Strategy announced that it has established a US Dollar (USD) reserve of $1.44 billion to support dividend payments. The company also revealed an additional purchase of 130 BTC for $11.7 million, pushing its total digital asset holdings to 650,000 BTC.
Cardano (ADA) is down 2% on Thursday as whales accelerate distribution. Despite the selling activity and price decline, ADA's open interest has grown steadily over the past month.
Solana (SOL) is trading above $141 at the time of writing on Thursday. The general outlook remains bearish despite a knee-jerk recovery from $130, which marked the previous day's low.