Category: Bitcoin News

Bitdeer trims Bitcoin reserves below 1,000 BTC threshold

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Summary Bitdeer cut 96.5 BTC from its treasury last week, leaving about 943.1 BTC in reserves.​ The miner’s holdings slipped under the 1,000 BTC mark despite ongoing production activity.​ Market watchers track miner selling as Bitdeer manages costs and balance sheet exposure. Bitdeer Technologies Group, a Nasdaq-listed Bitcoin (BTC) mining company, reduced its Bitcoin holdings by 96.5 bitcoins last week, bringing total reserves to approximately 943.1 bitcoins, according to data compiled by BitcoinTreasuries. The decline pushed the company’s Bitcoin reserves below the 1,000 bitcoin threshold, according to reserve information released…

Steak ’n Shake credits Bitcoin payments for sales boost

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Nine months after introducing Bitcoin payments, popular U.S. burger chain Steak ‘n Shake says its pivot toward crypto is paying off — both at the register and on the balance sheet. Summary Steak ’n Shake says same-store sales have risen sharply since it began accepting Bitcoin payments nine months ago. Bitcoin payments are directed into a Strategic Bitcoin Reserve, which helps fund Bitcoin-based bonus pay for employees. The company says it has combined its cash-generating restaurant business with Bitcoin’s long-term potential, deepening its crypto commitment. In a recent post marking…

Metaplanet stock falls as massive Bitcoin bet backfires

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Metaplanet stock edged up just about 3% on the daily chart following the earnings release, but the broader trend remains under pressure. Despite the short-term bounce, the stock is still down roughly 37% over the past month, highlighting investor concerns over the company’s aggressive Bitcoin accumulation strategy and volatile earnings profile. Summary Metaplanet stock rose about 3% after earnings, but remains down roughly 37% over the past month, reflecting continued investor caution. The company reported ¥8.9 billion in revenue (+738% YoY) and ¥6.3 billion in operating profit, but posted a…

New Dutch Tax Law to Hit Bitcoin and Ethereum Holders With 36% Levy on ‘Paper Gains’

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Dutch lawmakers have approved legislation introducing a 36% tax on actual investment returns starting in 2028. The law applies to both realized and unrealized gains, including cryptocurrencies such as bitcoin and ethereum, meaning paper gains will be taxed even if assets are not sold. Taxing the ‘Paper Gains’ The Dutch House of Representatives has passed […] Original

Bitcoin Struggles to Surface Above $70K, Wintermute Notes

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Wintermute’s latest macro update paints a jittery picture for digital assets, with bitcoin stuck below the $70,000 range as macro crosscurrents and fading conviction keep traders cautious, according to trading strategist Jasper De Maere. Bitcoin Finds 200-Week Support but Lacks Conviction, Wintermute Strategist Says Wintermute’s analysis describes a market that is steady in price but […] Original

Coinbase Retail Users Buying Bitcoin Dip — CEO Says ‘They Have Diamond Hands’

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Coinbase data shows retail investors are buying the bitcoin dip despite sharp market losses, as CEO Brian Armstrong reinforces long-term bullishness and expands products, signaling confidence in crypto’s resilience and financial system ambitions. Coinbase Data Shows Retail Buying Dip Despite Macro Pressure, Brian Armstrong Signals Strength Coinbase CEO Brian Armstrong shared on social media platform […] Original

Strategy Declares It Can Survive $8K Bitcoin Crash — Fortress Balance Sheet Keeps Bull Case Alive

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Strategy says it can endure a bitcoin plunge to $8,000 without jeopardizing its debt obligations, underscoring the company’s aggressive accumulation strategy and fortress balance sheet as it navigates volatility and reinforces long-term confidence in its crypto-heavy treasury model. Strategy Declares $8K Bitcoin Is Survivable — Fortress Balance Sheet Fuels Long-Term Optimism Strategy Inc. (Nasdaq: MSTR), […] Original

Bitcoin price forms major risky pattern, futures open interest tumbles

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Bitcoin price retreated for the second consecutive day as investors booked profits after it crossed the important $70,000 resistance level following the encouraging U.S. inflation report. Summary Bitcoin price has formed a bearish pennant pattern on the daily chart. The futures open interest has continued falling in the past few months and is now at its lowest level since 2024. Spot Bitcoin ETFs have shed billions of dollars in assets in the past four months. Bitcoin futures open interest has tumbled Bitcoin (BTC) dropped to $68,500 on Monday, down from…