Micah first discovered Bitcoin in 2018 but remained a skeptic on the sidelines for too long. Since 2021, he has covered crypto and business and now works as a news reporter for Bitcoin Magazine, based in North Carolina.
Ark Labs announced it secured $5.2 million in a seed funding round led by Tether alongside investors including Ego Death Capital, Epoch VC, Lion26, Sats Ventures and Contribution Capital.
Strive said it raised the dividend rate on its SATA preferred stock to 12.75%, narrowed the trading range guidance, and added 179 bitcoin to its balance sheet.
Matt Hougan of Bitwise says a $1 million bitcoin is plausible if the global store-of-value market continues growing and bitcoin captures a larger share.
Investment bank B. Riley assigned Strategy Inc. (NASDAQ:MSTR) and Strive, Inc. (NASDAQ:ASST) Buy ratings and price targets of $175 and $12, respectively.