Micah Zimmerman
MARA Sells 13,597 Bitcoin for $1.1 Billion, Says More Sales Are Coming
MARA sold about 40% of its bitcoin stack after Sept. 30, used $750 million to repay all its BTC-backed term loans and said it will keep selling to fund AI infrastructure, convertible note puts and buybacks.
Hyperscale Data (GPUS) Sells Its Last Bitcoin for AI Data Center, Months After Chasing $100 Million Treasury
Hyperscale Data sold its remaining 211.56 bitcoin for about $16 million by Nov. 8, bringing sales since late July to about 1,113 BTC as it races to energize 10 MW of AI capacity in Michigan in December.
Onramp Launches Business Bitcoin Accounts With Two-Person Withdrawal Approvals as Wrench Attacks Climb
The Austin firm rolled out a free company account with named users and second-person withdrawal approvals, plus a higher Treasury tier that splits keys across three institutions.
Bitcoin Price Trades Down Near $73,500 After Hot CPI Print Lifts Fed Hike Bets
Bitcoin price slipped to $73,500 Tuesday morning after October consumer prices rose 0.4%, topping forecasts and pushing traders toward a bigger Federal Reserve rate hike in December.
Amundi Boosts Strategy (MSTR) Stake 44% to $291 Million as Shares Slide
Europe's largest asset manager raised its Strategy holding to 1.9 million shares in the third quarter, a 13F shows, even as MSTR has since fallen about 18% from quarter-end.
Elizabeth Warren Plans Prediction Market Crackdown as She Prepares to Chair Senate Banking
A Warren banking aide says the incoming Senate Banking chair will target prediction markets' "Wild West-style lack of oversight," after she and Sen. John Curtis pressed Kalshi and Polymarket on election trading.
North Korea Is Minting Its Own Meme Coins to Launder Binance Hack Loot
Elliptic says North Korean launderers created six throwaway meme tokens on NEAR between Nov. 5 and 7, moving about $430,000 of stolen Binance funds through homemade liquidity pools.
TD Cowen Gives Stablecoin Yield Ban 10% Odds as Banks Plan Push in Democrat-Led Congress
TD Cowen's Jaret Seiberg puts only a 10% chance on a congressional ban on platform stablecoin yield over the next two years, even as banks renew their push after Democratic midterm wins.
BlackRock: Security Fears Are Driving Bitcoin Whales Into IBIT
BlackRock's Robbie Mitchnick told Barron's demand to swap directly held bitcoin for IBIT shares is at its highest yet, with "security and peace of mind" the top reason as kidnappings and hacks rise.
Binance to Close Accounts in Four EU Countries Dec. 31, Charging Idle Balances From Nov. 29
Binance told users in France, Spain, Italy and Poland to withdraw their crypto, with deposits blocked, accounts closing Dec. 31 and a monthly fee starting Nov. 29, as the exchange still lacks an EU license.
