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Strategy bitcoin sales shine light on faltering crypto hoarding companies
A move by Michael Saylor's bitcoin stockpiling company Strategy to authorize more bitcoin sales has once again shone a spotlight on a clutch of public crypto hoarding companies, which have been buffeted by falling token prices. Strategy's shares briefly bounced on Friday after analysts blessed a plan announced late last month, which included a share repurchase program and authorized as much as $1.25 billion in bitcoin sales. The company, whose shares soared in late 2024 through most of last year before hitting two year lows last month, has already sold about $218 million in bitcoin this year to fund dividends and ... (full story)
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From dailyforex.com | Jul 13, 2026
Bitcoin price rose slightly on Monday, continuing an uptrend that started earlier this month when it bottomed at $57,720. The BTC/USD pair rose to 63,970 as ETF inflows continued rising. Bitcoin ETF Inflows Continue The BTC/USD pair rose to 63,970 as investors continued buying Bitcoin ETFs. Data shows that spot Bitcoin ETFs added over $90 million on Friday, ...