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Latest from Stephen Alpher
Tether Bought 8,888 Bitcoin in Q1 for $735M; Total Holdings Rise to 92.6K
The giant stablecoin issuer funnels 15% of quarterly profits into BTC as a reserve asset, a strategy in place since May 2023.
Bitcoin Miner Hut 8 Could Look to Acquire a Hyperscaler, Clear Street Says
The broker has a buy rating on the shares with a $23 price target.
Bitcoin Headed Below $60K Says Hot-Handed Crypto Hedge Fund Manager
D.O.G.E. job cuts, tariffs, a restrictive Fed and new immigration policies could weigh on markets for the next six to nine months, said Lekker Capital's Quinn Thompson.
AI-Infused Blockchain Ambient to 'Replace Bitcoin,' Says Co-Founder
Ambient raised $7.2 million in seed funding from a16z, Delphi Digital and Amber Group.
Circle Hires JPMorgan, Citi With Plan to File IPO in Late April: Fortune
The issuer of the USDC stablecoin is aiming again to go public after an attempted SPAC merger in 2021 never materialized.
Bitcoin Could Threaten Dollar’s Reserve Currency Status: BlackRock’s Larry Fink
In a letter to shareholders, the chairman of the world’s largest asset manager warned about the soaring U.S. debt and the possible competition that bitcoin poses to the U.S. Dollar.
OKX Chief Legal Officer Mauricio Beugelmans Leaves the Exchange
According to Beugelmans’ Linkedin profile, he spent three years and eight months at the exchange.
IREN Calling Off Bitcoin Mining Expansion in Favor of AI Data Centers
The company expects to reach its previously planned 52 EH/s of bitcoin mining capacity in coming months.
Michael Saylor's Strategy Adds Another 22K Bitcoin for $1.92B
The purchase was funded mostly common stock issuance and brought the company's holdings to 528,185 BTC.
Strategy Holders Might be at Risk From Michael Saylor's Financial Wizardry
Though Strategy has been buying bitcoin for nearly five years, the recent aggressive pace of purchases means another moderate leg lower in prices would put the company in the red on its BTC stack.
