Search results for Scott Melker
Crypto
Arthur Hayes says Michael Saylor is not a BTC saviour, only protects Strategy
BitMEX founder Arthur Hayes warned bitcoin holders not to treat Michael Saylor’s purchases as a backstop for their portfolios. He said Saylor’s role is to defend Strategy, its shareholders and instruments built on its balance sheet, not protect retail investors. Hayes said signals in STRC pricing could foreshadow short-term bitcoin spikes. He also noted Strategy is buying bitcoin while repurchasing about $1.5 billion in convertible bonds.
Crypto
Saylor hints at possible bitcoin sale, warning holding forever could hurt valuation
Strategy Chairman Michael Saylor has publicly raised the possibility of selling bitcoin, drawing renewed market attention. He said some liquidity is needed for the company’s bitcoin holdings to be recognised and used as a long-term asset. Saylor warned that if the market assumes Strategy will never sell, credit rating agencies may find it hard to view bitcoin as a true asset. The comments have reignited debate after earlier remarks following earnings.
Crypto
U.S. government crypto holdings still opaque, XRP only rumours
Uncertainty has resurfaced over the U.S. government’s cryptocurrency holdings, with speculation continuing over whether it holds XRP but no confirmed information. Analysts cited a lack of transparency and the absence of official audits for major digital assets such as bitcoin and ether. On-chain data and Arkham tracking show holdings including about 328,000 BTC and total digital assets worth more than $23 billion, but not XRP.
