Strategy plans to repurchase about $1.5 billion of convertible notes, with the final price tied partly to its stock performance. The filing also lists bitcoin sales as a possible funding source, renewing focus on its treasury strategy. Strategy Details $1.5 Billion Convertible Note Repurchase Plan On May 15, Strategy Inc.
Santiment warned that the crypto market “typically” moves against crowd expectations, pointing to a recent rise in bullish sentiment driven by renewed momentum around the US CLARITY Act.
Following a broader cryptocurrency market bounce on Thursday, Cardano (ADA) has flipped into an upward direction again, breaking past the $0.25 barrier. While the ADA's price has turned positive, the altcoin's current structure and on-chain signals are starting to align, raising its potential for a major rally.
Arkham Intelligence data shows that over $1 billion in bitcoin has left wallets attributed to Bhutan in the past year, flowing to exchanges and trading firms. The country says it has not sold any.