Strategy’s $66B Bitcoin machine hinges on capital markets, not BTC price: Report
Strategy’s biggest risk may not be a Bitcoin crash, but losing access to the capital markets that help it service $1.76 billion in annual obligations.
This is a summary. Read the complete story at Cointelegraph below.
Read full article at CointelegraphRelated Stories
Fed meeting is shaping up to be a nightmare for Warsh. Bitcoin might still shine
An aggressive market expectations trap and a strict aversion to forward guidance have backed the Fed chair into a corner, where failing to deliver a hawkish message risks destroying the central bank’s inflation-fighting credibility.
CoinDesk
AI has been a ‘net negative’ for crypto: Phemex CEO
Federico Variola says AI has diverted capital from crypto and is empowering attackers, while rising cybersecurity costs could push the industry toward greater centralization.
Cointelegraph
Zcash holders overwhelmingly back faster transactions and bitcoin-style halvings
Nearly 2.4 million ZEC participated, with 99.9% backing 25-second blocks and 98.9% voting to preserve the network’s existing halving schedule.
CoinDesk