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1Amazon is Considering a $9 Billion Deal to Acquire Satellite Communications Company Globalstar. Here's Why Amazon, Apple, and Tesla Investors Should Pay Attention.2Exxon’s Guyana-Permian Engine Fuels 21% Earnings Growth—Is the 24 P/E Already Discounting a Squeeze?3Bitcoin’s Movement Compared to Oil’s Rally: Evaluating a Risk-Off Scenario
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Citi: Fed Expected to Cut Rates in September, Previously Expected in JuneBlockBeats News, April 6th, Citigroup said it expects the Fed to cut interest rates in September, previously expected in June.
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Bitmine increased its holdings by 71,252 ETH last week, bringing its total holdings to approximately 4.803 million ETH.According to Odaily, Ethereum treasury company Bitmine Immersion Technologies disclosed that it increased its holdings by 71,252 ETH last week. The company's current crypto asset portfolio includes 4,803,334 ETH, 198 BTC, Eightco Holdings equity worth $92 million, and Beast Industries shares worth $200 million. In addition, the total amount of ETH staked by the company is 3,334,637 (calculated at $2,123 per ETH, totaling $7.1 billion).
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According to the latest filing submitted to the U.S. Securities and Exchange Commission (SEC), as of March 31, 2026, the carrying cost basis of the bitcoin held by Strategy company has significantly exceeded the fair value of its bitcoin holdings.This financial indicator reflects that the current market value of the company's Bitcoin investment is lower than its initial recorded cost, possibly affected by recent volatility in the cryptocurrency market. The document further highlights the importance of the difference between cost and market value in the accounting of digital assets, providing critical reference for investors to assess the risk of companies' crypto asset holdings.
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