Strategy posted $19.53 billion in net income for Q3, driven by a $20.91 billion gain on its bitcoin holdings. The company now holds 848,517 BTC and its preferred shareholders have approved a shift to daily dividends.
What do you think drives a company to tie its dividend schedule to crypto performance?
Muneeb Ali, the founder of Stacks, argued on the Chain Reaction podcast that concerns about Bitcoin's vulnerability to quantum computing are already capping its potential. He said this uncertainty is making institutional investors hesitant to enter the market.
Do you think quantum computing risk is a real barrier for crypto adoption right now?
More than 11 million bitcoin is held in wallets with no known owner, according to observers cited in the report. That figure suggests individual investors have been active in the market for an extended period, they said. However, the interpretation carries a caveat: unidentified wallets do not necessarily mean lost or inactive coins, and some may belong to institutions or exchanges.
Bitcoin has slipped under the $80,000 mark as traders appear to be reducing risk ahead of the upcoming Federal Reserve meeting. Other major cryptocurrencies, including Ether and XRP, led the losses during Asian trading hours. The downturn coincided with a broader market pullback, as the artificial intelligence trade took another hit in the region and Goldman Sachs cut its target for South Korea�…
Long-position traders lost $404 million in just four hours as bitcoin briefly slipped below $80,000. Spot bitcoin ETFs also saw $773 million in outflows on Thursday and Friday, reversing three days of net inflows, according to SoSoValue data.
What's your approach to managing risk during sudden market drops?
Bitcoin Core developers merged a policy change that ends the embargo for vulnerabilities a chatbot could independently rediscover. The move follows a summer where AI tools identified hundreds of bitcoin bugs before human developers did. Why it matters: As AI becomes more capable of finding code weaknesses, open-source projects like Bitcoin Core may need to rethink how they balance security researc…