News linked to both this project and an event.
Binance founder CZ stated that the company's MiCA license application in Greece fully met regulatory requirements before its withdrawal and was close to approval. However, the process was ultimately disrupted due to the intervention of "external political factors."In an interview, CZ mentioned that several countries within the EU had expressed interest in the license, with some even showing a degree of "competitive pursuit." Ultimately, the regulatory progress was affected by factors outside the regulatory sphere, forcing the withdrawal of the application. Binance formally withdrew its Greek application last week and stated it would pursue MiCA authorization in other EU member states. Addressing market rumors linking him to high-level EU political figures, CZ said he had not seen any verifiable documents and had only encountered similar claims online, which he could not confirm.CZ also noted that the MiCA transitional period in the EU is set to end on July 1st. After that date, platforms without a license must cease related services. National regulatory bodies have made it clear there will be no extensions. He described the outcome as a "lose-lose situation" and, citing the regulatory histories of Japan and Singapore, emphasized that compliance processes often require a longer cycle.Furthermore, when discussing Strategy's STRC preferred stock product, CZ described its structure as "too complex" and said he found it difficult to fully understand its mechanism. However, he stressed that he was not making a judgment on the credibility of its founder, Michael Saylor, whom he considers a "staunch Bitcoin supporter." (The Block)
According to the official announcement, Bitget has listed STRC (Strategy Variable Rate Perpetual Preferred Stock) stock perpetual contracts. The contract is settled in USDT, supports up to 20x leverage, and supports 7*24 hour trading. For more details, please refer to the Bitget official platform.
Based on previous patterns, Strategy always discloses its Bitcoin acquisition information the day after related news is released.
law firm Rosen Law Firm has announced an investigation into Michael Saylor's company Strategy (MSTR) and STRC, concerning potential securities law claims. According to the law firm, Strategy "may have issued materially misleading business information to the investing public," and is therefore evaluating related investor losses and potential legal liabilities.
Strive Vice President Joe Burnett posted on X platform, stating that before the Luna/UST collapse, the circulating supply of UST was approximately $18.7 billion, backed by only about $3.1 billion in BTC, and UST could be redeemed instantly.Today, Strategy holds approximately $51.5 billion in BTC, with the outstanding STRC amounting to about $10.5 billion, and STRC cannot be redeemed instantly. There are significant differences between the two.
: According to official sources, MGBX will list AMDB (Advanced Micro Devices), EWYB (iShares MSCI South Korea ETF), INTCB (Intel), and MSTRB (Strategy Inc) for spot trading at 18:00 (SGT) on June 24, 2026.Deposit opening time: 16:00 (SGT) on June 24, 2026Trading opening time: 18:00 (SGT) on June 24, 2026Withdrawal opening time: 19:00 (SGT) on June 25, 2026
CryptoQuant suggests Michael Saylor's Strategy should currently pause further Bitcoin purchases and instead prioritize rebuilding its cash reserves, as its dividend obligations have significantly increased, cash reserves have sharply declined, and unrealized losses on Bitcoin are widening.Julio Moreno, Head of Research at CryptoQuant, pointed out that Strategy's preferred stock, STRC, fell to $82.50 last week, a 17.5% discount from its $100 par value, marking its largest historical discount. This pressure stems from the bearish Bitcoin market environment and the company's diminished cash buffer capacity.The report states that Strategy recently repurchased $1.5 billion of its 0% convertible senior notes due 2029, further reducing the cash buffer available to support STRC dividend payments. Meanwhile, the company's cash reserves have declined by 38% since the beginning of 2026.On the other hand, as Strategy issues more STRC to finance Bitcoin purchases, its annualized dividend obligation has risen from approximately $300 million at the start of the year to roughly $1.2 billion currently—a nearly fourfold increase in less than six months. CryptoQuant believes the company should become more selective in its Bitcoin purchases rather than continuing indiscriminate accumulation amid intensifying cash pressures.
According to Wintermute’s market weekly report, a significant macroeconomic shift occurred during the week ending June 22: The U.S. Federal Reserve held its benchmark interest rate steady at 3.50%–3.75%, but its statement adopted markedly tighter language—removing all references to accommodative policy. The median dot-plot projection rose from 3.4% to 3.8%, and 17 of the 18 FOMC members assessed inflation risks as skewed upward. The probability of a December rate hike surged from roughly 24% one month earlier to approximately 77%. Meanwhile, the Iran nuclear deal—originally scheduled for signing on June 19—collapsed following Israeli airstrikes on Lebanon, prompting Iran to withdraw from negotiations. Qatar is now attempting to extend talks until the end of June. With U.S. equity markets closed for Juneteenth, they failed to react promptly; crypto markets bore the brunt first—BTC peaked near $67,000 midweek before retreating to around $62,000, posting a weekly decline of 3.8%; ETH once again fell below $2,000, dropping into the mid-$1,700 range, down 1.2% for the week; over the weekend, approximately $600 million in long positions were liquidated, while less than $90 million in short positions were cleared—highlighting persistent leverage imbalance. Wintermute noted that the narrative of forced selling by “Strategy” players has dissipated (net BTC purchases totaled 1,587 BTC between June 8–14), yet marginal demand from both ETFs and Strategy participants has clearly weakened compared to prior periods. Capital inflow channels remain unopened, and the market is stabilizing primarily under light positioning and low leverage.
U.S. President Donald Trump signed Executive Order No. 14411 on June 22, updating the National Quantum Strategy to advance research, development, deployment, and commercialization of quantum computing, quantum sensing, quantum networking, and related manufacturing ecosystems. The order also mandates strengthening the quantum supply chain, cultivating talent, protecting technologies, and enhancing international coordination to sustain U.S. strategic leadership in quantum information science and technology and bolster related national security capabilities.
Strategy founder Michael Saylor posted on X, stating that Strategy has increased its dollar reserves by $300 million to $1.4 billion, and plans to continue replenishing reserves to support the credit quality of its digital credit securities. Meanwhile, Strategy acquired 520 BTC for $35 million, bringing its BTC reserves to 847,363 BTC.
BIT's analysis today notes that over the past 30 days, the combined capital flows from stablecoins, Strategy, and Bitcoin ETFs have turned net negative, reaching a record high of $8 billion. This indicates that institutional investors are reducing risk exposure ahead of the summer season.Unlike the Q4 2025 period when inflows only slowed slightly, capital flows have now clearly shifted to net outflows. Without a significant positive catalyst (such as the Fed turning dovish), buy-side recovery could prove challenging.This suggests that Bitcoin's decline from $82,000 to $62,000 may have a greater impact than its previous correction from $102,000 to $82,000. Against a backdrop of limited upside potential, short volatility strategies may still present opportunities.
Michael Saylor, founder of Strategy, has once again released information regarding the Bitcoin Tracker. Consistent with prior patterns, Strategy always discloses its Bitcoin purchases the day after related announcements.
According to CoinDesk, STRC—Strategy’s dividend-paying preferred stock—recently fell below its $100 par value, sparking market discussion about the company’s capital structure and solvency. Key timeline events are reviewed below: May 14: STRC closed at $100 on the ex-dividend date; Bitcoin’s price remained above $80,000, yet market stress was already evident. Concurrently, Strive Asset Management announced its competing product, SATA, would adopt a daily dividend mechanism, raising its yield to 13%, further intensifying competitive pressure on STRC. May 15: Strategy announced it would repurchase $1.5 billion of its 2029 convertible bonds at an ~8% discount. The market subsequently noted that the company used its U.S. dollar cash reserves—previously earmarked for dividend and debt servicing—to execute this transaction. May 26: Strategy confirmed its cash reserves were deployed in the bond repurchase, reducing its cash balance to approximately $871 million—enough to cover only about six months of STRC dividend payments, down from its prior target of maintaining roughly 24 months of coverage. June 1: Strategy sold 32 BTC—the first Bitcoin sale since 2022—to demonstrate its ability to support dividend payments via asset sales. Following the announcement, MSTR’s stock price dropped 5.9%.
Odaily news, Michael Saylor posted on X platform to review Strategy's Bitcoin strategy journey, stating that when he gave the relevant speech in October 2022, the price of Bitcoin was about $20,000, Strategy held 130,000 BTC at the time, valued at approximately $2.6 billion, and the stock MSTR (adjusted for stock split) was priced at around $24.Michael Saylor stated that weeks later, Bitcoin fell below $16,000, and the company's debt once exceeded the total value of its BTC and cash reserves by about $300 million. The MSTR stock price also dropped to around $13 by the end of 2022. Strategy then persisted in executing its Bitcoin strategy, strengthened company operations, and continued to raise funds to invest in BTC. Since 2022, the company has raised over $60 billion in new capital, which was used to purchase Bitcoin, adding more than 716,000 BTC to its holdings.Michael Saylor said that currently, the value of BTC and dollar reserves held by Strategy exceeds the company's debt by approximately $48 billion. He thanked the investors who have long supported the company and stated that the company will continue to adhere to its long-termist strategy in the future.
Lite Strategy, a Nasdaq-listed Litecoin treasury company, has announced leading a $1 million strategic investment in LitVM. The investment also grants governance participation rights and potential future token subscription opportunities. LitVM is a zero-knowledge Layer 2 scaling network built on Litecoin. The new funds will support its ability to introduce smart contract capabilities and a programmable application layer for Litecoin after its mainnet launch. (Globenewswire)
According to The Block, Kraken officially launched its on-chain DEX trading functionality on June 18, enabling users to directly access thousands of tokens within the Solana ecosystem through Kraken’s main app—without leaving their familiar interface. This launch is powered by Kraken’s embedded wallet infrastructure Privy and several leading Solana DEX protocols. DEX assets will be displayed alongside existing assets in the Portfolio view, and users can trade using their USD or USDC balances. Kraken stated that it plans to expand DEX functionality to additional ecosystems in the future.
Strategy stated on X platform that its Bitcoin reserves are sufficient to cover 32 years of dividend payments. Skeptics like economist Peter Schiff argue that this calculation ignores the potential of selling Bitcoin to depress prices, the assumption of flat prices, and new obligations arising from additional share issuances. Supporters emphasize the company's massive reserve scale and Bitcoin's recent 7% price increase. As of June 14, 2026, Strategy holds a total of 846,842 Bitcoins, with an aggregate purchase cost of approximately $64.07 billion.
Bitget has officially launched the AI trading strategy workflow layer, GetAgent Playbook—an industry-first user-facing implementation of the Agent Harness framework. Users no longer need to craft prompts manually; instead, they can select, preview, configure, and launch AI trading strategies directly from the Agent Playbook strategy library—all running within isolated sub-accounts for fully auditable operations and transparent workflows. This feature is currently available exclusively to GetAgent Plus and Pro users. Gracy Chen, CEO of Bitget, stated: “AI trading is evolving from simple Q&A interactions toward full-fledged workflows—and prompt engineering remains the biggest source of complexity. Playbook solves this by offering a ready-to-use strategy library (Agent Playbook), enabling users to effortlessly translate their trading ideas into executable, adjustable strategies powered by Agents.” To date, Bitget’s AI trading tools have attracted over one million users, with cumulative trading volume exceeding $1.2 billion. The Agent Hub spans nine core modules and 57 distinct tools, supporting read-only mode, demo trading environments, and Agent-dedicated sub-accounts—completely isolating Agent operational permissions from the main account. It seamlessly integrates across spot, derivatives, copy trading, and wealth management services, and uniquely supports tokenized U.S. equities trading.
According to The Block, Alexandre Laizet, Director of Capital B—a French-listed Bitcoin reserve company—said the company is developing a Bitcoin-backed digital credit instrument for the European market, modeled after Strategy’s STRC and Strive’s SATA.
According to The Block, Susie Ward, CEO of Bitcoin Policy UK, publicly criticized Strategy founder Michael Saylor’s promotional video for STRC during an interview at last week’s BTC Conference in Prague, calling it “dishonest” for failing to accurately disclose the product’s risk profile. STRC is a perpetual preferred share offering an 11.25% dividend; Strategy raises funds through its issuance to continuously purchase bitcoin. Ward stated that although she is a staunch bitcoin supporter and also a shareholder of Strategy, she remains cautious about the company’s model of accumulating bitcoin via leverage and equity dilution—arguing that such practices tie bitcoin’s reputation to “fiat games,” with some projects resembling meme coin pump-and-dump schemes.