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BTOG News30 articles
MSTR's Bitcoin Sale Plan Gains Flexibility Amid Buyback Slowdown
Strategy's board approved up to $1.25B in bitcoin sales and $1B in buybacks, but last week's $1.152B stock sale raises dilution concerns as buybacks lag.
Crypto-Backed Lending Revival: Wall Street Banks Lead as Bitcoin Nears $60K
Crypto-collateralized lending surged 49% year-over-year to $67 billion in Q1 2026, with Wall Street banks replacing failed crypto lenders. Bitcoin hovered near $59,400.
Bitmine Trades Below Asset Value Despite Russell 1000 Inclusion
Bitmine (BMNR) trades at a 36% discount to its $9.8 billion asset base after Russell 1000 inclusion. Market cap is $6.27 billion.
MicroStrategy's Bitcoin Sales Approved as NAV Ratio Dips Below 1
MicroStrategy (MSTR) is now authorized to sell bitcoin to support dividends and buybacks, after its enterprise value dropped below the value of its bitcoin holdings. The firm raised its preferred dividend to 12% and set a minimum USD reserve policy.
Intel's Foundry Ambitions Face Investor Scrutiny Amid Sector Rebound
Intel shares gained 0.51% premarket Monday but trailed the broader chip sector rebound, as investor attention turns to the company's foundry roadmap and 14A process timeline.
MARA's Bitcoin Holdings and Long Ridge Deal Drive Stock Amid Crypto Dip
MARA stock gains 4.5% as $2.1B bitcoin holdings and Long Ridge power deal shape investor focus ahead of a short trading week.
Bitcoin Slips Below $60,000 as ETF Outflows Exceed New Supply Ahead of Jobs Report
Bitcoin dropped below $60,000 as ETF outflows reached $1.79 billion, far outpacing new supply. The June jobs report could add further pressure.
BitMine Stock Discount Widens as Crypto Drop Tests Index Inclusion Impact
BitMine stock closed Friday at $13.56, 21% below its reported holdings value, as ether's drop and Russell 3000 inclusion pressure the discount.
Alphabet's AI Ambitions Tested by Gemini Supply Constraints and Antitrust Pressure
Alphabet grapples with Gemini AI supply constraints after demand from Meta and others outstrips capacity, while Chrome's 70% browser share underpins ad revenue and antitrust risks.
GameStop Stock Rises as EBITDA Forecast Nears Cash Pile Value
GameStop shares rose 3.57% to $21.76 after forecasting FY2026 adjusted EBITDA above $600 million, nearly matching its $9.7 billion cash pile. The market cap now closely aligns with liquid assets.
Bitcoin ETFs See Shift in Outflows as BlackRock and Fidelity Lead Selloff
U.S. spot bitcoin ETFs saw $1.16 billion in outflows over two days, led by BlackRock and Fidelity, as bitcoin tests $60,000 support amid inflation and options expiry.
Strategy's STRC Preferred Stock Plunges, Signaling Bitcoin Funding Stress
Strategy's STRC preferred stock sank 26% to $73.68, far below its $100 par value, as a $13.4 billion unrealized bitcoin loss drove its effective yield to 15.6%, signaling investor concern over funding pressure.
Apple Loses $263 Billion in Market Cap as Memory Costs Bite
Apple shares plunged 6.12%, wiping out $263 billion in market cap, as the company raised Mac and iPad prices amid soaring memory costs, sparking fears over iPhone pricing.
Bitcoin Tests $59.5K Support as ETF Outflows Surge, Options Expiry Looms
Bitcoin slipped to $59,498 after hitting a low of $58,189, as U.S. spot bitcoin ETFs saw $469M in net outflows on June 24, led by IBIT and FBTC. A $10.2B options expiry on Deribit adds pressure.
Netflix's $272B Market Cap Wipeout Overshadows $3B Ad Ambition
Netflix stock plunged to a 52-week low, losing $272 billion in market cap, as investor unease over failed acquisition attempts and slowing growth outweighs its $3 billion ad revenue goal.
AI Trade Splits: Micron Surges, Apple Slumps as Chip Costs Bite
Micron soared 15.7% on $22B in customer pledges, but Apple fell 6.1% as rising memory costs pressure device makers, highlighting a split in the AI trade.
Bitmine Stock Slides as Ether Decline Slashes Crypto Holdings Value
Bitmine (BMNR) shares fell 4.4% to $13.40 as ether's decline reduced its ETH holdings by $921M, trading 19% below adjusted asset value.
Strategy's STRC Dividend Needs Shift Focus from Bitcoin Buys
Strategy (MSTR) stock fell 5.7% after raising $335.5M in new shares but using only $34.9M for bitcoin, as the market focused on its $1.4B cash reserve to cover STRC dividends.
IREN shares tumble 9.5% as Bitcoin slide and AI spending jitters weigh
IREN shares fell 9.5% to $49.51, underperforming peers, as Bitcoin slid below $60,000 and analysts questioned its AI cloud pivot, chip delivery risks, and $4.4 billion revenue goal.
Bitcoin Dips Below $60K as ETF Outflows Persist and AI Stocks Lure Capital
Bitcoin dropped below $60,000 as ETF outflows hit $6 billion over six weeks and investors pivoted to AI stocks. 10x Research warns of a possible slide to $55,000.
Bitmine Stock Slides 7% as Ether Decline Pressures $10.7B Crypto Holdings
Bitmine stock dropped 7.3% as ether slid 5.1%, threatening the value of its massive $10.7B crypto treasury. The company warned of risks to asset values and capital-raising ability.
MARA Holdings Plunges After Share Plan Approval and Bitcoin Drop
MARA Holdings shares fell nearly 8% after shareholders approved an 18 million-share increase to its equity incentive plan, raising dilution concerns as bitcoin dropped 4.9% and insiders sold shares.
Strategy Inc Shares Tumble as Bitcoin Buying Strategy Faces Investor Backlash
Strategy Inc shares plunged 5.2% to $98.45 after selling $335.5 million in stock to buy 520 bitcoin, raising concerns as dollar reserves dropped 38% and dividend coverage shrank.
Bitcoin Slides as BlackRock ETF Outflows Weigh on Market Sentiment
Bitcoin dropped 2.3% to $60,843 as BlackRock's IBIT ETF saw $354M in outflows, while other U.S. spot bitcoin ETFs posted net inflows. Options skew suggests traders are paying up for downside protection.
MARA Holdings Slips in Premarket as Bitcoin and Nasdaq Weakness Weigh on Crypto-AI Play
MARA Holdings fell 3.16% in premarket trading Tuesday after shareholders approved an 18 million-share increase to its equity incentive plan, as bitcoin and Nasdaq weakness weighed on the stock.
OpenAI's $100B Ad Revenue Goal Fuels IPO Ambitions Amid Cost Challenges
OpenAI expects $2.5B in ad revenue this year, projecting $100B by 2030, as it rolls out ChatGPT ads in emerging markets to strengthen its case for a $1T IPO.
MARA Holdings Jumps 12.8% as Market Eyes Power Assets Beyond Bitcoin
MARA Holdings jumped 12.8% to $16.04, far outpacing bitcoin's 2.1% gain, as traders valued its power assets and AI data-center potential over its bitcoin holdings.
Bitcoin Climbs to $65K as Iran Talks Boost Sentiment, but Institutional Demand Remains Tepid
Bitcoin climbed 1.9% to $65,201 as U.S.-Iran peace talk progress boosted risk appetite, but ETF outflows and Strategy's limited bitcoin purchases suggest the rally lacks key demand support.
STRC Preferred Shares Slide, Threatening Strategy's Bitcoin Funding Model
Strategy's STRC preferred shares dropped to $82.61, threatening its ability to cheaply raise cash for bitcoin and raising risks of higher dividends or dilution.
Hyperscale Data Surges on AI Data Center and Bitcoin Prospects
Hyperscale Data shares climbed 8.4% to 43.12 cents on heavy volume, driven by its AI data-center push and Bitcoin holdings. A potential Michigan agreement for 20 MW of AI compute capacity remains under negotiation.