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Crypto

Crypto industry to contribute $55 billion to U.S. economy, report says

The U.S. cryptocurrency industry employs about 34,000 people directly but is expected to contribute $55 billion to the U.S. economy in 2026, an analysis found. A report by the National Cryptocurrency Association and Pragmatic Policy Group put total supported jobs, including indirect and induced employment, at 232,000. It said average crypto pay is $133,000, above U.S. median wages. California, New York and Texas account for 60 percent of crypto jobs.

Crypto

Strive says it could buy 175,000 more bitcoin, funding pace is key

Asset manager Strive could increase its bitcoin holdings by nearly 10 times if it maintains its current fundraising pace, a projection said. Jeff Walton, the firm’s chief risk officer, said Strive is raising $8.1 million a day and could issue up to $15.5 billion of SATA preferred stock to buy about 175,000 more bitcoin at current prices. Strive holds 19,000 bitcoin and has been buying since September 2025.

Crypto

Bitdeer sells another 206 BTC, keeps bitcoin holdings at zero

Cryptocurrency miner Bitdeer sold all bitcoin it mined in the week ended May 29, keeping its bitcoin holdings at zero for a 14th straight week on a weekend basis. The company has continued a no-holdings finance strategy it began in late February, selling weekly output and maintaining zero holdings on its balance sheet at each week’s end. It is deploying cash into data centres, next-generation ASICs and AI cloud services.