News list for "buys"
Arthur Hayes, co-founder of crypto investment fund Maelstrom, bought the Ethena token this week, tying his latest move to a project vying for control of the USDH stablecoin ticker as Hyperliquid validators head into a decisive vote on Sunday. Hayes has accumulated multiple tranches of Ethena’s ENA token over the past two days, including 578,956 […]
Semler said in a Feb. 4 press release that it bought 871 bitcoins for a total of $88.50 million between Jan. 11 and Feb. 3, with an average purchase price of $101,616 per BTC. The company also reported a total yield of 152% from July 1 (the first full quarter after adopting a bitcoin funding strategy) to February 3. The company notes that the year-to-date yield is 22%.
MicroStrategy continued to spend $100 million to buy bitcoin, with an average position price of $62,503 per piece.
JP Morgan warned that introducing more leverage into Bitcoin markets could make a potential correction all the more painful.
