Strategy buys $26M Bitcoin as prices bleed on geopolitical fears

Michael Saylor’s Strategy bought another 245 Bitcoin last week after doubling down on his long-term BTC price prediction, forecasting BTC to hit $21 million in 21 years. News COINTELEGRAPH IN YOUR SOCIAL FEED Michael Saylor’s Strategy, the world’s largest public Bitcoin investor, disclosed its latest BTC purchases as the cryptocurrency slid in response to escalating…

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Investor makes nearly $30M from Bitcoin bought in 2013

The savvy Bitcoin investor made a 496-fold return on his initial $60,000 investment in 2013. News COINTELEGRAPH IN YOUR SOCIAL FEED A savvy Bitcoin holder has bagged nearly $30 million of profit after patiently holding their BTC holdings for over a decade, highlighting the long-term investment potential of the digital asset. The unknown investor sold…

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Anthony Pompliano’s ProCap to Go Public in $1B Bitcoin Treasury SPAC Deal

Anthony Pompliano is taking his bitcoin-native financial platform ProCap BTC public through a $1 billion merger with Columbus Circle Capital Corp. I (CCCM), a special-purpose acquisition company (SPAC) sponsored by an affiliate of Cohen & Company. The transaction, announced Monday, positions the new entity, ProCap Financial, Inc., as one of the largest bitcoin treasuries ever…

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NEAR Protocol Surges 7% After Volatility Test, Establishes Key Support

The cryptocurrency market continues to reflect broader economic uncertainties as NEAR Protocol demonstrates resilience amid significant volatility. After experiencing a sharp decline to $1.79, NEAR has established support at $1.83 with substantial buying interest, particularly during high-volume trading periods. The token’s recovery momentum has formed a clear uptrend channel with higher lows, suggesting renewed buyer…

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5G Chipmaker Sequans Joins the Bitcoin Treasury Strategy Rush

Telecommunication company Sequans (NYSE:SQNS) has announced that it will raise $384 million to launch a bitcoin treasury, according to a press release. The company has agreed to issue and sell $195 million in equity securities and $189 million in convertible secured debentures. “Our bitcoin treasury strategy reflects our strong conviction in bitcoin as a premier…

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Strategy Added 245 Bitcoin to Holdings Last Week

Strategy (MSTR), the largest publicly listed company holding bitcoin BTC, has increased its holdings by an additional 245 BTC for $26 million. This latest acquisition brings Strategy’s total bitcoin holdings to 592,345 BTC worth nearly $60 billion at bitcoin current price of about $101,000. The company’s average purchase price for its entire bitcoin position now…

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