Arthur Hayes and the DeFi Token Sell-Off: A Strategic Retreat or Market Signal? On February 9, 2026, BitMEX co-founder Arthur Hayes made headlines by liquidating significant amounts of three decentralized finance (DeFi) tokens—Ethena (ENA), Ether.fi (ETHFI), and Pendle (PENDLE). Together, these sales amounted to over $3 million, with ENA valued…

Bitcoin Treasury Strategy: Recent Acquisitions and Market Position Introduction to Strategy’s Bitcoin Acquisitions Strategy, a prominent player in the cryptocurrency space, recently reported the acquisition of an additional 1,142 BTC for approximately $90 million, averaging $78,815 per bitcoin. This strategic move, outlined in an 8-K filing with the Securities and…

MicroStrategy’s Strategic Bitcoin Acquisition Amid Market Losses Introduction to MicroStrategy’s Recent Moves MicroStrategy, now known as Strategy, has made headlines once again by announcing its latest acquisition of Bitcoin, acquiring 1,142 BTC for $90 million. This substantial purchase comes despite the company’s current unrealized loss of approximately $5 billion on…