Bitcoin Giant Strategy cuts 61% of cash reserves, repurchases $1.5 billion in debt

According to The Block, the Spanish gambling regulatory agency has blocked prediction market platforms Polymarket and Kalshi on the grounds that they have not obtained administrative licenses. The announcement was published in the official Spanish gazette, and the blockade is a preventive measure before the results of the program are announced. It is expected that the program will last for three to four months. Spain classifies such platforms as gambling businesses and requires compliance mechanisms such as identity verification, access control for minors, and self exclusion.

According to HyperInsight monitoring, "Big Brother Ma Ji" Huang Licheng has been continuously reducing his ETH holdings and placing multiple orders in the past hour. Currently, he is long 5500 ETH (approximately $115 million) with 25 times leverage, with an average opening price of $2108.16 and a floating loss of $92000.

BMNR purchased 111900 ETH worth a total of $237 million, the largest single purchase since December last year, bringing its holdings to 4.47% of Ethereum's circulating supply. （CoinDesk）

Jack Mallers stated that during times of war, Bitcoin was the only form of currency that remained operational and emphasized that 'ultimately the best currency would emerge victorious'. （Bitcoin Archive）

OKX-ETH/USDT is currently trading at $2100.89, with a 5-minute drop of 0.29%. Please pay attention to market fluctuations.