Le highlighted increasing the U.S.-dollar reserve as an important lever in preferred stock STRC’s recovery back to around $90 having fallen below $75 last month.
- Strategy won’t panic unless BTC sinks to the $8,000-$10,000 range, its CEO has said.
- “Until that point in time, we feel very secure about the balance sheet,” Le said in an interview with Bloomberg TV.
- Le highlighted increasing the U.S.-dollar reserve as an important lever in STRC’s recovery back to around $90. STRC is designed to maintain a $100 par.
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Gate Leads Spot Market Share Gains as CEX Volumes Rise for First Time in Five Months
CEX trading volumes rose for the first time in five months in June, with spot climbing 15.3% to $1.11T and RWA perpetual volumes surging to a record $311B.
Why it matters :
CEX trading volumes rose for the first time in five months in June, with spot climbing 15.3% to $1.11T and RWA perpetual volumes surging to a record $311B.
Bitcoin pulls back to $64,000 after hitting monthly high as bears take control
Live updates: Bitcoin holding $64,000 as AI momentum stocks continue to tumble
A bitcoin wallet dormant since the 2017 peak just moved $383 million
Crypto brokerage firm Alpaca raises $135 million for tokenized stock infrastructure
Ledger wants AI agents to manage crypto without holding your keys
Galaxy targets institutional stablecoin yield with new DeFi vaults
Original sourceCoinDesk
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