Trump reveals up to $100K Strategy stock purchase in ethics filing
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STRATEGY CONDUCTS $25M STRC STOCK BUYBACK: FILING https://t.co/Da0M9Qzc8Q
AggrNews News, Strategy Conducts $25M Strc Stock BUYBACK: Filing HTTPS://T.CO/DA0M9QZC8Q
Strategy skips Bitcoin buy to repurchase $176M of STRC preferred shares
Strategy repurchased $176 million worth of its STRC preferred stock and doubled the size of its digital securities repurchase program to $2 billion, while pausing on new Bitcoin buys.
Bloomberg ETF analyst: US stocks are "too big to fail," and the Federal Reserve may purchase stock ETFs to rescue the market.
PANews reported on July 7th that Eric Balchunas, senior ETF analyst at Bloomberg, released research stating that the US stock market is gradually becoming a de facto "retirement fund" for Americans. With approximately 55% of Americans holding stocks and the "Trump Accounts" program expected to add about 28 million new investors, the link between the stock market and household wealth, pensions, and social stability is becoming increasingly close. He believes that in the next major bear market, the Federal Reserve is highly likely to purchase stock ETFs for the first time to stabilize the market, similar to its purchase of corporate bond ETFs in 2020, and the actions of the central banks of Japan and China. Balchunas believes that future political pressure will make a prolonged bear market increasingly intolerable, and the continued inflow of funds into ETFs on dips and investors' widespread expectation of government intervention also reflect this trend.
Strategy buys 950 Bitcoin for $76M, repurchases $174M in STRC
Strategy bought 950 Bitcoin for $75.7 million after a two-week pause and spent another $174 million repurchasing its STRC preferred stock.
Why Trump Backed Tougher Ethics Rules in Clarity Act, and Why the Crypto Industry Thinks It Can Pass
Republicans' "last, best and final offer" wins Trump's backing on stronger ethics rules and concedes on DeFi and stablecoin sticking points, but it's unclear if enough Democrats will cross over Tuesday.
Strategy buys $370M Bitcoin in first corporate purchase since June
Strategy added to its BTC treasury for the first time in two months, while continuing to bolster its cash reserves and buy back its perpetual STRC preferred stock.