Strategy has crossed a symbolic line in the institutional Bitcoin race. After buying another 34,164 BTC for $2.54 billion during April 13-19, the company lifted its balance to 815,061 BTC and moved ahead of BlackRock’s iShares Bitcoin Trust by...
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