The sale was executed in two tranches, selling 3,588 BTC between late June and early July, leaving Strategy with 843,775 BTC and $2.55 billion in cash for its monetization program.

Proceeds replenish Strategy’s dollar reserves to $2.55 billion and fund distributions for its preferred securities, including STRF, STRE, STRK, STRD, and STRC, which together carry roughly $1.2 billion in annual dividends.

Strategy Inc. completed a $216 million Bitcoin sale to bolster dollar reserves and reduce financing tail risk, boosting reserves to cover about 17 months of dividend payments.

Upbit clarified it would not participate in Open USD issuance for now, while Samsung and other participants signaled tentative interest.

Tim Draper denied involvement in a large Bitcoin transfer linked to Coinbase Prime amid market speculation about wallet attribution.

John Bollinger suggested a potential end to Bitcoin’s bear market with a possible W-shaped double bottom, indicating signs of a broader uptrend despite macro uncertainty.

Senator Kirsten Gillibrand proposed banning elected officials and the president from issuing or sponsoring memecoins to bolster consumer protections and reduce conflicts of interest in digital assets.

Vitalik Buterin outlined a Lean Ethereum roadmap prioritizing quantum resistance, scalability, and privacy, with a 3–4 year timeline for upgrades and urgency on quantum-safe solutions for data blobs.

Former President Donald Trump publicly defended crypto-related income earned while in office, stating there was nothing illegal about his crypto ventures despite ongoing scrutiny.

Market snapshot shows Bitcoin around $64,000, Ethereum near $1,800, and XRP at about $1.14, with the total crypto market cap near $2.12 trillion and notable weekly movers.

Bitcoin’s realized profit and loss ratio fell to a 43-month low, a signal historically associated with market bottoms and potential rallies as sentiment improves.

Open Standard announced Open USD (OUSD), a stablecoin backed by major firms, enabling cost-free minting and returning reserve earnings to holders, though engagement remains cautious among signatories.