Token Events

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Gate Daily Report (June 4): Bitmine issues preferred shares with an annual dividend yield of 9.5%; May crypto venture capital monthly trading volume hits a 5-year low

Bitcoin (BTC) continues to weaken and fall, temporarily around $62,900. Bitmine follows Strategy’s financing model by issuing preferred shares with an annual dividend yield of 9.5%. In May, the number of monthly crypto VC deals dropped to about 50, the lowest level since before 2021. Macro Events & Crypto Market Hotspots 1、According to a CoinDesk report, Bitmine, an Ethereum treasury company owned by Tom Lee, is now emulating Strategy’s financing model by issuing preferred shares to seek new sou
BMNR-4.54%
BTC-2.87%
ETH-2.81%
SOL-2.12%
MarketWhisper·06-04 01:26
Gate Daily Report (June 4): Bitmine issues preferred shares with an annual dividend yield of 9.5%; May crypto venture capital monthly trading volume hits a 5-year low

Strategy paying STRC dividends by selling coins, igniting the Bitcoin lending and selling debate

Strategy Inc. (MSTR) sold 32 Bitcoins at an average price of $77,135 during May 26 to 31, and the proceeds were used to pay STRC preferred stock dividends. Ledn CEO and co-founder Adam Reeds said the sale hit a core issue for each Bitcoin custodian company: “When you need cash, should you sell the asset you want to hold most, or use it as collateral to borrow against it.”
MarketWhisper·06-03 05:21
Strategy paying STRC dividends by selling coins, igniting the Bitcoin lending and selling debate

sUSDat falls to $0.93 and de-pegs, Strategy breaks its “never sell” principle

According to monitoring by PeckShield, the collateralized stablecoin sUSDat, 100% supported by STRC (Strategy Digital Credit Assets), briefly fell to below $0.93 on June 3, before rebounding to $0.98. PeckShield noted that this volatility occurred after Strategy symbolically broke its “never sell” principle. Strategy Sold 32 BTC: Confirmed Average Price, Amount, and Proportion The BTC sale data confirmed by Strategy during the reporting period are as follows: Amount Sold: 32 BTC Average Price: a
BTC-2.85%
MarketWhisper·06-03 03:55
sUSDat falls to $0.93 and de-pegs, Strategy breaks its “never sell” principle