The post New Hampshire Council Votes Down $100M Bitcoin Bonds appeared on BitcoinEthereumNews.com.
Policymakers in New Hampshire’s executive council voted against a proposal that would have allowed the state to issue $100 million in bonds backed by Bitcoin (BTC). At a Wednesday hearing, the five-member panel voted 3-2 against the New Hampshire Business Finance Authority’s (BFA) proposed issuance of $100 million in BTC-backed bonds. The proposed investments, which the authority approved in November 2025, already had support from Governor Kelly Ayotte. “It was an extremely short-sighted decision,” said state representative Keith Ammon in a Thursday X post after the vote. “I can’t believe I witnessed it in person. They should gather all relevant facts and information and reconsider their vote at a future meeting.” Councilors Karen Liot Hill, Dave Wheeler and Janet Stevens voted against the measure, while Joseph Kenney and John Stephen approved it. The crypto investment vehicles, issued by
The post Polymarket sees 99%+ odds BTC stays above $60K by July 12 amid oil risks appeared on BitcoinEthereumNews.com.
Polymarket’s BTC July 12 Strike Ladder Holds Firm After Oil-Spike Macro Shock Headlines On Polymarket’s “Bitcoin above ___ on July 12?” ladder, traders are pricing a high probability that BTC stays above lower strikes into expiry, with $340,873 matched and little change in the top lines. The latest trigger was a report describing Bitcoin holding above $62,000 even as oil rose on renewed US-Iran fighting—testing how macro shock headlines translate into per-strike odds. Key Takeaways Polymarket’s leading line implies BTC will be above $52,000 on July 12 (Yes 99.95% / No 0.05%). The catalyst was a report linking renewed US-Iran hostilities and higher oil to macro risk, but the ladder still clusters around “above $60k” as the baseline expectation. The market resolves on 2026-07-12 16:00:00 UTC; the 24h and 7d summary shows 0.0 pp change with stable, low-vol pricing. A July
The post Standard Chartered Doubles Down on $100,000 BTC Target appeared on BitcoinEthereumNews.com.
Strategy fears are overblown Evolving price targets Despite Bitcoin facing plenty of turbulence, financial giant Standard Chartered is sticking by its bullish prediction, forecasting that the price of the leading cryptocurrency by market capitalization will surge to $100,000. Even though some analysts expect BTC to plunge way below the $60,000 level, the firm believes that the flagship cryptocurrency is actually a “screaming buy” at the current level (roughly $64,000). Strategy fears are overblown The market fear surrounding Strategy’s recent Bitcoin sales is actually overblown, according to Standard Chartered. ‘Not Happening’: Former SWIFT Exec Shuts Down XRP Integration Rumors XRP, Shiba Inu, Solana (SOL) and Ethereum (ETH) Price Analysis for June 10: Market Fuel Comes In Handy Last month, BTC plunged lower amid concerns about STRC, the dividend-paying preferred stock issued by
Empery Digital sold 1,400 BTC for $87.1 million to repay debt, fund a property acquisition, cover legal expenses and support operations.
The post Empery Digital trims Bitcoin holdings by $87M to fund debt and operations appeared first on Crypto Briefing.
The post Bitcoin Treasury Firm Empery Digital Dumps Nearly Half of BTC Holdings for $87 Million appeared on BitcoinEthereumNews.com.
In brief Since May 7, Empery Digital sold 1,400 Bitcoin for about $87.1 million, slashing its BTC treasury by nearly half. The firm repaid $10 million in debt, funded a pending property acquisition, and covered legal costs from ongoing stockholder litigation. As of July 10, the company holds 1,514 BTC and roughly $73.9 million in cash. Publicly traded Empery Digital Inc. has sold nearly half its Bitcoin treasury since early May, using the proceeds to pay down debt, prepare for an AI-related real estate acquisition, and cover mounting legal bills tied to a shareholder lawsuit, according to an SEC filing this week. The company disclosed it sold 1,400 BTC since May 7 at an average price of about $62,200 per coin, generating roughly $87.1 million in gross proceeds. Of that total, $10 million went toward retiring outstanding debt on July 7. The remainder is ea
The post Following Nakamoto: Another Treasury Firm Drops $87 Million in Bitcoin for AI Pivot appeared on BitcoinEthereumNews.com.
Public companies continue to rethink the strategy of permanent cryptocurrency accumulation in favor of real-world infrastructure. The latest case is Bitcoin treasury firm Empery Digital, which recorded millions of dollars in profit by repeating a recent move made by its competitor, Nakamoto. According to SEC filings, since May 7, Empery Digital has sold 1,400 BTC at an average price of around $62,200, bringing the company $87.1 million in cash. Visual representation of the Bitcoin supply, showing the distribution among all entities, Source: BitcoinTreasuriesNET As a result, the company now ranks 36th in the global Bitcoin treasury ranking compiled by BitcoinTreasuries.NET, as it still holds 1,514 BTC, along with $73.9 million in cash against $45 million in total debt. ‘Not Happening’: Former SWIFT Exec Shuts Down XRP Integration Rumors XRP, Shiba Inu, Solan
The post Why This Nasdaq Bitcoin Company Just Sold $87 Million Worth of BTC appeared on BitcoinEthereumNews.com.
The post Why This Nasdaq Bitcoin Company Just Sold $87 Million Worth of BTC appeared first on Coinpedia Fintech News Nasdaq-listed company Empery Digital has sold a large chunk of its Bitcoin holdings to raise cash, according to a filing with the US Securities and Exchange Commission. At the time of writing, Bitcoin price is up by more than 2.20% and is trading slightly below the $64,000 mark. What happened Empery Digital sold 1,400 Bitcoin … Source: https://coinpedia.org/news/why-this-nasdaq-bitcoin-company-just-sold-87-million-worth-of-btc/