Strategy keeps buying Bitcoin during downturns by tapping equity markets and reserves, turning dilution and financing costs into a repeatable accumulation engine. Strategy funds its dip buying primarily through ATM equity sales rather than operating cash flow. Preferred shares and other financing tools add buying power but create ongoing dividend and interest obligations. A $1.44-billion reserve is intended to reduce “forced seller” concerns during prolonged market slumps. Read more
In the hinterlands of Australia’s historic goldfields, Vicki Plumridge jumps for joy when she digs a small golden nugget out of the earth. The retired retail worker was learning how to use her new metal detector when it started bleeping by the moss-covered ruins of a building. After Plumridge dug the nugget out of the shallow dirt with a plastic trowel, a guide estimated it was around 0.2 of a gram of gold, worth about $40 Australian Dollar ($26.58). “But to me, it’s worth a million dollars,” said the 63-year-old, who had bought the detector only a few days before. “My heart is singing.” Vicki Plumridge, 63, a retired retail worker, reacts as Peter Vanjek, 65, a Gold and Relics prospecting tour guide, tells her she has found a small gold nugget during a Gold and Relics metal detector training session in Mount Doran, Australia, November 29, 2025. — REUTERS Plumridge’s story is becoming more common, as hobbyists flock to Australia’s 9,600 sq km “golden triangle” in the heart of Victoria state, known as one of t...
Russia’s justice ministry proposed fines and prison for illegal crypto mining, as officials say most miners still haven’t joined the tax register. Russia has proposed a new draft bill seeking to crack down on unregistered cryptocurrency miners in the country, following concerns from the finance minister about illegal mining activity. Russia’s Ministry of Justice has proposed imposing penalties of up to 1.5 million rubles (about $19,000) and up to two years of forced labor for illegal cryptocurrency mining, according to new draft amendments to the Criminal Code, published on Monday. For crypto mining activities involving outsized profits, the maximum sentence could reach up to five years in prison, 480 hours of forced labor, and a fine of up to 2.5 million rubles. Read more