6-4
Strategy (MSTR) shows $10.8B unrealized Bitcoin loss as BTC slips below $62,500
Strategy (NASDAQ: MSTR) is sitting on $10.8 billion in unrealized losses on its Bitcoin holdings after BTC fell below $62,500. The firm has invested $63.89 billion into BTC versus a current balance of about $53.08 billion, and its shares are down 77% from their peak. It also reports roughly $6.7 billion in notional debt and around $871 million in cash as investors look ahead to a June 8 shareholder meeting.
BTC
BTC+2.73%
6-4
5-27
XRPL activates fixCleanup3_1_3 on May 27 as XRP holds near $1.33
On May 27, the XRP Ledger implemented the fixCleanup3_1_3 amendment, a technical update designed to improve long-term stability by cleaning up expired NFTokenOffer records and refining features tied to vaults, permissioned domains, and lending. While the network change affects node eligibility for consensus if they did not upgrade to rippled 3.1.3 by the deadline, XRP’s price was down 0.8% over the past 24 hours at $1.33 even as daily trading volume jumped nearly 50%.
XRP
XRP+3.70%
5-27
5-22
Strategy CFO Andrew Kang sells 5,597 MSTR shares after May 19 SEC filing
Strategy (NASDAQ: MSTR) drew fresh attention after insider transactions disclosed in May 19 SEC filings, including CFO Andrew Kang's sale of 5,597 shares priced between $163.98 and $166. Director Jarrod M. Patten also sold 5,250 shares at $165.87 to $167, following option exercises totaling $97,933 at $18.654 per share. MSTR was trading at $163 at the time of writing, after moving between $162.4 and $168.71 in the prior session.
BTC
BTC+2.73%
5-22