Bitcoin sales are necessary for Strategy's digital credit business, Saylor says
Strategy's recent Bitcoin sale appeared to clash with Saylor's "never sell" mantra, but he says the move reflects how the company's digital credit business works.
Crypto News·
Bitcoin has fallen to 15th place among global assets by market capitalization. CompaniesMarketCap data placed BTC below several technology companies, Saudi Aramco, and newly listed SpaceX. The ranking came as Bitcoin traded near $63,800 with a market value of about…
Read full articleStrategy's recent Bitcoin sale appeared to clash with Saylor's "never sell" mantra, but he says the move reflects how the company's digital credit business works.
Binance disclosed that it now controls more than 60% of all SpaceX derivatives trading across centralized and decentralized exchanges, the company said Friday, after recording over $5.6 billion in SPCXUSDT volume in a single 24-hour period. SpaceX Futures Rank Second Only to Bitcoin at Binance SpaceX perpetual futures are now Binance‘s second-largest traded product by […]
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The SpaceX IPO is a "double-edged sword" for crypto, said one of the AIs.
Michael Saylor said SpaceX’s IPO marks a milestone for corporate Bitcoin adoption, arguing that 25% of the so-called Mag 8 now hold BTC on their balance sheets. In a June 13 X post, the Strategy chairman congratulated Elon Musk and…
SpaceX's innovative data center strategies could redefine digital asset infrastructure and boost its market valuation. The post Jordi Visser: SpaceX’s valuation hinges on Musk’s unmatched data center construction, the complexities of terrestrial versus space facilities, and the critical role of energy storage innovation | The Pomp Podcast appeared first on Crypto Briefing.
It is impossible to beat the stock market. But if you want to divest your retirement of Elon Musk-related companies, here is the best way to do so.