Crypto Investment

Strategy, formerly known as MicroStrategy, has acquired an additional 22,305 bitcoin, pushing its total holdings past 700,000 coins. The purchases, funded through sales of common and preferred stock, highlight the company's innovative approach to building a bitcoin treasury. This move has drawn interest from major institutional investors like BlackRock.

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Tether, the issuer of a major stablecoin, has made an undisclosed investment of up to $50 million in the cryptocurrency lending platform Ledn. The deal values Ledn at approximately $500 million, according to sources familiar with the transaction.