Headlines

BTC Reclaims $64K as Short Sellers Lose $57.4M in Liquidations

Key Takeaways Bitcoin spiked past $64,000, triggering $220 million in market liquidations amid heavy short squeezes. Strategy distributed common stock sale proceeds toward $4.8B cash reserves and preferred stock actions. MSTR equity holders face value dilution from STRC share buybacks while bitcoin purchases remain frozen Rapid Intraday Recovery Drives Liquidations On Monday, bitcoin reclaimed the…

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RIOT stock gains 4.7% as JPMorgan lifts target to $22

RIOT stock has climbed 4.7% to $19.91 after JPMorgan raised its Riot Platforms price target to $22 following the Bitcoin miner’s $9.1 billion data center agreement reportedly involving Anthropic. Summary JPMorgan raised its RIOT target from $20 to $22 and retained an Overweight rating. Riot’s 20-year data center contract is expected to generate $9.1 billion…

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Strive Buys 79 Bitcoin, Expands Its $1.27B Corporate BTC War Chest – Bitcoin News

Key Takeaways Strive bought 79 BTC from Aug. 10-14, lifting holdings to 20,246 bitcoin. Strive’s bitcoin treasury was valued near $1.273 billion at recent BTC prices. Investors will watch Strive’s future issuances, cash and BTC-per-share growth. The Dallas-based public asset manager accumulated the bitcoin (BTC) between Aug. 10 and Aug. 14 at an average cost…

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UK Considers Tighter DNA Screening Rules Over AI Bioweapon Risks

British ministers are considering tighter gene-synthesis safeguards to prevent terrorists and other malicious actors from using artificial intelligence to help design biological threats. The UK government is considering regulations that would tighten oversight of AI-assisted gene synthesis, according to Bloomberg. Officials are increasingly worried that weak international safeguards could make it easier for terrorists, malicious…

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