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Crypto

Strategy says it can cover interest and dividends even if bitcoin falls for six straight years

Strategy said it can meet its financial obligations under its current capital structure even if bitcoin prices fall for an extended period. It said an internal scenario showed it could fully pay interest costs and preferred share dividends even if bitcoin declines 11.4 percent annually for 5.8 years. The company is also reshaping its financing structure, revamping metrics and joining the Bitcoin Security Consortium backed by $15 million in pledged funding.

Crypto

Bitcoin holds around $66,000; VanEck says no clear bottom signal yet

Bitcoin has traded sideways in the $63,000 range over the past month, but asset manager VanEck views the move as an extension of a correction rather than a bottoming signal. In a report, it cited defensive derivatives positioning, weakening mining profitability and outflows from spot ETPs as signs short-term downside pressure remains. Trading activity and realised volatility have cooled. VanEck also flagged corporate selling, while on-chain data show rising long-term holding.

Crypto

UK bitcoin treasury firm Satsuma sells all BTC, moves toward delisting

UK bitcoin treasury firm Satsuma Technology will sell all 668 bitcoin it holds and wind down the business, less than a year after adopting bitcoin holdings as a core strategy. Shareholders approved the sale and a London Stock Exchange delisting with more than 90 percent support. After selling about $43.5 million of bitcoin, the company plans to refund remaining funds via a UK “B share scheme”, projecting payouts of 26.8 million to 30.0 million pounds after costs.