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Impact.Fun is a ground-up, community-focused platform built on BSC where anyone can create a token to fund and support impactful causes, events, or people. By leveraging a fair launch mechanism, The platform level the playing field so everyone can pay just $1 for a chance to win big.
Hivemind Digital Group Secures $17 Million Strategic Financing Led by M&G Investments
According to an official announcement from Hivemind, its subsidiary Hivemind Digital Group has completed a $17 million strategic financing round, led by M&G Investments, with participation from CPIC Investment Management (H.K.), ZA Bank, FalconX, and Sonic Boom Ventures, among others. Alex Seddon, Head of Impact and Private Equity at M&G Investments, will join the company's board of directors.
Morgan Stanley: US Treasury Doubles Long-Term Treasury Buyback Volume; Signaling Value Outweighs Substantive Impact
According to TechFlow research, Morgan Stanley's August 20 report noted that the U.S. Treasury will increase the size of its liquidity-supporting repo operations for the 10-to-20-year and 20-to-30-year tenors from $2 billion per transaction to at least $4 billion, effective September 9. This marks the first adjustment to the repurchase volume outside of the quarterly refinancing window since the repo program launched in May 2024. The two tenors combined add $1.6 billion in notional amount, corresponding to approximately $19.3 million in DV01 (price change per one-basis-point move in rates), with a risk impact roughly double that of the November 2023 "supply surprise." Morgan Stanley stated that the Treasury's decision to expand repurchases ahead of schedule outside the quarterly refinancing window aims to signal close monitoring of long-end interest rate dynamics to the market, thereby buying time for the November refinancing window. The recent rise in the 10-year Treasury yield and curve steepening primarily reflect the market's repricing of energy prices and central bank policy trajectories, rather than concerns over deficits or supply. Morgan Stanley maintains its recommendation for a 7-year versus 30-year Treasury curve steepening trade, targeting a spread of 100 basis points (currently around 71 basis points). On the FX front, coordinated volatility in gold and the Swiss franc hit an annual peak on August 19; should the U.S. dollar policy narrative reassert itself, EUR/USD is likely to approach 1.2150.
QCP: US-Japan Joint Intervention in FX Market to Support Yen May Impact Crypto Asset Liquidity
According to QCP Group, the US Treasury, via the New York Fed, jointly purchased yen with the Japanese Ministry of Finance last Friday, marking the first US-Japan joint foreign exchange intervention action specifically to support the yen since 1998. Meanwhile, the US 30-year Treasury yield briefly rose to about 5.27%, hitting a new high since 2007, before falling back to 5.24%. QCP pointed out that the transmission path of this intervention to the crypto market mainly unfolds through yen carry trades—rapid yen appreciation may force investors holding yen funding positions to deleverage and buy back yen, subsequently affecting risk assets including BTC and ETH, reenacting the market volatility triggered by carry trade unwinding in August 2024. QCP reminded that current macro monitoring indicators should take the USD/JPY exchange rate, Japan funding costs, and US long-end Treasury yields into consideration; fiscal policy operations are increasingly becoming an important variable affecting the direction of global liquidity.
Analysis: OpenAI IPO Delay Rumors Impact Market Sentiment, US Stock Futures Fall, Tech and Chip Sectors Lead Declines
US stock futures fell across the board on Friday, with the tech sector leading the decline, as market concerns over rising AI infrastructure costs and a slowdown in fundraising pace intensified. Nasdaq 100 futures fell 1.2%, S&P 500 futures dropped 0.5%, and Dow Jones futures lost 67 points (-0.1%). Chip stocks broadly weakened following reports that OpenAI is considering postponing its IPO until next year, citing increased volatility in AI-related stocks, unstable market sentiment, and even the impact of SpaceX’s weak post-IPO performance.JPMorgan's trading desk noted that this news has reinforced market concerns about the sustainability of AI infrastructure investments and could affect the pace of future capital market fundraising. Vital Knowledge analyst Adam Crisafulli also stated that the IPO delay could slow down the overall expansion rate of AI infrastructure spending.In the chip sector, Philadelphia Semiconductor-related stocks came under pressure, with ON Semiconductor falling over 13% after acquiring Synaptics. Micron Technology and SanDisk both declined by more than 5%. The XLK ETF tracking the tech sector fell 1.6%, extending the previous session's losses. (CNBC)
Lido Discloses Impact of Kelp Security Incident; ~9% Exposure of EarnETH Affected
Lido has released an update regarding the Kelp security incident, stating that its Earn-series vaults are working with the management team to address the issue, focusing on two key risk areas: rsETH exposure and tightening liquidity in lending markets. Lido emphasizes that its core staking protocol remains unaffected, and both stETH and wstETH remain secure and stable. Currently, only the EarnETH vault holds approximately 9% of its TVL in rsETH exposure; related deposits and withdrawals have been suspended by the management team pending resolution. Of the ~$70 million in ETH stolen in the earlier attack, roughly $70 million has already been recovered; asset recovery and loss allocation efforts are ongoing. To mitigate liquidity pressure, the management team has reduced leverage and optimized position structures, significantly decreasing wETH debt exposure. Should losses ultimately materialize, EarnETH will activate its $3 million “first-loss protection mechanism,” funded by the DAO. Other vaults remain unaffected: DVV and EarnUSD are operating normally. The GGV sub-vault is currently experiencing negative yields due to a combination of recursive staking strategies and rising borrowing rates, but active adjustments are underway. Users’ previously submitted withdrawal requests will be processed at pre-incident valuations.
FBI Responds to Binance Hack Incident: Working with Partners to Assess Impact
According to market sources, the U.S. Federal Bureau of Investigation (FBI) has stated that it is aware of the hack attack on Binance and is currently in communication with relevant partners to understand the scope of the attack and assess its potential impact.
Binance Responds to Suspected Theft: Under Investigation, Impact on User Funds Not Yet Confirmed
A Binance spokesperson told Cointelegraph that it is investigating a potential security issue with an Ethereum wallet. The security team is reviewing related activities, and no impact on user funds has been confirmed at this time.
Danish Central Bank Releases Stablecoin Analysis Report: Global Development Trends and Domestic Impact Assessment
According to Analytical Report No. 15 released by the National Bank of Denmark, stablecoins—as crypto assets pegged to fiat currencies—have witnessed steady growth in global adoption in recent years and garnered widespread attention. The report indicates that while stablecoin usage remains relatively limited in Denmark, further penetration by foreign stablecoins could have profound implications for the nation's payment systems, financial markets, banking sector, and monetary policy transmission. The Danish Central Bank emphasized that while encouraging financial innovation, it must remain vigilant regarding the potential risks stablecoins pose to monetary system stability and payment security, and will continue to closely monitor their ongoing developments.
Fed Tones Down Forward Guidance, Huobi HTX to Livestream Discussion on Market Impact
According to official social media reports, HTX will host a debate today at 20:00 titled "The Fed Drops Forward Guidance: Regaining Independence or Triggering Market Panic?". Affirmative speakers will include Li Qian, Guo Bao, Wan Qiu, and yuli, who will debate against negative panelists Mr. Mis, Zizi, 0xmeg, and Qingfeng. The discussion will focus on how the Fed's reduction of forward guidance may affect policy transparency, market expectations, and asset pricing shifts. Additionally, they will examine how US stocks, gold, and digital assets may undergo repricing against a backdrop of escalating monetary policy uncertainty.
Morgan Stanley: US Treasury Doubles Long-Term Treasury Buyback Volume; Signaling Value Outweighs Substantive Impact
According to TechFlow research, Morgan Stanley's August 20 report noted that the U.S. Treasury will increase the size of its liquidity-supporting repo operations for the 10-to-20-year and 20-to-30-year tenors from $2 billion per transaction to at least $4 billion, effective September 9. This marks the first adjustment to the repurchase volume outside of the quarterly refinancing window since the repo program launched in May 2024. The two tenors combined add $1.6 billion in notional amount, corresponding to approximately $19.3 million in DV01 (price change per one-basis-point move in rates), with a risk impact roughly double that of the November 2023 "supply surprise." Morgan Stanley stated that the Treasury's decision to expand repurchases ahead of schedule outside the quarterly refinancing window aims to signal close monitoring of long-end interest rate dynamics to the market, thereby buying time for the November refinancing window. The recent rise in the 10-year Treasury yield and curve steepening primarily reflect the market's repricing of energy prices and central bank policy trajectories, rather than concerns over deficits or supply. Morgan Stanley maintains its recommendation for a 7-year versus 30-year Treasury curve steepening trade, targeting a spread of 100 basis points (currently around 71 basis points). On the FX front, coordinated volatility in gold and the Swiss franc hit an annual peak on August 19; should the U.S. dollar policy narrative reassert itself, EUR/USD is likely to approach 1.2150.
CME CEO: trade.xyz and Hyperliquid Are Having a Real Impact on the U.S. Market
Odaily News: CME Group Chairman and CEO Terry Duffy said this morning at a CFTC Innovation Advisory Committee meeting that trade.xyz and Hyperliquid are having a tangible impact on the U.S. market. trade.xyz, a leading market builder on the Hyperliquid chain, focuses on perpetual contracts for equities, commodities, and pre-IPO assets, and its trading volume already accounts for a significant share of Hyperliquid's activity. Terry Duffy has previously voiced concerns on multiple occasions regarding leverage and regulatory issues associated with such offshore platforms. Additionally, Terry Duffy clashed with CFTC Chairman Michael Selig and Kalshi Chief Operating Officer Luana Lopes Lara over prediction market regulation. Duffy noted that certain prediction market contracts carry manipulation risks, particularly those listed via self-certification. He pointed out that contracts tied to the content of the President's State of the Union address and the timing of Venezuelan President Nicolás Maduro's departure from office may be susceptible to manipulation, adding that this is detrimental to the entire industry.
Analyst: Binance's Reserve Assets Only Declined Marginally After Attack, User Impact Limited
Odaily report: Crypto analyst Darkfost posted that although Binance yesterday suffered an attack suspected to be linked to the North Korean hacker group Lazarus Group, with losses of approximately $6.3 billion—the largest theft in crypto industry history—the platform's reserve assets only declined modestly, and the impact on users appears limited.Data shows that during the attack, Binance saw outflows of 18,279 BTC, 185 million XRP, and $1.67 billion USDT at one point; ETH flowed out in two batches, totaling 246,840 coins (167,464 and 79,376 respectively). Based on same-day reserve changes, BTC reserves fell 3.1% to over 682,000 coins, ETH dropped 8.5% to 3.3 million coins, XRP declined 8% to 2.47 billion coins, and USDT decreased 6.3% to $34.1 billion.Additionally, Binance stated it has frozen approximately $3 billion in related assets, including $1.567 billion USDT and over $800 million USDC, and pledged to absorb losses through the SAFU fund and company reserves. Darkfost believes the magnitude of change in Binance's reserve assets indicates the platform still possesses a certain capacity to absorb shocks.
ETF Store President: U.S. Treasury's Section 351 Exchange Guidance May Affect Crypto ETF Tax Arrangements, Actual Impact Less Optimistic Than Industry Expectations
Odaily News: Nate Geraci, President of ETF Store, commented on the U.S. Treasury Department's latest notice regarding Section 351 exchanges, stating that his initial interpretation is not as optimistic as that of some industry participants.Geraci believes that problems may arise if the asset portfolio transferred into an ETF differs significantly from the ETF's own investment strategy, especially in cases where the relevant assets are subsequently rapidly reduced or completely sold through in-kind redemptions. He also noted that the Treasury's guidance this time is not clear in its表述 of specific applicable boundaries, making it currently difficult to determine which operations may be permitted, and he expects further guidance to be issued in the future.
Mizuho: Clarity Act Could Intensify Long-Term Competition in Stablecoins, Negative Impact on Circle
Mizuho analysts stated that if the U.S. crypto market structure bill, the "Clarity Act," is passed, while it may generally benefit the digital asset industry, the long-term impact on Circle could be negative. The reason is that regulatory clarity will attract more large institutions into the stablecoin market, further accelerating stablecoin commodification and eroding the revenue potential of Circle's USDC.Mizuho believes that the primary pressure Circle faces in the near term comes from Open USD. This stablecoin project is backed by a coalition of over 140 financial, technology, and crypto companies, with members including Visa, Mastercard, Stripe, BlackRock, and Coinbase. Unlike Circle's model, which retains approximately 38% of USDC reserve yields, Open USD employs a "pass-through" model, distributing nearly all reserve yields to distribution partners while retaining only a small management fee.Analysts also noted that Coinbase, as the largest distributor of USDC, also supports Open USD. This could give Coinbase stronger bargaining power when renegotiating its revenue-sharing agreement with Circle in the future. The distribution agreement between the two parties could be up for renegotiation as early as next month.
Analysis: OpenAI IPO Delay Rumors Impact Market Sentiment, US Stock Futures Fall, Tech and Chip Sectors Lead Declines
US stock futures fell across the board on Friday, with the tech sector leading the decline, as market concerns over rising AI infrastructure costs and a slowdown in fundraising pace intensified. Nasdaq 100 futures fell 1.2%, S&P 500 futures dropped 0.5%, and Dow Jones futures lost 67 points (-0.1%). Chip stocks broadly weakened following reports that OpenAI is considering postponing its IPO until next year, citing increased volatility in AI-related stocks, unstable market sentiment, and even the impact of SpaceX’s weak post-IPO performance.JPMorgan's trading desk noted that this news has reinforced market concerns about the sustainability of AI infrastructure investments and could affect the pace of future capital market fundraising. Vital Knowledge analyst Adam Crisafulli also stated that the IPO delay could slow down the overall expansion rate of AI infrastructure spending.In the chip sector, Philadelphia Semiconductor-related stocks came under pressure, with ON Semiconductor falling over 13% after acquiring Synaptics. Micron Technology and SanDisk both declined by more than 5%. The XLK ETF tracking the tech sector fell 1.6%, extending the previous session's losses. (CNBC)
Analysis: US Treasury Yields Impact Risk Assets, Bitcoin Drops Below $79,000
Bitcoin slumped shortly after the US stock market opened, briefly breaking below the $79,000 mark, with a daily decline of approximately 3%, trading near its lowest level since May. Market consensus suggests this pullback is closely linked to the sell-off in risk assets triggered by a surge in US Treasury yields.Data shows that the yield on the 10-year US Treasury note rose above 4.55%, reaching its highest level in nearly a year, fueling concerns over tightening liquidity and a reassessment of risk assets. Analysts point out that this level previously triggered adjustments in US stocks and policy expectations last year, and is now once again serving as a key pressure signal.Trading firm The Kobeissi Letter stated that the "panic-driven rally" in the bond market is intensifying, with expectations for prolonged high interest rates growing. The market has begun pricing in the possibility of further rate hikes in the future, quickly cooling the previous "euphoria" in risk assets.From a technical perspective, analysts believe that after encountering multiple rejections from resistance above $82,000, Bitcoin's support structure is weakening. In the short term, it may retest the $75,000–$77,000 range, as the market enters a phase of range-bound trading and directional selection. (Cointelegraph)
Lido Discloses Impact of Kelp Security Incident; ~9% Exposure of EarnETH Affected
Lido has released an update regarding the Kelp security incident, stating that its Earn-series vaults are working with the management team to address the issue, focusing on two key risk areas: rsETH exposure and tightening liquidity in lending markets. Lido emphasizes that its core staking protocol remains unaffected, and both stETH and wstETH remain secure and stable. Currently, only the EarnETH vault holds approximately 9% of its TVL in rsETH exposure; related deposits and withdrawals have been suspended by the management team pending resolution. Of the ~$70 million in ETH stolen in the earlier attack, roughly $70 million has already been recovered; asset recovery and loss allocation efforts are ongoing. To mitigate liquidity pressure, the management team has reduced leverage and optimized position structures, significantly decreasing wETH debt exposure. Should losses ultimately materialize, EarnETH will activate its $3 million “first-loss protection mechanism,” funded by the DAO. Other vaults remain unaffected: DVV and EarnUSD are operating normally. The GGV sub-vault is currently experiencing negative yields due to a combination of recursive staking strategies and rising borrowing rates, but active adjustments are underway. Users’ previously submitted withdrawal requests will be processed at pre-incident valuations.
FBI Responds to Binance Hack Incident: Working with Partners to Assess Impact
According to market sources, the U.S. Federal Bureau of Investigation (FBI) has stated that it is aware of the hack attack on Binance and is currently in communication with relevant partners to understand the scope of the attack and assess its potential impact.
Analyst: Binance's Reserve Assets Only Declined Marginally After Attack, User Impact Limited
Odaily report: Crypto analyst Darkfost posted that although Binance yesterday suffered an attack suspected to be linked to the North Korean hacker group Lazarus Group, with losses of approximately $6.3 billion—the largest theft in crypto industry history—the platform's reserve assets only declined modestly, and the impact on users appears limited.Data shows that during the attack, Binance saw outflows of 18,279 BTC, 185 million XRP, and $1.67 billion USDT at one point; ETH flowed out in two batches, totaling 246,840 coins (167,464 and 79,376 respectively). Based on same-day reserve changes, BTC reserves fell 3.1% to over 682,000 coins, ETH dropped 8.5% to 3.3 million coins, XRP declined 8% to 2.47 billion coins, and USDT decreased 6.3% to $34.1 billion.Additionally, Binance stated it has frozen approximately $3 billion in related assets, including $1.567 billion USDT and over $800 million USDC, and pledged to absorb losses through the SAFU fund and company reserves. Darkfost believes the magnitude of change in Binance's reserve assets indicates the platform still possesses a certain capacity to absorb shocks.
Yi Lihua: The End of the Black Swan Impact and Midterm Elections Marks the Best Opportunity to Buy the Dip
Odaily reports: Liquid Capital founder Yi Lihua posted on X platform, stating: "We repeatedly called for a pullback every day, but never expected the strong support level of $79,000 to be broken by a black swan event. This was not part of the plan. The originally planned $75,000 and $71,000 levels need to be re-observed and adjusted due to changed circumstances. However, the end of the black swan impact and the midterm elections marks the arrival of the best opportunity to buy the dip."
Binance Responds to Suspected Theft: Under Investigation, Impact on User Funds Not Yet Confirmed
A Binance spokesperson told Cointelegraph that it is investigating a potential security issue with an Ethereum wallet. The security team is reviewing related activities, and no impact on user funds has been confirmed at this time.
NEAR Co-Founder: NEAR Intents and near.com Restored; Attack Impact Limited to USDT on BSC
Illia Polosukhin stated that the attack involving approximately $3.8 million only affected USDT on BSC. NEAR Intents and near.com are now back online, and affected users will receive full compensation.
Ethena Responds to Ethereum Node Operator Security Incident: Expected Not to Impact Ethena
Ethena founder Guy Young stated that USDe backing assets currently have no direct exposure to stETH or other liquid staking tokens, and he expects this incident will not impact Ethena.
Galaxy: Decision Market Manages $50.5M in Assets as Conditional Market Accelerates Expansion to Mainnet and Multi-chain
According to a Galaxy research report, event-driven finance is gradually surpassing traditional prediction markets and expanding into "conditional markets" (Conditional Markets) that encompass decision markets (Decision Markets) and impact markets (Impact Markets). Currently, 22 decentralized autonomous organizations (DAOs) utilize decision markets for governance, managing a total asset value of $50.5 million, of which $35.8 million consists of stablecoins; the MetaDAO ecosystem accounts for 78% of total managed assets and 82% of stablecoin assets.
NEAR Co-Founder: NEAR Intents and near.com Restored; Attack Impact Limited to USDT on BSC
Illia Polosukhin stated that the attack involving approximately $3.8 million only affected USDT on BSC. NEAR Intents and near.com are now back online, and affected users will receive full compensation.
Ethena Responds to Ethereum Node Operator Security Incident: Expected Not to Impact Ethena
Ethena founder Guy Young stated that USDe backing assets currently have no direct exposure to stETH or other liquid staking tokens, and he expects this incident will not impact Ethena.
ETF Store President: U.S. Treasury's Section 351 Exchange Guidance May Affect Crypto ETF Tax Arrangements, Actual Impact Less Optimistic Than Industry Expectations
Odaily News: Nate Geraci, President of ETF Store, commented on the U.S. Treasury Department's latest notice regarding Section 351 exchanges, stating that his initial interpretation is not as optimistic as that of some industry participants.Geraci believes that problems may arise if the asset portfolio transferred into an ETF differs significantly from the ETF's own investment strategy, especially in cases where the relevant assets are subsequently rapidly reduced or completely sold through in-kind redemptions. He also noted that the Treasury's guidance this time is not clear in its表述 of specific applicable boundaries, making it currently difficult to determine which operations may be permitted, and he expects further guidance to be issued in the future.
Goldman Sachs: SEC Greenlights Tokenized Stocks, COIN Primary Beneficiary Despite Limited Impact
According to Chaoxiang Research, Goldman Sachs’ September 18, 2026 research report indicates that the SEC issued an order on September 17 granting a five-year conditional registration exemption to designated exchanges and liquidity providers, permitting them to offer tokenized stock trading in the United States. The exemption requirements include the mandatory use of automated market maker (AMM) order books, eligibility restricted solely to native tokenized stocks, and issuers retaining the right to veto tokenization prior to trading commencement. Goldman Sachs assesses that Coinbase (COIN) will derive the greatest benefit, as its current tokenized stock product already satisfies most exemption criteria; Robinhood (HOOD) will need to develop new offerings; and traditional exchanges are expected to experience limited direct impact.
Danish Central Bank Releases Stablecoin Analysis Report: Global Development Trends and Domestic Impact Assessment
According to Analytical Report No. 15 released by the National Bank of Denmark, stablecoins—as crypto assets pegged to fiat currencies—have witnessed steady growth in global adoption in recent years and garnered widespread attention. The report indicates that while stablecoin usage remains relatively limited in Denmark, further penetration by foreign stablecoins could have profound implications for the nation's payment systems, financial markets, banking sector, and monetary policy transmission. The Danish Central Bank emphasized that while encouraging financial innovation, it must remain vigilant regarding the potential risks stablecoins pose to monetary system stability and payment security, and will continue to closely monitor their ongoing developments.
Related news
FBI Responds to Binance Hack Incident: Working with Partners to Assess Impact
According to market sources, the U.S. Federal Bureau of Investigation (FBI) has stated that it is aware of the hack attack on Binance and is currently in communication with relevant partners to understand the scope of the attack and assess its potential impact.
Analyst: Binance's Reserve Assets Only Declined Marginally After Attack, User Impact Limited
Odaily report: Crypto analyst Darkfost posted that although Binance yesterday suffered an attack suspected to be linked to the North Korean hacker group Lazarus Group, with losses of approximately $6.3 billion—the largest theft in crypto industry history—the platform's reserve assets only declined modestly, and the impact on users appears limited.Data shows that during the attack, Binance saw outflows of 18,279 BTC, 185 million XRP, and $1.67 billion USDT at one point; ETH flowed out in two batches, totaling 246,840 coins (167,464 and 79,376 respectively). Based on same-day reserve changes, BTC reserves fell 3.1% to over 682,000 coins, ETH dropped 8.5% to 3.3 million coins, XRP declined 8% to 2.47 billion coins, and USDT decreased 6.3% to $34.1 billion.Additionally, Binance stated it has frozen approximately $3 billion in related assets, including $1.567 billion USDT and over $800 million USDC, and pledged to absorb losses through the SAFU fund and company reserves. Darkfost believes the magnitude of change in Binance's reserve assets indicates the platform still possesses a certain capacity to absorb shocks.
Yi Lihua: The End of the Black Swan Impact and Midterm Elections Marks the Best Opportunity to Buy the Dip
Odaily reports: Liquid Capital founder Yi Lihua posted on X platform, stating: "We repeatedly called for a pullback every day, but never expected the strong support level of $79,000 to be broken by a black swan event. This was not part of the plan. The originally planned $75,000 and $71,000 levels need to be re-observed and adjusted due to changed circumstances. However, the end of the black swan impact and the midterm elections marks the arrival of the best opportunity to buy the dip."
Binance Responds to Suspected Theft: Under Investigation, Impact on User Funds Not Yet Confirmed
A Binance spokesperson told Cointelegraph that it is investigating a potential security issue with an Ethereum wallet. The security team is reviewing related activities, and no impact on user funds has been confirmed at this time.
AMC CEO Issues Another Warning: Opposes Robinhood's Issuance of AMC Stock Tokens in the US, Could Impact Company's Capital Structure
AMC CEO Adam Aron has once again expressed opposition on the X platform regarding Robinhood's issuance of stock tokens, stating that AMC does not agree with Robinhood issuing tokens in the US that replicate AMC stock.Aron stated that such tokens are "fake synthetic stocks" and could impact AMC's capital structure. He also said that the SEC requires Robinhood to obtain AMC's consent, or at least ensure that AMC does not raise objections, and emphasized that AMC should control its own financial destiny rather than have it decided by Robinhood.
Selling Thousands of Bitcoin Did Not Negatively Impact Price, Michael Saylor Explains Strategy's Bitcoin Buying and Selling Approach
Odaily reports: Bitcoin News posted on X platform that Michael Saylor explained that Strategy intentionally wants investors to accept that selling Bitcoin is part of its overall financial strategy. When Strategy initially sold 32 Bitcoin, the market overreacted; subsequently, the market absorbed the sale of thousands of Bitcoin without any negative impact on price. Saylor stated that Strategy must be able to buy and sell Bitcoin when it serves the interests of shareholders and credit investors.