- Strategy (formerly MicroStrategy) bought 950 BTC for $75.7 million at an average price of $79,670, increasing total holdings to 846,000 BTC.
- Peter Schiff criticized Strategy for repurchasing Bitcoin it had sold for over $80,000 per coin, after previously selling 6,948 BTC at about $62,150 each, and dismissed Michael Saylor's claim that the CLARITY Act's Senate failure was bullish.
- Cuentas signed a Power-as-a-Service and colocation agreement with Power Upp USA for a West Texas Bitcoin mining operation designed to use methane and associated gas from oil-field operations. Phase 1 targets about 1.5 BTC per month and up to $43,000 in monthly profit.
- Connecting Excellence Group raised £600,000 through a share subscription at 1.50p, with Adam Back contributing £200,000, to fund its Bitcoin treasury, acquisition strategy, and hiring plans.
Quotes
“buying back some of what he sold for over $80K per Bitcoin”
“We believe this project represents an exciting opportunity to connect energy recovery, digital infrastructure and our telecommunications strategy”
“beginning to be embraced by the market”