Bitcoin24h $69,696.61+3.96%

Ethereum24h $2,150.12+5.18%

XRP24h $1.35+3.96%

BNB24h $605.76+2.00%

Solana24h $82.52+3.33%

TRON24h $0.3172-0.15%

Dogecoin24h $0.0930+3.02%

Hyperliquid24h $37.43+4.78%

UNUS SED LEO24h $10.12+0.32%

Cardano24h $0.2562+6.13%

Bitcoin fell below Strategy average buy price overnight

The price of BTC fell below $74,600 last night which was less than Strategy’s average buy price of $76,052.

Ambitious developers are biggest risk to Bitcoin, says Michael Saylor

Michael Saylor has said that the greatest risk to Bitcoin is ambitious opportunists advocating protocol changes.

Strategy preferreds were supposed to fix the problems with bonds, such as principal repayment, but instead they brought a raft of new issues.

The manager mistakenly claimed that Strategy’s BTC collateralizes shares of its stock, even though it doesn’t.

Michael Saylor has a new definition of digital money, and it is not BTC. Conveniently, it’s also a sales pitch for STRC.