Crypto Vesting

Business intelligence firm and Bitcoin investor Strategy plans to offer 5 million shares of the company’s Series A Perpetual Strife Preferred Stock and use the proceeds to purchase more Bitcoin. 

In an announcement, the company said it intends to use the proceeds for general purposes. This includes its working capital and “acquisition of Bitcoin.” However, the company said this is still subject to market and other conditions. 

According to Strategy, the stock will accumulate cumulative dividends at 10% annually. The company also noted that stockholders would receive dividends on the stock quarterly, starting on June 30, 2025. 

Strategy said it could buy back all of this stock for cash if the total number of shares left in the market drops below 25% of the issued amount. 

Strategy makes smallest Bitcoin purchase on record

The announcement follows the company’s smallest known Bitcoin purchase. On March 17,

Read More at https://cointelegraph.com/news/michael-saylor-strategy-offer-5m-shares-buy-bitcoin?utm_source=rss_feed&utm_medium=rss%3Ft%3D1742364053370&utm_campaign=rss_partner_inbound

Business intelligence firm and Bitcoin investor Strategy plans to offer 5 million shares of the company’s Series A Perpetual Strife Preferred Stock and use the proceeds to purchase more Bitcoin. 

In an announcement, the company said it intends to use the proceeds for general purposes. This includes its working capital and “acquisition of Bitcoin.” However, the company said this is still subject to market and other conditions. 

According to Strategy, the stock will accumulate cumulative dividends at 10% annually. The company also noted that stockholders would receive dividends on the stock quarterly, starting on June 30, 2025. 

Strategy said it could buy back all of this stock for cash if the total number of shares left in the market drops below 25% of the issued amount. 

Strategy makes smallest Bitcoin purchase on record

The announcement follows the company’s smallest known Bitcoin purchase. On March 17,

Read More at https://cointelegraph.com/news/michael-saylor-strategy-offer-5m-shares-buy-bitcoin?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Dogecoin (DOGE) price has crashed by over 70% after hitting $0.48 in December 2024. Interestingly, the memecoin’s richest holders have accumulated during the price declines, indicating their confidence in a potential rebound in the coming weeks.

Dogecoin onchain metrics hint at price rebound

Onchain data from Santiment shows that wallets holding at least 1 million DOGE have increased by 1.24% since early February, despite declining prices. Meanwhile, active addresses have surged to a four-month high, suggesting rising network activity.

Dogecoin addresses holding at least a million DOGE vs. price. Source: Santiment

Typically, when large holders accumulate an asset while prices decline, it signals that they see undervaluation and are positioning for a future rebound.

An increase in active addresses indicates higher engagement on the network—possibly reflecting growing retail interest.

If this surge in user activity stems from real adoption rather than speculative trading

Read More at https://cointelegraph.com/news/dogecoin-millionaires-buying-dips-doge-30-price-rally?utm_source=rss_feed&utm_medium=rss%3Ft%3D1742364053370&utm_campaign=rss_partner_inbound

Dogecoin (DOGE) price has crashed by over 70% after hitting $0.48 in December 2024. Interestingly, the memecoin’s richest holders have accumulated during the price declines, indicating their confidence in a potential rebound in the coming weeks.

Dogecoin onchain metrics hint at price rebound

Onchain data from Santiment shows that wallets holding at least 1 million DOGE have increased by 1.24% since early February, despite declining prices. Meanwhile, active addresses have surged to a four-month high, suggesting rising network activity.

Dogecoin addresses holding at least a million DOGE vs. price. Source: Santiment

Typically, when large holders accumulate an asset while prices decline, it signals that they see undervaluation and are positioning for a future rebound.

An increase in active addresses indicates higher engagement on the network—possibly reflecting growing retail interest.

If this surge in user activity stems from real adoption rather than speculative trading

Read More at https://cointelegraph.com/news/dogecoin-millionaires-buying-dips-doge-30-price-rally?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Dogecoin (DOGE) price has crashed by over 70% after hitting $0.48 in December 2024. Interestingly, the memecoin’s richest holders have accumulated during the price declines, indicating their confidence in a potential rebound in the coming weeks.

Dogecoin onchain metrics hint at price rebound

Onchain data from Santiment shows that wallets holding at least 1 million DOGE have increased by 1.24% since early February, despite declining prices. Meanwhile, active addresses have surged to a four-month high, suggesting rising network activity.

Dogecoin addresses holding at least a million DOGE vs. price. Source: Santiment

Typically, when large holders accumulate an asset while prices decline, it signals that they see undervaluation and are positioning for a future rebound.

An increase in active addresses indicates higher engagement on the network—possibly reflecting growing retail interest.

If this surge in user activity stems from real adoption rather than speculative trading

Read More at https://cointelegraph.com/news/dogecoin-millionaires-buying-dips-doge-30-price-rally?utm_source=rss_feed&utm_medium=rss%3Ft%3D1742299378993&utm_campaign=rss_partner_inbound