Decentralized science is like early DeFi in 2019: Crypto VC
Mechanism Capital’s Andrew Kang said DeSci protocols will likely change their existing models before evolving into more market-ready products. Go to Source
Andrew Kang
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Microstrategy Boosts Bitcoin Holdings to 226,500 BTC With Q2 Acquisitions
Nasdaq-listed Microstrategy acquired 12,222 bitcoins in the second quarter, bringing its total holdings to 226,500 BTC. CEO Phong Le and CFO Andrew Kang expressed optimism about future bitcoin support and emphasized the company’s financial strategies. Despite net losses, Microstrategy remains committed to its bitcoin strategy. Microstrategy Expands Bitcoin Holdings Microstrategy Inc. (Nasdaq: MSTR) reported its … Read more
Ethereum could fall 30% after spot ETH ETFs launch — Crypto VC
Mechanism Capital’s Andrew Kang believes an Ether ETF would provide limited upside for the asset unless Ethereum “develops a compelling pathway to improve its economics.” Go to Source
MicroStrategy’s Bitcoin conviction ‘strong’ as it posts Q1 profit
The one-time income tax benefit helped the firm reach a profit of $94 million in the first quarter of 2023. Go to Source Powered by WPeMatico
