StoneX’s Mark Palmer: $435 MSTR Price Target Explained

Strategy just spent six times more buying back Stretch than buying Bitcoin. Is that the right move for MSTR shareholders? StoneX Senior Equity Research Analyst Mark Palmer explains why STRC is foundational to Strategy’s fundraising, and how the $4.9B USD Reserve is pushing the preferred stock back toward par. He also explains why Strategy won’t simply raise the dividend rate.

Chapters:00:00 StoneX Analyst Mark Palmer on Strategy (MSTR)00:12 Stretch Buybacks vs. Buying Bitcoin: $176M vs. $29M01:00 The $4.9B USD Reserve and Stretch’s Path Back to Par01:56 Why Strategy Won’t Raise the Stretch Dividend Rate04:17 Daily Dividends and Ex-Dividend Date Volatility06:53 June’s…

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Bitcoin Privacy Legend Amir Taaki Deported From Singapore

Crypto-anarchist, former Bitcoin Core contributor and cypherpunk legend Amir Taaki is in trouble again. 

Writing on X Tuesday, the developer said that he was questioned by Singaporean police before being deported from the country about “what I work on.” 

British-Iranian programmer Taaki, who was one of the first Bitcoin contributors, claims he has been in trouble with certain countries since spending time fighting with the Kurdish People’s Protection Units in Syria years ago. 

Just got questioned for 6 hours by glow police then deported from Singapore. Everything about what I work on.

The extralegal glow regime charge my friends with fake things like money…

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The Real Estate Market Is Dead In Spain. Long Live Bitcoin.

Spain has just shown every property owner in Europe that the rules around their asset can be rewritten by decree. Bitcoin is the one asset where that cannot happen.

I direct the Masters in Bitcoin at the Universidad de las Hespérides. My field focuses on how people build wealth over decades, not weeks. In Spain, for generations, the answer to long-term family wealth was land and property until now. 

Last week the government made that path close to impossible. I am not writing to dismiss real estate. I am writing because Spain has just threatened one of the few long-term wealth-building tools ordinary families had, and they will need another one.

Two decrees, one message

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OKX Gets New Funding At $25B Valuation

Crypto exchange OKX has raised new funding at a $25 billion valuation, the company said on Tuesday, revealing investment from top digital asset companies. 

The crypto exchange said in an announcement that stablecoin giant Circle, fintech firm Ripple and British bank Standard Chartered’s investment arm, SC Ventures, all participated in the fundraise. 

We’re announcing a strategic investment from @Circle, QRT, @Ripple and SC Ventures by @StanChart at a $25 Billion pre-money valuation.

This is how we’re aligning critical builders behind our vision for the next generation of onchain markets.

— OKX (@okx) October 6, 2026

Earlier this year, the Intercontinental Exchange…

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BlackRock Says AI Could Be Driver Of Crypto Demand

Artificial intelligence and digital assets are beginning to converge, with AI models showing a preference for bitcoin and stablecoins, according to research cited by BlackRock . 

In a new report, the $15 trillion Wall Street giant said that card networks and automated clearing houses involve human-driven onboarding, fees that make tiny payments uneconomic and slower settlement and finality.

The report, “The Machine-Native Economy”, is a bet that the next big source of crypto demand won’t be human investors but software. As AI agents begin booking travel, buying data and renting computing power on their own, BlackRock argues, they will need payment systems that run around…

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Treasury Drops Crypto Surveillance Proposals

The Treasury Department is scrapping two long-stalled crypto surveillance proposals, handing a major win to privacy advocates and the digital asset industry.

The Financial Crimes Enforcement Network filed notices Monday withdrawing its 2020 “unhosted wallet” rule and a 2023 plan to brand international crypto mixing a “class of transactions of primary money laundering concern.” Both notices are set to appear in the Federal Register on Tuesday.

In a Monday statement, the Washington crypto policy group Coin Center said the news was “a significant victory for financial privacy.” 

“The definition of mixing was extraordinarily broad, sweeping in common techniques…

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Ecash Ecosystem Rises To Challenge In The Defense Of Decentralized Custody

BTC++, Berlin, and breakthroughs in advancing Bitcoin custody

A few weeks ago, I argued that the Bitcoin ecosystem kept asking the wrong question, tending to frame everything as “trusted” or “trustless.” Instead, I urged people to ask “How many independent things have to go wrong before you lose your money?”

This is a guest post by Obi Nwosu, Co-Founder of Fedi and Fedimint. Opinions expressed are entirely their own and do not necessarily reflect those of BTC Inc. or Bitcoin Magazine.

Look at Liquid or, weeks before that, Coldcard. Matt Corallo expressed the issue in the most succinct terms: run the same software, suffer the same bugs.

That critique applied to…

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Old Major Market Brings Artisanal Meats To 48 States

The trip to Indianapolis that introduced me to Old Major Market started at Kaffeine Coffee Co. on Fulton Street. The coffee was tasty, but my real surprise was running into a local Bitcoiner who was also paying for his order in satoshis, making me feel like not such a rare breed in this fiat world.

The friend I made shared about a network of Indiana merchants the Indianapolis local Indy Bitcoin Group has been orange pilling. 

First Up: Old Major Market LLC (Artisan Meats)

A common complaint of merchant Bitcoin adoption is that the shop owners will liquidate 100% of their Bitcoin back into cash using payment processors like Square. This is true to start, but a fascinating shift…

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Bringin Opens Euro Business Accounts For Bitcoin Companies Across 30 European Countries

Bringin today opened an invite-only beta of euro business accounts that let companies hold, accept, and pay in Bitcoin and stablecoins, and run SEPA payments from a vIBAN in the company’s own name. The launch builds on Bringin’s consumer platform, which has processed more than €15 million according to a press release shared with Bitcoin Magazine.

More European businesses want what Bitcoin and stablecoins offer: instant settlement, global reach and lower costs. Buying Bitcoin in Europe is easy enough; the challenge is running a company on Bitcoin and stablecoin rails. Many Europeans face bank account restrictions and blocked transfers when they operate with Bitcoin or other…

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CFTC Approval “Opens Many Doors” For Bitcoin

The SEC’s proposed custody rules could make it easier for investment advisors to help clients own Bitcoin directly. Coinbase’s Ryan VanGrack explains why institutional capital tends to flow where there are clearer rules, and why he sees direct ownership and ETFs as “both and, not either or.” He also shares why traditional finance is accelerating its push into Bitcoin and digital assets.

Chapters:00:00 Coinbase Wins CFTC Approval for Its Own Clearinghouse01:29 Can SEC Guidance Last Without the Clarity Act?02:40 SEC Custody Proposal: Helping Advisors Hold Bitcoin Directly04:14 Tokenization: The Biggest Upgrade Since Electronic Trading05:41 How Tokenization Cuts Out Wall…

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