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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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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Norway Plans Ban on New Crypto Mining Data Centers to Preserve Power

Norway’s Labour Party government has revealed plans to impose a temporary ban on any new crypto mining data centres that use energy‑heavy proof‑of‑work systems, per Reuters. The proposed rule could kick in Autumn 2025, if approved, and is aimed at preserving electricity capacity for more productive industries. “Cryptocurrency mining is very power-intensive and generates little…

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