Firm to retire $1.5 billion of 2029 debt for $1.38 billion, citing Bitcoin sales as a funding option amid $8.2 billion debt load. Strategy has agreed to repurchase $1.5 billion of its 2029 convertible senior notes for approximately $1.38 billion. The move is part of a broa
Strategy signaled on Friday that it’s taking major steps to pare down its convertible debt stack, entering into an agreement to repurchase $1.5 billion in notes due in 2029. The Bitcoin-buying firm said in a filing that it expects to pay roughly $1.38 billion to retire deb
Apollo economist warns rising federal deficits may prevent traditional fiscal stimulus during a potential downturn. The U.S. faces heightened financial vulnerability as swelling federal deficits constrain Washington’s ability to deploy fiscal stimulus in a recession, accor
Kraken Parent Payward Cuts 150 Jobs Ahead of Planned IPO According to CoinDesk, Payward, the parent company of crypto exchange Kraken, is laying off approximately 150 employees as part of an optimization and restructuring effort ahead of its planned IPO. The company employ
When you put your money in a traditional savings account, the bank pays you interest. In the world of cryptocurrency, there’s a similar way to earn returns — it’s called yield farming What is yield farming in crypto? Yield farming in crypto is a way to earn rewards
Commerzbank's Commodity Analyst Barbara Lambrecht reports that focus in London is turning to Platinum group metals as the World Platinum Investment Council prepares updated forecasts. The bank expects WPIC to project a fourth consecutive annual deficit, further eroding abo
In brief - Gemini reported Q1 2026 revenue of $50.3 million, up 42% year-over-year. - The crypto exchange secured a $100 million strategic investment from Winklevoss Capital Fund at $14 per share, paid in Bitcoin. - Gemini Olympus, LLC received a Derivatives Clearing... ga
April trade deficit exceeds forecasts as oil and gas import prices push India’s energy bill sharply higher. India’s trade deficit expanded to $28.38 billion in April, surpassing analyst expectations amid rising energy import costs. The gap widened by $8 billion from March’
Firm will repurchase $1.5 billion in 2029 convertible notes for $1.38 billion, potentially using Bitcoin sales for funding. Strategy announced plans to repurchase $1.5 billion principal amount of its 0% Convertible Senior Notes due 2029 for approximately $1.38 billion in c
BTC struggles to convert $82,000 resistance into support, sparking concerns of a potential retest of lower levels. Bitcoin’s inability to sustain levels above $82,000 has raised concerns among traders about a possible downtrend. The cryptocurrency remains rangebound, faili