Strategy, the corporate treasury firm led by Michael Saylor, sold 3,588 Bitcoin for $216 million to fund preferred stock dividend payments and replenish cash reserves.
Former Tether chief investment officer Richard Heathcote is seeking to sell part of his 1.26% stake in the stablecoin issuer, according to a Bloomberg report citing people familiar with the matter.
The Trump administration’s plan to establish a US Strategic Bitcoin Reserve has encountered a significant hurdle, as federal agencies clash over oversight and legal authority, according to a Bloomberg report.
ByteDance and Alibaba are disabling humanlike agent features in their flagship AI products ahead of China's first regulation targeting emotional AI, set to take effect on July 15.