Good Evening Legends! 🔥
Before my GN, today’s crypto highlights:
- Strive bought 1,109 Bitcoin for around $85 million. They now hold 16,500 BTC worth roughly $1.27 billion.
- Strategy used $1.38 billion in cash to buy back $1.5 billion of debt at a discount. They sold zero Bitcoin.
- Someone sent 107 Bitcoin worth about $8.3 million to a burn address in five separate transactions.
- Japanese company DDC Enterprise bought 200 Bitcoin for $15.9 million. Their total holdings are now 2,583 BTC.
- Bitwise bought another 162,000 HYPE tokens worth around $10 million in the past two hours.
- Bitmine added $85 million worth of Ethereum, which is 111,942 ETH.
- Cathie Wood still expects Bitcoin to reach $750,000 in the long term, even after ARK trimmed some ETF holdings.