A wallet potentially linked to Strategy moved 299.84 BTC, worth about $18.91 million, a transfer flagged by onchain tracker Lookonchain, reviving questions about whether Michael Saylor's firm is preparing to sell bitcoin again. A Familiar Pattern Repeats Lookonchain reported that a wallet linked to Strategy moved 299.
The Smarter Web Company's Bitcoin strategy heightens financial risk, relying on market rallies and interest rate stability for profitability. The Smarter Web Company adds 11.89 Bitcoin to treasury, now holds 2,712 BTC.
Cardano (CRYPTO: ADA) emerged as the best-performing large-cap cryptocurrency last week, defying losses among the market's heavyweights. Cardano Races to a 1-Month High ADA nearly rallied 11% in the last seven days, the highest among coins with at least $1 billion in market capitalization.