Strategy CEO Phong Le says the company is moving away from issuing and selling common stock to buy Bitcoin and isn't interested in acquiring Bitcoin treasuries. Bitcoin treasury company Strategy will further lean on its preferred stock sales to acquire Bitcoin, shifting from its strategy of selling common stock, says CEO Phong Le. “We will start to transition from equity capital to preferred capital,” Le told Bloomberg’s “The Close” on Wednesday. Stretch (STRC) is Strategy’s perpetual preferred stock, launched in July, and is aimed at buyers looking for stability by offering an annual dividend of over 11%. Read more
Fundstrat's Tom Lee argues Ether is close to the bottom and says investors should be thinking about opportunities instead of selling. Fundstrat head of research Tom Lee said he expects Ether to rebound quickly following recent declines, arguing the asset has experienced eight such recoveries since 2018. “A lot of people are frustrated, but keep in mind that Ethereum, since 2018, has fallen more than 50% eight times,” Lee said at a conference in Hong Kong on Wednesday. Last year, Ethereum fell 64% from January to March, he added. Read more
Russian news outlets reported on Wednesday that WhatsApp’s domain had been completely blocked and was inaccessible without a VPN or another workaround. WhatsApp, the messaging app owned by social media giant Meta, has accused Russia of attempting to block access for millions of its users to push them towards its state-owned alternative. “Trying to isolate over 100 million users from private and secure communication is a backward step and can only lead to less safety for people in Russia. We continue to do everything we can to keep users connected,” the company said in an X post on Wednesday. Moscow’s state-backed platform Max was launched in March 2025 by Russian tech firm VK as a domestic alternative to foreign-owned services such as WhatsApp and Telegram. Read more
Binance Thailand’s CEO says it is a “watershed moment” for digital assets in the country, as they are no longer being treated as mere speculative instruments. Thailand’s government on Tuesday approved the Finance Ministry’s proposal allowing digital assets to be used as underlying assets in the country’s derivatives and capital markets. The move aims to modernize Thailand’s derivatives markets in line with international standards, strengthen regulatory oversight and investor protection, and position itself as a regional hub for institutional crypto trading, the Bangkok Post reported. The country’s Securities and Exchange Commission (SEC) will amend the Derivatives Act to enable these new asset classes, which include Bitcoin (BTC) and carbon credits. Read more
Users can set controls and permissions to allow the AI agent to manage liquidity positions and execute trades at any time of day, Coinbase said. Coinbase has launched crypto wallet infrastructure that allows AI agents — programs that can think and transact without human input — to spend, earn and trade crypto. In a post on Wednesday, Coinbase programmers Erik Reppel and Josh Nickerson said the new Agentic Wallets feature aims to build on today’s agents, which can answer questions, summarize documents, and assist with tasks, but can’t execute trades or orders on behalf of users. “The next generation of agents won't just advise — they'll act,” the pair said, adding that AI agents will be able to do everything from monitoring decentralized finance positions and rebalancing portfolios to paying for compute and API access and participating in creator economies. Read more