Saipriya pradhan

Strategy’s Bitcoin buys should be ‘super careless’ to pump price — Exec

Key takeaways: Richard Byworth says Michael Saylor’s Strategy could ramp up its Bitcoin buys by acquiring cash-rich companies and converting their cash into Bitcoin. He says that Strategy should consider accelerating purchases as the Bitcoin supply on exchanges continues to decline. Byworth argues that aggressively increasing Bitcoin holdings would boost Strategy’s mNAV, benefiting shareholders. Michael…

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Crypto news today: Bitcoin tops $95K, stocks rally despite analyst’s ‘blind market’ warning

Bitcoin traded above $95,400 Tuesday, showing resilience despite economic concerns. US stocks (S&P 500, Nasdaq +0.55%) also continued their recovery from early April tariff fears. Consumer confidence hit lowest since May 2020; JOLTS job openings missed estimates. Cryptocurrency markets displayed notable stability on Tuesday, seemingly unfazed by mounting pessimism regarding the economic impact of the…

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