The Elon Musk–run company is moving ahead with plans for an initial public offering that would seek to raise “significantly more than $30 billion.” Even relatively small balance-sheet allocations matter at that scale.
Crypto’s Gen Z supervillain may have single-handedly popped the memecoin bubble this year, exposing it as less a cultural movement and more a parasitic financial machine feeding on new entrants.
MicroStrategy has submitted a response to MSCI's digital asset treasury consulting, calling for the establishment of neutral and consistent index standards. (Cointelegraph)
[Unknown Wallet Transfers 1,704 BTC to Coinbase Institutional]
An unknown wallet transferred 1,704 BTC to Coinbase Institutional, valued at approximately $156.3 million.