Bitcoin's weekend leverage gets liquidated, Strive stacks bitcoin, and the Trump-Stablecoin lawsuit

00:00 Scott Melker

Bitcoin saw a massive leverage flush overnight. Meanwhile, Strive made their biggest Bitcoin purchase ever. Strategy bought no Bitcoin, and Tom Lee's BitMine has almost accumulated 5% of the Ethereum supply. We've got a lot to talk about today on the Daily Wolf. Let's go.

00:30 Scott Melker

What is up everybody? Welcome to the Daily Wolf on Yahoo Finance. I am your host Scott Melker, also known as The Wolf of All Street. We did not cover the news on Friday because I had a very special 30-minute interview with Grant Cardone that all of you should watch. The future of Bitcoin investing from an institutional perspective is probably blended products like what he is doing with real estate. I have a story today actually about something not similar, but along the same vein from Franklin Templeton that will be a novel way for institutional investors to gain some exposure to Bitcoin. That is the way things are going to happen in the future. But of course,

01:23 Scott Melker

it's Monday, which means we got to talk about the digital asset treasury companies and it ain't just strategy anymore. Here's the first story. Strategy has repurchased 205 million of STRC. As of 1025, 26 we hold 848,517 Bitcoin, must be nice and 5.1 billion of USD assets.