Michael Saylor Clarifies Strategy's Plan to Sell Bitcoin for Dividends

A Senate resolution condemning President Trump's pardon of Binance founder CZ Zhao is backed by Senators Warren and Schiff. The pardon, following Zhao's guilty plea to violating anti-money laundering laws, has raised concerns about conflicts of interest and influence-peddling.

Citi and Coinbase are collaborating to enhance digital-asset payment capabilities for the bank's institutional clients, aiming to streamline fiat pay-ins and payouts and bridge traditional finance with crypto on- and off-ramps. The partnership reflects a shift in the financial landscape towards innovative payment options for global clients.

BitMine Immersion Technologies increased its Ethereum holdings by $321 million last week, now totaling 3.313 million ETH valued at over $13.8 billion. The company's stock is also on the rise, climbing over 5% on Monday.

IBM has partnered with Dfns to launch IBM Digital Asset Haven, a platform for governments and institutions to manage digital assets securely. The platform aims to streamline operations by offering features like wallet creation, transaction execution, and secure key management.

Strategy disclosed a $43 million Bitcoin purchase, increasing its holdings to 640,800 Bitcoin worth $73.6 billion. The company's stock rose 1.9% to $294 post-purchase, despite a 4.8% drop over the past month.

Evidence suggests that the U.S.-China tariff wounds are healing, providing relief for Bitcoin traders after a flash crash on Oct. 10. Standard Chartered's Geoff Kendrick hopes for improved ETF flows, with Bitcoin gaining 1.2% in the past day.

The U.S. and China have reportedly made substantial progress towards a new trade framework, potentially leading to a tariff rollback in phases. This news has caused a positive reaction in the markets, with risk assets seeing significant gains over the weekend.

Bitcoin treasury company Strategy has added a further 390 BTC to its corporate holdings, at a cost of approximately $43.4 million at around $111,053 per Bitcoin. The firm now holds 640,808 BTC, achieving a claimed BTC Yield of 26.0% YTD 2025.

Mt. Gox has extended its creditor repayment deadline to October 2026, citing the need to make repayments to rehabilitation creditors. The trustee has completed main repayments for creditors who followed the process without issues.

Zcash has surged past its 2021 peak with a 30-day triple-digit rally, reaching around $372, positioning it as a top performer. The rise is attributed to various catalysts like the upcoming November halving and renewed interest in privacy coins.