Strategy Inc. (MSTR) fell more than 9% at times on Thursday to its lowest level since March 2024, extending a five-day collapse of nearly 30% as Bitcoin broke below $60,000 and a securities investigation targeting the company became public.

Shares of the Michael Saylor-led Bitcoin treasury company hit $85 by midday Thursday, down from above $117 at the start of the week. The stock has now shed roughly 36% over the past month — nearly double the 18.5% decline in Bitcoin over the same period.

On top of this, Rosen Law Firm posted a press release saying it is investigating potential securities fraud claims against Strategy, alleging the company “may have issued materially…

Read more on BitcoinMagazine

While Western financial media has spent much of 2026 tracking Bitcoin’s crash from its October 2025 all-time high near $126,000, Trezor Academy has released a documentary that documents a different story. 

Seeding Bitcoin: Trezor Academy and Africa’s Bitcoin Revolution follows educators, merchants, and community members across Sub-Saharan Africa who are using Bitcoin not as a speculative asset but as a functional monetary tool.

The film captures Bitcoin education centers in South Africa where students as young as teenagers complete a Bitcoin diploma course and receive weekly rewards in bitcoin, which some use to buy groceries for their families. 

It profiles a…

Read more on BitcoinMagazine

GitHub has been the home to Bitcoin Core and many other software projects in the Bitcoin industry for over a decade, but it was not the first collaborative version control platform to host the digital currency’s code, and it may not be the last.

Recent performance issues in GitHub have triggered a new wave of criticisms of the platform, reviving old concerns and dissatisfactions with its design and reliability. Matt Corallo, one of the longest-acting Bitcoin core contributors, took to X recently to announce the decision to migrate off the platform, not Bitcoin core’s code base yet, but the Rust Lightning dev kit, a code base he is closely involved with. 

In an X quote…

Read more on BitcoinMagazine

Perception, a real-time narrative intelligence platform for digital asset firms, has exited beta and announced integrations with BitGo (NYSE: BTGO), Swan, Relai, and Bitcoin Well (TSX.V: BTCW).

The four companies embedded Perception’s data layer into their internal AI workflows during the beta period, ahead of today’s public launch.

The platform targets a structural problem in how digital asset teams gather market intelligence. High-value industry discourse has scattered across a fragmented web of specialized media, conference transcripts, social platforms, and regulatory filings — channels that standard monitoring tools and general-purpose AI models do not reach. 

The…

Read more on BitcoinMagazine

Bitplanet Inc. has signed a memorandum of understanding with Nasdaq-listed fintech company Antalpha and its mining ecosystem partners to enter the Bitcoin mining business, the company announced.

Under the agreement, Bitplanet will deploy KRW 15 billion (approximately $10.8 million) in Bitcoin mining equipment and begin operations this month. The equipment is set for deployment at colocation sites in Oman and Paraguay — regions the company cited for competitive electricity costs and stable power infrastructure.

Antalpha, which operates the Antalpha Prime technology platform, provides BTC supply-chain and margin lending services to the Web3 industry. The partnership gives…

Read more on BitcoinMagazine

Bitcoin mining pool DMND has mined the first known Bitcoin block produced using the Stratum V2 protocol, a technical milestone that shifts control over block construction from pools to individual miners. The block — number 955,318 — was mined through DMND’s pool for GoMining, which became the first miner to use Stratum V2’s Job Declaration feature to select its own transactions and build its own block template, according to a note shared with Bitcoin Magazine. 

Under the dominant model in Bitcoin mining today, miners contribute their computing power to a pool, and the pool decides which transactions go into each block. The miner has no say in that selection. 

Stratum…

Read more on BitcoinMagazine

SBI Holdings has signed agreements to acquire all shares of Japanese cryptocurrency exchange Bitbank in a deal valued at 46.7 billion yen, or approximately $288.6 million, the companies announced on June 24. 

The transaction will make Bitbank a wholly owned subsidiary of SBI Group through its investment arm, SBICAH GK.

The deal represents the largest consolidation move in Japan’s regulated crypto market to date. SBI and Bitbank entered into both a basic agreement and a share transfer agreement, with the transaction structured in two phases. 

SBI will acquire shares held by Bitbank’s founders and individual shareholders in August. Bitbank will then buy out shares held by existing…

Read more on BitcoinMagazine

Bitcoin price has crashed through $60,000, touching lows not seen since October 2024 and erasing months of gains in a matter of days. At press time, bitcoin price trades at $59,566 — down more than 10% in 24 hours and roughly 53% off its all-time high of $126,277 set last October.

The drop has been brutal, fast, and — for many holders — a gut punch that raises a question nobody wants to ask: how much lower can this go? No single event really broke bitcoin price. What happened instead was a convergence of bad news that hit all at once.

U.S. spot Bitcoin ETFs posted net outflows of approximately $113.8 million as of June 23, marking a fourth consecutive day of withdrawals….

Read more on BitcoinMagazine

Strategy Inc. (NASDAQ: MSTR) shares fell more than 10% Tuesday to $92, a two-year low, as bitcoin cratered below $60,000 and an analyst note from CryptoQuant warned the company has overextended itself and should halt bitcoin purchases before its financial situation deteriorates further.

Bitcoin fell to roughly $59,000 on the day, a drop of more than $6,700 or about 5%, its worst single-day loss in months. The selloff sparked a liquidation cascade across crypto derivatives markets, with roughly $1.1 billion in leveraged positions forcibly closed within a 24-hour window. The move pushed bitcoin below the average cost basis for all of Strategy’s purchases made in 2024, 2025, and 2026…

Read more on BitcoinMagazine