Starknet price

🔥STRATEGY’S NEW BTC BUY STRATEGY! Strategy funds its latest #Bitcoin purchase using STRK & STRF preferred stock sales — not common shares! STRK up 35%, STRF up 24% — rising prices & yields allow Strategy stack BTC without diluting shareholder stakes.📈

☕️ GM! Here are the top events in #Crypto from the past 24 hours 📊Market Updates 🔸BlackRock’s IBIT becomes the fastest ETF to hit $70B AUM, doing it in just 341 days - 5x faster than gold's GLD ETF. 🔸Weekly crypto inflows slow to $224M during Fed uncertainty. Ethereum leads with $296.4M. Bitcoin sees $56.5M in outflows. 🔸Strategy adds 1,045 BTC for $110.2M, pushing total to 582K BTC worth over $62B. Funded via preferred stock sales STRK and STRF. 🔸KULR plans to raise $300M via ATM share sales to fund more bitcoin buys and general operations. Its BTC holdings now total 920. 🌟Highlights 🔸The Blockchain Group begins €300M share sale backed by TOBAM to expand BTC holdings. Stake could grow from 3% to 39% if fully executed. 🔸Kakao-backed Kaia plans won-pegged stablecoin as South Korea’s pro-crypto president takes office and payment stocks surge nearly 30%. 🔸Kyrgyz Republic to launch gold-backed USDKG stablecoin in Q3 2025, pegged 1:1 to USD and backed by $300M in gold with plans to scale to $2B. 🔸Circle stock surges after IPO, prompting ProShares and Bitwise to file for CRCL-based ETFs with leverage and covered call strategies. 🔸Tether’s USDT seen on Bolivian store tags as local economy deteriorates. Shops use USDT to set prices amid inflation and dollar shortages. 🔸Paraguay president’s X account was hacked, falsely claiming Bitcoin is legal tender and linking to a scam BTC wallet.

Disclaimer: The analyst who wrote this piece owns shares of Strategy (MSTR). Over the past two weeks, Strategy (MSTR) has refrained from utilizing the at-the-market (ATM) equity program on its common shares to fund bitcoin BTC purchases, choosing instead to use the programs on its two perpetual preferred stocks. The choice most likely reflects the narrowing premium between the company's share price and its multiple net asset value (mNAV) or, more colloquially, the difference between its market cap and the value of its bitcoin holdings, and allows Strategy to raise funds to buy more BTC without diluting shareholders' stakes in the company. When the share price trades close to the underlying bitcoin asset value, issuing common shares via ATM becomes less attractive. Such offerings are typically only advantageous when executed at a meaningful premium. Strategy funded its most recent 1,045 BTC purchase using proceeds from its two perpetual preferred stock ATMs: 59.18% from the STRK offering and 40.82% from the STRF one. These preferred stocks have demonstrated strong lifetime returns of 35% for STRK and 24% for STRF. This gives the company greater flexibility to continue accumulating bitcoin while preserving upside for common stock investors. There's also an additional dynamic at play, according to analyst Jeff Walton. The effective dividend yields of STRK and STRF have steadily declined from about 10% even though the yield on the benchmark U.S. 10-year Treasury has remained relatively constant at 4.5%. That's because the dividend yield falls as the price of the stock increases, a bond-like behavior that makes the preferred shares more attractive in a stable rate environment. Strategy is likely to reengage the ATM on its common stock if the share price rises significantly, particularly if it exceeds twice the mNAV, which would allow room for dilutive issuance at a premium. While the common stock ATM remains the primary mechanism to fund dividend obligations on the preferred shares, Strategy retains the option to use the preferred stock ATMs for this purpose as well, depending on market conditions.

The fact that we have gotten back up here with Saylor only deploying 1/10 of his recent $1bn raise is very encouraging. It seems like Asia did a lot of the heavy lifting, possibly some from $DJT. Possible that Saylor wants to deploy it into resistance to help it blast through.

every week, a thousand millionaires in the world missed their chance to ever be a whole-coiner by the almighty sledge of hand of Saylor