Sophia Network News

Sam Bankman-Fried Formally Seeks Presidential Pardon From Trump, Files Clemency Petition

Bitcoin Magazine Sam Bankman-Fried Formally Seeks Presidential Pardon From Trump, Files Clemency Petition Sam Bankman-Fried, the imprisoned founder of the collapsed cryptocurrency exchange FTX, has filed a formal clemency petition with the U.S. Department of Justice’s Office of the Pardon Attorney, requesting a presidential pardon from President Donald Trump while serving a 25-year prison sentence […]

Crypto Coalition of Over 200 Companies Presses Senate Leaders to Bring Clarity Act to Floor

Bitcoin Magazine Crypto Coalition of Over 200 Companies Presses Senate Leaders to Bring Clarity Act to Floor Stand With Crypto and more than 200 companies and organizations sent a letter to Senate Majority Leader John Thune and Minority Leader Chuck Schumer on June 7, urging them to schedule the Digital Asset Market Clarity Act for […]

Strive Buys 32 Bitcoin at $63,900 Average, Bringing Total Holdings to 19,032 BTC

Bitcoin Magazine Strive Buys 32 Bitcoin at $63,900 Average, Bringing Total Holdings to 19,032 BTC Strive, Inc. (Nasdaq: ASST) disclosed Monday that it purchased 32 bitcoin between June 2 and June 7, 2026, at an average cost of approximately $63,911 per coin — inclusive of fees and expenses — for a total outlay of roughly […]

Strategy (MSTR) Restarts Bitcoin Purchases After Selling, Buys 1,550 BTC for $101 Million

Bitcoin Magazine Strategy (MSTR) Restarts Bitcoin Purchases After Selling, Buys 1,550 BTC for $101 Million Strategy (MSTR) returned to the bitcoin market this week, purchasing 1,550 BTC for approximately $101 million — its first acquisition since a controversial sale of 32 bitcoin drew scrutiny from investors and analysts. The company disclosed the purchase in an […]

The Hyperinflation of 1971 at the Kindergarten

Bitcoin Magazine The Hyperinflation of 1971 at the Kindergarten I’m pretty sure it was 1971, but it could have been 1972. In any case, it was in kindergarten, and I was five years old. Our teachers had set up a system to motivate us kids to behave well. They had hung a big board on […]

5th Worst Bitcoin Price Action Ever — I’m Buying At 99.8% Probability

Bitcoin Magazine 5th Worst Bitcoin Price Action Ever — I’m Buying At 99.8% Probability The bitcoin price looks bad, but I’m buying. Price might go lower, it always can, but there is value at these levels, and I’m accumulating. I think it’s important to be honest about how I’m actually acting on the analysis I […]