JUST IN: Benchmark reiterates Buy rating on Strategy with a $705 price target.
Benchmark calls MSTR the “industry standard” in Bitcoin strategy for both its holdings and financial architecture.
NEW: 🇰🇿 Kazakhstan President Tokayev has called for a state-run Digital Asset Fund under the National Bank to build a strategic crypto reserve, accumulating assets he says are “most promising” for the new financial system.
NEW: 🇷🇺 Russia slams 🇺🇸 US stablecoin push.
Special adviser to Putin, Anton Kobyakov, says it’s a scheme to shove $35T debt into crypto, devalue it, and reset the system.
"If Bitcoin is going to take on nation states, you better believe that it can handle an ETF." - @Roberto Rios (Peruvian Bull) gives his take on institutional Bitcoin adoption.
NEW: A new SEC report reveals that nearly a year’s worth of text messages from former SEC Chair Gary Gensler’s government-issued phone were permanently lost due to avoidable tech failures. The missing messages coincided with the collapse of FTX and other major crypto events. 🤔
NEW: GFO-X Group has received in-principle approval from Abu Dhabi Global Market (ADGM) to launch a digital asset exchange and clearing house, targeting a 2026 launch. The approval allows GFO-X to operate as a Recognized Investment Exchange and Clearing House.
NEW: Seven people are in custody in Lyon, France, after a Swiss man in his 20s was found tied up in a house near the Valence train station and rescued during a major police operation involving 150 officers, including elite tactical units. The kidnapping is believed to be linked to cryptocurrency. 🔧🥷
