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JACK DORSEY’S BLOCK APPLIES FOR NATIONAL TRUST BANK CHARTER TO OFFER BITCOIN CUSTODY
Block has applied to the OCC to establish Builders Bank & Trust, a federally regulated national trust bank.
If approved, it would provide custody and related fiduciary services for Bitcoin and stablecoins.
The proposed bank would focus on safeguarding customer assets, rather than operating like a traditional bank that accepts checking or savings deposits and makes loans.
Lee Woolley, Block’s Digital Asset Strategy Lead, would serve as President and CEO.
🚨HUGE: Vivek Ramaswamy's Strive has bought another 1,375 Bitcoin for $109 MILLION, its third straight week of 5%+ growth in holdings.
The firm now holds 24,531 BTC worth over $1.9 BILLION, ranking among the top 5 publicly traded corporate Bitcoin holders in the world.
Strive funds its purchases through preferred stock paying a 13% daily dividend, not debt, a different playbook from Strategy's convertible-note approach.
ASST currently trades at $27.16, up over 83% this year.
Its SATA preferred stock now has nearly $1 BILLION in notional outstanding.
WSJ: BITCOIN IS MORE THAN AN INVESTMENT, SAYS HUMAN RIGHTS FOUNDATION’S ALEX GLADSTEIN
In a new essay, @gladstein argues that Bitcoin’s most overlooked promise is financial freedom for people living under collapsing currencies and authoritarian regimes.
He points to its use by human-rights groups in Russia and Nigeria, as well as savers in countries where local currencies have lost significant purchasing power.
“Maybe bitcoin isn’t for you, but it is for them.”
US spot bitcoin ETFs just posted their strongest three-week stretch of 2026.
Last week closed at $986.9M, taking the three-week total to $3.8B.
Thursday alone added $730.9M, the biggest day since January 14.
Total net assets sat at $101.3B on Friday, with cumulative net inflows at $55.6B.
Microsoft CTO Kevin Scott called out currency expansion and praised Bitcoin back in 2019.
"Governments can't get their way out of their poor decision making by just creating more of them."
"Bitcoin is an incredibly powerful notion."
STRATEGY BUYS BACK $176.3 MILLION IN STRC, DOUBLES PREFERRED STOCK REPURCHASE PROGRAM TO $2 BILLION
Strategy says it repurchased 1.81 million STRC shares between August 31 and September 7, while making no Bitcoin purchases or sales and issuing no shares through its ATM program.
The company now holds 845,050 BTC, acquired for $63.73 billion at an average price of $75,412 per coin.
Strategy also increased its digital credit securities repurchase authorization from $1 billion to $2 billion, with $1.19 billion remaining available.
Its USD Reserve stands at $5.10 billion, with another $1.44 billion in USD Cash.
🇺🇸 Speed went full action hero for a KFC commercial.
Behind-the-scenes footage shows him throwing himself into the stunts with no stunt double reportedly stepping in for him.
Doing your own stunts for a chicken commercial is an insane level of commitment. 😭
@iShowSpeedsui/ Writer: Val
x.com/IShowSpeedHQ/s…
This is where I start to become interested into positions on $BTC
If this area at $78,000 doesn't hold at support, we'll be seeing a significantly deeper correction towards $74,000 as it will take out all the lows.
By the way, I stand by the fact that I think that the $74,000 area probably will be the low of this entire correction and that we're on route for bullish continuation after.
This is where I start to become interested into positions on $BTC
If this area at $78,000 doesn't hold at support, we'll be seeing a significantly deeper correction towards $74,000 as it will take out all the lows.
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