The purchase as part of the company’s accumulation strategy started in 2020 has resulted in Strategy holding more than $73 billion worth of BTC. Strategy, the business intelligence company co-founded by Michael Saylor, has increased its Bitcoin holdings to more than $73 billion after a reported purchase as part of its treasury strategy. In a Monday notice, Saylor said the company had acquired 525 Bitcoin (BTC) for about $60 million, given an average price of $114,562 per coin. The additional Bitcoin resulted in Strategy’s holdings totaling 638,985 BTC, worth more than $73 billion at the time of publication. The Bitcoin purchase was part of Strategy’s accumulation strategy, launched in August 2020 with a $250-million BTC investment. Since that initial investment, the company has regularly announced significant BTC buys, including a report of a $450 million purchase at the end of August and early September. Read more
At BaseCamp 2025, Coinbase’s Layer 2 network said it is weighing a token launch to boost decentralization, while unveiling a Solana bridge to expand cross-chain interoperability. Coinbase’s layer-2 network Base may soon launch a native token, creator Jesse Pollak said at the BaseCamp event. According to Base, the new token could support decentralization and expand opportunities for builders and creators. “We’re in the early phases of our exploration, and don’t have any specifics to share around timing, design, or governance,” the network said Monday. Base is a layer-2 blockchain built on Ethereum and incubated by Coinbase. It processes transactions offchain before settling them on Ethereum. Read more
The payments giant is rolling out PayPal links and direct crypto transfers, letting users send Bitcoin, Ether and PYUSD to friends, family and external wallets. PayPal, the global payments giant with over 400 million active accounts, is adding cryptocurrency to its peer-to-peer (P2P) payments, enabling users to send and receive digital assets directly — a step that could accelerate mainstream adoption beyond investment and trading. On Monday, the company unveiled PayPal links, a personalized one-time link generated in the PayPal app that can be shared across text, email or chat. The feature will launch first in the US before expanding into the United Kingdom, Italy and other international markets later this year. In the near term, users will be able to send cryptocurrencies and stablecoins directly through PayPal’s P2P feature, both to PayPal and Venmo users, as well as to compatible digital assets. The supported cryptocurrencies will include Bitcoin (BTC), Ether (ETH), PYUSD (PYUSD) and others, the announcem...