In this week’s edition of the weekly recap, Strategy disclosed its third-largest Bitcoin purchase of the year, adding $200 million worth of the asset to reach approximately 720,750 total holdings. Summary Strategy bought $200M in Bitcoin, raising holdings to about 720,750 BTC. Deloitte verified USAT reserves in the stablecoin’s first attestation. Kazakhstan plans a $350M…
Unlike the Fairbuds XL, which can be almost completely disassembled in nine parts, the Mix are composed of four main ingredients: the headband, the ear cups, the ear cushions, and the battery. While repairability is clearly a benefit, Fender’s main focus is on the ability to mix and match the parts—hence the name. Eventually, each…
Iran’s Assembly of Experts has named Mojtaba Khamenei, the 56-year-old son of the late Supreme Leader Ayatollah Ali Khamenei, as the country’s new supreme leader, according to state media reports on Sunday. In a significant development amid the ongoing conflict with the United States and Israel, Iranian state media announced that the clerical Assembly of…
BlockFills, the Chicago-based crypto options and lending platform backed by Susquehanna, is preparing for a corporate restructuring after suffering substantial financial losses and facing legal action from a customer alleging mishandling of funds. According to a Financial Times report, the firm has engaged consulting group BRG and law firm Katten Muchin Rosenman to advise on…
ModRetro, the vintage gaming startup by Palmer Luckey, is in talks to raise funding at a $1 billion valuation, according to the Financial Times. The company launched its first product, a Game Boy-style handheld device called the Chromatic, in 2024. The Verge’s Sean Hollister said it “might be the best version of the Game Boy…
On Wednesday, the U.S. Securities and Exchange Commission (SEC) filed a motion to settle its massive lawsuit against Tron crypto entrepreneur Justin Sun for a $10 million civil penalty. The deal, if approved by a judge, effectively ends one of the agency’s most high-profile enforcement actions without a drawn-out trial. The agency claimed Sun and…
BYD has shown that ultra-fast EV charging is possible, but the five-minute claim relies on its own vehicle platform and high-power charging network. The post BYD’s EV Charging Breakthrough Still Depends on BYD’s Own Network appeared first on TechRepublic. Source link
Strategy’s massive bitcoin accumulation is back in focus after Michael Saylor shared a chart highlighting continued corporate buying, reinforcing the firm’s position as the largest public-company holder and sparking speculation that another acquisition cycle may be underway. Michael Saylor’s Bitcoin Chart Signals Ongoing Corporate Treasury Accumulation Institutional attention around corporate bitcoin accumulation resurfaced after Strategy’s…
The new hardware is expected to add about 3.05 exahash per second (EH/s) of mining power when deployed at the company’s site in Drumheller. American Bitcoin (ABTC) is expanding its Bitcoin mining operations by purchasing 11,298 new ASIC equipment. The acquisition is expected to increase the company’s total capacity by 12%, supporting its strategy…
Pennsylvania has become the latest state to propose legislation to fight dynamic pricing. The state’s Senate Bill 1205 would prohibit “unfair methods of competition and unfair or deceptive acts or practices in the conduct of any trade or commerce,” namely, promoting or engaging in dynamic pricing. In the bill, dynamic pricing refers to changing the…
