Saylor's Firm Sells $333.7M in Stock, Pauses Bitcoin Buys - Briefs Finance
Michael Saylor's Strategy is doing something it used to avoid: raising cash without buying Bitcoin.
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Michael Saylor's Strategy is doing something it used to avoid: raising cash without buying Bitcoin.
If the U.S. Congress passes the CLARITY Act, it will codify XRP's digital commodity status into federal law. This legal certainty is expected to trigger major institutional adoption, uncap massive ETF inflows, and potentially drive significant upside for XRP's price.
Tokenized Stocks’ Share of RWA Market Triples to 15%, Market Cap Hits $2.8 Billion
- The Pi Network technical team released version 0.6.2 of its software after completing distributed computing tests.
XRP News: 10 Million RLUSD Minted on XRP Ledger as Dubai Tokenizes Real Estate on XRPL
Strategy sold 3.46M MSTR shares for $334M last week, using proceeds for STRC dividends, buybacks, and reserves. Its dollar reserve climbed to $4.8B. No BTC moved.
Bitcoin (CRYPTO:BTC) spot ETFs shed close to $390 million in the week to August 14, their largest weekly outflow in six weeks, after taking in over $850 million the week before.
Strategy’s Future Hinges on Bitcoin Becoming a Real Currency: Jeff Booth
CLARITY Act News: Bitwise CIO Says Bitcoin Isn’t the Biggest Winner Here
The CLARITY Act’s path to becoming law has gone from uncertain to bleak. One industry research estimate now puts its chance of passage in 2026 at just 10% — a sharp drop from the far more optimistic read earlier this year.
Pi is the first digital currency for everyday people.