Strategy increased its Bitcoin holdings by 520 coins last week, with its USD reserves also rising to $1.4 billion.
June 22 – Strategy disclosed in a U.S. Securities and Exchange Commission (SEC) 8-K filing that it sold 2.71 million shares of MSTR stock via its At-The-Market (ATM) equity issuance plan between June 15 and 21, generating $335.5 million in net proceeds. A portion of these funds was used to purchase 520 bitcoins at an average price of $67,068, totaling $34.9 million.
As of June 21, Strategy holds a total of 847,363 bitcoins, with a combined acquisition cost of $64.1 billion and an average holding price of $75,651. The firm’s U.S. dollar reserves also rose to $1.4 billion.
Notably, the $67,068 average price of the recent bitcoin purchase is below the company’s current average bitcoin holding price of $75,651, marking another instance of Strategy "buying the dip" amid a recent Bitcoin price pullback.
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Established Asset Manager Baillie Gifford Teams Up with BNY to Launch On-Chain Fixed Income Tokenized Fund, Deploying Ethereum and Solana Dual Chain
On Monday, June 22, Edinburgh, Scotland-based Baillie Gifford — an 118-year-old, old-school asset management firm — announced a partnership with global custody giant BNY to launch the Baillie Gifford Enhanced Yield Fund (BAGEY), a tokenized fixed-income fund deployed simultaneously on the Ethereum and Solana blockchains.
Denominated in U.S. dollars and structured as an open-ended investment company (OEIC) under UK regulatory frameworks, the fund targets eligible investors in the UK, Switzerland, and the Cayman Islands. It is an actively managed short-duration corporate bond portfolio offering an approximate 7% current yield.
Unlike most tokenized products in the market, Theo Golden, Baillie Gifford’s Head of Digital Assets, emphasized that BAGEY is not a traditional fund wrapped in a token shell. Instead, it is a fund issued directly on-chain, where the blockchain itself acts as the official register of ownership. Investors hold shares directly and have direct recourse to their inves
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OKX Price Surges Over 8% Short-Term, Now Trading at $80.10
June 22: According to HTX market data, OKX experienced a short-term price surge of over 8%, briefly peaking at $82.97. It has now retraced to $80.10, with a 5.15% gain over the past 24 hours. Turning to related news, Intercontinental Exchange (ICE)—the parent company of the New York Stock Exchange—has announced a cryptocurrency joint venture with OKX, named OKXICE.
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Several Chinese Banks Tighten Leveraged Trading on Gold and Silver, Margin Requirement for Gold-Silver Leveraged Trading Soars to 140%
June 22 — China Construction Bank, China Merchants Bank (CMB), and Bank of China have announced coordinated adjustments to margin requirements for individual precious metals deferred contracts traded on the Shanghai Gold Exchange, with the banks unveiling the changes sequentially.
Specifically, China Construction Bank will raise margins for all gold and silver deferred contracts to 120%, while CMB will hike its margin requirement from 100% to 140%. Both banks’ new rules will take effect after the closing settlement on June 22. Separately, Bank of China will adjust its individual gold deferred contract margin ratio from 99.9% to 120% and its individual silver deferred contract margin from 99.96% to 119.91%, with changes set to go into effect following the closing settlement on June 24, 2026 (Wednesday).
Wu Zewei, a special researcher at Suixin Bank, noted that a margin ratio exceeding 100% effectively resets leverage for individual precious metal deferred transactions to zero—a shift
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US Stock Pre-market: Light Communication Sector Up Across the Board, Corning Up by 2.43%
On June 22, Bitget market data indicated that the optical communications sector posted broad gains during US pre-market trading. The performances of major related tickers were as follows: MRVL rose 0.29%, POET gained 1.48%, LITE added 0.44%, Nokia was up 1.02%, Corning climbed 2.43%, and LITE advanced 0.47%.
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