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STRC Stock Falls 11% Below Par on First Day

STRC Stock Falls 11% Below Par on First Day 3

Strategy’s preferred stock, known as “Stretch” (STRC), which is designed to offer a substantial dividend and maintain a stable price near $100, experienced a significant decline, trading below $90 on Wednesday. The stock reached an intraday low of $88.50, marking…

Bhutan Sends 1,750 BTC to Binance, Holdings Plummet

Bhutan Sends 1,750 BTC to Binance, Holdings Plummet 5

The Royal Government of Bhutan has transferred 533 Bitcoin (BTC), valued at approximately $34.5 million, to the cryptocurrency exchange Binance. This transaction, identified through on-chain data by analytics firm Arkham, follows a series of periodic outflows from wallets publicly associated…

Lummis & Gallego Urge Trump: No SBF Pardon

Lummis & Gallego Urge Trump: No SBF Pardon 12

United States Senators Cynthia Lummis and Ruben Gallego have introduced a resolution in the Senate expressing the sense that Samuel Bankman-Fried, the former CEO of FTX, should not receive executive clemency. The resolution, a four-page document, underscores the senators’ position…

Zama, Morpho Launch Confidential DeFi Yield Vault

Zama, Morpho Launch Confidential DeFi Yield Vault 26

Zama, Morpho, and Steakhouse Financial have introduced a novel decentralized finance (DeFi) product on the Ethereum network, the Steakhouse Confidential USDC Prime vault. This initiative marks the debut of a confidential DeFi yield product designed to allow institutional investors to…